Fanny Rooseboom
| Team Fanny Rooseboom et Cidrik Gagné
Executive VP
|
Real Estate Broker
ROSEMONT Metro: 6 x 2 bedroom apartments featuring double living rooms, located just minutes from Rosemont Metro station and 600 metres from Laurier Park. Ground-floor tenants enjoy private outdoor spaces at the rear of the building. Energy costs are paid by the tenants. Well-maintained property with quality tenants, two outdoor parking spaces, and a roof that was replaced in 2019.
700 meters from Rosemont subway station
600 meters Laurier Park
6 x 2 bedroom apartments
2 parking spaces
Roof replaced in 2019
Changed rear galleries of 5917 and 5919 in 2018
Front and rear doors for the 5917 and 5919 were changed in 2019
Changed kitchen cabinets for the 5917 and 5919 in 2019
Repaired plumbing and electrical wiring throughout the building.
Changed balconies and exterior ramps of the facade
Kitchen cabinets were changed in 4 units
Front door changed in 4 units
The janitor is a resident who receives a $200 monthly rent reduction.
The SELLER does not provide any legal warranty of quality to the Buyer. Nevertheless, the Buyer does not waive the benefit of any legal warranties granted by previous owners and acquired by the SELLER upon its purchase of the immovable, and such warranties are hereby assigned to the Buyer.
| Cadastral number | 3 794 845 |
| Total Municipal Assessment | $ 1 470 000 |
| Municipal Land Assessment | $ 606 600 |
| Municipal Building Assessment | $ 863 400 |
| Number of Storeys | 3 |
| Type of Building | Attached |
| Type of Construction | Brick |
| Year of Construction | 1914 |
| Fire System | No |
| Type of Parking | Exterior |
| Number of Parking Spaces | 2 spots |
| Land Surface Area | 3 265 sq.ft |
| Laundry Room | No |
| Number of Rooms | 24 |
| Number of Units | 6 x 4.5 |
| Washer/Dryer Inlet | Yes |
| Appliance Responsibility | Tenants |
| Heating Responsibility | Tenants |
| Hot Water Responsibility | Tenants |
| The janitor is a resident who receives a $200 monthly rent reduction. The SELLER provides no legal warranty of quality to the BUYER (see broker for the complete clause)... | |
| Fenced | N/A |
| Internet and Telecom | To be verified |
| Plumbing | ABS |
| Condition of Roof | Renovated in 2019 |
| Condition of Doors | Good condition |
| Condition of Balconies | Good condition |
| Concierge Agreement | Yes |
| Intercom and Doorbell | Doorbell |
| Heating System | Electric baseboards |
| Hot Water System | Independent tanks |
| Condition of Windows | Good condition |
| Condition of Kitchens | Good condition |
| Electrical Panels | Breakers |
| Exterior Siding | Bricks |
| Condition of Bathrooms | Good condition |
| Environmental Report | No |
| Floor Covering | Floating floor |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $105,600 | 98.2 % | $1,467 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | $1,920 | 1.8 % | $27 |
| Laundry | |||
| Total revenues | $107,520 | $1,493 | |
| Vac. / Bad debt | $3,226 | 3 % | $45 |
| EGR | $104,294 | $1,449 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Real | $4,693 | 4.5 % | $782 |
| Municipal Taxes | Current | $7,597 | 7.3 % | $1,266 |
| School Taxes | Current | $816 | 0.8 % | $136 |
| Insurance | Current | $4,836 | 4.6 % | $806 |
| 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 | $1,043 | 1 % | $174 |
| Total expenses | $24,685 | 23.7 % | $4,114 | |
| Net Revenue | $79,609 | $13,268 |
| Maximum loan amount | $1,408,522 |
| Financing CAP | 4.80 % |
| Debt coverage ratio | 1.1 |
| Interest Rate | 4.0 % |
| Amortization | 40 Years |
| Term | 5 Years |
| Net Revenue | $79,609 |
| Annual Mortgage Cost | $76,391 |
| Net cash after mortgage | $3,218 |
| RETURN ON INVESTMENT | |
| Down Payment | $466,478 |
| Cash on cash return | 0.7 % |
| Return on liquidity + capitalization | 3.9 % |
| Total yearly return with appreciation of 2 % | 11.89 % |
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