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INVESTMENT OPPORTUNITY
Asking Price:
$ 4,600,000
Gross Revenues:  
$ 338,052
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Revenue and Expenses Summary
Revenues - Residential  332,052$
Revenues - Commercial 0$
Revenues - Garage/Parking 6,000$
Revenues - Laundry 0$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 338,052$
Vacancies 9,962$
Gross Effective Revenues: 328,090$
Total Taxes: 25,990$
Total Expenses: 85,393$
Net Revenue: 242,697$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 13.61
N.R.M. (Net Rev. Multiplier): 18.95
Cost Per Unit: 164,286$
Sold Amount:
$ 0
Sold Date:
2020-06
Civic Number Street District
2070 - 2080 2072 PAPINEAU VILLE-MARIE

Cross Street:

ONTARIO  
General Information
Property use: Residential
Residential units: 28 Units
Commercial units: 0 Units
Comm. area size:
   
Features
Parking inside: 5
Parking outside: 0
Elevators 0
Common Washers: 0
Common Dryers: 0
Building and Lot
Building type: Detached
Year Built: 1880
Building Stories: 3
Lot Area: 819.3
Municipal Evaluation
Year:  2020-2022
Land:  950,400$
Building:  2,351,700$
Total:  3,302,100$
Number of Units
Studio(s): (1 ˝) 0
Alcove: (2 ˝) 0
1 bedroom: (3 ˝) 12
2 bedrooms: (4 ˝) 10
3 bedrooms: (5 ˝) 3
4 bedrooms & more: 3
Total nb. of Units: 28
Heating
Heating Energy: Electricity
Heating Type: Electric Baseboards
Heating Paid By: Tenants
   
Hot Water Heat: Electricity
Hot Water Paid By: Tenants
   
Notes:
*** Superb building of 28 units, electric tenants, located 5 minutes from Parc Lafontaine *** Brick work 2017 ($21,000), roof 2013 and 2017 ($39,000), water entry redone 2016 etc. Aluminum double windows, 100 AMP breakers in each apartment, copper plumbing, washer-dryer hookups in each unit, Surveillance cameras, 5 garages, 24 storage spaces Amazing location, great quality of tenants !