LISTED CERTIFIED FIVE(5)PLEX PLUS 1
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REVENUE: $49,000.00
POTENTIAL: $56,400.00
Apartments:
2 X 5 1/2
3 X 4 1/2
1 X 3 1/2
((( LOCATION-LOCATION-LOCATION )))
OWNER OCCUPANCY: Beautiful, renovated Home/5Plex located in high demand area of Saint Leonard Montreal. Large 5 1/2 available for immediate owner occupancy for Nov 1st, 2011. Respectful, friendly long standing tenants. Sun sets perfectly during summer months (west) on face side of building allowing beautiful natural light. Backyard tomato garden ready to be planted with established grape vines and pear tree. Fully functional Jacuzzi and outdoor bar installed and enclosed. The property is very well maintained and super-clean. Close to large manicured parks, community center, schools, hospitals, shopping malls, restaurants, bus transport 10min to central Montreal-metro-system then downtown.
INVESTORS: Protect your future with hard assets. Saint Leonard is considered the West-Mount of the East. With the bank offering less than 1% interest cash is the last place you want to be. This exceptional investment is now available to you. Present market value of this building is between $775,000 to $850,000. In October of 2011 a similar 5-Plex in Saint Leonard sold for $819,000 closing with only $31k in revenue. For verification please see real estate agent broker sales 2011.
Projected Market Value;
-5yrs 2017 > $1,100,000.00 (one million one hundred thousand dollars)
-10yrs 2022 > $1,600,000.00 (one million six hundred thousand dollars)
This building has revenue of $49,000 with potential of $56,400. Please see projected rental targets for Saint Leonard/Montreal page. Heating, electrical, water & garbage taxes tenants responsibility. Many new renovations throughout the building over the years by present owner.
Building is priced lower than market due to no excessive real estate agent fees, this advantage is to the buyer.
Additional information please call 514.646.1697 leave name and phone number for return call within 24hrs.
Please allow 24-48 hrs for viewing,. we respect our tenants > serious callers only.
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Magnifique 5-Plex situe dans un secteur tres en demande. Plusieurs renovation au cours des annees cuisine, salle de bains, etc..
Property Features
Driveway Details: Asphalt
Parking Spaces: 2
Exposure: West
Location Details: Close to All Services, Highway Access, Near Park, Near Schools, Public Transportation, Recreational/Community center, Hospitals, Fire Department, Police all near by.
"The Land Transfer Tax in Saint-Leonard, Quebec based on the selling price of $749,000.00 is $9,735.00."
* See the land transfer tax formula
+ Up to $50,000 X .5 % of total property value + From $50,000 to $250,000 X 1 % of total property value
From $250,000 up X 1.5 % of total property value
* MLS® and Multiple Listing Service® are trademarks of the Canadian Real Estate Association. PropertySold.ca Inc. is not associated with CREA or their trademarks. REALTORS® and REALTOR® are trademarks of the NATIONAL ASSOCIATION OF REALTORS®. PropertySold.ca Inc. is not associated with the NAR or their trademarks.
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