Complete Listing

Portfolio des Sources / Pavillon, Pierrefonds/Roxboro

Cost per Unit (CPU)
233 000 $
Gross Revenue Multiplicator (GRM) 25.5
Net Revenue Multiplicator (NRM) 39.0
Capitalization Rate (CAP)
2.6 %

PIERREFONDS 72 UNITS, RARE OPPORTUNITY. 3 buildings of 24 units built in 1992 for a total of 72 units offering 33x4.5 + 39x3.5. Wood structure with light concrete slab. All units except 10 have been renovated. All water heaters have been changed. Sprinkler system in all units. Rigidly maintained building and regulations applied for a healthy living environment.

Cartography

Map

Property description

Features

Heating System Electric baseboards
Hot Water System Independent tanks (all new)
Electrical Pannels Breakers
Plumbing Very good condition
Condition of Kitchens Very good condition
Condition of Bathrooms Very good condition
Floor Covering Laminated , ceramic & concrete slab
Environmental Study Yes
Condition of Roof Redone in 2002; shingles
Siding Bricks
Condition of Balconies Very good condition
Condition of Doors Very good condition
Condition of Windows Very good condition
Type of Parking Exterior
Intercom and Bell Intercom
Fire System Connected sprinkler system
Janitor Agreement Yes

Construction

Year Built 1992
Building Type Detached
Construction Type Brick and wood
Number of Stories 3
Other Informations

Building type

Number of Units 33x4.5 + 39x3.5
Number of Parkings 90 spots
Responsability of Heating Tenants
Responsability of Hot water Tenants
Responsability of Appliances Tenants
Washer /Dryer Installation Yes, in each unit
Laundry No
Other Informations

Significant capital expenditures since 10 years

  • Apartments are 85% renovated (10 not renovated)
  • All water heaters have been changed
  • All uni‐stones have been changed, front and back
  • Parking was renovated
  • All metal exterior staircases have been changed
  • Front and back entrances have been changed
  • All facades and balconies were renovated

Other informations

5155 - 5175 Boulevard des Sources - 24 units - cadastre: 1 171 847
11775 - 11787 Rue Pavillon - 24 units - cadastre : 1 171 889
11755 - 11767 Rue Pavillon - 24 units - cadastre : 1 171 890

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

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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