$4,549,000
16 units for sale - Ormstown
$4,549,000
$4,549,000
16 units for sale - Ormstown
$4,549,000
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1589 Ch. de la Rivière-aux-Outardes, Ormstown, J0S 1K0
Excellent opportunity for an investor who wants to benefit from a good interest rate at 2.53%, term 5 years, amort. 40 years, APH SELECT. Building of 16 units construction 2022! All 4 1/2 are large with high quality materials, condo style interior finish with electrical terminal. Gross income of $281,160/year. Located near services, schools, parks, etc. Take out your calculator it's worth the cost!
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Lot area:
44,411 SF - NUMBER OF ROOMS : 0
- Year built : 2022
Building details and property interior
82'6" X 65'3" Irregular
2022
PVC
Casement , French door
Poured concrete
Aluminum , , Brick
Elastomeric membrane
Addenda
* 16-unit building, construction 2022, located in ORMSTOWN, 43 minutes from Montreal via the 138.
* Potential gross revenue of $281,160/year
* 16 units X 4 1/2 of more than 1050 square feet
* High quality construction with Quartz countertops
* Elevator
* Camera system
* Large outdoor balconies and outdoor storage
* Independent laundry room, heat pump and central vacuum
* Large windows
* All apartments are rented and lots of optimization potential
*** APH SELECT CNÉB LEVEL 2 CERTIFICATE (ENERGY EFFICIENCY) ***
* Visit on accepted purchase offer only *
*** MANDATORY MORTGAGE ASSUMATION TO BENEFIT FROM A GOOD INTEREST RATE 2.53%, AMORT. 40YEARS, TERM 5 YEARS. ***
INCOME $281,160 starting July 1, 2023
EXPENSES
Municipal taxes $30,551 current (inc. reimbursement of garbage and recycling fees)
School taxes $1,500 Normalized
Insurance $5,245 Current
Maintenance $8,800 Normalized
Concierge $5,280 Normalized
Serv. pub. (energy) $6,480 Current
internet and cable $12,000 Current
Total expenses: $69,856
Building details and property interior
82'6" X 65'3" Irregular
2022
PVC
Casement , French door
Poured concrete
Aluminum , , Brick
Elastomeric membrane
Lot and exterior features
149'8" X 303'9" Irregular
44,410.82 SF
Driveway : 28
IGA , Highway , Daycare centre , Hospital , Elementary school , High school
Residential
Characteristics
Electric baseboard units
Electricity
Central vacuum cleaner system installation , Mobility impaired accessible , Elevator(s) , Fire detector , Air exchange system , Intercom , Outside storage , Alarm system , Wall-mounted heat pump
Municipality
Municipality
Financial details
Assessment
Taxes
Gross yearly revenu (potential)
Annual Expenses
NEIGHBOURHOOD STATISTICS
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33.6%
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19.3%
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20.6%
-
4.0%
-
14.4%
-
74.3%
-
9.8%
-
6.8%
-
9.1%
-
0.0%
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
Taxes
Gross yearly revenu (potential)
Annual Expenses
My name is MIGUEL OTINIANO, RE/MAX real estate broker. How may I help you?
Do you have a question?
MIGUEL OTINIANO
RE/MAX DU CARTIER | 3193 rue Ontario Est, Montréal (Mercier/Hochelaga-Maisonneuve) (Hochelaga-Maisonneuve), Québec, H1W 1P1
- Ofc. : 438-227-8437 |
- Cell. : 514-641-6836
- Fax : 514-278-2109
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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.
