Income property consisting of 8 large 5 1/2’s located near all amenities,concrete construction,many renovations made over the years,roof 2009,outdoor parking,2 patio balconies & locker storage for each unit,always rented,great income and much more potential to increase,serious investors only!
Property Type |
8 X 5 1/2 |
Year Built |
1975 |
Property Use |
Residential only |
Lot Assessment |
$257,300 |
Building Type |
Semi-detached |
Building Assessment |
$436,800 |
Total Number of Floors |
3 |
Total Assessment |
$694,100 (2018) |
Building Size |
62 X 32 ft / 18.90 X 9.75 m |
Expected Delivery Date |
|
Living Area |
|
Repossession |
|
Building Area |
|
Trade Possible |
|
Lot Size |
140 X 61 ft irr / 42.67 X 18.59 m irr |
Certificate of Location |
Yes (2005) |
Lot Area |
8,567 sqft / 795.9 sqm |
File Number |
|
Cadastre |
1068030 |
Occupancy |
According to the leases |
Zoning |
Residential |
Deed of Sale Signature |
30 days PP Accepted |
|
|
|
|
|
|
Potential Gross Revenue (2021-07-01) |
|
|
Residential |
$94,500 |
|
Commercial |
|
|
Parking/Garages |
|
|
Other |
|
|
Total |
$94,500 |
|
Vacancy Rate and Bad Debt |
|
|
Residential |
|
|
Commercial |
|
|
Parking/Garages |
|
|
Other |
|
|
Total |
|
|
Effective Gross Revenue |
$94500 |
|
Operating Expenses |
|
|
Municipal Taxes (2020) |
$8,497 |
|
School Taxes (2020) |
$1,287 |
|
Infrastructure Taxes |
|
|
Business Taxes |
|
|
Water Taxes |
|
|
Energy – Electricity |
$480 |
|
Energy – Heating Oil |
|
|
Energy – Gas |
|
|
Elevator(s) |
|
|
Insurance |
$2,666 |
|
Cable (TV) |
|
|
Superintendant |
|
|
Sanitary Container |
|
|
Snow Removal |
$715 |
|
Maintenance |
$750 |
|
Equipment (Rental) |
|
|
Common Expenses |
|
|
Management/Administration |
|
|
Garbage |
|
|
Lawn |
|
|
Advertizing |
|
|
Security |
|
|
Recovery of expenses |
|
|
Total |
$15580 |
|
Net Operating Revenue |
$78,620 |
|
|
|
Number of Units |
Residential |
|
Type |
Number |
5 ½ |
8 |
Total |
8 |
Commercial |
|
Type |
Number |
Other |
|
Type |
Number |
|
|
|
|
Monthly Revenue (residential) – 8 unit(s) |
|
Apt. No. |
1320 #1 |
End of Lease |
2021-06-30 |
Included in Lease |
|
No. of Rooms |
5 |
Monthly Rent |
$850 |
|
|
No. of Bedrooms |
3 |
Rental value |
|
Excluded in Lease |
|
No. Bath/PR |
1+0 |
Features |
|
|
|
Washer/Dryer (inst.) |
Yes |
No. of Parking Spaces |
|
|
|
|
|
Apt. No. |
1320 #2 |
End of Lease |
2022-06-30 |
Included in Lease |
|
No. of Rooms |
5 |
Monthly Rent |
$1100 |
|
|
No. of Bedrooms |
3 |
Rental value |
|
Excluded in Lease |
|
No. Bath/PR |
1+0 |
Features |
|
|
|
Washer/Dryer (inst.) |
Yes |
No. of Parking Spaces |
|
|
|
|
|
Apt. No. |
1320 #3 |
End of Lease |
2022-06-30 |
Included in Lease |
|
No. of Rooms |
5 |
Monthly Rent |
$850 |
|
|
No. of Bedrooms |
3 |
Rental value |
|
Excluded in Lease |
|
No. Bath/PR |
1+0 |
Features |
|
|
|
Washer/Dryer (inst.) |
Yes |
No. of Parking Spaces |
|
|
|
|
|
Apt. No. |
1320 #4 |
End of Lease |
2022-06-30 |
Included in Lease |
|
No. of Rooms |
5 |
Monthly Rent |
$1200 |
|
|
No. of Bedrooms |
3 |
Rental value |
|
Excluded in Lease |
|
No. Bath/PR |
1+0 |
Features |
|
|
|
Washer/Dryer (inst.) |
Yes |
No. of Parking Spaces |
|
|
|
|
|
Apt. No. |
1320 #5 |
End of Lease |
2022-06-30 |
Included in Lease |
|
No. of Rooms |
5 |
Monthly Rent |
$1000 |
|
|
No. of Bedrooms |
3 |
Rental value |
|
Excluded in Lease |
|
No. Bath/PR |
1+0 |
Features |
|
|
|
Washer/Dryer (inst.) |
Yes |
No. of Parking Spaces |
|
|
|
|
|
Apt. No. |
1320 #6 |
End of Lease |
2022-06-30 |
Included in Lease |
|
No. of Rooms |
5 |
Monthly Rent |
$1250 |
|
|
No. of Bedrooms |
3 |
Rental value |
|
Excluded in Lease |
|
No. Bath/PR |
1+0 |
Features |
|
|
|
Washer/Dryer (inst.) |
Yes |
No. of Parking Spaces |
|
|
|
|
|
Apt. No. |
1320 #7 |
End of Lease |
2022-06-30 |
Included in Lease |
|
No. of Rooms |
5 |
Monthly Rent |
$875 |
|
|
No. of Bedrooms |
3 |
Rental value |
|
Excluded in Lease |
|
No. Bath/PR |
1+0 |
Features |
|
|
|
Washer/Dryer (inst.) |
Yes |
No. of Parking Spaces |
|
|
|
|
|
Apt. No. |
1320 #8 |
End of Lease |
2022-06-30 |
Included in Lease |
|
No. of Rooms |
5 |
Monthly Rent |
$1100 |
|
|
No. of Bedrooms |
3 |
Rental value |
|
Excluded in Lease |
|
No. Bath/PR |
1+0 |
Features |
|
|
|
Washer/Dryer (inst.) |
Yes |
No. of Parking Spaces |
|
|
|
|
|
Annual Potential Gross Revenue |
$99,300(2021-07-01) |
|
|
Features |
|
|
|
Sewage System |
Municipality |
Loading Platform |
|
Water Supply |
Municipality |
Rented Equipment (monthly) |
|
Foundation |
|
Renovations |
|
Roofing |
Asphalt and gravel |
Pool |
|
Siding |
|
Parking |
Driveway (8) |
Dividing Floor |
|
Driveway |
Asphalt |
Windows |
|
Garage |
|
Window Type |
|
Carport |
|
Energy/Heating |
Electricity |
Lot |
|
Heating System |
Electric baseboard units |
Topography |
|
Floor Covering |
|
Distinctive Features |
|
Basement |
|
Water (access) |
|
Bathroom |
|
View |
Panoramic, View of the city |
Washer/Dryer (installation) |
LDR |
Proximity |
Bicycle path, CEGEP, Cross-country skiing, Elementary school, Golf, High school, Highway, Hospital, Metro, Park, Public transportation |
Fireplace-Stove |
|
Environmental Study |
|
Kitchen Cabinets |
|
Energy efficiency |
|
Equipment/Services |
|
Occupancy |
|
|
|
Exclusions |
8 electric hot water tanks rented by hydro solutions |
|
Details
Property ID
20030787
Bedrooms
3
Bathroom
1
Property Size
8567
Year Built
1974
Updated on January 25, 2024 at 10:55 pm