Complete Listing

Portfolio Square-Mercier, Ville de Mercier

Cost per Unit (CPU)
213 000 $
Gross Revenue Multiplicator (GRM) 15.4
Net Revenue Multiplicator (NRM) 22.1
Capitalization Rate (CAP)
4.5 %

New portfolio of 108 units in 9 buildings of 12 appartments. Two buildings to be built will have underground garages. The other buildings are either already rented or under construction. For the existing new buildings there is the possibility of optimizing the revenue. The units are of condo grade, very well finished and of good square footage. There is a large exterior garage on the site.

Cartography

Map

Property description

Features

Heating System Electric baseboards
Hot Water System Independent tanks
Electrical Pannels Breakers
Plumbing PEX and ABS
Condition of Kitchens New
Condition of Bathrooms New
Floor Covering Laminated floors and ceramic.
Environmental Study Phase 1 - 2009
Condition of Roof New
Siding Bricks
Condition of Balconies New
Condition of Doors New
Condition of Windows New
Type of Parking Exterior
Intercom and Bell Intercom
Fire System Yes in every building
Janitor Agreement To be verified

Construction

Year Built 2019
Building Type Detached
Construction Type Wood and brick
Number of Stories 3
Other Informations 3 lifts in total

Building type

Number of Units 42x5.5 + 66x4.5
Number of Parkings To be verified
Responsability of Heating Tenants
Responsability of Hot water Tenants
Responsability of Appliances Tenants
Washer /Dryer Installation In each unit
Laundry None
Other Informations

Significant capital expenditures since 10 years

  • New construction
  • The units have :
  • An air exchanger
  • Storage space
  • Place for a dishwasher.

Other informations

THE SALE IS MADE WITHOUT LEGAL WARRANTY OF QUALITY TO THE RISKS AND PERILS OF THE BUYER
Cadastral Designation: Parish of Sainte-Philomène in the registration division of Châteauguay: 1222,1221,1322,1216,1217,1116,1218
Address : 184 Omer-Daigneault - 680 Saint-Denis - 685 Saint-Denis - 690 Saint-Denis
700 Saint-Denis - 710 Saint-Denis - 720 Saint-Denis - 730 Saint-Denis - 740 Saint-Denis
The municipal taxes are estimated for the following buildings : 184 Omer-Daigneault, 720 Saint-Denis, 700 Saint-Denis et 710 Saint-Denis
The school taxes are estimated for the following buildings :
184 Omer-Daigneault, 720 Saint-Denis, 700 Saint-Denis, 710 Saint-Denis, 680 Saint-Denis & 690 Saint-Denis
The mortgages have to be assumed see listing broker for details.
The price includes taxes and sales tax refunds

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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