Montréal, QC
1700 Boul. St-Joseph E

Price: USD 1,386,109

Status: Sale

Type: House

Zipcode: H2H 1V6

This multi-residential building of 11 units situated in Le Plateau benefits from an attractive façade and high-visibility location from both automobile and pedestrian traffic. Neighboured by Sir Wilfred Laurier and Lafontaine parks, boutiques and restaurants bordering Laurier East, UQAM campus, as well as a number of amenities on Mount Royal. \r \r** Addendum \rRénovations:\r- Fenêtres 2000 à 2001 $42 665 \r- Balcons 2001 $11 000 \r- Toiture 2002 $9 087 \r- Plomberie (complet) 2006 $20 836 \r- Système de chauffage 2007 $20 976 \r- Enveloppe extérieure 2007 et 2011 $22 846 \r- Portes et escaliers 2002 à 2010 $56 391 \r\r*The building features a variety of units mainly, spacious 2 bedroom apartments as well a commercial unit, occupying a 1 bedroom apartment. The property is in close proximity to commodities surrounding and very easily accessible to Metro Laurier, only steps away. The metro allows tenants to travel to Downtown Montreal in less than 15 minutes via the orange line. \r\r*Renovations:\rWindows 2000-2001, Balconies 2001, Roof 2002, Plumbing (complete) 2006, Heating System 2007, Exterior Envelope 2007 and 2011, Doors and stairs 2002-2010. \r\r*Expenses:\r-Insurance $6,717\r-Electricity $503\r-Gaz $8,931\r\r*One apartment 3 1/2 unit is rented as a office space to an individual lawyer\rThe 6 1/2 may be considered a 7 1/2\r\r** Number of Units 11 Residentials\r\r2 Unit - 2 1/2 type \r3 Unit - 3 1/2 type \r5 Unit - 4 1/2 type \r1 Unit - 6 1/2 type \r\r** Total 11\r\r** Potential Gross Revenue (2015-06-22) \r * Residential $123,936 \r * Commercial - \r * Parking/Garages: $2,400 ;\r * Other \r ** Total - $126,336 \r\r**Vacancy Rate and Bad Debt \r Residential \r Commercial \r Parking/Garages \r Other \r** Total\r\r** Effective Gross Revenue - $126,336 .\r\r** Operating Expenses \r * Municipal Taxes (2015) - $12,225 ;\r * School Taxes (2015) - $2,046 ; \r - Infrastructure Taxes \r - Business Taxes \r - Water Taxes \r * Energy - Electricity - ;\r - Energy - Heating Oil ; \r Elevator(s) \r * Energy - Gas - $8,931 ;\r Elevator(s) \r * Insurance - ;\r - Cable (TV) - ;\r - Superintendant \r - Sanitary Container \r - Snow Removal \r * Maintenance ;\r -Equipment (Rental) \r - Common Expenses \r - Management/Administration \r - Garbage \r - Lawn \r - Advertizing \r - Security \r - Recovery of expenses \r ** Total Operating Expenses - $23,202\r** Net Operating Revenue - $103,134.\r\r** Monthly Revenue (residential) - 11 unit(s)\r**\r** Annual Potential Gross Revenue (residential) $123,936 (2015-06-23) \r\r** Other Monthly Revenue (Parking/Garages):\r\r** Annual Potential Gross Revenue (Other) $2,400 (2015-07-15) \r

Brokered And Advertised By: Royal LePage du Quartier
Listing Agent: Amy Assaad More Details

Courtesy of
  • Royal LePage du Quartier

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