4 Building Portfolio in Montreal, Quebec, Canada
Details of offering and each building are as follows:
4 buildings in total
Disclosure:
3.5= 1 bedroom apartment
4.5= 2 bedroom apartment
5.5= 3 bedroom apartment
Building A:
Apartment no:
1X5.5 $1275/month
2X4.5 $1325/month
3x3.5. $910/month
4X4.5 $1175/month
5X3.5 $950/month
6X5.5 $1225/month
7X3.5 $1200/month
1A X3.5 $1175/month
Building B
1X4.5 $1140/month
2X3.5 $925/month
3x4.5. $906/month
4X3.5 $1200/month
5X4.5 $1075/month
6X3.5 $1250/month
7X4.5 $1280/month
1A X3.5 $875/month
TOTAL REVENUE 214632$ PER YEAR
Building C:
⁃ Apartment no:
⁃ 1X4.5 $1080/month
⁃ 2X4.5 $850/month
⁃ 3x3.5. $900/month
⁃ 4X4.5 $1500/month
⁃ 5X3.5 $1200/month
⁃ 6X4.5 $1225/month
⁃ 7X3.5 $780/month
⁃ 1A X2.5 $850/month03
Building D:
Apartment no:
1X5.5 $1450/month
2X4.5 $1217/month
3x3.5. $1000/month
4X4.5 $870/month
5X3.5 $630/month
6X4.5 $1400/month
7X3.5 $609/month
TOTAL REVENUE 186792$ PER YEAR
Building E:
Apartment no:
1XStudio $1000/month
2XStudio $800/month
3xStudio $900/month
4XStudio $975/month
5X3.5 $1250/month
6X4.5 $1275/month
7X3.5 $1050/month
8 X4.5 $1280/month
9x3.5. $1100/month
10x4.5. $710/month
Building F
1XStudio $660/month
2XStudio $700/month
3xStudio $700/month
4XStudio $750/month
5X3.5 $1200/month
6X4.5 $1200/month
7X3.5 $1200/month
8 X4.5 $1200/month
9x3.5. $1200/month
10x4.5. $1600/month
TOTAL REVENUE 249000$ PER YEAR
Building G
101X3..5 $1210/month
101BX3.5 $1050/month
102x3.5. $900/month
103X4.5 $1500/month
201X3.5 $1200/month
202X3.5 $950/month
203X3.5 $1180/month
204X3.5 $1175/month
205X3.5 $1200/month
206x3.5 $1220/month
301x3.5 $975 /month
302X3..5 $920/month
303x3.5. $850/month
304X3.5 $1200/month
305X3.5 $900/month
401X3.5 $950/month
402X3.5 $900/month
403x3.5 $750/month
404x3.5. $1200 /month
405x3.5 $1000/month
406x3.5 $1000/month
TOTAL REVENUE 289560$ PER YEAR
Total revenue for all the 4 buildings : $939,984
Additional revenue from laundry machines + 2 parking spaces :
$8400 per year
GROSS REVENUE: $948,384 PER YEAR
3. EXPENSES ;
$104,393 per year
MUNICIPAL TAXES: $11024+$11304+$10896+ $24552= $57776
School taxes:
$1445+$1482+$1427+$3115=$7469
Insurance: $6619+$6439+$7340+$12750= $33148
Electricity:
$6000 per year
Management:
There is one janitor living in the building ,who takes care of all the
units and has free rent for a 2 bedroom apartment
UTILITIES:
Everything is paid by the tenants, except the studios, where the
landlord pays for the electricity around $6000/year
Mortgage:
Building delivered free and clear
Location of the buildings:
All the buildings are attached, within the same block, just steps away from public transportation,
Metro, shopping centres, bicycle path, university, college, JGH, St Mary hospital , parc and much more.
Plenty of parking spaces available in the street
The building has tons of potential ,in the right hand.
Financials (USD)
Net Operating Income (Annual) Not Disclosed
Asking Price $15,182,643
Converted From CAD
Exchange Rate $0.72
Cap Rate Available On Request
Deal Terms
Broker Co-Op? Available On Request
Seller Financing Available? Available On Request
Seller Willing To Lease? Available On Request
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