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11785-11805 Ranger, Cartierville
52 residential units, 0 commercial units | 5,800,000$

Description

Financial Overview

Revenue 367,920$
Cost per Unit 111,538$
Cap. Rate 3.27 %
GRM 15.76
NRM 30.54
Return on Cash Flow 1.96 %
Return on Investment 5.06 %

Municipal Evaluation

Previous Assessment 2017-2019 3,132,000$
 
Land 2020-2022 881,000$
Building 2020-2022 2,752,200$
Total 2020-2022 3,633,200$

Highlights

- Beautiful 52 units property next to Bois-Franc train Station - Copper water entrance
- Located in Cartierville, at the limit of Ville Saint-Laurent - Well maintenained property in soaring location
- Côte-Vertu Metro, future REM station Bois-Franc - Lots of potential with new REM station closeby
- Building has 57 units, 5 units are combined together to increase size - Excellent investment opportunity
- Natural gas heating and hot water paid by owner

Residential

Studio 1 ½ 2
Alcove 2 ½ 1
1 bdrm 3 ½ 37
2 bdrm 4 ½ 9
3 bdrm 5 ½ 0
4 bdrm + 6 ½ + 3
Total Units   52

Commercial

Commercial 0
Total Units   0

Parking

Parking 0
Garage 0
Storage 0
Total Spaces   0

Location

Main Artery Laurentien blvd.
Intersection Marcel-Laurin / Henri-Bourassa
Shopping Center Galeries St-Laurent
Metro Station Bois-Franc train (REM)
Bus 64, 164, 171, 382, 964
Attraction Lachapelle Bridge
Hospital Sacre-Coeur Hospital
School Vanier / St-Laurent Cegep

Heating

Energy Source Natural Gas
Heating Type Hot Water
Responsibility Owner

Heating Hot Water

Energy Source Natural Gas
Responsibility Owner
Water Tank

General Information

Zoning Residential
Cadastral 1435417
Building Type Semi-Detached
Floor Nb. 3
Year Built 1962
Lot Area 1894
Building Area 0
Stove As per leases
Refrigerator As per leases
Washer Coinamatic rental
Dryer Coinamatic rental
Elevator
Wash/Dry Hookups
Dishwasher Hookups
Pool
Furnished
AC units
Basement
Fireplace
Intercom Yes

Building Overview

Roof Partially redone in 2017 - 12,000$
Windows
Balconies Balconies are recent (no invoice on file)
Exterior Walls Brick redone in 2015 - 13,000$
Electricity
Plumbing About 80% redone and drains as well recently (no invoice on file)
Heating System
Hot Water Tanks
Elevator
Garage
Bathrooms Approx. 80% of apartments have been renovated recently
Kitchens Approx. 80% of apartments have been renovated recently
Certificate of Location Certificate of Location - Wladyslaw Bielawski - 2016-03-07
Envrionmental Report Environmental Report - Phase 1 Update - Ecogestion - 2018-04-16

Notes

- Coinamatic 10 years rental contract ending 2022-10-01
- Floor sanded in the majority of apartments recently
The existing mortgage in favor of Peoples Trust must be assumed by the Buyer.
*** This sale is made without legal warranty of quality, at the buyer’s risk and perils. ***
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