This 15-unit brick building consists entirely of 3.5-bedroom units. It is located in the Fleurimont neighborhood, right next to Galeries 4 Saisons. The building is heated by natural gas. Energy costs are the responsibility of the owner, with the exception of electricity. A coin-operated laundry facility is available on-site.
Internet is provided to tenants.
Strong future optimization potential with possible MLI financing.
Located close to all services, shops, and major roadways.
Some images were generated using artificial intelligence.
Some bathrooms, kitchens and flooring were renovated.
The sale is made without legal warranty of quality, at the buyer's own risk.
A new certificate of location has been ordered.
Snow removal and lawn care are done by the owner.
Regular electricity is included for unit #6.
| Cadastral number | 1 329 752 |
| Total Municipal Assessment | 1 280 100 $ |
| Municipal Land Assessment | 241 100 $ |
| Municipal Building Assessment | 1 039 000 $ |
| Number of Storeys | 3 |
| Type of Building | Detach |
| Type of Construction | Brick and wood |
| Year of Construction | 1970 |
| Fire System | Yes |
| Type of Parking | Outdoor paved driveway |
| Number of Parking Spaces | 15 |
| Land Surface Area | 12,097 square feet |
| Laundry Room | Yes, laundry room in the basement |
| Number of Rooms | 45 |
| Number of Units | 15 x 3.5 |
| Washer/Dryer Inlet | Yes, for about half of the units |
| Appliance Responsibility | Tenants/Owner |
| Heating Responsibility | Owner |
| Hot Water Responsibility | Owner |
| Fenced | N/A |
| Internet and Telecom | Internet |
| Plumbing | ABS / PEX / Copper |
| Condition of Roof | To be verified |
| Condition of Doors | Good condition |
| Condition of Balconies | Wood with a steel frame |
| Concierge Agreement | Yes, without contract |
| Intercom and Doorbell | Yes |
| Heating System | Hot water heated by natural gas |
| Hot Water System | Natural gas |
| Condition of Windows | Sliding PVC doors |
| Condition of Kitchens | Renovated and medium condition |
| Electrical Panels | Circuit breakers |
| Exterior Siding | Brick |
| Condition of Bathrooms | Renovated and mediumcondition |
| Environmental Report | Ordered |
| Floor Covering | Ceramic, floating, carpet, vinyl |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $161,472 | 99.4 % | $897 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | |||
| Laundry | $1,000 | 0.6 % | $6 |
| Total revenues | $162,472 | $903 | |
| Vac. / Bad debt | $4,874 | 3 % | $27 |
| EGR | $157,598 | $876 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Normalised | $7,880 | 5 % | $525 |
| Municipal Taxes | Current | $17,447 | 11.1 % | $1,163 |
| School Taxes | Current | $911 | 0.6 % | $61 |
| Insurance | Current | $11,990 | 7.6 % | $799 |
| Electricity | Current | $1,159 | 0.7 % | $77 |
| Heating | Current | $8,597 | 5.5 % | $573 |
| Snow Removal | ||||
| Elevator | ||||
| Lawn | ||||
| Structural reserve | ||||
| Janitor | Normalised | $6,000 | 3.8 % | $400 |
| Maintenance | Normalised | $10,500 | 6.7 % | $700 |
| Appliances | Estimated | $600 | 0.4 % | $40 |
| WiFi | ||||
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $1,576 | 1 % | $105 |
| Internet | Current | $1,241 | 0.8 % | $83 |
| Total expenses | $67,901 | 43.1 % | $4,527 | |
| Net Revenue | $89,697 | $5,980 |
| schl | conv | |
|---|---|---|
| Maximum loan amount | $1,633,888 | $1,028,155 |
| Financing CAP | 4.67 % | 6.54 % |
| Debt coverage ratio | 1.1 | 1.25 |
| Interest Rate | 4.0 % | 5.0 % |
| Amortization | 40 Years | 25 Years |
| Term | 5 Years | 5 Years |
| schl | conv | |
|---|---|---|
| Net Revenue | $89,697 | $89,697 |
| Annual Mortgage Cost | $86,315 | $71,758 |
| Net cash after mortgage | $3,382 | $17,939 |
| RETURN ON INVESTMENT | ||
| Down Payment | $615,112 | $1,220,845 |
| Cash on cash return | 0.5 % | 1.5 % |
| Return on liquidity + capitalization | 3.5 % | 3.2 % |
| Total yearly return with appreciation | of 5.49 % 23.55 % | of 3.92 % 10.44 % |
To see the detailed rent rolls of this building, you need to be connected.