Complete Listing

1103 - 1113 Tsse Douville, Longueuil

Cost per Unit (CPU)
117 000 $
Gross Revenue Multiplicator (GRM) 13.2
Net Revenue Multiplicator (NRM) 21.0
Capitalization Rate (CAP)
4.8 %

2 x 6 units located in a roundabout. 12 x 2 bedrooms apartments. Heating and hot water paid by the tenants. Windows and doors changed in 2011. 14 parkings. Many renovations over the years.

Cartography

Property description

Features

Heating System Electric baseboards
Hot Water System Independent tanks
Electrical Pannels Breakers
Plumbing Copper & ABS
Condition of Kitchens Good condition, several renovated
Condition of Bathrooms Good condition, several renovated
Floor Covering Wood and laminated
Environmental Study No
Condition of Roof Good condition
Siding Brick
Condition of Balconies Good condition
Condition of Doors Good condition (2011)
Condition of Windows Good condition (2011)
Type of Parking Exterior
Intercom and Bell Bell
Fire System Yes
Janitor Agreement Janitor on site

Construction

Year Built 1969
Building Type Detached
Construction Type Brick
Number of Stories 2
Other Informations

Building type

Number of Units 12 x 4.5
Number of Parkings 20 exterior
Responsability of Heating Tenants
Responsability of Hot water Tenants
Responsability of Appliances Tenants
Washer /Dryer Installation Yes
Laundry No
Other Informations

Significant capital expenditures since 10 years

  • - Electrical panels with circuit breakers 2017
  • - Main entrance of Hydro-Québec 2017
  • - Heating conversion 2017
  • - Renovation of 8 out of 12 units at different levels of work
  • - Entrance flooring redone in 2017
  • - Hot water tank 40 gallons new, 6 units 2017
  • - Brick wall redone on the right side of the building

Other informations

Cadastral numbers : 2 798 928, 2 798 929, 3 528 909, 3 528 908

The buyer must refinance  the mortgage at the vendor's institution

1103 Tsse Douville
Desjardins | Balance: 545 758$ | Rate : 3,40% | Term: November 2022 | Monthly Instal. (C+I) :  2478$

1113 Tsse Douville
Desjardins | Balance: 545 758$ | Rate : 3,40% | Term: November 2022 | Monthly Instal. (C+I) :  2503$

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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