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$3,600,000

28 apartments for sale - Rosemont/La Petite-Patrie (Nouveau-Rosemont)

$3,600,000

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$3,600,000

28 apartments for sale - Rosemont/La Petite-Patrie (Nouveau-Rosemont)

$3,600,000

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6825 28e Avenue, Rosemont/La Petite-Patrie (Nouveau-Rosemont), H1T 3J3

OPPORTUNITY! 28 apartments with gross income of $ 235,740. Well maintained, easy to rent and greatly renovated following a 2016 fire (from cooktop): over $ 1.3M in work. New roof, several renovated apartments, no fuses (all breakers), electricity by tenants, 2016 gas heating boiler, etc. See DV 68275 and Annex L. This one will sell fast!

  • Lot area: 7,175 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1965
DIANE SABOURIN
Certified real estate broker
Brokers tranquilit
AUDREY CYR
Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

87'6" X 57'1"

1965

Sliding

Brick , Stone

Built-in

Wood , Ceramic

Wood

Addenda
Particularities plusParticularities minus

SUPER OPPORTUNITY! SOUGHT-AFTER AREA OF ROSEMONT! 28 APARTMENTS!

Surrounded by numerous schools, daycare centers, parks, arenas, bike paths, supermarkets and shops. Walking distance of Jardin Botanique de Montréal, Institude cardiologie de Montréal, Hôpital Maisonneuve-Rosemont.

This propertly is located on a quiet street with low noise. Bus stop at corner of Bélanger street, going to Jean-Talon transit station and metro station St-Michel, both being at a 25 minutes walk. WalkScore: 67 BikeScore: 87

This is a great investment for an experienced investor looking to expand their portfolio with a stable purchase that also offers potential for optimization.

Well maintained, very easy to rent and greatly renovated following a fire that occurred in 2016 (cooking fire): more than $ 1.3M in work was carried out by a reputable contractor and via insurance on file.

Roof completely redone (structure, insulation, coating), several apartments and kitchens redone, new floors and bathrooms in 2016 in several units as well, etc.

No fuse in the building (circuit breakers everywhere), tenants electricity, hot water and gas heating by owner (2016 tank), Guard-X certificate of conformity.

The old system and fuel oil tank were retired in 2002 with Phase I and II environmental reports completed. A Phase I 2009 environmental report is available (with favorable conclusions).

The garage is occupied by the concierge and there are a few outdoor parking spaces at the back on the lane side. The laundry room is under contract with Coinamatic.

TO FIND OUT MORE:
- See the Lease Register (Annex L) with details on the condition of each accommodation (A, B, C), the age of the leases and rents (as of October 11, 2021).

- See the Vendor Declarations form #DV 68275 duly completed which will answer many of your questions.

- For expense, vacation, maintenance and management items, please use CMHC scales. Expenses with supporting documents are included in this form.

Potential Annual gross income: $ 236,112
Min.annual operating expenses: $ 83,931

For more information or documents, please contact Diane Sabourin, Certified Real Estate Broker AEO.

INTERESTED? Please note that each promise to purchase must be accompanied by Annex L, form DV 68275 and a proof of financial capacity or sufficient liquidity for the down payment. As the seller's representative is outside province of Quebec, please allow an acceptance period of at least 48 hours.

NOTICE OF DISCRETION: IN ORDER TO RESPECT THE TENANTS, VISITS ALLOWED FOLLOWING ACCEPTED PROMISE TO PURCHASE ONLY. No exception.

Building details and property interior
Particularities plusParticularities minus

87'6" X 57'1"

1965

Sliding

Brick , Stone

Built-in

Wood , Ceramic

Wood

Lot and exterior features
Particularities plusParticularities minus

87'6" X 82'

7,175.22 SF

Flat

on back alley

Driveway : 5 , Garage : 3

Daycare centre , Hospital , Park , Bicycle path , Elementary school , High school , Public transportation

Residential

Characteristics
Particularities plusParticularities minus

Natural gas

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Stoves and fridges included for 25 of the 28 apartments. Gaz hot water tank.

Furniture and tenant's belongings, including stove and fridge in three 4 1/2 apartments.

Financial details
Particularities plusParticularities minus
Assessment (2018)
Taxes
  • (2021)
  • (2021)
Gross yearly revenu (potential)
Annual Expenses
Energy
6825 28e Avenue, Rosemont/La Petite-Patrie (Nouveau-Rosemont), H1T 3J3
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 25.1%
  • 20.3%
  • 12.8%
  • 16.3%
  • 24.5%
  • 7.0%
  • 3.3%
  • 10.6%
  • 71.1%
  • 6.4%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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DIANE SABOURIN
Certified real estate broker
Brokers tranquilit
AUDREY CYR
Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2018)
Taxes
  • (2021)
  • (2021)
Gross yearly revenu (potential)
Annual Expenses
Energy
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