Complete Listing

11525 Notre-Dame E., Montreal-est / P-A-T

Cost per Unit (CPU)
149 000 $
Gross Revenue Multiplicator (GRM) 12.9
Net Revenue Multiplicator (NRM) 19.2
Capitalization Rate (CAP)
5.2 %

Building of 6 very large units HIGHLY PROFITABLE built in 1947 offering 4x6.5 and 2x5.5. Heating shared between owner and tenants, breaker panels and new main water entry. Responsibly maintained: New kitchen cabinets in 2 units, sandblasted/varnished floors in 5 units, front doors replaced ... The economic value is higher than the asking price!

Cartography

Map

Property description

Features

Heating System Central gas furnace except 1 unit
Hot Water System Independent tanks, tanks rented
Electrical Pannels Breakers
Plumbing Copper, steel and ABS
Condition of Kitchens Good condition
Condition of Bathrooms Good condition
Floor Covering Hard wood
Environmental Study No
Condition of Roof Good condition
Siding Brick
Condition of Balconies Wood
Condition of Doors All new except 1rear door
Condition of Windows 2 redone
Type of Parking N/A
Intercom and Bell Intercom
Fire System Smoke detectors
Janitor Agreement 200$ per month, no contract

Construction

Year Built 1947
Building Type Detached
Construction Type Brick and wood
Number of Stories 2
Other Informations

Building type

Number of Units 4x6.5 + 2x5.5
Number of Parkings N/A
Responsability of Heating Owner / tenants
Responsability of Hot water Tenants
Responsability of Appliances Tenants
Washer /Dryer Installation Yes in all the units
Laundry No
Other Informations

Significant capital expenditures since 10 years

  • - Changed water inlet
  • - Front sidewalk (2016)
  • - Repairing foundation cracks (2016)
  • - Sandblasting and varnishing of floors for 5 units (since 2016)
  • - 6 front doors changed, 5 rear doors changed
  • - 2 windows changed (2018 and 2019)
  • - 2 bathrooms redone (2016 and 2017)

Other informations

Some other improvements:
- 2 sets of kitchen cabinets changed (2017)
- New intercom (2017)
- New fence of quality on the Ouest side
- $ 27583.38 in work was spent on the refurbishment of a unit, which is now in very good condition. It was in the context of an insurance claim following a fire

The remarks, descriptions, features and financial projections contained in the present document are only for information purposes and should not be considered as being official. The information herein comes from what we consider reliable sources but for which we cannot guarantee the accuracy. It is the buyer’s responsability to verify all the information and to declares himself satisfied or dissatisfied while in the due dilligence process following an accepted promise to purchase.

Financial information

Rent roll

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