Cost per Unit (CPU) |
79 000 $ |
---|---|
Gross Revenue Multiplicator (GRM) | 10.7 |
Net Revenue Multiplicator (NRM) | 21.3 |
Capitalization Rate (CAP) | 4.7 % |
Beautiful 31 units located in the area Fleurimont very well located near Galleries Quatre-Saisons and all services. Building all brick composed of 22x4.5 + 9x3.5. Very large parking. Heating and hot water costs are at the owner's expense. Assuming mortgage at an attractive interest rate, the CMHC premium is already paid. Take this chance!
Heating System | Electric baseboards |
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Hot Water System | Central tanks |
Electrical Pannels | Breakers |
Plumbing | Copper |
Condition of Kitchens | Good condition |
Condition of Bathrooms | Good condition |
Floor Covering | Laminated, ceramic and carpet |
Environmental Study | Yes |
Condition of Roof | Good condition |
Siding | Brick |
Condition of Balconies | Refreshed in 2005 |
Condition of Doors | Good condition |
Condition of Windows | Good condition |
Type of Parking | Exterior |
Intercom and Bell | Intercom |
Fire System | Yes |
Janitor Agreement | Yes, contract in management |
Year Built | 1976 |
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Building Type | Detached |
Construction Type | Brick and wood |
Number of Stories | 3 |
Other Informations |
Number of Units | 22x4.5 + 9x3.5 |
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Number of Parkings | 44 |
Responsability of Heating | Owner |
Responsability of Hot water | Owner |
Responsability of Appliances | Tenants (except 5 units owner) |
Washer /Dryer Installation | Yes in the 4.5 |
Laundry | Yes for the 3.5 |
Other Informations |
THE SALE IS MADE WITHOUT LEGAL WARRANTY OF QUALITY TO THE RISKS AND PERILS OF THE BUYER
The buyer must refinance the mortgage at the vendor's institution
Peoples Trust | Balance: 1 818 979$ | Rate : 3,26% | Term: December 2023| Monthly Instal. (C+I) : 8038$
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.