Complete Listing

1301 Boul. Saint-Joseph E., Plateau Mont-Royal E

Cost per Unit (CPU)
153 000 $
Gross Revenue Multiplicator (GRM) 19.4
Net Revenue Multiplicator (NRM) 34.9
Capitalization Rate (CAP)
2.9 %

Same owner since 1972. In the heart of the plateau at the corner of boulevard Saint-Joseph and Chambord. Approximately 250 meters from Laurier Park and 750 meters from Laurier Metro. Bus in front of the door. Well maintained building with appartments in good condition. The important frontage on Chambord street makes it that the units are well lit and ventilated. Well managed for years.

Cartography

Map

Property description

Features

Heating System Pulsed air and baseboards
Hot Water System Central gas
Electrical Pannels Breakers
Plumbing ABS, copper and PEX
Condition of Kitchens Good condition
Condition of Bathrooms Good condition
Floor Covering Hard wood and tiles
Environmental Study None
Condition of Roof Good condition
Siding Brick
Condition of Balconies Good condition
Condition of Doors N/A
Condition of Windows Good condition
Type of Parking N/A
Intercom and Bell Intercom
Fire System Yes
Janitor Agreement To be verified

Construction

Year Built 1941
Building Type Attached
Construction Type Wood and brick
Number of Stories 3
Other Informations

Building type

Number of Units 1x6.5 + 6x3.5 + 9 studios
Number of Parkings N/A
Responsability of Heating Tenant
Responsability of Hot water Owner
Responsability of Appliances Owner
Washer /Dryer Installation In one apartment
Laundry Yes
Other Informations

Significant capital expenditures since 10 years

  • Roof covering redone.
  • Renovations where needed.
  • Brick work in 2005.

Other informations

THE SALE IS MADE WITHOUT LEGAL WARRANTY OF QUALITY TO THE RISKS AND PERILS OF THE BUYER
Take note that in the assessment role the number of units is 18. However, there are currently 16 units in the building.

Caged storage in the basement for each unit.
Large room in basement with plumbing outlets (optimizable).
Lines and risers of hot and cold water have been replaced.
Check valves have been installed in the basement.
Balconies redone, ramps gelvanized and increased in height.

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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