Samuel Lapointe
| Team Samuel & Jessika
Executive VP
|
Real Estate Broker | PMML Partner
Semi-detached building with 6 units located in a sought-after area of Terrebonne. Built in 1980 and very well maintained over time, it offers large, spacious units. Erected on a vast lot of approximately 12,774 sq. ft., this building offers excellent optimization potential.
Near Highway 25
Near Galeries de Terrebonne
Near Rivière des Miles-Iles
Well-served area, facilitating travel
One unit refreshed
Roof redone in 2022
Spacious units of approximately 1,000 sq. ft
Very well-maintained building
The sale is made without legal warranty of quality, at the buyer's risk and peril.
| Cadastral number | 2439721 |
| Total Municipal Assessment | 911 200 $ |
| Municipal Land Assessment | 423 500 $ |
| Municipal Building Assessment | 487 700 $ |
| Number of Storeys | 3 |
| Type of Building | Semi-detached |
| Type of Construction | Brick and wood |
| Year of Construction | 1980 |
| Fire System | Smoke detectors |
| Type of Parking | Outdoor |
| Number of Parking Spaces | 6 |
| Land Surface Area | 12,774 sq. ft. |
| Laundry Room | N/A |
| Number of Rooms | 22 |
| Number of Units | 6 x 4.5 |
| Washer/Dryer Inlet | Yes, in each unit |
| Appliance Responsibility | Tenant |
| Heating Responsibility | Tenant |
| Hot Water Responsibility | Tenant |
| Sold without legal warranty of quality | |
| Fenced | No |
| Internet and Telecom | Yes |
| Plumbing | Copper / ABS / Cast iron / Pex |
| Condition of Roof | 2022 |
| Condition of Doors | Glass doors |
| Condition of Balconies | Concrete, wood and metal railings |
| Concierge Agreement | No |
| Intercom and Doorbell | Yes |
| Heating System | Electric baseboards |
| Hot Water System | Independent tanks |
| Condition of Windows | Sliding PVC windows |
| Condition of Kitchens | Good condition |
| Electrical Panels | Circuit breakers |
| Exterior Siding | Brick, masonry stone |
| Distance from fire station and hydrant | N/A |
| Condition of Bathrooms | Good condition |
| Environmental Report | N/A |
| Floor Covering | Parquetry / Ceramic |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $69,492 | 100 % | $965 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | |||
| Laundry | |||
| Potentiel | |||
| Total revenues | $69,492 | $965 | |
| Vac. / Bad debt | $2,085 | 3 % | $29 |
| EGR | $67,407 | $936 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Normalised | $3,033 | 4.5 % | $506 |
| Municipal Taxes | Current | $10,682 | 15.8 % | $1,780 |
| School Taxes | Current | $654 | 1 % | $109 |
| Insurance | Current | $4,866 | 7.2 % | $811 |
| Electricity | Current | $2,566 | 3.8 % | $428 |
| Heating | ||||
| Snow Removal | Current | $800 | 1.2 % | $133 |
| Elevator | ||||
| Lawn | ||||
| Structural reserve | ||||
| Janitor | Normalised | $1,500 | 2.2 % | $250 |
| Maintenance | Normalised | $4,200 | 6.2 % | $700 |
| Appliances | ||||
| WiFi | ||||
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $674 | 1 % | $112 |
| Total expenses | $28,975 | 43.0 % | $4,829 | |
| Net Revenue | $38,432 | $6,405 |
| Maximum loan amount | $675,094 |
| Financing CAP | 4.84 % |
| Debt coverage ratio | 1.1 |
| Interest Rate | 4.25 % |
| Amortization | 40 Years |
| Term | 5 Years |
| Net Revenue | $38,432 |
| Annual Mortgage Cost | $37,116 |
| Net cash after mortgage | $1,316 |
| RETURN ON INVESTMENT | |
| Down Payment | $524,906 |
| Cash on cash return | 0.3 % |
| Return on liquidity + capitalization | 1.6 % |
| Total yearly return with appreciation of 5 % | 13.02 % |
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