A very rare opportunity to acquire a magnificent real estate portfolio of 48 units (16 five-and-a-half and 32 four-and-a-half apartments), spread across 8 buildings of 6 units each in Mont-Saint-Hilaire. This portfolio is located in a beautiful, recent, homogeneous, and sought-after neighborhood, within walking distance of the Mont-Saint-Hilaire train station and Parc de la Gare.
48 units across 8 buildings
Diversified rental mix: 16 x 5½ et 32 x 4½
Just steps away from the Mont-Saint-Hilaire train station
Located in a recent, highly sought-after neighborhood
Sale made without any legal warranty of quality, at the buyer’s own risk.
All 48 units are individually divided condominium units (divided co-ownership).
Each building has its own condominium syndicate (owners’ association)
| Number of Storeys | 2 |
| Type of Construction | Brick and wood |
| Year of Construction | 2007/2008 |
| Divided co-ownership | |
| Fire System | Smoke detectors |
| Type of Parking | Exterior |
| Number of Parking Spaces | To be verified |
| Laundry Room | No |
| Number of Units | 16 x 5½ + 32 x 4½ |
| Washer/Dryer Inlet | Yes |
| Appliance Responsibility | Tenants |
| Heating Responsibility | Tenants |
| Hot Water Responsibility | Tenants |
| All 48 units are individually divided condominium units (divided co-ownership). Each building has its own condominium association (syndicate of co-owners). The latest annual snow removal bill is $10,528 The latest annual lawn care bill is $7,504 | |
| Internet and Telecom | To be verified |
| Plumbing | Copper, PEX, ABS |
| Condition of Roof | Shingles |
| Condition of Doors | Generally in good condition |
| Condition of Balconies | Fiberglass |
| Concierge Agreement | No |
| Intercom and Doorbell | Doorbells |
| Heating System | Electric |
| Hot Water System | Independent tanks |
| Condition of Windows | Vinyl |
| Condition of Kitchens | Generally in good condition |
| Electrical Panels | Circuit breakers |
| Exterior Siding | Brick and other materials |
| Condition of Bathrooms | Generally in good condition |
| Environmental Report | 2025 |
| Floor Covering | Laminate, vinyl, and ceramic flooring |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $917,532 | 100 % | $1,593 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | |||
| Laundry | |||
| Total revenues | $917,532 | $1,593 | |
| Vac. / Bad debt | $27,526 | 3 % | $48 |
| EGR | $890,006 | $1,545 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Normalised | $40,050 | 4.5 % | $834 |
| Municipal Taxes | Current | $117,148 | 13.2 % | $2,441 |
| School Taxes | Current | $9,674 | 1.1 % | $202 |
| Insurance | Current | $22,663 | 2.5 % | $472 |
| Electricity | ||||
| Heating | ||||
| Snow Removal | ||||
| Elevator | ||||
| Lawn | ||||
| Structural reserve | ||||
| Janitor | Normalised | $12,000 | 1.3 % | $250 |
| Maintenance | Normalised | $33,600 | 3.8 % | $700 |
| Appliances | ||||
| WiFi | ||||
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $8,900 | 1 % | $185 |
| Air Conditioning | Current | $6,840 | 0.8 % | $143 |
| Total expenses | $250,875 | 28.2 % | $5,227 | |
| Net Revenue | $639,131 | $13,315 |
| Maximum loan amount | $11,815,019 |
| Financing CAP | 4.60 % |
| Debt coverage ratio | 1.1 |
| Interest Rate | 3.9 % |
| Amortization | 40 Years |
| Term | 5 Years |
| Net Revenue | $639,131 |
| Annual Mortgage Cost | $616,825 |
| Net cash after mortgage | $22,306 |
| RETURN ON INVESTMENT | |
| Down Payment | $5,184,981 |
| Cash on cash return | 0.4 % |
| Return on liquidity + capitalization | 3.0 % |
| Total yearly return with appreciation of 3 % | 12.85 % |
| Land Municipal Assessment | À vérifier |
| Building Municipal Assessment | 1 939 600 $ |
| Total Municipal Assessment | 1 939 600 $ |
| Land Municipal Assessment | À vérifier |
| Building Municipal Assessment | 1 936 800 $ |
| Total Municipal Assessment | 1 936 800 $ |
| Land Municipal Assessment | À vérifier |
| Building Municipal Assessment | 1 941 100 $ |
| Total Municipal Assessment | 1 941 100 $ |
| Land Municipal Assessment | À vérifier |
| Building Municipal Assessment | 1 947 800 $ |
| Total Municipal Assessment | 1 947 800 $ |
| Land Municipal Assessment | À vérifier |
| Building Municipal Assessment | 1 925 500 $ |
| Total Municipal Assessment | 1 925 500 $ |
| Land Municipal Assessment | À vérifier |
| Building Municipal Assessment | 1 890 600 $ |
| Total Municipal Assessment | 1 890 600 $ |
| Land Municipal Assessment | À vérifier |
| Building Municipal Assessment | 1 882 500 $ |
| Total Municipal Assessment | 1 882 500 $ |
| Land Municipal Assessment | À vérifier |
| Building Municipal Assessment | 1 892 600 $ |
| Total Municipal Assessment | 1 892 600 $ |
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