Samuel Lapointe
| Team Samuel & Jessika
Executive VP
|
Real Estate Broker | PMML Partner
Excellent investment opportunity in the heart of Saint-Jérôme.
Residential and commercial duplex featuring a well-established commercial space with a lease in place until 2028, as well as a residential 4½ unit. Centrally located, close to all services and major transportation routes. An ideal asset for investors seeking stable income and long-term security.
Strategically located with quick access to Highway 15, providing easy connectivity to the Greater Metropolitan Area.
Immediate proximity to essential services, including shopping, schools, CEGEP, hospital, public transportation, and commuter train.
Area benefiting from strong rental demand.
The property has benefited from major renovations, including windows, exterior cladding, and roofing.
The sale is made without legal warranty of quality, at the buyer’s own risk.
| Cadastral number | 2 140 083 |
| Total Municipal Assessment | 417 500 $ |
| Municipal Land Assessment | 151 600 $ |
| Municipal Building Assessment | 265 900 $ |
| Number of Storeys | 1 |
| Type of Building | Detached |
| Type of Construction | Brick And wood |
| Year of Construction | 1982 |
| Fire System | Smoke detector |
| Type of Parking | Gravel driveway / Detached garage |
| Number of Parking Spaces | 8 spaces |
| Land Surface Area | 6 626 sq. ft. |
| Laundry Room | N/A |
| Washer/Dryer Inlet | yes |
| Appliance Responsibility | Tenants |
| Heating Responsibility | Tenants |
| Hot Water Responsibility | Tenants |
| This sale is made without legal warranty of quality, at the buyer’s own risk. | |
| Plumbing | ABS / PEX |
| Condition of Roof | Asphalt / Gravel (circa 2014) |
| Condition of Doors | wood |
| Condition of Balconies | Wood |
| Concierge Agreement | To be verified |
| Intercom and Doorbell | Yes, doorbell. |
| Heating System | Electric baseboard heating / Central air conditioning |
| Hot Water System | Independent tanks |
| Condition of Windows | PVC / Single-Hung (2023) |
| Condition of Kitchens | Good condition |
| Electrical Panels | Circuit breakers |
| Exterior Siding | Wood fiber (renovated) |
| Condition of Bathrooms | Good condition |
| Environmental Report | To be verified |
| Floor Covering | Laminate / Ceramic |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $12,000 | 30.3 % | $500 |
| Affordable res. | |||
| Commercial | $27,624 | 69.7 % | $1,151 |
| Lockers | |||
| Parking | |||
| Laundry | |||
| Total revenues | $39,624 | $1,651 | |
| Vac. / Bad debt | $1,189 | 3 % | $50 |
| EGR | $38,435 | $1,601 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Normalised | $1,730 | 4.5 % | $865 |
| Municipal Taxes | Current | $6,248 | 16.3 % | $3,124 |
| School Taxes | Current | $254 | 0.7 % | $127 |
| Insurance | Current | $7,408 | 19.3 % | $3,704 |
| Electricity | ||||
| Heating | ||||
| Snow Removal | Current | $1,940 | 5 % | $970 |
| Elevator | ||||
| Lawn | ||||
| Structural reserve | ||||
| Janitor | Normalised | $500 | 1.3 % | $250 |
| Maintenance | Normalised | $1,400 | 3.6 % | $700 |
| Appliances | ||||
| WiFi | ||||
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $384 | 1 % | $192 |
| Total expenses | $19,864 | 51.7 % | $9,932 | |
| Net Revenue | $18,571 | $9,286 |
| conv | |
|---|---|
| Maximum loan amount | $221,745 |
| Financing CAP | 6.28 % |
| Debt coverage ratio | 1.2 |
| Interest Rate | 5.0 % |
| Amortization | 25 Years |
| Term | 5 Years |
| conv | |
|---|---|
| Net Revenue | $18,571 |
| Annual Mortgage Cost | $15,476 |
| Net cash after mortgage | $3,095 |
| RETURN ON INVESTMENT | |
| Down Payment | $153,255 |
| Cash on cash return | 2.0 % |
| Return on liquidity + capitalization | 5.0 % |
| Total yearly return with appreciation of 2 % | 9.92 % |
To see the detailed rent rolls of this building, you need to be connected.