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8751-8757 Lajeunesse, Ahuntsic
8 residential units, 2 commercial units | 1,850,000$

Description

Financial Overview

Revenue 140,672$
Cap. Rate 4.39 %
GRM 13.15
NRM 22.73
Return on Cash Flow 2.42 %
Return on Investment 5.59 %

Municipal Evaluation

Previous Assessment 2017-2019 1,080,000$
 
Land 2020-2022 251,300$
Building 2020-2022 990,700$
Total 2020-2022 1,242,000$

Highlights

- Beautiful semi-commercial building in a prime location in Ahuntsic - Great potential to increase revenues and good commercial tenants
- In front of Crémazie Metro station and FTQ complex - Lots of foot traffic on Lajeunesse
- Next to Ahuntsic and André-Grasset Cegeps - Well maintained and managed property
- Consisting of 8 furnished studios and 2 commercial spaces - Excellent investment opportunity
- Heating and hot water paid by owner for the apartments
- Commercial tenants pay for heating, hot water, and 50% of taxes

Residential

Studio 1 ½ 8
Alcove 2 ½ 0
1 bdrm 3 ½ 0
2 bdrm 4 ½ 0
3 bdrm 5 ½ 0
4 bdrm + 6 ½ + 0
Total Units   8

Commercial

Commercial 0
Total Units   0

Parking

Parking 0
Garage 0
Storage 0
Total Spaces   0

Location

Main Artery Highway 40
Intersection Cremazie / Lajeunesse
Shopping Center Marché Central
Metro Station Cremazie metro
Bus 54, 146, 192, 460
Attraction Marché Central
Hospital Jean Talon Hospital
School André-Grasset / Ahuntsic

Heating

Energy Source Electricity
Heating Type Electric Baseboards
Responsibility Owner

Heating Hot Water

Energy Source Natural Gas
Responsibility Owner
Water Tank

General Information

Zoning Semi-Commercial
Cadastral 1998092
Building Type Attached
Floor Nb. 2
Year Built 1955
Lot Area 375
Building Area 0
Stove Included in leases
Refrigerator Included in leases
Washer
Dryer
Elevator None
Wash/Dry Hookups
Dishwasher Hookups
Pool None
Furnished
AC units
Basement used for storage
Fireplace
Intercom

Building Overview

Roof Tar and gravel roof recent (no invoice on file)
Windows Aluminum sliding windows, 12 windows changed recently
Balconies
Exterior Walls Brick exterior
Electricity 400 Amp, breakers
Plumbing Copper plumbing
Heating System A/C in the commercial units (2018)
Hot Water Tanks Hot water heater, 1 tank of 80 gallons (approx. 2014)
Elevator None
Garage None
Bathrooms
Kitchens
Certificate of Location Jean Paquin - 1996-07-17
Envrionmental Report

Notes

- Zoning: 3 floors, maximum height 13.5m
- Basement used for storage or office space by commercial tenants
- Large common terrace for residential tenants in the back
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