Carmine Padula Royal LePage

+
Carmine Padula

Carmine Padula
Real estate broker

Cellular : 514-886-2541
Office : 514-360-8480
Fax :


Revenue property for sale, Montréal (Montréal-Nord) |
$8,000,000

Print Back to properties
Frontage
Frontage
1/28   Frontage
Hallway
2/28   Hallway
Hallway
3/28   Hallway
Corridor
4/28   Corridor
Living room
5/28   Living room
Living room
6/28   Living room
Living room
7/28   Living room
Kitchen
8/28   Kitchen
Bedroom
9/28   Bedroom
Bedroom
10/28   Bedroom
Bedroom
11/28   Bedroom
Bathroom
12/28   Bathroom
Bathroom
13/28   Bathroom
Common room
14/28   Common room
Common room
15/28   Common room
Common room
16/28   Common room
Other
17/28   Other
Other
18/28   Other
Other
19/28   Other
Balcony
20/28   Balcony
Balcony
21/28   Balcony
Backyard
22/28   Backyard
Backyard
23/28   Backyard
Other
24/28   Other
Other
25/28   Other
Other
26/28   Other
Parking
27/28   Parking
View
28/28   View

6151, Boul. Henri-Bourassa E., Montréal (Montréal-Nord)
Centris No. 28776416


Great building in excellent condition and well maintained. Sellers are committed to finance an amount of $6M over 2 years at an interest rate of 2%. The seller has in his possession plans to build a 4 1/2, a 3 1/2 and 2 studios by transforming the dining room and the office (electrical panels are already installed).

Detailed information

Characteristics

Property Type
Revenue property
Year of construction
1969
Type of building
Detached
Trade possible
Building dimensions
158.10 ft. x 72.00 ft. - irr
Living Area
Lot dimensions
Deed of Sale Signature
Zoning
Residential
Pool
Water supply
Municipality
Parking (total)
Driveway
Roofing
Garage
Siding
Lot
Windows
Topography
Window Type
Distinctive Features
Energy/Heating
Electricity
View
Basement
Proximity
Public transport, High school, Elementary school, Bicycle path, Park - green area, Hospital, Daycare centre, Cegep, Highway
Bathroom
Sewage system
Municipal sewer
Equipment available
Wall-mounted heat pump
Available services
Laundry room
Easy access
Elevator
Dimensions
Width of the building
158.10 ft.
Depth building
72.00 ft.
Lot dimensions (Sq. ft.)
25,145.00 sq. ft.
Fees and taxes
School taxes :
$5,740 (2021)
Municipal Taxes :
$50,280 (2021)
Total
$56,020
Municipal evaluation
Year
2021
Lot
$887,700
Building
$4,972,400
Total
$5,860,100
Expenses / Energy (per year)
Energy cost
$11,714
Insurance
$13,295
Annual Gross Revenue (Potential)
Residential
$515,508
Parkings
$7,560
Other
$15,600
Total revenue
$538,668
Read more Read less

Room dimensions

Room(s) : 4    |   Bedroom(s) : 2    |   Bathroom(s) : 1    |    Powder room(s) : 0

Room(s)
Level
Dimensions
Type of flooring
Additional information

Inclusions


14 wall mounted heat pumps, fire system (2021) of Mircom brand including Piezo + Klaxon in each apartment.

Exclusions


Tenant's belongings

Addenda


Great building in excellent condition and well maintained.

Sellers are committed to finance an amount of $6M over 2

years at an interest rate of 2%. The seller has in his

possession plans to build a 4 1/2, a 3 1/2 and 2 studios by

transforming the dining room and the office (electrical

panels are already installed). Potential to increase

revenues by $37,260 annually by adding 4 units.

Originally a 52 unit building. Upon purchase, the current

sellers converted the building to an independent living

facility for seniors. In February 2021, they decided to

convert the building back to rental. Therefore, only 13 of

the former tenants remained. The seller has managed the

residence and building himself for the past 34 years and

has maintained and renovated the building meticulously over

the years.

-Installation of fire alarm system in 2021 ($52,000).

Including Piezo + Klaxon in each apartment.

-Internet installation including Wifi and plugs in each

unit.

The buyer will have a huge potential to optimize this

building. Do not let this chance pass you by.

Read more Read less

Calculators

Purchase price :
Interest rate :
Amortization :
Down payment :
Mortgage amount :
Purchase price :
Payment :
You must specify the amount of the payment.
Payment frequency :
Interest rate :
Amortization period :
Request a visit or information