St-Joseph sector, very beautiful all-brick building of 8 x 4.5 rooms, 6 fiberglass front balconies and 4 fiberglass rear galleries, 6 attached outdoor sheds and 2 basement sheds in addition to 12 parking spaces . Several renovations over the years, maintenance supported by its current owner. Housing rental income totals $65,100 annually. All units are rented until June 30, 2023 and May 31, 2023 (for #3). Investors, beware!
Source: ROYAL LEPAGE AU SOMMET, Real Estate Agency
General information
Category
Revenue property
Rooms
4
Bedrooms
2
Bathrooms
1
Building
Year built
1974
Front
16.49 meters
Depth
10.51 meters
Lot
Front
38.1 meters
Depth
28.96 meters
Area
1103.3 square meters
Evaluation (2023)
Building
642 900 $
Lot
104 000 $
Total:
746 900 $
Income
Latest revision of revenue
2022-10-21
Residential gross potential
65 100 $ / year
Expenses
Monthly
Yearly
Insurance
265 $
3 185 $
Energy cost
40 $
474 $
Snow removal / Lawn mowing
53 $
632 $
Municipal Taxes (2023)
835 $
10 021 $
School taxes (2023)
56 $
673 $
Total:
1 249 $
14 985 $
Basement
Other, Finished basement, 6 feet and over
Cupboard
Other
Driveway
Asphalt
Foundation
Poured concrete
Heating energy
Electricity
Heating system
Electric baseboard units
Parking
12 Outdoor
Proximity
Public transport, Park - green area, Elementary school, Other, Bicycle path
Roofing
Elastomer membrane
Sewage system
Municipal sewer
Siding
Stone, Brick, Vinyl, Other
Topography
Flat
Water supply
Municipality
Window type
Sliding
Windows
PVC
Zoning
Residential
Include
Shed
Addenda
Overview of the works and improvements carried out by the
current owner:
For apartments 1, 2, 5, 6, 7 and 8
- Insulation of ceilings with blown soundproofing wool
- Replacement of flooring with vinyl slats
- Replacement of kitchen and bathroom cabinets
- Entrance doors of some accommodations have been changed
- Hot water tanks in some accommodations have been changed
- Power outlets and light fixtures
- Installations for dishwashers
- Taking counters on new independent circuits
- Gaskets and paint
Outside:
- Expansion of the parking area by adding 4 additional
spaces with retention pit
- Repaving of the 8 existing parking lots at the same time
as the expansion
- Installation of a shed for the owner
- Elastomeric membrane roof (Soprema) redone in 2018
- Leveling and laying of sod of the grassed part along
Champlain Avenue and the rear part
- Repair of a rear crack by Monsieur Fissure
Very functional and bright accommodation in a perfect
environment for easy rental.
Without legal warranty