Complete Listing

12850 - 12860 De Montigny, Montreal-est / P-A-T

Cost per Unit (CPU)
134 000 $
Gross Revenue Multiplicator (GRM) 14.5
Net Revenue Multiplicator (NRM) 22.6
Capitalization Rate (CAP)
4.4 %

BUILDING OF 24 CONDOS BUILT IN 1986. Open area condo layout. Excellent quality of clientele. Half of the condos is renovated. The roof has been replaced in August 2018. There is an 8x8 fiber glass terrace in each condo. All condos are individually cadastered. There is no major renovation to plan in a near future. EXCELLENT POTENTIAL FOR INCREASING REVENUS

Cartography

Map

Property description

Features

Heating System Electric baseboards
Hot Water System Independant tanks
Electrical Pannels Breakers
Plumbing Copper
Condition of Kitchens Good condition
Condition of Bathrooms Good condition
Floor Covering Laminated, ceramic, carpet
Environmental Study Phase 1 conform October 2018
Condition of Roof New August 2018
Siding Brick
Condition of Balconies New; Fiber glass
Condition of Doors Good condition
Condition of Windows Good condition
Type of Parking Outdoor; asphalt
Intercom and Bell Intercom
Fire System Central panel
Janitor Agreement Yes

Construction

Year Built 1986
Building Type Detached
Construction Type Brick and wood
Number of Stories 3
Other Informations

Building type

Number of Units 24 X 4.5
Number of Parkings 28
Responsability of Heating Tenants
Responsability of Hot water Tenants
Responsability of Appliances Tenants
Washer /Dryer Installation In all units
Laundry None
Other Informations

Significant capital expenditures since 10 years

  • Roof has been changed in August 2018
  • All balconies have been changed in last years
  • Half of the units have been renovated

Other informations

The sale is made without legal warranty of quality, at the risk and peril of the buyer.
Cadaster numbers:
1 502 765 , 1 502 766 , 1 502 767 , 1 502 768 ,
1 502 769 , 1 502 770 , 1 502 771 , 1 502 772 ,
1 502 773 ,1 502 774 , 1 502 775 , 1 502 776 ,
1 502 777 , 1 502 778, 1 502 779 , 1 502 780 ,
1 502 781, 1 502 782 , 1 502 783 , 1 502 784,
1 502 785 , 1 502 786 , 1 502 787 , 1 502 788,
1 502 789 , 1 502 790 , 1 502 791 , 1 502 792

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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