|Cost per Unit (CPU)||
66 000 $
|Gross Revenue Multiplicator (GRM)||10.9|
|Net Revenue Multiplicator (NRM)||18.9|
|Capitalization Rate (CAP)||
Attached building of 15 units built in 1955 with 15 studios. Brick and wood structure. Electric heating paid by the tenants and central hot water (gas) paid by the owner. Stove and fridge provided and laundry room on site. Electric panels with breakers. Kitchen cabinets have been changed in 2007 (85%). Windows 2007. Membrane roof changed in 2014.
|Heating System||Electric baseboards|
|Hot Water System||Central hot water; natural gas|
|Plumbing||Copper, pex and galvanised|
|Condition of Kitchens||85% Cabinets changed|
|Condition of Bathrooms||Good condition|
|Floor Covering||Wood, vinyl, ceramic|
|Environmental Study||Phase 2|
|Condition of Roof||Elastomeric membrane 2014|
|Condition of Balconies||None|
|Condition of Doors||None|
|Condition of Windows||Changed in 2007-2008|
|Type of Parking||N/A|
|Intercom and Bell||Intercom|
|Janitor Agreement||Live on site|
|Number of Stories||3|
|Number of Units||15 studios|
|Number of Parkings||None|
|Responsability of Heating||Tenants|
|Responsability of Hot water||Owner|
|Responsability of Appliances||Owner|
|Washer /Dryer Installation||No|
|Other Informations||Studios between 250sf and 275sf|
The land is contaminated and sold as is. The owner agrees to finance the buyer.
This sale is made without legal warranty at buyer's own risks.
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.