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Papineau, Ville-Marie
28 residential units, 0 commercial units

Description

Financial Overview

Revenue 338,052$
Cost per Unit 0$
Cap. Rate 0.00 %
GRM 0.00
NRM 0.00
Return on Cash Flow
Return on Investment

Municipal Evaluation

Previous Assessment 2017-2019 2,520,700$
 
Land 2020-2022 950,400$
Building 2020-2022 2,351,700$
Total 2020-2022 3,302,100$

Highlights

- Beautiful building close to Lafontaine Park - Many big real estate projects in the area
- Exceptional location, near many restaurants and shops - Radio-Canada tower, Molson brewery, Esplanade Cartier
- Close distance to Papineau metro and express lines Downtown - City plans to inject funds to revitalize the area
- Heating and hot water paid by tenants - Incredibly booming sector
- Washer / Dryer hookups in all units - Excellent investment opportunity !
- Excellent opportunity to increase revenues

Residential

Studio 1 ½ 0
Alcove 2 ½ 0
1 bdrm 3 ½ 12
2 bdrm 4 ½ 10
3 bdrm 5 ½ 3
4 bdrm + 6 ½ + 3
Total Units   28

Commercial

Commercial 0
Total Units   0

Parking

Parking 0
Garage 5
Storage 24
Total Spaces   29

Location

Main Artery Sherbrooke E. & Ontario E.
Intersection Jacques-Cartier Bridge
Shopping Center
Metro Station Papineau metro
Bus Express line Downtown
Attraction Lafontaine park
Hospital Notre-Dame Hospital
School UQAM, McGill, Concordia

Heating

Energy Source Electricity
Heating Type Electric Baseboards
Responsibility Tenants

Heating Hot Water

Energy Source Electricity
Responsibility Tenants
Water Tank

General Information

Zoning Residential
Cadastral 1566891
Building Type Detached
Floor Nb. 3
Year Built 1880
Lot Area 819
Building Area 0
Stove As per leases
Refrigerator As per leases
Washer In apartments
Dryer In apartments
Elevator
Wash/Dry Hookups All apt.
Dishwasher Hookups
Pool
Furnished
AC units
Basement
Fireplace
Intercom

Building Overview

Roof 2070: roof redone 2017 ; 2080: roof redone 2013
Windows Aluminium windows (double)
Balconies
Exterior Walls Brick joints (2017)
Electricity 100AMP breaker in each unit
Plumbing Main water entrance redone 2016, copper plumbing
Heating System Electric heating paid by tenants
Hot Water Tanks
Elevator
Garage 5 garages and 24 storages
Bathrooms
Kitchens
Certificate of Location Certificate of Location - Luc Leblanc - 2019-07-12
Envrionmental Report Phase 1 - Update - Groupe Solroc 2019-09-11, Phase 2 - Groupe Solroc - 2011-09

Notes

Cameras surveillance system
Washer / Dryer hookups in all units
A lot of potential to increase revenues
* This sale is made without any legal warranty of quality, at the buyer's own risk.
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