This is a solid building in an excellent location. The owner has maintained it with immaculate attention. Built in 1989, with a new roof and a new fire alarm system installed by a professional company, this building is ready for a bit of optimization in terms of rental values. It is currently in excellent condition as it is with quality stable tenants. In proximity there is access to public transportation, a beautiful park, Fleury hospital, Reine-Marie College and access to highways, making this a choice location an excellent investment! All reasonable offers are welcome!
Sale without legal warranty of quality, at the buyer's risk and peril.
Visits to the apartments are possible on the basis of an offer accepted by the parties. -Please ask for the seller's declaration for further details. - Proof of deposit is preferable for all offers to demonstrate the seriousness and financial stability of the buyer.
Overview of the units: - Washer and dryer is in each unit - Tenants provide their own appliances -Each apartment is bright and spacious with an open concept design, with a washer and dryer installation in each apartment as well as an opening to install an air conditioner. -These apartments are very comfortable. All have parquetry flooring and ceramic tiles in the kitchens and bathrooms
Building information: - Roof redone in 2023 - There are 5 parking spots in the back of the building, which the tenants take care of. These are included in some of the tenants leases - The hot water tanks are rented with Hydro Solutions and paid for by the tenants individually - The tenants pay for their electricity - There is space to install an air conditioner unit in each apartment, currently these units belong to the tenants - There is one tenant who pays a reduced rent and takes care of certain tasks in the building.
Building details and property interior
Dimensions
55' 11" X 52' 1"
Year constructed
1989
Siding
Brick
Roofing
Asphalt and gravel
Basement
6 feet and more, Finished basement
Lot and exterior features
Lot size
56' 5" X 88'
Lot area
4,962 ft²
Driveway
Asphalt
Parking (total)
Driveway (5)
Proximity
CEGEP, Daycare centre, Hospital, Park, Bicycle path, Elementary school, High school, Public transportation, Highway
Characteristics
Heating System
Convection baseboards
Heating Energy
Electricity
Property or unit amenity
Wall-mounted air conditioning
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
Lot assessment
$ 428,700
Building assessment
$ 1,826,500
Total
$ 2,255,200
Taxes
Municipal
(2024)
$ 13,914
School
(2024)
$ 1,806
Total
$ 15,720
Gross annual revenues (potential)
Residential
$ 101,556
Total
$ 101,556
Inclusions and exclusions
Inclusions
Building fire alarm system
Exclusions
Tenant belongings, air conditioners belong to tenants. Hyrdro solutions hot water tanks.