|Heating:||Gas (owner paid)|
|Hot water:||Gas (owner paid)|
|Land:||371.60 m² (3,999.87 ft²)|
|Parking:||4 indoor, 1 outdoor|
Stunning large corner building. Character building built in 1931 with numerous original features (stained glass, wood trim) and spacious suites. Ideally located in Ville-Marie just 2 blocks East of Parc La Fontaine, at the Intersection of the borough of Plateau Mont Royal (South of Sherbrooke East is Ville-Marie, North is Plateau Mont-Royal). Near Hospital Notre-Dame, countless restaurants, amenities, bus stops, and numerous schools. A walk to Papineau Metro Station. A short bus ride to the City Centre. Exceptional Walkscore of 93 (Source Walkscore.com). A walk to everything.
Units in this building are large and spacious, well updated, and retain much of their character. This building offers not only excellent current rents, but clear rental upside upon unit turnover. Currently, the average in place unit rent is $1,408 / month, indicating potentially over 25% gross rental upside. The current average rents based on unit size are: $597 for the 1.5, $1,448 for the 4.5, $1,110 for the 5.5, and $2,330 for the 7.5. Additionally, the hydro bill for unit 1950C is currently paid by the Landlord, which can be moved to the tenant upon turnover.
This part of the city has seen steady population growth, estimated at 3.4% from 2013-2018 and has forecast growth of 2.2% from 2018-2023. The median age is just 35.4 years old. Strong household average income of$62,636 for 2018 estimated, indicating a great base of renters. 48% of the population is between ages 20 and 39 (Source Tetrad, 1 Km radius). Demographics in this area support a renter profile willing to pay top rents for unique apartments.
|Heating:||Gas (owner paid)|
|Hot water:||Gas (owner paid)|
|Land:||1,1881.30 m² (20,250.15 ft²)|
Established and 100% tenanted multi-family building in an up and coming area of Dorval. Just South of Autoroute du Souvenir (HWY-20), a few minutes drive from Pierre-Elliott-Trudeau Airport, near the central Gare Lachine Train Station hub and University of Concordia. Just a 20-minute drive to Downtown Montreal. Walking-distance luxury condo projects are gentrifying this area.
The building offers tremendous upside in rents, with most units rented well below market. Average in place unit rents are only $579 / month, indicating strong upside potential. The average rents in place are: $478 for the 1.5, $611 for the 3.5, and $721 for the 4.5 units (heat & hot water paid by landlord with few exceptions). Our estimate shows rental upside potential of 14% over existing income. The building has an oversized, 40 stall indoor parking garage, which serves as an excellent additional revenue source.
Recent updates / renovations: high efficiency gas furnace system and high efficiency water tanks. Electricity break panels installed in each unit. UPVC windows. Balcony doors, fiberglass balcony floors. Most water shut off valves replaced. New Pex lines installed in 3 apartments. Counter tops replaced in approximately 30 apartments. Newer fridges and stoves in every unit. New washer and dryer in laundry room (coin operated). Elevator is fully functional but shut-off by current owner (nearby buildings do not offer an elevator).
This part of the city has seen steady population growth, estimated at 5.2% from 2012-2017 and has forecast growth of 4.3% from 2017-2022. The median population age is 43.6 years old. Strong household average income of $83,705 for 2017 (Source Tetrad, 3 Km radius).
|Hot water:||Tenant paid|
|Land:||10,403.9 m² (111,986 ft²)|
***FOR FULL CIM DETAILS PLEASE SIGN THE ATTACHED CONFIDENTIALITY INFORMATION AND RETURN TO firstname.lastname@example.org ***
Incredible investment opportunity for well established, mixed-use service centre between Montreal and Ottawa. Fully leased with triple net, long-term leases to franchisee’s of Pizza Hut, Burger King (with drive-thru), and Subway, along with the Hudson Inn Auberge (14 rooms) and Eggcellent restaurant. The Property is located at 100 RTE 201, Rigaud, QC (the “Property”) with highway visibility from both directions. Please contact us for more details.
|Land:||603.7 m² (6,498.17 ft²)|
In excellent shape and 100% occupied, this multi-family asset in
the borough of Ville-Marie is just a few minutes from downtown
Montreal and adjacent to two subway stations (Papineau and
Beaudry). WalkScore of 97 (tenants have no need for cars - source
Large, bright, well maintained units with lots of windows. Average in place unit rents as of July 2018 are only $848 /month, indicating strong rental upside; tenants paying their own water, heat and hydro (breaker panel in each unit). Average rents by size are: $723 for the 3.5, $883 for the 4.5, $981 for the 5.5 and $985 for the 6.5.
Pride of ownership in maintenance and upgrades shows throughout - same owner since 1989. Recent updates /renovations: Unit 1817: kitchen & bathroom, Unit 1823: washroom, Unit 1801: full renovation, Unit 1455: bathroom, Unit 1451: full renovation, Unit 1461: bathroom, Unit 1465: washroom & kitchen, Unit 1801: full renovation. When renovated, units received newly crystalized & varnished floors. All but one tenant provides their own washer, dryer (in unit), and appliances.
This part of the city has seen excellent population growth, estimated at 7.1% from 2012-2017, and has forecast growth of 5.4% from 2017-2022. The median population age is young at 37.7 years old. Strong household average income of$57,465 for 2017 estimated (source Tetrad, 1 Km radius).
The 15 units are: 7 X 3 1/2 , 2 X 4 1/2 , 4 X 5 1/2 and 2 X 6 1/2
|Land:||1,421.90 m² (16,381 ft²)|
|Parking:||3 indoor, 3 outdoor|
Established and 100% tenanted multi-family building in the borough of Cote-des-Neiges. Owned and managed by the same family since 1992. A short walk to all the services (walks score of 91, note 2). Two blocks to the South of Plaza Cote-des-Neiges. A walk to Plamondon Metro Station. The building is in great shape with many updates completed including the roof at 3900 Plamondon (2016), all new fiber glass balconies (2016-2017), brick and masonry work (2013), and a high efficiency furnace (2009).
Excellent unit mix with 10 X 3 ½, 8 X 4 ½, and 4 X 5 ½. Offers tremendous upside in the rents: average in place unit rents are only $739 / month (3 ½), $900 / month (4 ½), and $1,037 / month (5 ½) 5% - 10% below market rents. (Heat & hot water paid by landlord).
Bright and large units with lots of windows. Some kitchens and bathrooms have been renovated.
This part of the city has seen steady population growth, estimated at 5.2% from 2012-2017 and has forecast growth of 4.9% from 2017-2022. The median population age is young at 35.7 years old, perfect for the area’s job markets and the Universities found in the Cote-des-Neiges borough. Strong household average income of $74,478 for 2017 (note 1).
The Cote-Des-Neiges borough is home to many of Montreal’s landmarks and destinations, including: three major hospitals, Jewish General Hospital, Saint Mary’s Hospital, CHU Sainte Justine, Colleges Notre Dame, Jean de Brebeuf, The Oratoire Saint-Joseph, University of Montreal, HEC and many more destinations. Ease of transport and close proximity to downtown Montreal makes the Cote-Des-Neiges borough an easy choice for tenants to live in which is why with its 166,520 inhabitants on 21.4 sq. Km. the borough ranks as number 1 amongst Montreal’s 19 boroughs for population size.