Fanny Rooseboom
| Team Fanny Rooseboom et Cidrik Gagné
Executive VP
|
Real Estate Broker
Detached 18-unit building located 10 minutes from Maisonneuve Park. 11 x 4.5 and 7 x 3.5 units with a garage providing 9 parking spaces. Well-maintained apartments featuring concrete balconies, railings, and aluminum doors and windows. Heating and hot water are paid by the landlord, and electricity is paid by the tenants
Aluminium doors and window
Concrete balconies
9 interior parkings
Electrical panels redone with 60 amps breakers
10 min. from Parc Maisonneuve
The SELLER gives no legal warranty of quality to the buyer, [...] (see broker for complete clause).
| Cadastral number | 2 785 330 |
| Total Municipal Assessment | 2 227 400$ |
| Municipal Land Assessment | 608 000$ |
| Municipal Building Assessment | 1 619 400$ |
| Number of Storeys | 3 |
| Type of Building | Detached |
| Type of Construction | Brick and wood |
| Year of Construction | 1973 |
| Fire System | Yes |
| Type of Parking | Interior garage |
| Number of Parking Spaces | 9 spots |
| Land Surface Area | 698.80m2 |
| Laundry Room | Yes |
| Number of Rooms | 65 |
| Number of Units | 11 x 4.5 et 7 x 3.5 |
| Washer/Dryer Inlet | No |
| Appliance Responsibility | Tenants |
| Heating Responsibility | Owner |
| Hot Water Responsibility | Owner |
| The SELLER provides no legal warranty of quality to the buyer; however, the buyer does not waive the legal warranties provided by prior owners... (see broker for the complete clause). | |
| Fenced | No |
| Plumbing | Copper and steel |
| Condition of Roof | More than 15 years |
| Condition of Doors | Aluminium |
| Condition of Balconies | Cement |
| Concierge Agreement | No |
| Intercom and Doorbell | Intercom |
| Heating System | Gas |
| Hot Water System | Gas |
| Condition of Windows | Aluminium |
| Condition of Kitchens | Good condition |
| Electrical Panels | Breakers 60 A | Replaced |
| Exterior Siding | Brick |
| Condition of Bathrooms | Good condition |
| Environmental Report | Coming soon |
| Floor Covering | plancher flottant |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $253,956 | 97.1 % | $1,176 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | $6,600 | 2.5 % | $31 |
| Laundry | $1,020 | 0.4 % | $5 |
| Total revenues | $261,576 | $1,211 | |
| Vac. / Bad debt | $7,847 | 3 % | $36 |
| EGR | $253,729 | $1,175 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Normalised | $12,686 | 5 % | $705 |
| Municipal Taxes | Current | $20,770 | 8.2 % | $1,154 |
| School Taxes | Current | $2,470 | 1 % | $137 |
| Insurance | Current | $17,233 | 6.8 % | $957 |
| Electricity | Current | $705 | 0.3 % | $39 |
| Heating | Current | $23,597 | 9.3 % | $1,311 |
| Snow Removal | ||||
| Elevator | ||||
| Lawn | ||||
| Structural reserve | ||||
| Janitor | Normalised | $7,200 | 2.8 % | $400 |
| Maintenance | Normalised | $12,600 | 5 % | $700 |
| Appliances | Current | $1,290 | 0.5 % | $72 |
| WiFi | ||||
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $2,537 | 1 % | $141 |
| Total expenses | $101,089 | 39.8 % | $5,616 | |
| Net Revenue | $152,640 | $8,480 |
| schl | conv | |
|---|---|---|
| Maximum loan amount | $2,662,114 | $1,934,526 |
| Financing CAP | 4.87 % | 5.92 % |
| Debt coverage ratio | 1.1 | 1.25 |
| Interest Rate | 4.0 % | 4.0 % |
| Amortization | 40 Years | 25 Years |
| Term | 5 Years | 5 Years |
| schl | conv | |
|---|---|---|
| Net Revenue | $152,640 | $152,640 |
| Annual Mortgage Cost | $146,523 | $122,112 |
| Net cash after mortgage | $6,117 | $30,528 |
| RETURN ON INVESTMENT | ||
| Down Payment | $1,412,886 | $2,140,474 |
| Cash on cash return | 0.4 % | 1.4 % |
| Return on liquidity + capitalization | 2.4 % | 3.6 % |
| Total yearly return with appreciation of 2 % | 8.13 % | 7.39 % |
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