Fanny Rooseboom
| Team Fanny Rooseboom et Cidrik Gagné
Executive VP
|
Real Estate Broker
12-unit building (2 x 6 apartments) featuring 8 x 5½ and 4 x 4½ apartments, ideally located just 5 minutes from Lasalle and Verdun metro stations, as well as Verdun Hospital.
Energy costs are paid by tenants. Roofs replaced in 2017. Several interior renovations completed over the years. Includes 6 parking spaces.
Excellent investment opportunity in a sought-after area. CAN BE SOLD SEPARATELY OR TOGETHER.
5 minutes from De l'Église and LaSalle subway stations
5 minutes from the Verdun hospital
The roofs were replaced in 2017: 52 530$
Brick work of the 3715-3715 facade and brick work at the back of 3717 et 3719 Ethel in 2020: $20 870
Roof repairs in 2025: 6700$
The SELLER does not provide legal warranty of quality...(See broker for complete clause)
| Cadastral number | 1152940 - 1152941 |
| Total Municipal Assessment | 2 676 100 $ |
| Municipal Land Assessment | 1 114 800 $ |
| Municipal Building Assessment | 1 561 300 $ |
| Number of Storeys | 3 |
| Type of Building | Attached |
| Type of Construction | Brick and wood |
| Year of Construction | 1908 |
| Fire System | Smoke detectors in units |
| Type of Parking | Exterior |
| Number of Parking Spaces | 6 |
| Laundry Room | No |
| Number of Units | 8 x 5.5 + 4 x 4.5 |
| Washer/Dryer Inlet | In each unit |
| Appliance Responsibility | Tenants and owner, see leases |
| Heating Responsibility | Tenants |
| Hot Water Responsibility | Tenants |
| The SELLER does not provide legal warranty of quality...(See broker for complete clause) | |
| Plumbing | Copper and abs |
| Condition of Roof | Replaced in 2017 |
| Condition of Doors | Good condition |
| Condition of Balconies | Good condition |
| Concierge Agreement | No |
| Intercom and Doorbell | Doorbells |
| Heating System | Electrical baseboards |
| Hot Water System | Electrical hot water tanks |
| Condition of Windows | Good condition |
| Condition of Kitchens | Very good condition |
| Electrical Panels | Breakers |
| Exterior Siding | Brick |
| Condition of Bathrooms | Very good condition |
| Environmental Report | N/A |
| Floor Covering | Wood and ceramic |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $208,596 | 98.7 % | $1,449 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | $2,820 | 1.3 % | $20 |
| Laundry | |||
| Other revenues | |||
| Total revenues | $211,416 | $1,468 | |
| Vac. / Bad debt | $6,342 | 3 % | $44 |
| EGR | $205,074 | $1,424 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Normalised | $8,716 | 4.3 % | $726 |
| Municipal Taxes | Current | $16,496 | 8 % | $1,375 |
| School Taxes | Current | $2,008 | 1 % | $167 |
| Insurance | Current | $6,052 | 3 % | $504 |
| Electricity | ||||
| Heating | ||||
| Snow Removal | ||||
| Elevator | ||||
| Lawn | ||||
| Structural reserve | ||||
| Janitor | Normalised | $2,580 | 1.3 % | $215 |
| Maintenance | Normalised | $7,320 | 3.6 % | $610 |
| Appliances | ||||
| WiFi | ||||
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $2,051 | 1 % | $171 |
| Total expenses | $45,222 | 22.1 % | $3,769 | |
| Net Revenue | $159,851 | $13,321 |
| schl | conv | |
|---|---|---|
| Maximum loan amount | $2,869,551 | $1,832,304 |
| Financing CAP | 4.74 % | 6.54 % |
| Debt coverage ratio | 1.1 | 1.25 |
| Interest Rate | 4.0 % | 5.0 % |
| Amortization | 40 Years | 25 Years |
| Term | 5 Years | 5 Years |
| schl | conv | |
|---|---|---|
| Net Revenue | $159,851 | $159,851 |
| Annual Mortgage Cost | $153,389 | $127,881 |
| Net cash after mortgage | $6,463 | $31,970 |
| RETURN ON INVESTMENT | ||
| Down Payment | $690,449 | $1,727,696 |
| Cash on cash return | 0.9 % | 1.9 % |
| Return on liquidity + capitalization | 5.4 % | 4.1 % |
| Total yearly return with appreciation of 2 % | 15.71 % | 8.17 % |
| Land Municipal Assessment | 557 400 $ |
| Building Municipal Assessment | 701 000 $ |
| Total Municipal Assessment | 1 258 400 $ |
| Land Municipal Assessment | 557 400 $ |
| Building Municipal Assessment | 701 000 $ |
| Total Municipal Assessment | 1 258 400 $ |
3715-3725 Ethel, Verdun 
3727-3737 Ethel, Verdun