A Tradition of Trust 
Amy Assaad TOP 1% OF REALTOR'S IN CANADA Montreal, QC
Phone: 514-934-1818 Email Amy

79 Av. Bruce Westmount (Montréal, Quebec, CA - H3Z 2E1)

$2,450,000

Royal LePage Heritage

Amy Assaad Amy Assaad 514-934-1818 (Office) Request More Info

  • Westmount
  • Type: Residential
  • Style: Multiplex "Quadruplex - Residential only, Detached"
  • Garage: Single, Detached "Driveway (3)"
  • Size: 6,500 sq. ft. " Gross Living Area "
  • Lot Type: Rectangular
  • Lot Size: 3110 sq. ft.
  • Year Built: n/a "Renovated 2012-2013"

Description

Stunning 4-plex completely renovated from A-Z located in sought out neighbourhood. All units feature an open concept living area, hardwood floors, granite countertops, A/C and en-suite bathrooms. 3 outdoor private parking and large private terraces. Proximity to Greene ave., Westmount square, highway access, metro Atwater and all services.
.
**Addendum
- Great investment property, this brand new, completely rebuild property provides you with a 5% cap rate.

*Renovated from A-Z in 2012-2013:

-New Royal Roofing membrane roof
-New Kolbe wood windows throughout
-New hot water tanks for each unit
-Pre-wired for high speed internet/cable
-Hand scraped/distressed maple floors throughout w/ membrane beneath to reduce noise transfer
-Each unit w/ private locker in basement
-Closets by Design built-ins in all closets
-Ensuite bathrooms in master bedroom (#1, 2 & 3)
-Ciot Italian porcelain tile ceramic in bathrooms
-Intercom to main door
-High end stainless appliances in each unit
-Granite counters
-Kohler sinks, Toto toilets in bathrooms
-Wood cabinetry in kitchen
-All new pine interior doors; mahogany main entrance door
-Pot lights throughout
-Ceramic stairway
-Renovated terrace & balconies
-Addition of high ceiling basement apartment (#B) w/ separate entrance & fire exit.

-New walls, ceiling all 5/8" fire code gyproc
-Copper, cast iron plumbing
-New water entrance from city to property
-New drainage/sewer system
-New electric cables, wiring, individual electrical panels (150 amps/floor)
-5-6 Back water valves installed
-High quality insulation throughout, polyurethane perimeter walls, insulation between floors & bathroom walls
-Exterior bricks cleaned & re-pointed
-Exterior foundation walls redone w/ Crepi acrylic
-New mechanical room
-Fire alarm + visual alarm for hearing impaired.

*Over 1 million dollars has been invested in this magnificent property in order to transform it into a new and unique Westmount revenue property.

-Unit B is rented until August 2017 for $1,900/month
-Unit 2 is rented until June 2017 for $3,200/month
-Unit 3 is rented until August 2017 for $3,300/month.

The building total square footage is 6,500SF which includes the basement

**Inclusions
Few blinds, 4 hot water tanks, and alarm system hardware.

**Exclusions
As per leases.

** Number of Units 4 - Residential
1 Unit(s) - 4 1/2 type
3 Unit(s) - 5 1/2 type
Total - 4

** Potential Gross Revenue (2016-07-19)
* Residential $143,400
* Commercial -
* Parking/Garages
* Other
** Total - $143,400 .

** Effective Gross Revenue - $143,400 .

** Operating Expenses
* Municipal Taxes (2016) - $11,353 ;
* School Taxes (2015) - $2,353 ;
- Infrastructure Taxes
- Business Taxes
- Water Taxes
* Energy - Electricity -;
- Energy - Heating Oil
* Energy - Gas - ;
* Elevator(s)
* Insurance - ;
- Cable (TV) - ;
- Superintendent
- Sanitary Container
- Snow Removal
* Maintenance ;
-Equipment (Rental)
- Common Expenses
- Management/Administration
- Garbage
- Lawn
- Advertising
- Security
- Recovery of expenses
** Total Operating Expenses - $13,706

** Net Operating Revenue - $129,694
*
** Monthly Revenue (residential) - 4 unit(s)
*Apt. No. 1
- End of Lease Owner-occupant
- Rental value $3,600
- No. of Bedrooms 3
- No. Bath/PR 2+0
*
*Apt. No. 2
- End of Lease 2017-06-30
- Monthly Rent $3,200
- No. of Bedrooms 3
- No. Bath/PR 2+0
*
*Apt. No. 3
- End of Lease 2017-08-31
- Monthly Rent $3,300
- No. of Bedrooms 3
- No. Bath/PR 2+0
*
*Apt. No. B
- End of Lease 2017-08-01
- Monthly Rent $1,900
- No. of Bedrooms 2
- No. Bath/PR 2+0
*
** Annual Potential Gross Revenue $144,000 (2016-07-19).

Attachments

Highlights

  • Equipment/Services - Wall-mounted air conditioning ▪Fireplace-Stove Wood stove ▪Basement - locker space(s)
  • Westmount ▪Near Dorchester street & Clarke
  • Proximity - Bicycle path, CEGEP, Elementary school, Golf, High school, Highway, Hospital, Metro, Park, Public

Features

Interior Features

  • Alarm System
  • Fireplace
  • Hardwood Floors

Exterior Finish

  • Brick

Heating

  • Electric Baseboard

Lot Features

  • Corner Lot

Extra Features

  • Cable Available
  • Intercom
  • Storage
P2#201237579
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Information is deemed to be correct but not guaranteed.

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