PORTFOLIO SALABERRY SUR LE GOLF, SALABERRY-DE-VALLEYFIELD - 80 UNITS Patrick Beaulé - PMML

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PORTFOLIO SALABERRY SUR LE GOLF, SALABERRY-DE-VALLEYFIELD - 80 UNITS Patrick Beaulé - PMML
PORTFOLIO SALABERRY SUR LE GOLF,
          SALABERRY-DE-VALLEYFIELD
                                                    80 UNITS       FOR SALE

                                                                 Patrick Beaulé

                                                                    CELL PHONE
                                                                   514-465-1368

                                                                      EMAIL
                                                               patrick.beaule@pmml.ca

                                                               PMML.CA
                                                                     
Descriptive sheet generated on : 2022-02-24 04:34
PORTFOLIO SALABERRY SUR LE GOLF, SALABERRY-DE-VALLEYFIELD - 80 UNITS Patrick Beaulé - PMML
AC.LMMP

                                                             PROPERTY
                                                            DESCRIPTION

                           Located directly on the Golf Club and close to the St-Lawrence
                           River, this portfolio includes 5 buildings of 16 rental condos built
                             between 2018 and 2020 totaling 80 BIG 4 ½. The buildings
                             offer a superior level of quality and feature elevators, huge
                            terraces, storage, triple patio doors and underground parking
                                                for the newest building.

                                           H IGH L IGH TS
                         Very recent construction and of superior quality
                       Oversized balconies, elevators and triple patio doors
                     Directly on the golf course and near the St-Laurent River
               Restaurants, shops and grocery stores within a 5km radius of the land.

                                                                    ASKING PRICE

                                         22 850 000 $

Descriptive sheet generated on : 2022-02-24 04:34

                                          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      
PORTFOLIO SALABERRY SUR LE GOLF, SALABERRY-DE-VALLEYFIELD - 80 UNITS Patrick Beaulé - PMML
NUMBER OF UNITS

                                                                      80 x 4.
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                                                                                                                              NUMBER OF
                                                                                                                               PA R K I N G S

                                                                                                                          121 ext. and 16
                                                                                                                            int (for the
                                                                                                                               2400)

                 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 : 2022-02-24 04:34

                                          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             
PORTFOLIO SALABERRY SUR LE GOLF, SALABERRY-DE-VALLEYFIELD - 80 UNITS Patrick Beaulé - PMML
AC.LMMP

                Portfolio Salaberry sur le golf, Salaberry-de-Valleyfield

Descriptive sheet generated on : 2022-02-24 04:34

                                          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      
PORTFOLIO SALABERRY SUR LE GOLF, SALABERRY-DE-VALLEYFIELD - 80 UNITS Patrick Beaulé - PMML
BUILDING DESCRIPTION

                                         G ENERAL                                                                                      MUNICIPAL
                                         INFORMATIONS                                                                                  ASSESSMENT

                                         CADASTRAL NUMBER                                                                              LAND
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                                         LAND AREA                                                                                     BUILDING

                                                                                                                                       TOTAL

                                         CONSTRUCTION

                                         YEAR BUILT

                                         BUILDING TYPE
                                         Detached

                                         CONSTRUCTION TYPE
                                         Wood

                                         OTHER INFORMATION

                                            SIGNIFICANT CAPIT AL EXPENDIT URES
                                                   IN T HE LAST 10 YEARS
                                                                                             New construction

                                                                        OT HER INFORMAT ION
                                   Common areas: PC-6220918, PC-6286516, PC-6347928.
The buyer must assume responsibility for the mortgage loan in force with Caisse Desjardins : 40 year amortization, 5 and 10 year
                                              term, rate between 2.6% to 3.89%.

