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

2155 Boul. St-Joseph E. Le Plateau (Montréal, Quebec, CA - H2H 1E9)

$1,190,000

Royal LePage Heritage

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

  • Le Plateau-Mont-Royal
  • Type: Residential
  • Style: Multiplex "8 Plex Residential"
  • Garage: Single, Detached "Driveway (3)"
  • Lot Type: Rectangular
  • Lot Size: 2442 sq. ft.
  • Year Built: 1942 "Renovated, Attached Building"

Description

Great location & investment. Spacious 8 unit multi-residential property located in an ideal neighbourhood. 7 spacious 1 bedroom units and 1 studio. Extremely well maintained property, many units with modern renovations, laundry room in the basement & 3 ext. parking. Steps away from public transportation, universities, Mont-Royal, & highway access.

**Addendum

*Superior location in Montreal's Plateau; Mont-Royal borough
- Within close proximity to multiple lifestyle destinations
- 3 outdoor parking stalls at the rear of the building ( all currently rented)
- Easily accessible via major thoroughfares & public transit
- Walking distance of the Laurier metro station, access to downtown Montreal in under 15 minutes via the orange line.

- Potential of adding an additional suite on the basement level
- 75% of suites completely renovated.

* Insurance: $2,200/year
* Heating is paid by the tenants with the exception of the bachelor apartment (1 1/2).
* Hot water is paid by the tenants with the exception of the bachelor apartment (1 1/2) and a single 3 1/2.

**Inclusions
7 hot water tanks, washer and dryer in the laundry room, appliances as per the leases

**Exclusions
1 hot water tank is rented

** Number of Units 8 - Residential
1 Unit(s) - 1 1/2 type
7 Unit(s) - 3 1/2 type
Total - 8

**Other
*Type Number
*Laundry Room
*Parking/Garages 3

** Potential Gross Revenue (2016-03-30)
* Residential $73,620
* Commercial -
* Parking/Garages - $1,320
* Other - $1,800
** Total - $76,740.

** Effective Gross Revenue -$76,740.

** Operating Expenses
* Municipal Taxes (2016) - $6,597;
* School Taxes (2015) - $1,320;
- 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 - $7,917
*
** Net Operating Revenue - $68,823
*
**Monthly Revenue (residential) - 8 unit(s)
*
**Annual Potential Gross Revenue $73,620 (2016-03-30)
*
**Other Monthly Revenue
*
**Annual Potential Gross Revenue $3,120 (2016-03-30)
*
**

Attachments

Highlights

  • Le Plateau Mont-Royal -Near Des érables
  • Proximity - Bicycle path, CEGEP, Commuter train, Elementary school, High school, Highway, Hospital, Metro, Park, Public transportation, University

Features

Interior Features

  • Hardwood Floors

Exterior Finish

  • Brick

Heating

  • Central Electric
P2#190454688
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Information is deemed to be correct but not guaranteed.

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