9380 MAGLOIRE-LAVALLÉE, MIRABEL - 24 UNITS Francois Gagnon - PMML
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9380 MAGLOIRE-LAVALLÉE,
MIRABEL
24 UNITS FOR SALE
Francois Gagnon
CELL PHONE
514-927-1837
EMAIL
francois@pmml.ca
PMML.CA
Descriptive sheet generated on : 2021-09-28 17:37
AC.LMMP
PROPERTY
DESCRIPTION
BUILT IN 2019 in Mirabel. The Boisé Laurier sector has grown
since 2017 and the vacancy rate has been at 0% since the start.
Rental demand is very strong for this type of condo-style unit
offering: Air conditioning, air exchanger, contemporary design
and more. Financing plan in place.
H IGH L IGH TS
CONSTRUCTION 2019
The 4.5 in the sector rent for $ 1150 / month
Recent and complete shopping area nearby
Municipal tax in Mirabel is the lowest in Quebec
ASKING PRICE
5 375 000 $
Descriptive sheet generated on : 2021-09-28 17:37
CO M M E RCIA L RE A L E STATE A G E N CY A N D M O RTG A G E BRO KE RA G E F IRM 
NUMBER OF UNITS
4 x 5.5 + 16 x 4.5 + 4 x 3.5
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NUMBER OF
PA R K I N G S
48
RESPONSIBILITY RESPONSIBILITY
F O R H O T WAT E R F O R H E AT I N G
Tenants Tenants
RESPONSIBIL ITY FOR APPL IANCES
Tenants
Descriptive sheet generated on : 2021-09-28 17:37
CO M M E RCIA L RE A L E STATE A G E N CY A N D M O RTG A G E BRO KE RA G E F IRM 
AC.LMMP
9380 Mag loire-L avallée, Mirab el
Descriptive sheet generated on : 2021-09-28 17:37
CO M M E RCIA L RE A L E STATE A G E N CY A N D M O RTG A G E BRO KE RA G E F IRM 
BUILDING DESCRIPTION
G ENERAL MUNICIPAL
INFORMATIONS ASSESSMENT
CADASTRAL NUMBER LAND
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6 228 497, 6 228 498, 6 228 499 260 050$
LAND AREA BUILDING
60181 2 446 500$
TOTAL
2 707 000$
CONSTRUCTION
YEAR BUILT
2019
BUILDING TYPE
Detached
CONSTRUCTION TYPE
Brick and wood
OTHER INFORMATION
SIGNIFICANT CAPIT AL EXPENDIT URES
IN T HE LAST 10 YEARS
Recently constructed building
OT HER INFORMAT ION
Wall-mounted air conditioning and Air exchanger
Double thickness wall for superior soundproofing
A Very strong rental demand in the sector
All projects in the sector have been 100% rented before the end of construction
The remarks, descriptions, features and financial projections contained in the present document are for information only and should not be considered as being official or accurate without due
diligence verification. The information herein disclosed comes from sources that we consider to be reliable, but for which we cannot guarantee the accuracy. It is upon the buyer’s responsibility to
verify all the information and to declare himself satisfied or not of his due diligence verification performed after an accepted promise to purchase.
