101 - 103 du Parc, Saint-Polycarpe

Asking Price

$640,000

Property Description

A rare duplex located at 101-103 Rue du Parc in Saint-Polycarpe, built and meticulously maintained by the owner-occupant. It comprises two spacious 5½-room units, one of which is occupied by the owner and the other is rented for $1,200/month. Each unit has its own garage, parking spaces, and a yard. According to the seller, one of the units features a basement kitchen with a separate entrance, offering potential for an additional dwelling—subject to verification with the city.

Highlights

Rare duplex built by the owner-occupant

5% CMHC down payment available for first-time owner-occupants (5% up to $500K, 10% on the balance)

Two spacious 5 ½ units

Current income of $1,600/month for unit 101

Garage, yard and parking for each unit

Full basement kitchen with separate entrance

Potential additional basement unit to be verified with the City.

Other information

The property is sold without any legal warranty of quality, at the buyer’s own risk.

According to the seller, one of the units includes a full kitchen in the basement and a separate entrance that could be converted into a guest suite; the buyer must verify this with the City.

See the seller’s statement for details regarding the certificate of location, basement, moisture, and drainage.

Location
Building description

General Information

Cadastral number3 765 015 et 5 376 614

Total Municipal Assessment

Total Municipal Assessment552 800 $
Municipal Land Assessment91 800 $
Municipal Building Assessment461 000 $

Construction

Number of Storeys1
Type of BuildingDetached
Type of ConstructionBrick and wood
Year of Construction1972

Electromechanical System

Fire SystemSmoke detectors

Parking

Type of ParkingExterior, Garage
Number of Parking Spaces10 spaces

Area

Land Surface Area9 198 p.c.

Building type

Laundry RoomN/A
Washer/Dryer InletYes, in each unit
Appliance ResponsibilityTenant
Heating ResponsibilityTenant
Hot Water ResponsibilityTenant
N/A

Features

FencedYes
PlumbingTo be verified
Condition of Roofasphalt shingles
Condition of DoorsGood condition
Condition of BalconiesGood condition
Concierge AgreementN/A
Intercom and DoorbellYes, intercom
Heating Systemhot water, electricity
Hot Water SystemIndependent tanks
Condition of WindowsPVC / sliding window, casement window
Condition of KitchensGood condition
Electrical Panelscircuit breakers
Exterior SidingBrick
Condition of BathroomsGood condition
Environmental ReportN/A
Floor Coveringceramic, wood, linoleum
Income & Expenses

Revenue

Unit101
Sq. Ft.
Rooms6
Bedrooms3
Bathroom1
Monthly Rent1 600 $
Lease ExpirationMonthly
Washer and Dryer EntryOui / Yes
Remarques
Homeowner

Revenue

Current Amount
Total Revenue / month
Annual Total Revenue / year

Expense

Current Amount
Total Expenses / month
Annual Total Expenses / year
Net Revenue / month

Financing Simulator

$
Required Down Payment
$
years
%

Mortgage financing amount

$

Monthly Payment

$

CPU

$

GRM

Cashflow

Net Revenue $
Annual Mortgage Payment $
Cashflow After Loan $
Marc-André Gignac
Marc-André Gignac
Team Marc-André Gignac
|
Real Estate Broker | Partner PMML
514-914-3621 marc-andre.gignac@pmml.ca
Property Photos
The remarks, descriptions, characteristics and financial projections contained in this document are for information only and should not be considered official. The information contained herein comes from sources we believe to be reliable, but for which we cannot guarantee the accuracy. It is the buyer's responsibility to check everything and to declare themselves satisfied or dissatisfied with it during the due diligence process following an accepted promise to purchase.
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