Samuel Lapointe
| Team Samuel & Jessika
Executive VP
|
Real Estate Broker | PMML Partner
Jessika Anne Ledingham
| Team Samuel & Jessika
Senior VP
|
Real Estate Broker | PMML Partner
Income Property – 6-Unit Building in Chomedey. Located in the heart of Chomedey, this modern 6-plex offers spacious and bright 4½ units. The building is occupied by stable tenants and benefits from a strategic location close to services, schools, and public transportation, making it a sought-after investment opportunity in Laval.
Proximity : Highway, Cégep, Elementary school, High school, Daycare/CPE, Park, Bike path, Transport in common.
Each apartment includes an exterior storage space and one parking space at the rear of the property.
- Lockers (6 aluminium replaced + doors) : 2020
- Soffites : 2020
- Steps and back walls : 2021
The sale is made without legal warranty of quality, at the buyer’s risk and peril.
| Cadastral number | 1 638 011 |
| Total Municipal Assessment | $ 889 100 |
| Municipal Land Assessment | $ 265 500 |
| Municipal Building Assessment | $ 623 600 |
| Number of Storeys | 2 |
| Type of Building | Brick and wood |
| Type of Construction | Isolated |
| Year of Construction | 1956 |
| Fire System | Smoke detectors |
| Type of Parking | Exterior |
| Number of Parking Spaces | 6 spaces |
| Land Surface Area | 5 650 sq.ft |
| Laundry Room | N/A |
| Washer/Dryer Inlet | Yes, in each unit |
| Appliance Responsibility | Tenants / Owner |
| Heating Responsibility | Tenants |
| Hot Water Responsibility | Tenants |
| Plumbing | Abs / Pex |
| Condition of Roof | Elastomeric membrane (2020) |
| Condition of Doors | 2018 / Portes lockers renovated (2020) |
| Condition of Balconies | Wrought iron |
| Concierge Agreement | N/A |
| Intercom and Doorbell | Yes |
| Heating System | Electrics baseboards |
| Hot Water System | Independent tanks |
| Condition of Windows | Aluminium / PVC / Sliding (2021) |
| Condition of Kitchens | Melamine cabinets / 2025 |
| Electrical Panels | Breakers |
| Exterior Siding | Brick |
| Condition of Bathrooms | Melamine cabinets / 2025 |
| Environmental Report | To be verified |
| Floor Covering | Ceramic / Soft ground covers |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $97,920 | 100 % | $1,360 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | |||
| Laundry | |||
| Total revenues | $97,920 | $1,360 | |
| Vac. / Bad debt | $2,938 | 3 % | $41 |
| EGR | $94,982 | $1,319 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Normalised | $4,274 | 4.5 % | $712 |
| Municipal Taxes | Current | $8,625 | 9.1 % | $1,438 |
| School Taxes | Current | $613 | 0.6 % | $102 |
| Insurance | Current | $4,348 | 4.6 % | $725 |
| Electricity | ||||
| Heating | ||||
| Snow Removal | Current | $1,363 | 1.4 % | $227 |
| Elevator | ||||
| Lawn | ||||
| Structural reserve | ||||
| Janitor | Normalised | $1,500 | 1.6 % | $250 |
| Maintenance | Normalised | $4,200 | 4.4 % | $700 |
| Appliances | ||||
| WiFi | ||||
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $950 | 1 % | $158 |
| Total expenses | $25,873 | 27.2 % | $4,312 | |
| Net Revenue | $69,109 | $11,518 |
| schl | conv | |
|---|---|---|
| Maximum loan amount | $1,277,562 | $961,255 |
| Financing CAP | 4.60 % | 5.39 % |
| Debt coverage ratio | 1.1 | 1.2 |
| Interest Rate | 3.9 % | 3.5 % |
| Amortization | 40 Years | 25 Years |
| Term | 5 Years | 5 Years |
| schl | conv | |
|---|---|---|
| Net Revenue | $69,109 | $69,109 |
| Annual Mortgage Cost | $67,929 | $57,591 |
| Net cash after mortgage | $1,181 | $11,518 |
| RETURN ON INVESTMENT | ||
| Down Payment | $322,438 | $638,745 |
| Cash on cash return | 0.4 % | 1.8 % |
| Return on liquidity + capitalization | 4.9 % | 5.7 % |
| Total yearly return with appreciation of 2 % | 14.87 % | 10.66 % |
To see the detailed rent rolls of this building, you need to be connected.