Blog
Register
Login
English
English
Français
4701-4719 La Fontaine, Hochelaga-Maisonneuve
16 residential units, 0 commercial units | 3,500,000$
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
4701-4719 La Fontaine, Hochelaga-Maisonneuve
16 residential units, 0 commercial units | 3,500,000$
Description
Residential
0
0
7
0
5
4
16
0
Financial Overview
Revenue
184,332$
Cost per Unit
218,750$
Cap. Rate
3.75 %
GRM
18.99
NRM
26.63
Return on Cash Flow
1.93 %
Return on Investment
3.53 %
Municipal Evaluation
Previous Assessment
2020-2022
1,519,900$
Land
2023-2025
942,000$
Building
2023-2025
1,444,200$
Total
2023-2025
2,386,200$
Highlights
- Beautiful stone building in the heart of HOMA
- New Canoë residential project of over 1,000 units 3 blocks away
- Many very large apartments (RDC units are 1,800 sq.ft)
- Very long time owners, well maintenained property over the years
- Heating and hot water paid by the tenants
- First time on the market in 35 years
- 10 minutes away from Viau Metro and from future East REM
- Current rents are extremely low for the unit size
- A few steps away from Marché Maisonneuve, grocery store, pharmacy
- Lots of potential to increase the revenues
- Close to Olympic Stadium, Biodome, Maisonneuve Park
- Excellent investment opportunity not to be missed!
Residential
Studio
1 ½
0
Alcove
2 ½
0
1 bdrm
3 ½
7
2 bdrm
4 ½
0
3 bdrm
5 ½
5
4 bdrm +
6 ½ +
4
Commercial
Commercial
0
Parking
Parking
0
Garage
0
Storage
0
Location
Main Artery
Viau street
Intersection
Ontario East / rue Viau
Shopping Center
Marché Maisonneuve
Metro Station
Viau Metro
Bus
34, 85, 125, 353, 362
Attraction
Maisonneuve Park
Hospital
Maisonneuve-Rosemont
School
College Maisonneuve
Heating
Energy Source
Electricity & Gas
Heating Type
Baseboards & Hot Water
Responsibility
Tenants
Heating Hot Water
Energy Source
Electricity
Responsibility
Tenants
Water Tank
16 tanks
General Information
Zoning
Residential
Cadastral
1881307
Building Type
Semi-Detached
Floor Nb.
3
Year Built
1915
Lot Area
785
Building Area
0
Stove
As per leases
Refrigerator
As per leases
Washer
In apartments
Dryer
In apartments
Elevator
None
Wash/Dry Hookups
In the apartments
Dishwasher Hookups
Pool
None
Furnished
AC units
Basement
Crawlspace
Fireplace
None
Intercom
None
Building Overview
Roof
New TPO roof done in May 2021 (73,000$)
Windows
Balconies
Recent front balconies, aluminium flooring, welded aluminium ramps
Exterior Walls
Concrete foundations with wood structure | Crawlspace basement
Electricity
100AMP electrical panels with breakers in all the units
Plumbing
Copper main water entry
Heating System
Natural gas heating in 2 ground floor units, the other units have electrical heating
Hot Water Tanks
16 hot water tank of 40 gallons less than 10 years old
Elevator
None
Garage
None
Bathrooms
4717 completely renovated in 2021 at a cost of 60,000$
Kitchens
4717 completely renovated in 2021 at a cost of 60,000$
Certificate of Location
VRSB - 2021-02-25
Envrionmental Report
Phase 1, Phase 2 & Phase 3 (2022)
Notes
- The information presented above are to be verified by the buyer during the inspection period.
*** This sale is made without any legal warranty of quality, on an “as is, where is” basis, at the BUYER’s own risks ***
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.