Blog
Register
Login
English
English
Français
30-50 Marsolet and others, Sept-Îles
182 residential units, 0 commercial units | 18,500,000$
Contact Us
Download PDF
Back to List
Overview
Revenue
Financing
Documents
Photos
View on map
Download PDF
Contact Us
Back to List
Overview
Revenue
Financing
Documents
Photos
View on map
30-50 Marsolet and others, Sept-Îles
182 residential units, 0 commercial units | 18,500,000$
Description
Residential
0
0
0
0
8
174
182
0
Financial Overview
Revenue
2,157,480$
Cost per Unit
101,648$
Cap. Rate
6.14 %
GRM
8.57
NRM
16.27
Return on Cash Flow
10.20 %
Return on Investment
16.02 %
Municipal Evaluation
Previous Assessment
2016-2018
6,552,900$
Land
2019-2021
1,799,600$
Building
2019-2021
4,737,800$
Total
2019-2021
6,537,400$
Highlights
- Sept-Îles Gardens: Housing complex consisting of 182 units
- Right by QC-138 Highway, located in the west part of the city
- 10 buildings between 16 and 20 units, well managed properties
- Located in the urbanised area of the city, with quick access to amenities
- Heating and hot water paid by owner
- Possibility to separate lots and sell as condos (with city approval)
- Major renovations in the last few years
- Great potential to increase rents
- Can be sold with another 120 units project at 200 Régnault
- The area is being developed with the Sept-Îles Harbour
- Excellent investment opportunity
Residential
Studio
1 ½
0
Alcove
2 ½
0
1 bdrm
3 ½
0
2 bdrm
4 ½
0
3 bdrm
5 ½
8
4 bdrm +
6 ½ +
174
Commercial
Commercial
0
Parking
Parking
0
Garage
0
Storage
0
Location
Main Artery
Laure blvd.
Intersection
Falkan street
Shopping Center
Les Galeries Montagnaises
Metro Station
Bus
Intercar Sept-Îles
Attraction
Shaputuan Museum
Hospital
CISSS North Shore
School
Riverview School
Heating
Energy Source
Oil / Electricity
Heating Type
Hot Water
Responsibility
Owner
Heating Hot Water
Energy Source
Electricity
Responsibility
Owner
Water Tank
one per unit
General Information
Zoning
Residential
Cadastral
5138443
Building Type
Attached
Floor Nb.
2
Year Built
1972
Lot Area
53435
Building Area
0
Stove
Tenants
Refrigerator
Tenants
Washer
Tenants
Dryer
Tenants
Elevator
None
Wash/Dry Hookups
In all apt.
Dishwasher Hookups
Pool
None
Furnished
No
AC units
Basement
Fireplace
Intercom
None
Building Overview
Roof
All the roof were redone in 2011 at the cost of 1,100,000$
Windows
Balconies
Exterior Walls
Siding work done in 2012-2013 at the cost of 2,000,000$, and 200k$ in 2019-2020
Electricity
Breakers in each units, 600 amp main electrical entrance + 200 amp for electrical furnace
Plumbing
Sump pump in basement of every building, one water counter per building
Heating System
Units are heated with hot water, 3 oil furnaces and 1 electrical furnace heat the water, replaced 2011 for 200,000$
Hot Water Tanks
Each unit has its own electrical hot water tank (40-60 gallons)
Elevator
None
Garage
Exterior parking asphalt redone in 2020
Bathrooms
2 toilets and 1 shower-bath per unit
Kitchens
Washer/dryer hookups in all units
Certificate of Location
Certificat de Localisation - Dany Savard - 2020-10-26
Envrionmental Report
Phase I - SNC Lavalin - 2020-10-30
Notes
Land size is 53 435 sq. meters
Other renovations not mentionned above: 1,400,000$ in 2011-2014
137,000$ in 2013, Addressable fire alarm
Possibility to separate the units on individual cadastral and sell as condos (subject to approval by the City)
*** Can be sold with another 120 units project at 200 Régnault for a total of 302 units ***
Top
×
Please Login
Username*
Password*
Login
OR
Register
Forgot Password
×
Register
Please register to access exclusive new content.
First name*
Last name*
Phone number*
Email*
Confirm email*
New Password*
Confirm password*
Reason to subscribe*
Do you want to receive our exclusive newsletters?
Sign up
Registration successful.
×
Forgot Password
Username or Email*
Request Reset Password
Login
OR
Register
×
Subscribe
First name*
Last name*
Phone number*
Email*
Sign up
Subscribed successfully.