3715-3725 Ethel, Verdun

Property Description

A 6-unit building comprising 4 x 5½-bedroom units and 2 x 4½-bedroom units, ideally located 5 minutes from the Lasalle and Verdun metro stations and Verdun Hospital.

Utility costs are the tenants’ responsibility. Roofs redone in 2017. Several interior renovations have been completed over the years. 3 parking spaces.

Excellent investment opportunity in a sought-after area. Most be sold with 3727-3737 Ethel.

Highlights

5 minutes from De l'Église and LaSalle subway stations

5 minutes from the Verdun hospital

100 meters from Wellington (stores and services)

Capital spendings in recent years

Roof replaced in 2017: $26265

Brick work of the facade and brick work at the back of

3717 & 3719 Ethel in 2020:

$20 870

Roof repairs in 2025: 3350$

Other information

The SELLER does not provide legal warranty of quality...(See broker for complete clause)

Location
Building description

General Information

Cadastral number1152941

Total Municipal Assessment

Total Municipal Assessment1 258 400 $
Municipal Land Assessment557 400$
Municipal Building Assessment701 000 $

Construction

Number of Storeys3
Type of BuildingAttached
Type of ConstructionBrick and wood
Year of Construction1908

Electromechanical System

Fire SystemSmoke detectors in each apartment

Parking

Type of ParkingExterior
Number of Parking Spaces3

Area

Land Surface Area3750

Building type

Laundry RoomNo
Number of Rooms4 x 5.5 + 2 x 4.5
Number of Units6
Washer/Dryer InletIn each unit
Appliance ResponsibilityTenants and owner, see leases
Heating ResponsibilityTenants
Hot Water ResponsibilityTenants
The SELLER does not provide legal warranty of quality...(See broker for complete clause)

Features

FencedYes
Internet and TelecomNo
PlumbingCopper and pex
Condition of RoofReplaced in 2017
Condition of DoorsVery good condition
Condition of BalconiesVery good condition
Concierge AgreementNo
Intercom and DoorbellDoorbells
Heating SystemElectrical baseboards
Hot Water SystemElectrical hot water tanks
Condition of WindowsVery good condition
Condition of KitchensVery good condition
Electrical PanelsBreakers
Exterior SidingBrick
Condition of BathroomsVery good condition
Environmental ReportN/A
Floor CoveringWood, laminate, vinyl and ceramic
Income & Expenses

Revenue

yearly
Residential $104,172
Affordable res.
Commercial
Lockers
Parking $2,460
Laundry
Other revenues
Total revenues $106,632
Vac. / Bad debt $3,199
EGR $103,433

Expenses

Calc. yearly
Administration Normalised $4,654
Municipal Taxes Current $8,739
School Taxes Current $1,065
Insurance Current $3,026
Electricity
Heating
Snow Removal
Elevator
Lawn
Structural reserve
Janitor Normalised $1,500
Maintenance Normalised $4,200
Appliances
WiFi
Heat pump
CHMC: Other Costs Normalised $1,034
Total expenses $24,219
Net Revenue $79,214
Rent roll

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Fanny Rooseboom
Fanny Rooseboom
Team Fanny Rooseboom et Cidrik Gagné
Executive VP
|
Real Estate Broker
514-608-1133 fanny.rooseboom@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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