22 bedrooms
11 bathrooms
Lot dimensions 450 m² (4 843.76 ft²)

Owners’ comments

Investment property located near many services (bus, metro,  shopping, schools, etc...).

9 x 2bdrm and 1 bath

1 x 3 bdrm and 1 bath

1 x 1 bdrm and 1 bath.

 

Great investment with potential for improved revenue.

Approx revenue: $83100

If interested contact Richard at (248) 639-9487  or Savina at (514) 729-4182 

Complete Description
Complete Description

Property features

Asking Price
$1,300,000
Style
Detached
Details
By appointment
Year of construction
1968
Building dimensions
1 000 m² (10 763.91 ft²)
General condition
Very good
Occupation rate
95
Certificate of Location
Yes
Courtyard orientation
North
Number of parkings
5
Municipal evaluation's date
2015
Lot's municipal evaluation
$162,200
Building's municipal evaluation
$470,100
Taxes year
2016
1 Bedroom
1
2 Bedroom
9
3 Bedroom
1
Bedrooms (total)
22

Roof:

  • Asphalt shingle

Windows:

  • Aluminium
  • French Window

Heating source:

  • Electric

Features:

  • Laundry room

Parking / Driveway:

  • Asphalt

Location:

  • Highway access
  • Public transportation

Lot description:

  • Corner lot

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center

Near Educational Services:

  • Elementary school
  • High School

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment 1
Storey: 1st floor
Dimensions: 25' x 25' (7,62 m x 7,62 m)
Flooring: Hardwood
Apartment 2
Storey: 1st floor
Dimensions: 25' x 25' (7,62 m x 7,62 m)
Flooring: Hardwood
Apartment 3
Storey: 1st floor
Dimensions: 25' x 25' (7,62 m x 7,62 m)
Flooring: Hardwood
Apartment 1
Storey: 2nd floor
Dimensions: 25' x 25' (7,62 m x 7,62 m)
Flooring: Hardwood
Apartment 2
Storey: 2nd floor
Dimensions: 25' x 25' (7,62 m x 7,62 m)
Flooring: Hardwood
Apartment 3
Storey: 2nd floor
Dimensions: 25' x 25' (7,62 m x 7,62 m)
Flooring: Hardwood
Apartment 1
Storey: 3rd floor
Dimensions: 25' x 25' (7,62 m x 7,62 m)
Flooring: Hardwood
Apartment 2
Storey: 3rd floor
Dimensions: 25' x 25' (7,62 m x 7,62 m)
Flooring: Hardwood
Apartment 3
Storey: 3rd floor
Dimensions: 25' x 25' (7,62 m x 7,62 m)
Flooring: Hardwood
Apartment 3
Storey: 3rd floor
Dimensions: 25' x 25' (7,62 m x 7,62 m)
Flooring: Hardwood
Apartment 1
Storey: Lower
Dimensions: 25' x 25' (7,62 m x 7,62 m)
Flooring: Hardwood
Apartment 2
Storey: Lower
Dimensions: 30' x 25' (9,14 m x 7,62 m)
Flooring: Ceramic

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$618.17
$7,418.00
Electricity
$83.33
$1,000.00
Maintenance fees
$416.67
$5,000.00
Insurance
$391.67
$4,700.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$6,833.33
$82,000.00

Property transfer duties

In Quebec, the property transfer duties is a tax that all municipalities must collect from the new owner (buyer) of a property.

$

How to buy this property

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Buy on DuProprio.com
Did you know?

Whether you purchase a property from a homeowner or from a broker, the steps involved and the legal implications are the same. You’ll see that buying without an intermediary has many advantages!

Can I afford to buy this property?

Prior to visiting a property, you should verify whether you have the means to purchase it by meeting with a financial advisor. Don’t forget, you must have enough money to cover both a down payment and the expenses related to the transaction (notary, property transfer duties, etc.).

Is this property right for me?

Consult the listing to determine whether the property features meet your needs. If necessary, communicate with the homeowner to obtain additional information. You may then make an appointment with the homeowner for a visit and prepare a list of questions to ask him.

Do I need to conduct a property inspection?

Verifying the condition of the property prior to purchasing it is a good precaution to take. In order to do so, you can hire a home inspector. He will intervene at a later date. Be prepared to add the inspection conditions to the offer to purchase.

How much should I offer?

Easily familiarize yourself with the market by visiting DuProprio.com and by verifying the price that comparable properties in the area have sold for. You’ll get a better idea of how much you should offer. You can also hire a licensed appraiser.

FBD300AC-7746-4E68-A20C-3F23471BB772
How do I proceed with an offer to purchase?

Have a discussion with the homeowner in order to come to an agreement on the price, the conditions of the sale and the possession date. You can then complete the offer to purchase form.

Thanks to DuProprio, the seller benefits from a legal assistance service and can ask their legal questions in order to properly complete the document.

The sale will be sealed with a notary, but until then, nothing prevents you from consulting a notary to write-up an offer to purchase. Once the deed of sale is drafted, you will be the new homeowner!

Documents - Offer to purchase and counteroffer

$1,300,000

6 units or more for sale

4999-4981 boulevard Henri-Bourassa Est

Montréal-Nord Montréal / l'Île

No. 719757

By appointment
Contact the owner
Contact the owner