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3497-3501 Ste-Catherine E, Hochelaga-Maisonneuve
4 residential units, 0 commercial units | 1,599,000$
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Overview
Revenue
Financing
Documents
Photos
View on map
Download PDF
Contact Us
Back to List
Overview
Revenue
Financing
Documents
Photos
View on map
3497-3501 Ste-Catherine E, Hochelaga-Maisonneuve
4 residential units, 0 commercial units | 1,599,000$
Description
Residential
0
0
1
1
0
2
4
0
Financial Overview
Revenue
99,408$
Cost per Unit
399,750$
Cap. Rate
4.69 %
GRM
16.09
NRM
21.29
Return on Cash Flow
2.49 %
Return on Investment
4.41 %
Municipal Evaluation
Previous Assessment
2020-2022
476,000$
Land
2023-2025
125,500$
Building
2023-2025
974,500$
Total
2023-2025
1,100,000$
Highlights
- Beautiful brick building consisting of 1x 3.5, 1x 4.5 & 2x6.5 (4 bedrooms)
- 2020: Balconies on 2nd & 3rd floor replaced, 12x20 feet (60,000$)
- Very large units, ground floor units are on two levels,12ft ceilings
- Over 700,000$ invested in renovations since 2020-2021
- Property completely stripped and renovated
- Near Joliette Metro, all universities, Maisonneuve Park
- New brick, windows & doors, balconies, security cameras, etc.
- Wired central Wifi internet system in all the apartments
- New electrical, plumbing, kitchens, bathrooms, and more…
- Main security camera system (8 cameras)
- Heating and hot water paid by tenants
- A real gem, turnkey investment opportunity
Residential
Studio
1 ½
0
Alcove
2 ½
0
1 bdrm
3 ½
1
2 bdrm
4 ½
1
3 bdrm
5 ½
0
4 bdrm +
6 ½ +
2
Commercial
Commercial
0
Parking
Parking
0
Garage
0
Storage
0
Location
Main Artery
Notre-Dame E
Intersection
Davidson
Shopping Center
Promenades Ontario
Metro Station
Joliette Metro
Bus
29, 34, 353
Attraction
Maisonneuve Park
Hospital
Notre-Dame Hospital
School
McGill, Concordia
Heating
Energy Source
Electricity
Heating Type
Electric Baseboards
Responsibility
Tenants
Heating Hot Water
Energy Source
Electricity
Responsibility
Tenants
Water Tank
4x60 gallons
General Information
Zoning
Semi-Commercial
Cadastral
3363377
Building Type
Semi-Detached
Floor Nb.
3
Year Built
1920
Lot Area
1500
Building Area
1500
Stove
Included in leases
Refrigerator
Included in leases
Washer
In apartments
Dryer
In apartments
Elevator
None
Wash/Dry Hookups
In all units
Dishwasher Hookups
In 3 units
Pool
None
Furnished
3497 is partially furnished
AC units
Wall units included
Basement
Finished, over 6 ft
Fireplace
None
Intercom
None
Building Overview
Roof
2014
Windows
All the windows and interior and exterior doors replaced (2020-2021)
Balconies
Balconies completly redone with new roof - 2020 (60,000$)
Exterior Walls
Brick work done all around the building (2015-2020)
Electricity
100 AMP panels in each unit (2015-2021) | Main entrance 400AMP | Mostly LED lighting throughout the building
Plumbing
Copper and ABS completly replaced including main drains under the slab basement
Heating System
All new electrical baseboards and convectair (2019-2021) | Electrical heating paid by the tenants
Hot Water Tanks
4 hot water tanks replaced 2020-2021
Elevator
None
Garage
None
Bathrooms
3497: 2015 | 3499: 2020 | 3501: 2021 | 1400 Aylwin: 2021
Kitchens
3497: 2015 | 3499: 2020 | 3501: 2021 | 1400 Aylwin: 2021 | High end materials, granite kitchen counters
Certificate of Location
Gilles Lebel - 2018-03-21
Envrionmental Report
Phase 1 - Spheratest - 2021-04-26
Notes
- Fully renovated building in 2020-2021 with high end quality materials | Very secure building: security cameras, tempered glass windows and doors
- 2020-2021: New windows, interior and exterior doors, new balconies, fully redone kitchens and bathrooms, wall unit A/C in all the apartments, etc.
- 3501 Ste-Catherine: 1,840 sq.ft on 2 levels, 2 full bathrooms
- Ground floor and basement redone 100% | Basement’s height is approximately 6' 8''
*** 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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