8 bedrooms
3 bathrooms
Lot dimensions 2,500 ft² (232.26 m²)

Owners’ comments

Automated translation

DESCRIPTION
Building already divided into divided condos (separate sales possible) with a condominium already functional and already registered in the Register. The building has a condo of 4 ½ rooms and 2 condos of 5 ½ rooms. It would be easy for a potential purchaser to operate it as a rental triplex or to sell each condo separately. The building is in an ideal geographical location. Rental of apartments in the area is easy and fast.

Current tenants are good tenants. They have all been pre-approved according to their credit records and they all have a good job. No arreas on rental leases.

The current occupancy rate is 100% until 30/06/2021. Electricity is at the expense of the tenants and hot water is at the owner's expense.

The current owner has taken care to maintain his building well over the years. It takes care of its tenants and appreciates when it is clean and well maintained.

Close to everything; elementary school, high school, grocery stores, shopping mall, buses, community services, etc.

Take advantage of a low municipal assessment to reduce your taxes. (The evaluation is still based on the old evaluation prior to conversion to split condominium (2015)).

All condos have a washer/dryer entrance and a dishwasher slot.


RENOVATIONS
-Roofing
-Windows and doors -Kitchens and bathrooms
-Exterior cladding
-Balconies, steps and ramps
-Garage/shed
-Parking

-Fence -Electric heating system and electrical panels
-Water heater (2015)
-Painting

FINANCIAL DETAILS (2020-2021) Current Gross
Revenues $30.000.00
Insurance $939.58
Energy $834.94 School
Taxes $247.34 Municipal
Taxes $3,864.00 Net
Revenues $24,053.96

Yield
Considering an annual gain of 1.00%, the rate of return on the building is 6.87%.

Complete Description
Complete Description

Property features

Year of construction
1968
Building dimensions
2,070 ft² (192.31 m²)
General condition
Excellent
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
South-West
Number of parkings
3
Municipal evaluation's date
2017
Lot's municipal evaluation
$95,700
Building's municipal evaluation
$251,300
Taxes year
2020
2 Bedroom
1
3 Bedroom
2

External facing:

  • Brick
  • Fibre cement

Foundation:

  • Cast concrete

Roof:

  • Elastomer membrane

Floor coverings:

  • Hardwood
  • Ceramic
  • Linoleum

Windows:

  • PVC

Heating source:

  • Convectair
  • Electric

Electric system:

  • Breakers panel

Features:

  • Shed
  • Ceiling fixtures
  • Blinds

Kitchen:

  • Melamine cabinets

Bathroom:

  • Bath and shower

Upgrades:

  • Cabinets
  • Heating
  • Kitchen
  • Electrical
  • Windows
  • Insulation
  • External facing
  • Floors
  • Plumbing
  • Doors
  • Bathrooms
  • Roof
  • Painting
  • Foundation
  • Shed
  • Terrace

Parking / Driveway:

  • Outside
  • Crushed Gravel

Location:

  • Highway access
  • Near park
  • No backyard neighbors
  • Residential area
  • Public transportation

Lot description:

  • Flat geography
  • Fenced
  • Corner lot
  • Patio/deck

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School

Near Recreational Service:

  • Gym
  • Sportif center
  • Library
  • Casino
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bathroom
Storey: 1st floor
Dimensions: 9' x 8' (2,74 m x 2,44 m)
Flooring: Ceramic
Bedroom 1 (Primary)
Storey: 1st floor
Dimensions: 11' x 10' (3,35 m x 3,05 m)
Flooring: Hardwood
Bedroom 2
Storey: 1st floor
Dimensions: 10' x 10' (3,05 m x 3,05 m)
Flooring: Hardwood
Bedroom 3
Storey: 1st floor
Dimensions: 10' x 10' (3,05 m x 3,05 m)
Flooring: Hardwood
Kitchen
Storey: 1st floor
Dimensions: 12' x 11' (3,66 m x 3,35 m)
Flooring: Vinyl
Living room
Storey: 1st floor
Dimensions: 11' x 11' (3,35 m x 3,35 m)
Flooring: Hardwood
Bathroom
Storey: 2nd floor
Dimensions: 9' x 8' (2,74 m x 2,44 m)
Flooring: Ceramic
Bedroom 1 (Primary)
Storey: 2nd floor
Dimensions: 11' x 10' (3,35 m x 3,05 m)
Flooring: Hardwood
Bedroom 2
Storey: 2nd floor
Dimensions: 10' x 10' (3,05 m x 3,05 m)
Flooring: Hardwood
Bedroom 3
Storey: 2nd floor
Dimensions: 10' x 10' (3,05 m x 3,05 m)
Flooring: Hardwood
Kitchen
Storey: 2nd floor
Dimensions: 12' x 11' (3,66 m x 3,35 m)
Flooring: Laminate
Living room
Storey: 2nd floor
Dimensions: 11' x 11' (3,35 m x 3,35 m)
Flooring: Hardwood
Bathroom
Storey: Lower
Dimensions: 9' x 8' (2,74 m x 2,44 m)
Flooring: Laminate
Bedroom 1 (Primary)
Storey: Lower
Dimensions: 10' x 10' (3,05 m x 3,05 m)
Flooring: Laminate
Bedroom 2
Storey: Lower
Dimensions: 10' x 10' (3,05 m x 3,05 m)
Flooring: Laminate
Kitchen
Storey: Lower
Dimensions: 12' x 11' (3,66 m x 3,35 m)
Flooring: Laminate
Living room
Storey: Lower
Dimensions: 11' x 11' (3,35 m x 3,35 m)
Flooring: Laminate
Storage space
Storey: Lower
Dimensions: 10' 10" x 10' (3,3 m x 3,05 m)
Flooring: Concrete
$$$$,$$$
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Triplex

Vanier Québec Rive-Nord

No. 918838

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