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33-39 3e Av 5 Unit Apartment Building £705,035 (£141,007/Unit) 6.97% Net Initial Yield Montréal, QC H8P 2H1

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INVESTMENT HIGHLIGHTS

  • Electrical heating system was completely redone in 2019;
  • Renovated all of the plumbing throughout the building in 2019
  • Transferred heating system from gas to electrical baseboards

EXECUTIVE SUMMARY

Fully furnished 5plex with a finished basement, sitting on a lot of 4,350 SF. Offering a high annual revenue of $87,600. Featuring 2 x 5 1/2 units, 2 x 4 1/2 unit and 1 x 6 1/2 unit. Private & large backyard with sunny dispositions, balconies, large outdoor storage for each unit and 3 parking spaces. Primarily located steps away from Verdun Beach, restaurants, parks, grocery stores and all other amenities

PROPERTY FACTS

Price £705,035
Price Per Unit £141,007
Sale Type Investment
Yield 6.97%
No. Units 5
Property Type Build-to-Rent
Property Subtype
Apartment
  • BTR - Shared Accommodation
Apartment Style Low-Rise
Costar Property Class B
Total Plot Size 0.10 ac
Property Size 4,350 sq ft
Average Occupancy 100%
No. Floors 2
Year Built 1990
Use Class H01-16 - Residential

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Heating
  • Yard

SITE AMENITIES

  • Controlled Access
  • Property Manager on Site
  • Recycling
  • Smoke Free
  • Storage Space

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT PCM sq ft
1+1 2 - -
2+1 2 - -
3+1 1 - -
Walk Score®
Easily Walkable (83)
Bike Score®
Good for cycling (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®
  • Listing ID: 26222921

  • Date on Market: 21/07/2022

  • Last Updated:

  • Address: 33-39 3e Av, Montréal, QC H8P 2H1

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