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6655 Mackle, Côte-Saint-Luc
117 residential units, 0 commercial units

Description

Financial Overview

Revenue 1,648,561$
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 - Excellent quality of tenants, long time owner
- Across from Cavendish Mall, near all services and transports - Amazing investment opportunity, prestigious property
- Included in lease: heating, electricity, AC, hot water, garage
- Most fridges and stoves supplied by owner *** This sale is made without legal warranty of quality ***
- Outdoor pool, gym and reception room for tenants *** Deadline to submit offers: JULY 3, 2020 ***

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
Total Units   117

Commercial

Commercial 0
Total Units   0

Parking

Parking 12
Garage 126
Storage 0
Total Spaces   138

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 4611
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
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 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.
*** This sale is made without legal warranty of quality, at the buyer’s risk and perils. ***
The seller does not wish to have any visits without a letter of intent or an offer.
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