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3441 Jeanne-Mance, Plateau-Mont-Royal
29 residential units, 0 commercial units | 8,500,000$
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Overview
Revenue
Financing
Documents
Photos
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Download PDF
Contact Us
Back to List
Overview
Revenue
Financing
Documents
Photos
View on map
3441 Jeanne-Mance, Plateau-Mont-Royal
29 residential units, 0 commercial units | 8,500,000$
Description
Residential
8
4
5
12
0
0
29
0
Financial Overview
Revenue
475,660$
Cost per Unit
293,103$
Cap. Rate
4.01 %
GRM
17.87
NRM
24.92
Return on Cash Flow
3.59 %
Return on Investment
6.23 %
Municipal Evaluation
Previous Assessment
2020-2022
3,680,000$
Land
2023-2025
855,500$
Building
2023-2025
4,296,500$
Total
2023-2025
5,152,000$
Highlights
- Investment opportunity in the heart of the McGill Student District
- Electrical heating and hot water paid by most tenants
- Incredible location 350m away from Place-des-Arts metro station
- Great potential to increase the revenues
- Walking distance to McGill (650m) and UQAM (300m)
- Advantageous CMHC financing that can be assumed at 2.70%
- Attractive size mix suited to attract the student demographic
- Possibility to refinance with CMHC MLI Select (energy efficiency)
- 50% of the units have been renovated recently
- Incredible investment opportunity in sought-after neighbourhood!
- Recent replacement of electrical and plumbing systems
Residential
Studio
1 ½
8
Alcove
2 ½
4
1 bdrm
3 ½
5
2 bdrm
4 ½
12
3 bdrm
5 ½
0
4 bdrm +
6 ½ +
0
Commercial
Commercial
0
Parking
Parking
0
Garage
0
Storage
0
Location
Main Artery
Sherbrooke W.
Intersection
Sherbrooke W. / Park av.
Shopping Center
Eaton Centre
Metro Station
Place-des-Arts (350m)
Bus
Attraction
Mont-Royal Park
Hospital
Hôtel-Dieu, CHUM
School
McGill (650m), UQAM (300m)
Heating
Energy Source
Electricity
Heating Type
Electric Baseboards
Responsibility
Tenants
Heating Hot Water
Energy Source
Electricity
Responsibility
Tenants
Water Tank
General Information
Zoning
Residential
Cadastral
2160546
Building Type
Semi-Detached
Floor Nb.
3
Year Built
1941
Lot Area
349
Building Area
0
Stove
As per leases
Refrigerator
As per leases
Washer
Coinamatic
Dryer
Coinamatic
Elevator
None
Wash/Dry Hookups
Laundry room
Dishwasher Hookups
None
Pool
None
Furnished
Fridge, stove, microwave
AC units
Basement
Fireplace
Intercom
Yes
Building Overview
Roof
Elastomeric membrane (2024 | 100,000$)
Windows
Balconies
Exterior Walls
Electricity
100 AMP with breakers | 30 individual Hydro-Quebec meters
Plumbing
ABS/ Pex
Heating System
Electrical heating paid by the tenants (except for apartments #4 and #14)
Hot Water Tanks
Electrical hot water tanks in the basement | Paid by the tenants
Elevator
None
Garage
None
Bathrooms
50% of the units were renovated recently
Kitchens
50% of the units were renovated recently | Fridge, stove, microwave included
Certificate of Location
Etienne Cote - 2016-05-10
Environmental Report
Phase 1 - Groupe Ortam - 2024-10-15
Notes
- Zoning: H.1-6 (1 to 36 units) | Zone 0496
- Walk Score: 99% | Bike Score: 99%
*** This sale is made without any legal warranty of quality, on an “as is, where is” basis, at the BUYER’s own risks. ***
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