Semi-commercial triplex consisting of 1 x 5½ and 1 x 4½ and an 800 sq. ft. commercial space located in the heart of Joliette. Energy costs are paid by the tenants, maximizing profitability for the owner! The building is part of a portfolio of 27 units including 21 residential units and 6 commercial spaces spread over 5 buildings.
Three-unit semi-commercial building consisting of one 5½ unit, one 4½ unit, and an 800 sq. ft. commercial space with a gross lease. Located in a sought-after area of Joliette, close to essential services, shops and schools. Within walking distance of Emile-Prevost and Louis-Querbes Park. Served by the D and X Xpress bus routes.
2023: The plumbing was completely redone, including the water inlet, all the way to the street. 2022: Renovation of 1 x unit (kitchen and bathroom). 2018: Insurance repairs following a fire (534A-534B). 2016: Balconies replaced by previous owner. | The tank was removed and cleaned by the previous owner.
Building listed as a heritage property by the Municipality of Joliette. Visits upon acceptance of a promise to purchase. Sale without legal warranty of quality at the buyer's risk. Units 534A and 534B are part of the APH Select Affordability Program. Buildings sold jointly: 2900833, 2900834, 2900836, 2900745, 2900746. Possible Mortgage assumption by the buyer of the seller's mortgage obligations.
| Cadastral number | 2 900 834 |
| Total Municipal Assessment | 237 500$ |
| Municipal Land Assessment | 60 300$ |
| Municipal Building Assessment | 177 200$ |
| Number of Storeys | 3 |
| Type of Building | Attached |
| Type of Construction | Brick and wood |
| Year of Construction | 1930 |
| Concrete foundation | |
| Fire System | Smoke detectors |
| Type of Parking | Exterior |
| Land Surface Area | 2 148 |
| Laundry Room | N/A |
| Washer/Dryer Inlet | In each residential unit |
| Appliance Responsibility | Tenant |
| Heating Responsibility | Tenant |
| Hot Water Responsibility | Tenant |
| Plumbing | Copper | PVC | Cast iron |
| Condition of Roof | Elastomeric Membrane | 2013 |
| Condition of Doors | Average - Steel |
| Condition of Balconies | Redone on 2016 |
| Concierge Agreement | No |
| Heating System | Électric | Wall mounted heat pump (+/- 2018) |
| Hot Water System | Independent water tanks (+/- 2021) |
| Condition of Windows | Average - PVC |
| Condition of Kitchens | 1x renovated in 2022 | 1 x renovated in 2018 |
| Electrical Panels | Circuit breakers | 3 panels |
| Exterior Siding | Brick and steel |
| Condition of Bathrooms | 1x renovated in 2022 | 1 x renovated in 2018 |
| Environmental Report | Phase 1 - 2023-2024 |
| Floor Covering | Hardwood, floating, ceramic |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $24,132 | 60.6 % | $670 |
| Affordable res. | |||
| Commercial | $15,720 | 39.4 % | $437 |
| Lockers | |||
| Parking | |||
| Laundry | |||
| Total revenues | $39,852 | $1,107 | |
| Vac. / Bad debt | $1,196 | 3 % | $33 |
| EGR | $38,656 | $1,074 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Normalised | $1,740 | 4.5 % | $580 |
| Municipal Taxes | Current | $3,439 | 8.9 % | $1,146 |
| School Taxes | Current | $234 | 0.6 % | $78 |
| Insurance | Current | $5,339 | 13.8 % | $1,780 |
| Electricity | ||||
| Heating | ||||
| Snow Removal | ||||
| Elevator | ||||
| Lawn | ||||
| Structural reserve | ||||
| Janitor | Normalised | $750 | 1.9 % | $250 |
| Maintenance | Normalised | $2,100 | 5.4 % | $700 |
| Appliances | Current | $481 | 1.2 % | $160 |
| WiFi | ||||
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $387 | 1 % | $129 |
| Total expenses | $14,469 | 37.4 % | $4,823 | |
| Net Revenue | $24,188 | $8,063 |
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