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Asking price less then 11.8x the revenue.
Detached building of 13 units in a great neighborhood.
No vacancies, always rented with great tenants. Neighboring parc St.Benoit.
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Tenants pay hot water and electricity.
Effective Annual Gross Revenue (residential) $70,740 (2011-07-01)
Parking Effective Annual Gross Revenue $1,200 (2011-07-01)
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Type 3 1/2 Total Number of Units 7 Total Effective Monthly Revenue 3,435.99
Type 2 1/2 Total Number of Units 4 Total Effective Monthly Revenue 1,340.00
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Type 4 1/2 Total Number of Units 2 Total Effective Monthly Revenue 1,120.00
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National Bank
CMHC insured
$ 408,000
3.3%, 5 year term, 25 amort
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Insurance $3,103
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appt 13= $565
appt 12= $510
appt 11= $525
appt 10= $515
appt 9= $555
appt 8= $475
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appt 7= $475
appt 6= $515
appt 5= $350
appt 4= $330
appt 3= $330
appt 2= $330
Appt 1= $420
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Proximity Bicycle path, CEGEP, Commuter train, Elementary school, Golf, High school, Highway, Hospital, Metro, Park, Public transportation .
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