- 1 Bedrooms
- 1 Bathrooms
- Calculators
- 68 walkscore
Description
Semi-Commercial Quintuplex located in the heart of Ville-Émard, 5 minutes walking distance from Monk Metro and centrally located from shops and services. 4 x semi-closed 3 1/2 units and 1 commercial tenant. NOI for 2020-2021: $50,929. Building to be sold jointly with 6421-6429 Blvd. Monk (Centris# 26381307). Visits only upon accepted offer.
* Excellent investment opportunity. * Opportunity to renovate for greater revenue optimization and growth. * Long standing reliable tenants (both residential and commercial) - See Premises and Lease Document DL28712 for rental details. * Commercial tenant : Liberal Party of Canada * Well maintained over the years by the current owner. * Most windows and front doors of each apartment have been replaced in 2011-2012. * New Asphalt and Gravel roof - 2006 * All utilities paid by tenants (residential and commercial) * Commercial tenant pays $5,657 of business tax in addition to net rent. * Future Rent increase for commercial space (6415) : $2,000 as of Nov 1, 2020
Inclusions : 5 Hot Water Tanks, 1 Air Conditioning Unit (in Commercial Space)
Exclusions : Tenants personal belongings (residential and commercial)
| Liveable | N/A |
|---|---|
| Total Rooms | 3 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Powder Rooms | 0 |
| Year of construction | 1923 |
| Type | Quintuplex |
|---|---|
| Style | Attached |
| Dimensions | 16.79x7.62 M |
| Lot Size | 191.1 MC |
| Insurance | $ 2128 / year |
|---|---|
| Recovery of expenses | $ -5657 / year |
| Municipal Taxes (2020) | $ 6669 / year |
| School taxes (2020) | $ 591 / year |
| lot assessment | $ 129900 |
| building assessment | $ 380400 |
| total assessment | $ 510300 |
Room Details
| Room | Dimensions | Level | Flooring |
|---|---|---|---|
| N/A | |||
Charateristics
| Heating system | Electric baseboard units |
|---|---|
| Water supply | Municipality |
| Heating energy | Electricity |
| Windows | PVC |
| Siding | Brick |
| Proximity | Highway, Hospital, Park - green area, Elementary school, High school, Public transport, Daycare centre |
| Basement | Partially finished, Low (less than 6 feet) |
| Parking | Outdoor |
| Sewage system | Municipal sewer |
| Window type | Hung |
| Zoning | Commercial, Residential |
Neighbourhood Demographics
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