Samuel Lapointe
| Team Samuel & Jessika
Executive VP
|
Real Estate Broker | PMML Partner
Jessika Anne Ledingham
| Team Samuel & Jessika
Senior VP
|
Real Estate Broker | PMML Partner
Discover the Chambéry Project, a prestigious building combining luxury and comfort. Built in 2021, it includes 15 high-end condos in a growing neighborhood, ensuring strong rental demand and continuous appreciation. Energy costs are the tenants' responsibility, and each unit offers modern amenities. Close to services and Highway 640, it provides a practical and sought-after living environment.
Located in a booming development
High end construction
Bike path
Highway 640
New construction
Central Vacuum in each unit
| Cadastral number | 6 288 111 |
| Total Municipal Assessment | 4 994 700$ |
| Municipal Land Assessment | 1 104 100$ |
| Municipal Building Assessment | 3 890 600$ |
| Number of Storeys | 3 |
| Type of Building | Isolated |
| Type of Construction | Brick and wood |
| Year of Construction | 2021 |
| Fire System | Yes |
| Type of Parking | 9 outdoor parking spaces and 24 garages |
| Number of Parking Spaces | 33 spots |
| Land Surface Area | 24,746 sq. ft. |
| Laundry Room | No |
| Washer/Dryer Inlet | Yes |
| Appliance Responsibility | Tenants |
| Heating Responsibility | Tenants |
| Hot Water Responsibility | Tenants |
| Plumbing | Pex / ABS |
| Condition of Roof | Elastomer |
| Condition of Doors | New construction |
| Condition of Balconies | New construction |
| Concierge Agreement | No |
| Intercom and Doorbell | Yes |
| Heating System | Electric baseboards |
| Hot Water System | Electric |
| Condition of Windows | New construction |
| Condition of Kitchens | New construction |
| Electrical Panels | Circuit breaker |
| Exterior Siding | Brick and fibro ciment |
| Condition of Bathrooms | New construction |
| Environmental Report | New construction |
| Floor Covering | Floating and ceramic |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $435,744 | 100 % | $2,421 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | |||
| Laundry | |||
| Total revenues | $435,744 | $2,421 | |
| Vac. / Bad debt | $8,715 | 2 % | $48 |
| EGR | $427,029 | $2,372 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Normalised | $21,351 | 5 % | $1,423 |
| Municipal Taxes | Current | $38,797 | 9.1 % | $2,586 |
| School Taxes | Current | $2,517 | 0.6 % | $168 |
| Insurance | Current | $10,529 | 2.5 % | $702 |
| Electricity | Current | $7,590 | 1.8 % | $506 |
| Heating | ||||
| Snow Removal | Current | $5,203 | 1.2 % | $347 |
| Elevator | Current | $2,415 | 0.6 % | $161 |
| Lawn | ||||
| Structural reserve | ||||
| Janitor | Normalised | $6,000 | 1.4 % | $400 |
| Maintenance | Normalised | $10,500 | 2.5 % | $700 |
| Appliances | ||||
| WiFi | ||||
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $4,270 | 1 % | $285 |
| Landscape maintenance | Current | $1,941 | 0.5 % | $129 |
| Bell | Current | $690 | 0.2 % | $46 |
| Total expenses | $111,804 | 26.2 % | $7,454 | |
| Net Revenue | $315,225 | $21,015 |
| schl | conv | |
|---|---|---|
| Maximum loan amount | $5,392,141 | $3,870,458 |
| Financing CAP | 4.97 % | 6.11 % |
| Debt coverage ratio | 1.3 | 1.25 |
| Interest Rate | 3.31 % | 4.31 % |
| Amortization | 40 Years | 25 Years |
| Term | 5 Years | 5 Years |
| schl | conv | |
|---|---|---|
| Net Revenue | $315,225 | $315,225 |
| Annual Mortgage Cost | $253,130 | $252,180 |
| Net cash after mortgage | $62,095 | $63,045 |
| RETURN ON INVESTMENT | ||
| Down Payment | $1,802,859 | $3,324,542 |
| Cash on cash return | 3.4 % | 1.9 % |
| Return on liquidity + capitalization | 7.3 % | 4.6 % |
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