Fanny Rooseboom
| Team Fanny Rooseboom et Cidrik Gagné
Executive VP
|
Real Estate Broker
6-unit building comprising three 5½-room units + two 4½-room units and one 3½ unit , ideally located just 5 minutes from the LaSalle and Verdun metro stations and Verdun Hospital. Tenants pay for their own energy costs. Roofs replaced in 2017. Several interior renovations carried out over the years. Includes 3 parking spaces. An excellent investment opportunity in a sought-after area. Can be sold with or without the adjoining building at 3727-3737 Éthel.
6-unit building comprising four 5½-room units and two 4½-room units, ideally located 5 minutes from the LaSalle and Verdun metro stations and Verdun Hospital.
Roof completely redone in 2017: $26,000
Roof repair in 2025: $3,500
The SELLER does not provide a legal warranty of quality to the buyer... (see broker for full clause)
| Cadastral number | 1152941 |
| Total Municipal Assessment | 1 417 700$ |
| Municipal Land Assessment | 860 300$ |
| Municipal Building Assessment | 557 400$ |
| Number of Storeys | 3 |
| Type of Building | Attached |
| Type of Construction | Brick and wood |
| Year of Construction | 1908 |
| Fire System | Smoke detectors in units |
| Type of Parking | Exterior |
| Number of Parking Spaces | 3 |
| Land Surface Area | 3 750,14 sf |
| Laundry Room | No |
| Number of Rooms | 28 |
| Number of Units | 3 x 5.5 + 2 x 4.5 + 1 x 3.5 |
| Washer/Dryer Inlet | In each unit |
| Appliance Responsibility | Tenants |
| Heating Responsibility | Tenants |
| Hot Water Responsibility | Tenants |
| Fenced | Yes |
| Internet and Telecom | N/A |
| Plumbing | Copper and abs |
| Condition of Roof | Redone in 2017 |
| Condition of Doors | Good condition |
| Condition of Balconies | Good condition |
| Concierge Agreement | No |
| Intercom and Doorbell | Doorbells |
| Heating System | Electrical baseboards |
| Hot Water System | Independent tanks |
| Condition of Windows | Good condition |
| Condition of Kitchens | Good condition |
| Electrical Panels | Breakers |
| Exterior Siding | Brick |
| Distance from fire station and hydrant | A few meters |
| Condition of Bathrooms | Good condition |
| Environmental Report | No |
| Floor Covering | Wood and ceramic |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $105,336 | 97.7 % | $1,463 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | $2,460 | 2.3 % | $34 |
| Laundry | |||
| Total revenues | $107,796 | $1,497 | |
| Vac. / Bad debt | $3,234 | 3 % | $45 |
| EGR | $104,562 | $1,452 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Real | $5,228 | 5 % | $871 |
| Municipal Taxes | Current | $8,739 | 8.4 % | $1,457 |
| School Taxes | Current | $1,065 | 1 % | $178 |
| Insurance | Current | $3,025 | 2.9 % | $504 |
| Electricity | ||||
| Heating | ||||
| Snow Removal | ||||
| Elevator | ||||
| Lawn | ||||
| Structural reserve | ||||
| Janitor | Normalised | $1,500 | 1.4 % | $250 |
| Maintenance | Normalised | $4,200 | 4 % | $700 |
| Appliances | ||||
| WiFi | ||||
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $1,046 | 1 % | $174 |
| Total expenses | $24,803 | 23.7 % | $4,134 | |
| Net Revenue | $79,759 | $13,293 |
| schl | conv | |
|---|---|---|
| Maximum loan amount | $1,371,348 | $952,339 |
| Financing CAP | 4.94 % | 6.28 % |
| Debt coverage ratio | 1.1 | 1.2 |
| Interest Rate | 4.4 % | 5.0 % |
| Amortization | 40 Years | 25 Years |
| Term | 5 Years | 5 Years |
| schl | conv | |
|---|---|---|
| Net Revenue | $79,759 | $79,759 |
| Annual Mortgage Cost | $76,979 | $66,466 |
| Net cash after mortgage | $2,780 | $13,293 |
| RETURN ON INVESTMENT | ||
| Down Payment | $373,652 | $792,661 |
| Cash on cash return | 0.7 % | 1.7 % |
| Return on liquidity + capitalization | 4.4 % | 4.2 % |
| Total yearly return with appreciation of 2 % | 13.77 % | 8.58 % |
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