An attractive 12-unit building located in Brompton, adjacent to Ernest-Bergeron Park. It offers well-laid-out apartments—comprising three 3½, six 4½, and three 5½ units—with 3 recently renovated. Tenants cover their own energy costs. The roof was replaced in 2020 and the windows in 2019. Internet service is included in the leases. An excellent opportunity to expand your real estate portfolio!
Located in a peaceful area close to all amenities and the Kruger plant.
Ideal for energy-efficiency financing (see CMHC scenario).
Private storage space in the outdoor shed.
Shed roofing (2026)
Roofing (2020 and 2025)
Windows (2018 to 2020)
Complete renovation of 3 units (2 x 5.5, 1 x 4.5).
Fire safety system upgrade.
Several rents are below market value.
Internet service is included in the leases.
The sale is made without legal warranty of quality, at the buyer's risk.
| Cadastral number | 3 102 621 |
| Total Municipal Assessment | 1 313 600 $ |
| Municipal Land Assessment | 217 500 $ |
| Municipal Building Assessment | 1 096 100 $ |
| Number of Storeys | 3 |
| Type of Building | Detached |
| Type of Construction | Brick and wood |
| Year of Construction | 1986 |
| Central vaccuum in common area. | |
| Fire System | Yes |
| Type of Parking | Exterior |
| Number of Parking Spaces | Large gravel area |
| Land Surface Area | 21 534 sq. ft. |
| Laundry Room | N/A |
| Number of Rooms | 48 |
| Number of Units | 3 x 3.5, 6 x 4.5, 3 x 5.5 |
| Washer/Dryer Inlet | Yes, in each unit |
| Appliance Responsibility | Tenant |
| Heating Responsibility | Tenant |
| Hot Water Responsibility | Tenant |
| Internet and Telecom | Internet |
| Plumbing | Copper, ABS |
| Condition of Roof | Renovated in 2020 | Additional renovation work in 2025 |
| Condition of Doors | Majority original (1985), 1 replaced |
| Condition of Balconies | Fiberglass |
| Concierge Agreement | Yes |
| Intercom and Doorbell | To be verified |
| Heating System | Electric baseboards |
| Hot Water System | 40-gallon electric water heaters (one per unit) |
| Condition of Windows | All replaced in 2020 |
| Condition of Kitchens | 3 renovated, good condition |
| Electrical Panels | Circuit breakers |
| Exterior Siding | Brick |
| Condition of Bathrooms | 3 renovated, good condition |
| Environmental Report | Yes - 2017 |
| Floor Covering | Vinyl, floating |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $140,640 | 100 % | $977 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | |||
| Laundry | |||
| Total revenues | $140,640 | $977 | |
| Vac. / Bad debt | $4,219 | 3 % | $29 |
| EGR | $136,421 | $947 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Normalised | $6,821 | 5 % | $568 |
| Municipal Taxes | Current | $16,390 | 12 % | $1,366 |
| School Taxes | Current | $933 | 0.7 % | $78 |
| Insurance | Current | $4,964 | 3.6 % | $414 |
| Electricity | Current | $849 | 0.6 % | $71 |
| Heating | ||||
| Snow Removal | ||||
| Elevator | ||||
| Lawn | ||||
| Structural reserve | ||||
| Janitor | Normalised | $4,800 | 3.5 % | $400 |
| Maintenance | Normalised | $8,400 | 6.2 % | $700 |
| Appliances | ||||
| WiFi | ||||
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $1,364 | 1 % | $114 |
| Internet | Current | $1,172 | 0.9 % | $98 |
| Total expenses | $45,693 | 33.5 % | $3,808 | |
| Net Revenue | $90,728 | $7,561 |
| Maximum loan amount | $1,559,929 | $1,055,409 |
| Financing CAP | 4.94 % | 6.45 % |
| Debt coverage ratio | 1.1 | 1.25 |
| Interest Rate | 4.4 % | 4.85 % |
| Amortization | 40 Years | 25 Years |
| Term | 5 Years | 5 Years |
| Net Revenue | $90,728 | $90,728 |
| Annual Mortgage Cost | $87,103 | $72,582 |
| Net cash after mortgage | $3,625 | $18,146 |
| RETURN ON INVESTMENT | ||
| Down Payment | $789,071 | $1,293,591 |
| Cash on cash return | 0.5 % | 1.4 % |
| Return on liquidity + capitalization | 2.4 % | 3.1 % |
| Total yearly return with appreciation of 2 % | 8.39 % | 6.77 % |
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