16 bedrooms
8 bathrooms
Lot dimensions 3,027.89 ft² (281.3 m²)

Owners’ comments

***The conditions of the purchase agreement have been granted, the notary will be confirmed shortly***

 

Take advantage of a very good opportunity to acquire an income-generating property with the possibility of assuming a mortgage with a low interest rate of less than 2.9%!

 

8 units (x 4½) well located, just minutes away from the Honoré-Beaugrand metro, schools, parks and highway. 100% rented, washer-dryer in all apartments, heating converted to electricity and paid by tenants, 2 outdoor parking.

 

Approved evaluation of $791,000 done in 2015.

 

Annual revenue: $63,300

Cost per unit: $95,625

MRB: 12.1

MNR: 15.3

 

Several renovations over the last 4 years: (over $215,000 in renovations)

* Roof / maximum / metal redone to 100% 2011

* Window / patio door / 100 % rear door 2011

* Major masonry work in 2018 (including pile installation)

* Balconies in the back at 100%, ramp repainted 2011 / repairs in 2018

* Renovation of apartments 2012 / 2013

* Wardrobe and bedroom at 100%

* Bathrooms x 8 redone to 100%

* Floor coverings x 8 to 100%

* Kitchens x 6 total redone to 100%

* Plumbing redone to 100%

* Electric heating conversion in 2011

* Electric boxes 2011

* Gas water heater 2014

* Lobby (main entrance door and intercom replaced in 2013)

Complete Description
Complete Description

Property features

Details
Firm
Year of construction
1969
Building dimensions
4,727.51 ft² (439.2 m²)
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Number of parkings
2
Municipal evaluation's date
2019
Lot's municipal evaluation
$122,400
Building's municipal evaluation
$599,600
2 Bedroom
8
Bedrooms (total)
16

External facing:

  • Brick

Roof:

  • Elastomer membrane

Floor coverings:

  • Laminate

Windows:

  • PVC

Heating source:

  • Electric

Upgrades:

  • Windows
  • Doors
  • Bathrooms

Parking / Driveway:

  • Asphalt
  • Outside

Location:

  • Highway access
  • Near park
  • Public transportation

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School
  • College

Near Recreational Service:

  • Gym
  • Sportif center
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bathroom
Storey: Main floor
Dimensions: 10' x 8' (3,05 m x 2,44 m)
Flooring: Ceramic
Bedroom 1 (Primary)
Storey: Main floor
Dimensions: 12' x 12' (3,66 m x 3,66 m)
Flooring: Laminate
Bedroom 2
Storey: Main floor
Dimensions: 12' x 12' (3,66 m x 3,66 m)
Flooring: Laminate
Kitchen
Storey: Main floor
Dimensions: 14' x 16' (4,27 m x 4,88 m)
Flooring: Ceramic
Living room
Storey: Main floor
Dimensions: 14' x 16' (4,27 m x 4,88 m)
Flooring: Laminate
$$$$,$$$
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6 units or more

Mercier / Hochelaga / Maisonneuve Montréal / l'Île

No. 837175

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