Descriptive sheet generated on : 2021-09-28 17:37
CO M M E RCIA L RE A L E STATE A G E N CY A N D M O RTG A G E BRO KE RA G E F IRM 
AC.LMMP
FEATURES
HEATING SYSTEM ENVIRONMENTAL STUDY
Electric baseboard; Wall- To be updated
mounted air conditioner
CONDITION OF ROOF
HOT WATER SYSTEM Shingles 35 years
Independent tanks
SIDING
ELECTRICAL PANELS Brick, steel vinyl
Circuit breakers
CONDITION OF BALCONIES
PLUMBING Fiberglass and aluminum ramps
Pex
CONDITION OF DOORS
WASHER AND DRYER OUTLET New; Star Energy
Inside the units
CONDITION OF WINDOWS
LAUNDRY New; Star Energy
None
PARKING SURFACE
CONDITION OF THE KITCHENS Asphalt
Contemporary with stainless steel
hood INTERCOM SYSTEM
Intercom
CONDITION OF THE BATHROOMS
Separate bath and shower FIRE ALARM SYSTEM
Central panel
FLOOR COVERING
Floating flooring superior quality JANITOR AGREEMENT
Employed
OTHER INFORMATION
Air exchange
Descriptive sheet generated on : 2021-09-28 17:37
CO M M E RCIA L RE A L E STATE A G E N CY A N D M O RTG A G E BRO KE RA G E F IRM 
REVENUE
% RPU(M)
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RESIDENTIAL 275 760 $ 100 % 958 $
COMMERCIAL
PARKING
LAUNDRY
STORAGE
TOTAL REVENUE 275 760 $ 100 % 958 $
EXPENSES
YEARLY %/GR CPU
VACANCY/BAD DEBT CMHC 8 273 $ 3% 345 $
ADMINISTRATION CMHC 13 788 $ 5% 575 $
MUNICIPAL TAXES Estimated 20 093 $ 7% 837 $
SCHOOL TAXES Estimated 2 676 $ 1% 112 $
INSURANCE Actual 6 439 $ 2% 268 $
ELECTRICITY Estimated 2 466 $ 1% 103 $
HEATING
SNOW REMOVAL Actual 2 127 $ 1% 89 $
ELEVATOR
EQUIPMENT RENTAL
MAINTENANCE RESERVE Estimated 6 000 $ 2% 250 $
WAGES/JANITOR Estimated 4 440 $ 2% 185 $
FURNITURE RESERVE
Actual 2 152 $ 1% 90 $
TOTAL EXPENSES 68 454 $ 25 % 2 852 $
NET INCOME 207 306 $ 8 638 $
Descriptive sheet generated on : 2021-09-28 17:37
CO M M E RCIA L RE A L E STATE A G E N CY A N D M O RTG A G E BRO KE RA G E F IRM 
FINANCING
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CONVENTIONAL CMHC ASSUMPTION
MAXIMUM LOAN AMOUNT 3 706 133 $
FINANCING CAP RATE 4.5 %
DEBT COVERAGE RATIO
INTEREST RATE 2.67 %
AMORTIZATION 40 Years
TERM Novembre 2029
C A S H FLOW
CONVENTIONAL CMHC ASSUMPTION 1 & 2
NET REVENUE 207 306 $
ANNUAL MORTGAGE COST 153 896 $
NET CASH AFTER MORTGAGE 53 410 $
RETURN ON INVESTMENT ON ASKING PRICE
CASHDOWN NEEDED 1 668 867 $
CASH ON CASH RETURN 3.20 %
RETURN ON LIQUIDITY +
CAPITALIZATION
6.56 %
IRR WITH 2% MARKET APPRECIATION 13.00 %
COST PER GROSS REVENUE NET REVENUE FINANCING
UNIT MULTIPLICATOR MULTIPLICATOR CAP RATE
223 958 $ 19,5 25,9 3.86 %
Descriptive sheet generated on : 2021-09-28 17:37
CO M M E RCIA L RE A L E STATE A G E N CY A N D M O RTG A G E BRO KE RA G E F IRM 
AC.LMMP
Descriptive sheet generated on : 2021-09-28 17:37 Portfolio Magloire-Lavallée Mirabel
CO M M E RCIA L RE A L E STATE A G E N CY A N D M O RTG A G E BRO KE RA G E F IRM 
AC.LMMP
Descriptive sheet generated on : 2021-09-28 17:37 Portfolio Magloire-Lavallée Mirabel
CO M M E RCIA L RE A L E STATE A G E N CY A N D M O RTG A G E BRO KE RA G E F IRM AC.LMMP
Descriptive sheet generated on : 2021-09-28 17:37 Portfolio Magloire-Lavallée Mirabel
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