$2,200,000
13 plex for sale - Laval (Laval-Ouest)
$2,200,000
$2,200,000
13 plex for sale - Laval (Laval-Ouest)
$2,200,000
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120 Boul. Ste-Rose, Laval (Laval-Ouest), H7R 1R2
Multiplex for sale in Laval. 16.7 times gross income, 70% renovated. CMHC mortgage $1,465,746 over 40 years, 2.80% fixed until June 2027, only 33% down payment required. Exceptional location facing the river, and the prestigious Laval Sur Le Lac golf course; all less than 10 min from the 13, 440 and Ste-Dorothée station (future REM station). This turnkey investment offers immediate profitability, coupled with strong mid-term appreciation potential. Building composition: 3 x 4 ½ (New construction 2021); 1 x 3 ½ (Renovated) + 2 x 2 ½ (half renovated); 7 x 1 ½ (half renovated).
-
Lot area:
10,522 SF - NUMBER OF ROOMS : 0
- Year built : 1940
Building details and property interior
61'8" X 70'11" Irregular
1940
5,119.32 SF
Aluminum , PVC
Sliding , Casement , French door
Poured concrete
Elastomeric membrane
Ceramic , Laminate floor
Concrete
Addenda
Annual income and expenses
Potential gross income: $132,025
MRB: $16.7
Price per Door: $169,231
Vacancies & delinquencies (CMHC): $3,995
Effective Gross Income (EGI): $128 064
Expenses: $48,612
Net Income: $79,453
Cap Rate: 3.61
Down payment: 33%: $734,254
Mortgage (Balance at September 1, 2023): 67%: $1,465,746
Fixed payment until June 2027: 2.80%: $62,015
Average principal repayment to June 2027: $22,331
Average interest payment until June 2027: $39,684
Cash flow: $17,438
Return on capital outlay: 5.42%
Expenses and revenues are normalized according to CMHC calculations as of September 1, 2023.
Building details and property interior
61'8" X 70'11" Irregular
1940
5,119.32 SF
Aluminum , PVC
Sliding , Casement , French door
Poured concrete
Elastomeric membrane
Ceramic , Laminate floor
Concrete
Lot and exterior features
117'5" X 163'7" Irregular
10,521.72 SF
Access : RIVIERE
View of the water
Asphalt
Driveway : 14
Highway , Daycare centre , Golf , Hospital , Park , Bicycle path , Elementary school , Réseau Express Métropolitain (REM) , High school , Commuter train , Public transportation
Commercial , Residential
Characteristics
Electric baseboard units
Electricity
Laundry room
Municipality
Municipality
Included & Excluded
according to the leases
according to the leases
Financial details
Assessment (2020)
Taxes
- (2023)
- (2023)
Gross yearly revenu (potential)
Annual Expenses
Energy
NEIGHBOURHOOD STATISTICS
-
18.9%
-
18.7%
-
21.7%
-
13.4%
-
27.3%
-
60.3%
-
18.2%
-
4.6%
-
14.5%
-
2.4%
MORTGAGE PAYMENTS CALCULATOR
- These online tools were created to help you plan and achieve your goals, and to answer your housing questions. They are for personal use only.
- The results are based on the information you enter. Please contact your caisse advisor for more specific advice, for if you would like to apply for a loan or pre-approval.
-
Calculations are made using the following basic assumptions:
- The mortgage interest rate stays the same throughout the amortization period.
- The results of this calculator are estimates based on the general information you’ve entered. They can change depending on your financial situation and budget when the loan is granted.
- Note: This tool is intended to help you calculate and optimize your payments on a current mortgage loan, or one you are considering. These rates do not include any life or disability insurance. They are subject to change without notice. Some conditions apply.
Financial details
Assessment (2020)
Taxes
- (2023)
- (2023)
Gross yearly revenu (potential)
Annual Expenses
Energy
My name is NICOLAS BEL INC., RE/MAX real estate broker. How may I help you?
Do you have a question?
NICOLAS BEL INC.
RE/MAX DU CARTIER | 7085 boul. St-Laurent, Montréal (Villeray/Saint-Michel/Parc-Extension), Québec, H2S 3E3
- Ofc. : 514-278-7170 |
- Fax : 514-278-2109
MANUEL RAMOS
RE/MAX DU CARTIER | 7085 boul. St-Laurent, Montréal (Villeray/Saint-Michel/Parc-Extension), Québec, H2S 3E3
- Ofc. : 514-278-7170 |
- Cell. : 514-995-2431
- Fax : 514-278-2109
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Hello, my name is NICOLAS BEL INC., real estate broker. Contact me for more information.
Hello, my name is MANUEL RAMOS, real estate broker. Contact me for more information.
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- These online tools were created to help you plan and achieve your goals, and to answer your housing questions. They are for personal use only.
- The results are based on the information you enter. Please contact your caisse advisor for more specific advice, for if you would like to apply for a loan or pre-approval.
-
Calculations are made using the following basic assumptions:
- The mortgage interest rate stays the same throughout the amortization period.
- The results of this calculator are estimates based on the general information you’ve entered. They can change depending on your financial situation and budget when the loan is granted.
- Note: This tool is intended to help you calculate and optimize your payments on a current mortgage loan, or one you are considering. These rates do not include any life or disability insurance. They are subject to change without notice. Some conditions apply.
