10966446

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7-plex à vendre -11470 Langlier
11470 Boul. Langelier, Montréal-Nord H1G 3L5- À VENDRE - FOR SALE

PRICE

MUNICIPALITY

REGION

TYPE OF CONSTRUCTION
DATE OF CONSTRUCTION

$988 000

Montréal-Nord
Montréal
Semi-detached 7plex

1967

Municipal Eval. 2022
Municipal Taxes 2022

School Taxes 2021

DIMENSION OF LOT
DIMENSION OF BUILDING

$ 666 300

$6 011 

$  647

50′ X 90′

42′ x 48′ IRR

7×4.5

7×2

7

3 int-2 ext

Great investment opportunity for anyone looking to buy in this area. Located near Henri-Bourassa. Very residential area in
high demand for rental. All but one (1) apartment are currently being rented out, and as of July 1st 2022 will bring in a solid
yearly revenue of $51,840 on six (6) apartments alone. Has the potential to bring in an additional $13,000+ of yearly revenue.
Immediate opportunity to start renovating and generate higher revenue. N.B.: The washer/dryer connections are in the
washrooms of each apartment.

#1 $690 – 2023-06-30
#2 $700  – 2023-06-30
#3 $800 – 2023-06-30
#4 $800 –
#5 $710  – 2023-06-30
#6 $710  – 2023-06-30
#7 $710  – 2023-06-30; TOTAL $61,440

Garages – Interior ideal for winter storage  for at least 3 automobiles $500 each = $1,500

Driveways – Exterior for 2 automobiles $160/m = $1,920

GARAGES & DRIVEWAYS  $3,420

POTENTIAL GROSS REVENUE  $64,860 with room to increase rents

OPERATING EXPENSES

  • Municipal Taxes (2022) $6,011
  • School Taxes (2021) $647
  • Energy – Electricity $280
  • Superintendant – help #1 $30/m, #5, $80/m $1,320
  • Insurance $6,244

TOTAL Operating Expenses $14,502

NET OPERATING REVENUE $50,358

 Gross Income Multiplier 15.232

Price per door $141,143

Price per room $35,286

Coefficient comparison of nbr of rooms 4

Total number of rooms 28

New certificate of location ordered. Seven hot water heater; see declaration of the seller.

Bicycle path, CEGEP, Daycare centre, Elementary school, High school, Highway, Park, Public transportation, Réseau Express Métropolitain (REM), shopping malls

As Expert brokers, we speak Real Estate.
DO NOT HESITATE TO CONTACT US!

BUY OR SELL, WE WILL ASSIST YOU EVERY STEP OF THE WAY

Angelo Marguglio, Prop. Directeur d'agence

Angelo Marguglio 514-384-3400

Owner and Director, Chartered Real Estate Broker
Residential & Commercial

PALMA MARGUGLIO, Courtier imm. COURTIERS ENNA 514-880-4475

Palma Marguglio 514-880-4475

Real Estate Broker
Residential & Commercial

TO SELL YOUR PROPERTY, CONTACT US FOR A FREE ESTIMATION

#101 - 2494 Henri-Bourassa East Blvd., Montreal (Ahuntsic), Quebec H2B 1T9 Canada

514-384-3400

Call us ; we will respond as soon as possible. Available 7 days a week by appointment

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