Samuel Lapointe
| Team Samuel & Jessika
Executive VP
|
Real Estate Broker | PMML Partner
Construction 2021 - Very recent building with 16 apartments 4 x 5.5 + 8 x 4.5 + 4 x 3.5. The units have been 100% occupied since delivery. Quick access to Highway 15 and very close to everyday services. Ste-Agathe-des-Monts is a major town in the Laurentians, with a dynamic economy.
Construction 2021
Contemporary design and well-equipped home
Quick access to Highway 15 and proximity to services
Average rent under $1.39/sq.ft.
Construction 2021
Superior soundproofing
Exterior storage unit on balcony
The sale is made with legal warranty of quality and title.
| Cadastral number | 6 340 414, 6 240 457-P |
| Total Municipal Assessment | 1 954 000 $ |
| Municipal Land Assessment | 68 400 $ |
| Municipal Building Assessment | 1 885 600 $ |
| Number of Storeys | 3 |
| Type of Building | Detached |
| Type of Construction | Brick and wood |
| Year of Construction | 2021 |
| Horizontal co-ownership | |
| Fire System | Conform |
| Type of Parking | Asphalt exterior |
| Number of Parking Spaces | 28; 2 spots with charging stations |
| Land Surface Area | 30 929 sq.ft |
| Laundry Room | N/A |
| Washer/Dryer Inlet | In all units; 12 of 16 units with laundry room |
| Appliance Responsibility | Tenants |
| Heating Responsibility | Tenants |
| Hot Water Responsibility | Tenants |
| Plumbing | Pex and ABS |
| Condition of Roof | New; shingles |
| Condition of Doors | New |
| Condition of Balconies | Aluminum and aluminum railings |
| Concierge Agreement | Yes |
| Intercom and Doorbell | Intercom |
| Heating System | Electric baseboards; Wall-mounted air conditioning |
| Hot Water System | Independent electric tanks |
| Condition of Windows | New |
| Condition of Kitchens | Central island; quartz countertop; melamine cabinets |
| Electrical Panels | 100 amp panels; copper wiring |
| Exterior Siding | Brick, stone block, steel |
| Condition of Bathrooms | Separate bath and shower; vanity with quartz countertop |
| Environmental Report | Yes |
| Floor Covering | Ceramic tiles and floating floors |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $282,840 | 100 % | $1,473 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | |||
| Laundry | |||
| Total revenues | $282,840 | $1,473 | |
| Vac. / Bad debt | $8,485 | 3 % | $44 |
| EGR | $274,355 | $1,429 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Normalised | $13,718 | 5 % | $857 |
| Municipal Taxes | Current | $45,630 | 16.6 % | $2,852 |
| School Taxes | Current | $1,765 | 0.6 % | $110 |
| Insurance | Current | $7,012 | 2.6 % | $438 |
| Electricity | Current | $1,788 | 0.7 % | $112 |
| Heating | ||||
| Snow Removal | Current | $1,407 | 0.5 % | $88 |
| Elevator | ||||
| Lawn | ||||
| Structural reserve | ||||
| Janitor | Normalised | $6,400 | 2.3 % | $400 |
| Maintenance | Normalised | $11,200 | 4.1 % | $700 |
| Appliances | ||||
| WiFi | ||||
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $2,744 | 1 % | $171 |
| Internet | Current | $1,645 | 0.6 % | $103 |
| Système d'alarme | Current | $2,520 | 0.9 % | $158 |
| Total expenses | $95,828 | 34.9 % | $5,989 | |
| Net Revenue | $178,527 | $11,158 |
| Maximum loan amount | $3,113,587 |
| Financing CAP | 4.87 % |
| Debt coverage ratio | 1.1 |
| Interest Rate | 4.3 % |
| Amortization | 40 Years |
| Term | 5 Years |
| Net Revenue | $178,527 |
| Annual Mortgage Cost | $162,297 |
| Net cash after mortgage | $16,230 |
| RETURN ON INVESTMENT | |
| Down Payment | $1,381,413 |
| Cash on cash return | 1.2 % |
| Return on liquidity + capitalization | 3.4 % |
| Total yearly return with appreciation of 2 % | 9.87 % |
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