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1005 Rosemont, Rosemont - La Petite-Patrie
34 residential units, 0 commercial units | 6,150,000$

Description

Financial Overview

Revenue 358,260$
Cost per Unit 180,882$
Cap. Rate 3.66 %
GRM 17.17
NRM 27.27
Return on Cash Flow 2.34 %
Return on Investment 6.61 %

Municipal Evaluation

Previous Assessment 2017-2019 2,992,600$
 
Land 2020-2022 498,800$
Building 2020-2022 2,651,200$
Total 2020-2022 3,150,000$

Highlights

- Beautiful 5-story concrete building in the heart of Rosemont - First time on the market since its construction in 1964
- Ideal location, walking distance from Plaza St-Hubert - Excellent investment opportunity in an amazing location
- 1 min from Rosemont Metro Station, close to Laurier Park
- Many recent major renovations, very well managed building
- Heating and hot water paid by the owner
- All the apartments have balconies, no unit in the basement

Residential

Studio 1 ½ 0
Alcove 2 ½ 4
1 bdrm 3 ½ 30
2 bdrm 4 ½ 0
3 bdrm 5 ½ 0
4 bdrm + 6 ½ + 0
Total Units   34

Commercial

Commercial 0
Total Units   0

Parking

Parking 3
Garage 10
Storage 20
Total Spaces   33

Location

Main Artery Rosemont Blvd.
Intersection Rosemont Christophe-Colomb
Shopping Center Plaza Saint-Hubert
Metro Station Rosemont Metro
Bus 13, 25, 30, 197, 370
Attraction Laurier Park, Downtown
Hospital Notre-Dame / CHUM
School University of Montreal

Heating

Energy Source Electricity
Heating Type Electric Baseboards
Responsibility Owner

Heating Hot Water

Energy Source Natural Gas
Responsibility Owner
Water Tank 1 gas heated tank in garage

General Information

Zoning Residential
Cadastral 3794749
Building Type Semi-Detached
Floor Nb. 5
Year Built 1964
Lot Area 0
Building Area 0
Stove Included in leases
Refrigerator Included in leases
Washer Owner
Dryer Owner
Elevator One elevator
Wash/Dry Hookups None
Dishwasher Hookups None
Pool None
Furnished Fridges and stoves
AC units
Basement Garage
Fireplace
Intercom Yes

Building Overview

Roof Redone in 2019 (37,000$), gravel and tar
Windows Front entrance aluminum windows redone recently, 44 windows replaced in 2012 (33,00040
Balconies All apartments have a balcony, no apartments in the basement
Exterior Walls Major brick work done recently (50,000$ since 2015)
Electricity
Plumbing Copper plumbing
Heating System Electric heating paid by owner
Hot Water Tanks Replaced in 2019 (11,000$), 65 gallons, gas heated hot water paid by owner
Elevator One elevator
Garage Retaining wall redone 2019 (60,000$)
Bathrooms 14 apartment completely renovated recently
Kitchens 14 apartment completely renovated recently
Certificate of Location Certificate of Location 2020 for the 2 lots
Envrionmental Report Environmental Report - Phase 1 - 2006

Notes

- New intercom and entrance hall 2020
*** This sale is made without legal warranty of quality, at the buyer’s risk and perils. ***
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