|Land:||227.26 m² (2,446.21 ft²)|
Rarely available and beautiful 8 unit multi-family building in Shaughnessy Village in Downtown Montreal, Ville-Marie. Near four Colleges and Universities (notably Concordia University), countless restaurants and amenities, and just two blocks from Guy-Concordia and Atwater Metro Stations. Adjacent to Westmount in a location with exceptional demand for quality rentals. Walkscore of 99 (source Walkscore.com). A walk to everything.
Market rents have increased dramatically in recent years in this neighbourhood, with units renting at some of the highest rates in the city. Renovated suites can achieve double the rents in place. This building offering exceptional upside, as most units are rented well below market. Currently, the average in place unit rent is only $833 / month, indicating potentially over 100% gross rental upside. The current average rents based on unit size are: $560 for the 1.5, $805 for the 3.5 + Den, $800 for the 4.5, $930 for the 4.5 + Den, and $920 for the 5.5 units (heat and hot water paid by landlord).
This part of the city has seen incredible population growth, estimated at 13.4% from 2012-2017 and has forecast growth of 11.11% from 2017-2022. The median age is just 33.0 years old. Strong household average income of$82,532 for 2017 estimated (source Tetrad, 1Km radius). 48% of the population is between ages 20 and 44, and 23% of those who live in the area choose so to be close to the numerous educational institutions (source City of Montreal's web site about the borough and Shaughnessy Village).
|Hot water:||Tenant paid|
|Land:||10,403.9 m² (111,986 ft²)|
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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.
|Land:||2,570.1 m² (17,916 ft²)|
Rare opportunity to own 94 units with incredible upside in the Ville Saint Laurent market. Easy-access to Hwy 15, Hwy 40 and Hwy 13 and direct access to Du College Metro Station via bus 202. Large and bright apartments in clean and professionally managed buildings. Excellent location near all services with a Walk Score of 72 (source Walkscore.com). Close to several employment hubs. The neighbouring properties are smaller plexes. The buildings are built between 1976 and 1978 as per the city of Montreal.
Significant upside in rents. The average rents in place as of January 2018 are: $580 for the 2.5, $635 for the 3.5 and $693 for the 4.5 and $410 for the 5.5. Heat & water are included in the rents. Heating is via older, less efficient furnaces offering savings on replacement. 92 underground parking stalls offer a substantial opportunity to add additional revenue. Many current tenants have their own washing machines-opportunity for correction. The roofs have been well maintained, with additional gravel added as needed. Heating and hot water are gas (owner paid), the tenants pay their own electricity.
This part of the city has seen exceptional population growth, estimated at a phenomenal 12.0% from 2012-2017 and has forecast population growth of 8.0% from 2017-2022. The median population age is excellent at 37.1 years old. Strong household average income estimated at $77,428 for 2017 (source Tetred, 1 Km radius). With 4,600 different companies and 105,000 jobs, this borough of Ville Saint Laurent is the second most important in Montreal for employment after downtown Montreal (source of information, Ville de Montréal, arrondissement de Saint-Laurent).