Hendrik Lapointe
| Team Hendrik Lapointe
Executive VP
|
Real Estate Broker, CPA | PMML Partner
32 units. The building was constructed in 1998. The diversity of dwellings (3½, 4½, 5½) attracts a varied tenant clientele. Composed of 12x 5.5 + 8x 4.5 + 12x 3.5, with all energy costs borne by the tenants. Superb opportunity with undeniable potential.
Very well-maintained building, several renovations over time.
Strategic location: Situated near Montreal and major roadways, including A-30, routes 132 and 138, as well as Saint-Jean-Baptiste, Saint-Francis, and Industriel boulevards.
Excellent opportunity for future optimization and value creation
French drain and foundation waterproofing,
Landscaping to correct slopes, window wells,
Water heaters were changed in 2025
Proximity to all services (Grocery stores, restaurants, shopping centers, parks, school)
The sale is made without legal warranty of quality, at the buyer's risk.
| Cadastral number | 4 277 986 |
| Total Municipal Assessment | 3 924 100 $ |
| Municipal Land Assessment | 773 600 $ |
| Municipal Building Assessment | 3 150 500 $ |
| Number of Storeys | 3 |
| Type of Building | Detached |
| Type of Construction | Brick and wood |
| Year of Construction | 1998 |
| Fire System | Certified alarm system; last annual inspection: January 2026 |
| Type of Parking | Outdoor |
| Number of Parking Spaces | 40 |
| Land Surface Area | 30 408 sd. ft. |
| Laundry Room | N/A |
| Number of Units | 12 x 5.5 + 8 x 4.5 + 12 x 3.5 |
| Washer/Dryer Inlet | In each dwelling |
| Appliance Responsibility | Tenant |
| Heating Responsibility | Tenant |
| Hot Water Responsibility | Tenant |
| Outdoor storage space Recycling container Waste and organic matter container | |
| Fenced | N/A |
| Internet and Telecom | To be verified |
| Plumbing | Pex, abs, cups |
| Condition of Roof | 2013 |
| Condition of Doors | Patio doors almost completely renovated |
| Condition of Balconies | Cement balconies in the semi-basements |
| Concierge Agreement | To be verified |
| Intercom and Doorbell | Doorbell and intercom |
| Heating System | Electric baseboards |
| Hot Water System | Independent tanks |
| Condition of Windows | Windows almost completely renovated |
| Condition of Kitchens | Renovation of some kitchens |
| Electrical Panels | Circuit breakers (100 amps) |
| Exterior Siding | Brick |
| Distance from fire station and hydrant | To be verified |
| Condition of Bathrooms | Good condition |
| Environmental Report | Update to be done |
| Floor Covering | Floating, wood, and ceramic |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $404,160 | 100 % | $1,053 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | |||
| Laundry | |||
| Total revenues | $404,160 | $1,053 | |
| Vac. / Bad debt | $12,125 | 3 % | $32 |
| EGR | $392,035 | $1,021 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Normalised | $19,602 | 5 % | $613 |
| Municipal Taxes | Actual | $65,218 | 16.6 % | $2,038 |
| School Taxes | Actual | $2,866 | 0.7 % | $90 |
| Insurance | Actual | $11,278 | 2.9 % | $352 |
| Electricity | Actual | $2,233 | 0.6 % | $70 |
| Heating | ||||
| Snow Removal | ||||
| Elevator | ||||
| Lawn | ||||
| Structural reserve | ||||
| Janitor | Normalised | $12,800 | 3.3 % | $400 |
| Maintenance | Normalised | $22,400 | 5.7 % | $700 |
| Appliances | ||||
| WiFi | ||||
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $3,920 | 1 % | $123 |
| Total expenses | $140,317 | 35.8 % | $4,385 | |
| Net Revenue | $251,718 | $7,866 |
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