Complete Listing

11699 Boul. Saint-Germain, Cartierville

5 995 000 $

Cost per Unit (CPU)
125 000 $
Gross Revenue Multiplicator (GRM) 16.7
Net Revenue Multiplicator (NRM) 29.5
Capitalization Rate (CAP)
3.4 %

Building of 48 units located in Cartierville. Built in 1968, brick & wood structure. Heating paid by the tenants & hot water by the owner. Electrical panels with breakers. Hardwood & ceramic floors. 14 parking spaces. Garage. Laundry room. Bus lines 117, 164 & 170 nearby. Gare du Ruisseau is 700m away and provides access to downtown in less than 15mins. Significant potential for optimization.

Cartography

Map

Property description

Features

Heating System Electric baseboards
Hot Water System Central tank
Electrical Pannels Circuit breakers
Plumbing Copper and steel
Condition of Kitchens 80% renovated
Condition of Bathrooms 80% renovated
Floor Covering Ceramic and hardwood
Environmental Study Yes - 2016
Condition of Roof Very good condition | 2013
Siding Brick
Condition of Balconies Fiberglass and wrought iron
Condition of Doors 9 years
Condition of Windows 9 years
Type of Parking 8 interior and 6 exterior
Intercom and Bell Yes
Fire System Compliant
Janitor Agreement On site | Contract

Construction

Year Built 1968
Building Type Detached
Construction Type Brick and wood
Number of Stories 4
Other Informations

Building type

Number of Units 1x5.5 + 12x4.5 + 25x3.5 + 10x2.5
Number of Parkings 14 parking spots
Responsability of Heating Tenants
Responsability of Hot water Owner
Responsability of Appliances Owner
Washer /Dryer Installation No
Laundry Yes
Other Informations

Significant capital expenditures since 10 years

  • 80% of the kitchens have been renovated
  • 80% fo the bathroom have been renovated
  • The roof was redone in 2013

Other informations

The buyer must refinance  the mortgage at the vendor's institution
First National | Balance: 3 082 087$ | Rate : 1,97% | Term: June 2021 | Monthly Instal. (C+I) :  12 620$

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

Apartment Type Monthly rent Renewal Remarks
101 2.5
535 $
August 2020
102 4.5
763 $
Vacant
103 3.5
445 $
October 2020
104 3.5
620 $
June 2020
201 3.5
605 $
July 2020
202 4.5
725 $
May 2020
203 3.5
600 $
December 2020
204 3.5
585 $
February 2021
205 2.5
480 $
July 2020
206 4.5
725 $
August 2020
207 4.5
705 $
March 2021
208 3.5
545 $
August 2020
209 2.5
485 $
July 2020
210 3.5
600 $
March 2021
211 3.5
610 $
June 2020
301 3.5
605 $
November 2020
302 4.5
705 $
June 2020
303 3.5
445 $
June 2020
304 3.5
555 $
June 2020
305 2.5
475 $
December 2020
306 4.5
705 $
September 2020
307 5.5
800 $
Vacant
308 2.5
485 $
June 2020
309 2.5
470 $
January 2021
310 3.5
600 $
February 2021
311 3.5
605 $
June 2020
401 3.5
605 $
October 2020
402 4.5
700 $
November 2020
403 3.5
565 $
September 2020
404 2.5
565 $
March 2021
405 3.5
465 $
May 2020
406 4.5
725 $
May 2021
407 4.5
725 $
May 2021
408 3.5
600 $
August 2020
409 2.5
490 $
July 2020
410 3.5
600 $
July 2020
411 3.5
600 $
December 2020
501 3.5
577 $
June 2020
502 4.5
700 $
June 2020
503 3.5
570 $
October 2020
504 3.5
530 $
July 2020
505 2.5
515 $
Vacant
506 4.5
710 $
August 2020
507 4.5
710 $
August 2020
508 3.5
560 $
Vacant
509 2.5
470 $
August 2020
510 3.5
610 $
June 2020
511 3.5
625 $
May 2021
202 Stationnement
35 $
May 2020
204 Stationnement
60 $
February 2021
207 Stationnement
60 $
March 2021
301 Stationnement
30 $
November 2020
306 Stationnement
30 $
September 2020
311 Stationnement
30 $
June 2020
401 Stationnement
30 $
October 2020
404 Stationnement
30 $
March 2021
406 Stationnement
50 $
May 2021
409 Stationnement
35 $
July 2020
411 Stationnement
60 $
December 2020
502 Stationnement
35 $
June 2020
510 Stationnement
50 $
June 2020
511 Stationnement
30 $
May 2021
Residential Rents
28 695 $
Parking Lots
565 $
Total Monthly
29 260 $
Total yearly
351 120 $

Pictures