Complete Listing

8240 Baillargé, Mercier (Montréal)

Cost per Unit (CPU)
108 000 $
Gross Revenue Multiplicator (GRM) 14.7
Net Revenue Multiplicator (NRM) 23.1
Capitalization Rate (CAP)
4.3 %

Property well located near public transportation, schools, parks. Several exterior renovations of the property, balconies and windows. Common WIFI installation. The property still offers potential for optimization for a buyer who wants to create value. Units of good size, bright and spacious. Parking spaces offered in the back yard.

Cartography

Map

Property description

Features

Heating System Electric baseboards
Hot Water System Independent tanks
Electrical Pannels Breakers
Plumbing Copper and steel
Condition of Kitchens To be verified
Condition of Bathrooms Good condition
Floor Covering Hard wood and ceramic
Environmental Study No
Condition of Roof Very good condition - 2008
Siding Bricks
Condition of Balconies Fiber glass
Condition of Doors Good condition (2018)
Condition of Windows Good condition (2018)
Type of Parking Exterior
Intercom and Bell Doorbell
Fire System Yes
Janitor Agreement Owner is the janitor

Construction

Year Built 1965
Building Type Attached
Construction Type Bricks and wood
Number of Stories 3
Other Informations

Building type

Number of Units 5x4.5 + 1x3.5
Number of Parkings 6
Responsability of Heating Tenants
Responsability of Hot water Tenants
Responsability of Appliances Tenants (except the 3.5)
Washer /Dryer Installation Yes
Laundry No
Other Informations

Significant capital expenditures since 10 years

  • The underpinning was done in 2012
  • The windows were changed in 2018
  • The rear railings were changed in 2018
  • 4 hot water tanks replaced in 2018
  • Fire system changed in 2018

Other informations

Wifi installed

The buyer must refinance  the mortgage at the vendor's institution
Desjardins | Balance: 457 834$ | Rate : 3% | Term: September 2022 | Monthly Instal. (C+I) :  2065$

The remarks, descriptions, features and financial projections contained in the present document are only for information purposes and should not be considered as being official. The information herein comes from what we consider reliable sources but for which we cannot guarantee the accuracy. It is the buyer’s responsability to verify all the information and to declares himself satisfied or dissatisfied while in the due dilligence process following an accepted promise to purchase.

Financial information

Rent roll

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