142 - 144 Victoria, Granby

Property Description

Residential 2 x 5½ duplex located in downtown Granby, comprising two spacious units as well as a detached garage. The building is leased and offers a central location close to shops, services, and main roads.

Highlights

Fully leased 2 x 5½ duplex. Detached garage with two distinct spaces. Central location in Granby. GK11C zoning allowing, among other things, multi-family housing R4+. Several improvements made in recent years.

Capital spendings in recent years

144 Victoria: paint, new countertop, addition/improvement of cabinets and staging. Other recent work: light fixtures, electrical work, digital locks, camera system, thermostats and baseboards replaced, vinyl flooring at 142, hot water tank replaced and front windows changed.

Other information

142-144 Victoria is sold as part of a portfolio with 25-27 Court

Both lots must be subject to distinct financing and cannot be financed jointly under the same CMHC financing

Sale without legal warranty of quality, at the buyer's risk and peril

Frais d’électricité estimés à 4 776 $/an, selon une consommation normalisée à la suite d’une surconsommation exceptionnelle en 2025-2026

Location
Building description

General Information

Cadastral number1 010 460

Total Municipal Assessment

Total Municipal Assessment351 000 $
Municipal Land Assessment61 600 $
Municipal Building Assessment289 400 $

Construction

Number of Storeys2
Type of BuildingDetached
Type of ConstructionWood structure
Year of Construction1947
2 x 5½ duplex with crawl space and detached garage

Electromechanical System

Fire SystemSmoke detectors

Parking

Type of ParkingDetached garage
Number of Parking Spaces2

Area

Land Surface Area2,761 sq ft

Building type

Laundry RoomN/A
Number of Rooms10
Number of Units2 x 5 1/2
Washer/Dryer InletYes, in each unit
Appliance ResponsibilityIncluded in most units; tenant's responsibility
Heating ResponsibilityTo landlords
Hot Water ResponsibilityTo landlords
Two 5½ units, one on the ground floor and one upstairs.

Features

FencedNo
Internet and TelecomYes
PlumbingMix of copper, PEX, ABS, and cast iron / repairs and additions over the years
Condition of RoofAsphalt shingles
Condition of DoorsGlazed steel
Condition of BalconiesFront balconies and terrace on the garage roof
Concierge AgreementN/A
Intercom and DoorbellOutdoor doorbell for each unit / digital lock
Heating SystemElectric baseboards
Hot Water SystemIndependent tanks
Condition of WindowsSliding aluminum and PVC sash; front windows replaced
Condition of KitchensGood condition
Electrical Panels2 x 125 A
Exterior SidingAluminum, vinyl and wood
Distance from fire station and hydrantFire station ± 3 km
Condition of BathroomsGood condition
Environmental ReportUpdate to be done
Floor CoveringWood, ceramic, glued vinyl and floating floor
Income & Expenses

Revenue

Unit142
Sq. Ft.
Rooms5
Bedrooms3
Bathroom1
Monthly Rent1 860 $
Lease ExpirationJuly 2027
Washer and Dryer EntryOui

Revenue

Current Amount
Total Revenue / month
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Expense

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Financing Simulator

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Required Down Payment
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Mortgage financing amount

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Monthly Payment

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CPU

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GRM

Cashflow

Net Revenue $
Annual Mortgage Payment $
Cashflow After Loan $
Karine Thérien
Karine Thérien
Team Jessika Lahaie
|
Real Estate Broker
438-220-7700 karine.therien@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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