8-unit brick building located in the university district. The property comprises seven 4½-room units and one 2½-room unit. Energy costs are the owner's responsibility. Meticulously maintained by the same owner since 2007. Several improvements have been made over the years, including the roof, doors and windows, and balconies, as well as updates to several units. A must-see!
Close to Mont-Bellevue Park and its trails, as well as numerous shops and services.
Well-maintained units and quality tenants.
Storage space available in the basement.
Kitchen, flooring, and bathroom renovations over the years.
Fiberglass balconies installed in 2015
Roof – 2014
Doors and windows replaced in 2011
Oil-fired boiler – 2008
Fenced backyard.
Heating and hot water costs covered by the landlord.
Phase II environmental assessment conducted in February 2026.
The sale is made without legal warranty of quality, at the buyer's risk.
| Cadastral number | 2 130 897 |
| Total Municipal Assessment | 696 600 $ |
| Municipal Land Assessment | 206 900 $ |
| Municipal Building Assessment | 489 700 $ |
| Number of Storeys | 3 |
| Type of Building | Detached |
| Type of Construction | Brick and wood |
| Year of Construction | 1972 |
| Fire System | Smoke detectors |
| Type of Parking | Outdoor |
| Number of Parking Spaces | About 10 spots |
| Land Surface Area | 9900 |
| Laundry Room | N/A |
| Number of Rooms | 30 |
| Number of Units | 7 x 4.5, 1 x 2.5 |
| Washer/Dryer Inlet | Yes, in each unit |
| Appliance Responsibility | Tenant |
| Heating Responsibility | Owner |
| Hot Water Responsibility | Owner |
| Central vaccum | |
| Fenced | Yes, at the back |
| Internet and Telecom | N/A |
| Plumbing | ABS / PEX / Copper |
| Condition of Roof | To be verified |
| Condition of Doors | Sliding patio doors |
| Condition of Balconies | Fiberglass |
| Concierge Agreement | Yes |
| Intercom and Doorbell | Yes |
| Heating System | Dual-energy hot water (oil and electricity) |
| Hot Water System | Central tank – Dual-energy (oil and electricity) |
| Condition of Windows | Sliding |
| Condition of Kitchens | Good condition, mostly renovated |
| Electrical Panels | Circuit breakers |
| Exterior Siding | Brick |
| Distance from fire station and hydrant | Nearby |
| Condition of Bathrooms | Good condition, mostly renovated |
| Environmental Report | Phase I and Phase II conducted in February 2026 |
| Floor Covering | Various |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $88,284 | 100 % | $920 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | |||
| Laundry | |||
| Total revenues | $88,284 | $920 | |
| Vac. / Bad debt | $2,649 | 3 % | $28 |
| EGR | $85,635 | $892 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Normalised | $3,854 | 4.5 % | $482 |
| Municipal Taxes | Current | $9,422 | 11 % | $1,178 |
| School Taxes | Current | $477 | 0.6 % | $60 |
| Insurance | Current | $2,432 | 2.8 % | $304 |
| Electricity | Estimated | $4,618 | 5.4 % | $577 |
| Heating | Estimated | $2,271 | 2.7 % | $284 |
| Snow Removal | ||||
| Elevator | ||||
| Lawn | ||||
| Structural reserve | ||||
| Janitor | Normalised | $2,000 | 2.3 % | $250 |
| Maintenance | Normalised | $5,600 | 6.5 % | $700 |
| Appliances | ||||
| WiFi | ||||
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $856 | 1 % | $107 |
| Total expenses | $31,530 | 36.8 % | $3,941 | |
| Net Revenue | $54,106 | $6,763 |
| SCHL | SCHL APH 50 | Conventional | |
|---|---|---|---|
| Maximum loan amount | $798,452 | $943,625 | $635,652 |
| Financing CAP | 5.76 % | 4.87 % | 6.38 % |
| Debt coverage ratio | 1.3 | 1.1 | 1.25 |
| Interest Rate | 4.3 % | 4.3 % | 4.75 % |
| Amortization | 40 Years | 40 Years | 25 Years |
| Term | 5 Years | 5 Years | 5 Years |
| SCHL | SCHL APH 50 | Conventional | |
|---|---|---|---|
| Net Revenue | $54,106 | $54,106 | $54,106 |
| Annual Mortgage Cost | $44,221 | $51,950 | $43,284 |
| Net cash after mortgage | $9,885 | $2,156 | $10,821 |
| RETURN ON INVESTMENT | |||
| Down Payment | $496,548 | $351,375 | $659,348 |
| Cash on cash return | 2.0 % | 0.6 % | 1.6 % |
| Return on liquidity + capitalization | 3.6 % | 3.4 % | 3.7 % |
| Total yearly return with appreciation of 2 % | 8.86 % | 10.73 % | 7.64 % |
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