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Mackle, Côte-Saint-Luc
117 residential units, 0 commercial units
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Overview
Revenue
Financing
Documents
Photos
View on map
Contact Us
Back to List
Overview
Revenue
Financing
Documents
Photos
View on map
Mackle, Côte-Saint-Luc
117 residential units, 0 commercial units
Description
Residential
0
8
41
60
8
0
117
0
Financial Overview
Revenue
1,686,601$
Cost per Unit
0$
Cap. Rate
0.00 %
GRM
0.00
NRM
0.00
Return on Cash Flow
Return on Investment
Municipal Evaluation
Previous Assessment
2017-2019
14,570,000$
Land
2020-2022
2,449,600$
Building
2020-2022
15,034,400$
Total
2020-2022
17,484,000$
Highlights
- Prestigious concrete building of 8 floors with 117 units
- Rigorous tenant screening process by management
- Located in the heart of Côte-Saint-Luc
- Same owner for over 35 years
- Across from Cavendish Mall, near all services and transports
- Great potential to increase the rents
- Included in lease: heating, electricity, A/C, hot water, garage
- There are currently 24 vacant units ready to be renovated
- Most fridges and stoves supplied by owner
- Amazing investment opportunity, prestigious property
- Outdoor pool, gym and reception room for tenants
*** This sale is made without legal warranty of quality ***
Residential
Studio
1 ½
0
Alcove
2 ½
8
1 bdrm
3 ½
41
2 bdrm
4 ½
60
3 bdrm
5 ½
8
4 bdrm +
6 ½ +
0
Commercial
Commercial
0
Parking
Parking
12
Garage
126
Storage
0
Location
Main Artery
Cavendish blvd
Intersection
Cavendish blvd
Shopping Center
Cavendish Mall
Metro Station
Snowdon
Bus
104, 138, 262
Attraction
Hospital
MUHC
School
Concordia Loyola campus
Heating
Energy Source
Electricity
Heating Type
Wall Unit (Heat & A/C)
Responsibility
Owner
Heating Hot Water
Energy Source
Natural Gas
Responsibility
Owner
Water Tank
General Information
Zoning
Residential
Cadastral
1561331
Building Type
Detached
Floor Nb.
8
Year Built
1978
Lot Area
49633
Building Area
0
Stove
Included in leases
Refrigerator
Included in leases
Washer
Coinamatic
Dryer
Coinamatic
Elevator
2 elevators
Wash/Dry Hookups
No
Dishwasher Hookups
Pool
Exterior
Furnished
No
AC units
All units
Basement
Garage
Fireplace
No
Intercom
Yes
Building Overview
Roof
Redone 2002, as per invoice, costing 80,000$
Windows
Balconies
Exterior Walls
Electricity
One Hydro-Quebec meter for entire building
Plumbing
Sprinklers in garage and near elevators | All copper plumbing
Heating System
Wall units with heating and A/C in all apartments, most of wall units have been replaced since 2012 (no invoice on file)
Hot Water Tanks
Elevator
2 elevators upgraded in 2015 costing approximatly 350,000$, New cabins and electronics (as per contract)
Garage
New garbage compactor in 2019 for 18,000$, 4 new garbage containers in 2017 for 16,000$
Bathrooms
Approx. 50% redone since 2012 (no invoice on file)
Kitchens
Approx. 50% redone since 2012 (no invoice on file) | Most of fridges and stoves provided by owner
Certificate of Location
TT Katz - 2004-08-11 (available upon request)
Envrionmental Report
Phase 1 - Spectrum - 2010-01-27 (available upon request)
Notes
- Janitor is on the payroll, no lease and no work contract, he has been there for 3 years
- Videotron lease for housing equipment in the basement for the area, lease until March 31, 2030 with 10 years option.
- A complete floor plan is available upon request.
- The information presented above are to be verified by the buyer during the inspection period.
- The seller does not wish to have any visits without a letter of intent or an offer.
*** This sale is made without legal warranty of quality, at the buyer’s risk and perils. ***
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