Complete Listing

1770 - 1816 Schryer, Gatineau

Cost per Unit (CPU)
208 000 $
Gross Revenue Multiplicator (GRM) 16.6
Net Revenue Multiplicator (NRM) 25.2
Capitalization Rate (CAP)
4.0 %

GATINEAU, along the Rivière Blanche, magnificent complex of 60 rental condos built in 2016 composed solely of 2-bedroom units. The condo area ranges from 1,150 to 1,200 square feet with wall-mounted air conditioning, air exchanger, laundry room, storage room, oversized patio door, walk-in closet and 9-foot ceilings. Large rental demand. Excellent clientele and easy to manage.

Cartography

Map

Property description

Features

Heating System Electric baseboards
Hot Water System Independent tanks
Electrical Pannels Breakers
Plumbing ABS, pex
Condition of Kitchens Very good condition
Condition of Bathrooms Very good condition; separate shower and bath
Floor Covering Engineered floors, ceramic
Environmental Study Yes
Condition of Roof 2016; asphalte shingles
Siding Brick
Condition of Balconies Fiber glass, aluminum railings
Condition of Doors New 2016; Oversized patio door
Condition of Windows New 2016
Type of Parking Exterior, Asphalte
Intercom and Bell Doorbell for each unit
Fire System Smoke detector
Janitor Agreement No

Construction

Year Built 2016
Building Type Attached
Construction Type Wood and brick
Number of Stories 2
Other Informations Wall-mounted AC + air exchanger

Building type

Number of Units 60 x 4.5 (5 buildings of 4 triplex)
Number of Parkings 111 spots
Responsability of Heating Tenants
Responsability of Hot water Tenants
Responsability of Appliances Dishwasher included
Washer /Dryer Installation In all the units
Laundry No
Other Informations Possibility of having a shed

Significant capital expenditures since 10 years

  • - Large balconies,
  • - 9 foot-ceilings
  • - No dogs
  • - Walk-in wardrobe

Other informations

All unit on the second floor has a third closed room with window that can be used as a small office

THE SALE IS MADE WITHOUT LEGAL WARRANTY OF QUALITY TO THE RISKS AND PERILS OF THE BUYER

See with listing broker regarding the annex for the cadastral numbers.

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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