Complete Listing

562 - 568 Notre-Dame E., Victoriaville

Cost per Unit (CPU)
40 000 $
Gross Revenue Multiplicator (GRM) 7.3
Net Revenue Multiplicator (NRM) 17.0
Capitalization Rate (CAP)
5.9 %

23-unit building strategically positioned in front of Victoriaville college and the professional Training Center. The units are rented semi-furnished and heating and electricity are at the expense of the owner. Well established on-site concierge. The building is always rented and has a very good clientele. Very good profitability, a chance to seize!

Cartography

Property description

Features

Heating System Electric baseboards
Hot Water System Central tank in 2015
Electrical Pannels Breakers installed in 2015
Plumbing Copper, ABS, PEX
Condition of Kitchens Good condition
Condition of Bathrooms Good condition
Floor Covering Vinyl, laminated, ceramic
Environmental Study Yes, phase 1 and 2
Condition of Roof Good condition
Siding Brick
Condition of Balconies Average, Wood and metal
Condition of Doors No patios doors
Condition of Windows Average
Type of Parking Exterior
Intercom and Bell Yes
Fire System Yes
Janitor Agreement Yes, on site

Construction

Year Built 1970
Building Type Detached
Construction Type Brick and wood
Number of Stories 2
Other Informations

Building type

Number of Units 2 x 4.5 + 14 x 3.5 + 7 x Studios
Number of Parkings 14 spots
Responsability of Heating Owner
Responsability of Hot water Owner
Responsability of Appliances Owner, stove and fridge
Washer /Dryer Installation Yes for 2 units
Laundry Yes
Other Informations

Significant capital expenditures since 10 years

  • - Oil Water Heater Replaced by 4 Electric Tanks (2015)
  • - Roof insulation (2015)
  • - Housing Paintings

Other informations

- Sliding windows in pvc and steel

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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