Detached multi-residential building built in 2005, featuring six spacious 2-bedroom apartments (4½) across three storeys. This all-brick building is located on a quiet street. Each unit offers washer and dryer hookups, a natural gas fireplace, and several other desirable amenities that enhance tenant appeal.
Contact us now for more information on the property.
Each units above ground
6 x 4 ½
Spacious units
Air exchanger
Gas fireplace
Washer and dryer connections in every unit
Roof
Property built in 2005
Four-sided brick building
The sale is made without any legal warranty of quality, at the buyer's own risk.
| Cadastral number | 3 616 879 |
| Total Municipal Assessment | 1 229 800 $ (2023) |
| Municipal Land Assessment | 335 400 $ (2023) |
| Municipal Building Assessment | 894 400 $ (2023) |
| Number of Storeys | 3 |
| Type of Building | Detached |
| Type of Construction | Brick and wood |
| Year of Construction | 2005 |
| Fire System | Smoke detector |
| Type of Parking | Exterior |
| Number of Parking Spaces | To be verified |
| Land Surface Area | To be verified |
| Laundry Room | No |
| Number of Rooms | To be verified |
| Number of Units | 6 x 4.5 |
| Washer/Dryer Inlet | Yes in each units |
| Appliance Responsibility | Tenants |
| Heating Responsibility | Tenants |
| Hot Water Responsibility | Tenants |
| This sale is made without legal warranty of quality, at the buyer’s risk. | |
| Fenced | Partly fenced |
| Internet and Telecom | Yes |
| Plumbing | Excellent |
| Condition of Roof | Excellent |
| Condition of Doors | Good |
| Condition of Balconies | Excellent |
| Concierge Agreement | To be verified |
| Intercom and Doorbell | Yes |
| Heating System | Electric baseboard and gas fireplace |
| Hot Water System | Independant water heater |
| Condition of Windows | Good |
| Condition of Kitchens | Good |
| Electrical Panels | Breakers |
| Exterior Siding | Brick |
| Condition of Bathrooms | Good |
| Environmental Report | No |
| Floor Covering | Floating floor and ceramic |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $82,560 | 100 % | $1,147 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | |||
| Laundry | |||
| Total revenues | $82,560 | $1,147 | |
| Vac. / Bad debt | $2,477 | 3 % | $34 |
| EGR | $80,083 | $1,112 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Normalised | $3,604 | 4.5 % | $601 |
| Municipal Taxes | Current | $12,529 | 15.6 % | $2,088 |
| School Taxes | Current | $890 | 1.1 % | $148 |
| Insurance | Current | $2,383 | 3 % | $397 |
| Electricity | Current | $472 | 0.6 % | $79 |
| Heating | ||||
| Snow Removal | Current | $1,812 | 2.3 % | $302 |
| Elevator | ||||
| Lawn | Current | $1,081 | 1.3 % | $180 |
| Structural reserve | ||||
| Janitor | Normalised | $1,500 | 1.9 % | $250 |
| Maintenance | Normalised | $4,200 | 5.2 % | $700 |
| Appliances | ||||
| WiFi | ||||
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $801 | 1 % | $133 |
| Total expenses | $29,272 | 36.6 % | $4,879 | |
| Net Revenue | $50,812 | $8,469 |
| Maximum loan amount | $783,173 |
| Financing CAP | 5.51 % |
| Debt coverage ratio | 1.3 |
| Interest Rate | 4.0 % |
| Amortization | 40 Years |
| Term | 5 Years |
| Net Revenue | $50,812 |
| Annual Mortgage Cost | $41,515 |
| Net cash after mortgage | $9,297 |
| RETURN ON INVESTMENT | |
| Down Payment | $766,827 |
| Cash on cash return | 1.2 % |
| Return on liquidity + capitalization | 2.3 % |
| Total yearly return with appreciation of 2 % | 6.39 % |
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