A rare opportunity to acquire a portfolio of 30 residential units, comprising 4 impeccable buildings in the Jacques-Cartier area, constructed between 1989 and 2000. The portfolio consists of three 8-unit buildings and one 6-unit building. The properties feature spacious units—ranging from 4½ to 5½—built with durable materials, including steel roofing. Energy costs are covered by the tenants. Built by the current owner and meticulously maintained, this portfolio offers excellent long-term potential.
Spacious and highly sought-after units, ranging from 4½ to 5½ rooms.
Heat pumps in the 6-unit building and air conditioning in the 8-unit building.
Low operating costs, as heating, electricity, and hot water are the tenants' responsibility.
Meticulously maintained since construction!
See according to the sheets.
The sale is made without legal warranty of quality, at the buyer's risk and peril.
Ideal for energy efficiency financing for the 8 dwellings!
| Total Municipal Assessment | $4 112 800 |
| Municipal Land Assessment | $1 301 800 |
| Municipal Building Assessment | $4 112 800 |
| Number of Storeys | 3 |
| Type of Building | Detached |
| Type of Construction | Brick, wood, and concrete |
| Year of Construction | 1989 - 2000 |
| Fire System | Smoke detectors |
| Type of Parking | Outdoor asphalt |
| Number of Parking Spaces | See individual sheets |
| Laundry Room | N/A |
| Number of Units | 6 × 5½ + 24 × 4½ |
| Washer/Dryer Inlet | Yes, in each unit |
| Appliance Responsibility | Tenants |
| Heating Responsibility | Tenants |
| Hot Water Responsibility | Tenants |
| Internet and Telecom | N/A |
| Plumbing | Copper, ABS, PEX |
| Condition of Roof | Steel roofs |
| Condition of Doors | Good condition |
| Condition of Balconies | Good condition |
| Concierge Agreement | N/A |
| Intercom and Doorbell | According to the buildings |
| Heating System | Electric baseboards, heat pumps, air conditioning |
| Hot Water System | Independent tanks |
| Condition of Windows | Good condition |
| Condition of Kitchens | Good condition |
| Electrical Panels | Circuit breakers |
| Exterior Siding | Brick, vinyl, metal siding |
| Condition of Bathrooms | Good condition |
| Environmental Report | No |
| Floor Covering | Parquetry, floating, hardwood, ceramic, and vinyl according to units |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $360,480 | 100 % | $1,001 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | |||
| Laundry | |||
| Total revenues | $360,480 | $1,001 | |
| Vac. / Bad debt | $10,814 | 3 % | $30 |
| EGR | $349,666 | $971 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Normalised | $15,735 | 4.5 % | $524 |
| Municipal Taxes | Actual | $47,936 | 13.7 % | $1,598 |
| School Taxes | Actual | $2,937 | 0.8 % | $98 |
| Insurance | Actual | $9,901 | 2.8 % | $330 |
| Electricity | Actual | $1,469 | 0.4 % | $49 |
| Heating | ||||
| Snow Removal | ||||
| Elevator | ||||
| Lawn | ||||
| Structural reserve | ||||
| Janitor | Normalised | $7,500 | 2.1 % | $250 |
| Maintenance | Normalised | $21,000 | 6 % | $700 |
| Appliances | ||||
| WiFi | ||||
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $3,497 | 1 % | $117 |
| Total expenses | $109,975 | 31.5 % | $3,666 | |
| Net Revenue | $239,691 | $7,990 |
| Maximum loan amount | $2,815,974 | $4,180,323 |
| Financing CAP | 6.38 % | 4.87 % |
| Debt coverage ratio | 1.25 | 1.1 |
| Interest Rate | 4.75 % | 4.3 % |
| Amortization | 25 Years | 40 Years |
| Term | 5 Years | 5 Years |
| Net Revenue | $239,691 | $239,691 |
| Annual Mortgage Cost | $191,753 | $230,098 |
| Net cash after mortgage | $47,938 | $9,593 |
| RETURN ON INVESTMENT | ||
| Down Payment | $3,158,026 | $1,793,677 |
| Cash on cash return | 1.5 % | 0.5 % |
| Return on liquidity + capitalization | 3.4 % | 2.9 % |
| Total yearly return with appreciation of 2 % | 7.22 % | 9.58 % |
| Land Municipal Assessment | 239 300 $ |
| Building Municipal Assessment | 559 900 $ |
| Total Municipal Assessment | 799 200 $ |
| Land Municipal Assessment | 383 900 $ |
| Building Municipal Assessment | 738 600 $ |
| Total Municipal Assessment | 1 122 500 $ |
| Land Municipal Assessment | 397 400 $ |
| Building Municipal Assessment | 709 700 $ |
| Total Municipal Assessment | 1 107 100 $ |
| Land Municipal Assessment | 281 200 $ |
| Building Municipal Assessment | 802 800 $ |
| Total Municipal Assessment | 1 084 000 $ |
977 - 987 Leo-Laliberte, Jacques-Cartier 
840 Mcgregor, Jacques-Cartier 
800 Mcgregor, Jacques-Cartier 
2930 Mézy, Sherbrooke