Complete Listing

9120 Magloire-Lavallée, Mirabel

Cost per Unit (CPU)
183 000 $
Gross Revenue Multiplicator (GRM) 18.1
Net Revenue Multiplicator (NRM) 24.8
Capitalization Rate (CAP)
4.0 %

2017 CONSTRUCTION, 24-unit building located in the popular BOISÉ LAURIER in Mirabel. Condo-style apartment with contemporary design featuring wall mounted air conditioning, air exchanger and superior soundproofing. The building includes 4x5.5 + 16x4.5 + 4x3.5 and 2 parking spaces per unit. The rental demand of the sector is very strong and the potential for an increase in revenue is VERY LARGE

Cartography

Map

Property description

Features

Heating System Electric baseboards
Hot Water System Independent tanks
Electrical Pannels Breakers
Plumbing ABS/PEX
Condition of Kitchens Very good condition (2017)
Condition of Bathrooms Very good condition (2017)
Floor Covering Hard wood and ceramic
Environmental Study To be verified
Condition of Roof Very good condition (2017)
Siding Brick and vinyl
Condition of Balconies Very good condition (2017)
Condition of Doors Very good condition (2017)
Condition of Windows Very good condition (2017)
Type of Parking Exterior and interior
Intercom and Bell Yes
Fire System Yes
Janitor Agreement To be verified

Construction

Year Built 2017
Building Type Detached
Construction Type Brick and wood
Number of Stories 3
Other Informations Excellent construction quality

Building type

Number of Units 4x5.5 + 16x4.5 + 4x3.5
Number of Parkings 48
Responsability of Heating Tenants
Responsability of Hot water Tenants
Responsability of Appliances Tenants
Washer /Dryer Installation Yes
Laundry No
Other Informations Condo style unit; superior soundproofing

Significant capital expenditures since 10 years

  • New Building

Other informations

- Wall mounted air conditioning
- Air exchanger
- Double thickness wall for superior soundproofing
- Very strong rental demand in the sector
- All projects in the sector have been 100% rented before the end of construction
- Near a new and complete commercial area
- Building not subject to rent-fixing rules until 2022

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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