           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 : 2022-02-24 04:34

                                                           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                                               
PORTFOLIO SALABERRY SUR LE GOLF, SALABERRY-DE-VALLEYFIELD - 80 UNITS Patrick Beaulé - PMML
AC.LMMP

                   FEATURES

                    HEATING SYSTEM                                                                  ENVIRONMENTAL STUDY
                    Electric baseboards                                                             Yes

                    HOT WATER SYSTEM                                                                CONDITION OF ROOF
                    Independent tanks                                                               New

                    ELECTRICAL PANELS                                                               SIDING
                    Breakers                                                                        Brick, steel and concrete blocks

                    PLUMBING                                                                        CONDITION OF BALCONIES
                    PEX and ABS                                                                     New

                    WASHER AND DRYER OUTLET                                                         CONDITION OF DOORS
                    Yes                                                                             New

                    LAUNDRY                                                                         CONDITION OF WINDOWS
                    No                                                                              New

                    CONDITION OF THE KITCHENS                                                       PARKING SURFACE
                    New                                                                             Interior / exterior

                    CONDITION OF THE BATHROOMS                                                      INTERCOM SYSTEM
                    New                                                                             Yes

                    FLOOR COVERING                                                                  FIRE ALARM SYSTEM
                    Floating floors and ceramic                                                     Yes

                                                                                                    JANITOR AGREEMENT
                                                                                                    Yes

                                                                                                    OTHER INFORMATION

Descriptive sheet generated on : 2022-02-24 04:34

                                          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               
PORTFOLIO SALABERRY SUR LE GOLF, SALABERRY-DE-VALLEYFIELD - 80 UNITS Patrick Beaulé - PMML
REVENUE
                                                                                                     %                        RPU(M)
AC.LMMP

          RESIDENTIAL                               1 226 820 $                                   100 %                       1 278 $
          COMMERCIAL
          PARKING
          LAUNDRY
          STORAGE

          TOTAL REVENUE                             1 226 820 $                                   100 %                       1 278 $

                     EXPENSES

                                                                                      YEARLY                        %/GR          CPU
          VACANCY/BAD DEBT                           CMHC                            61 341 $                        5%          767 $
          ADMINISTRATION                             CMHC                           58 274 $                         5%          728 $
          MUNICIPAL TAXES                            Actual                         151 078 $                       12 %        1 888 $
          SCHOOL TAXES                               Actual                          12 351 $                        1%          154 $
          INSURANCE                                  Actual                         28 195 $                         2%          352 $
          ELECTRICITY                                Actual                         13 635 $                         1%          170 $
          HEATING
          SNOW REMOVAL                               Actual                          7 335 $                         1%           92 $
          ELEVATOR                                   Actual                          4 370 $                         0%           55 $
          EQUIPMENT RENTAL
          MAINTENANCE RESERVE                        CMHC                           44 000 $                         4%          550 $
          WAGES/JANITOR                              CMHC                           26 400 $                         2%          330 $
          FURNITURE RESERVE
                                                     Actual                          5 671 $                         0%            71 $
                                                     Actual                          9 140 $                         1%           114 $
          TOTAL EXPENSES                                                           421 790 $                        34 %        5 272 $
          NET INCOME                                                               805 030 $                                    10 063 $

Descriptive sheet generated on : 2022-02-24 04:34

                                          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         
PORTFOLIO SALABERRY SUR LE GOLF, SALABERRY-DE-VALLEYFIELD - 80 UNITS Patrick Beaulé - PMML
FINANCING
AC.LMMP

                                                                 CONVENTIONAL                               CMHC                   ASSUMPTION

          MAXIMUM LOAN AMOUNT
          FINANCING CAP RATE
          DEBT COVERAGE RATIO
          INTEREST RATE
          AMORTIZATION

          TERM

                     C A S H FLOW

                                                       CONVENTIONAL                                   CMHC                      ASSUMPTION 1 & 2

          NET REVENUE

          ANNUAL MORTGAGE COST

          NET CASH AFTER MORTGAGE

                                                                  RETURN ON INVESTMENT ON ASKING PRICE

          CASHDOWN NEEDED

          CASH ON CASH RETURN

          RETURN ON LIQUIDITY +
          CAPITALIZATION

          IRR WITH 2% MARKET APPRECIATION

                        COST PER                      GROSS REVENUE                              NET REVENUE                      FINANCING
                          UNIT                        MULTIPLICATOR                             MULTIPLICATOR                      CAP RATE
              285 625 $                                   18,6                                     28,4                         3.52 %

Descriptive sheet generated on : 2022-02-24 04:34

                                            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              
PORTFOLIO SALABERRY SUR LE GOLF, SALABERRY-DE-VALLEYFIELD - 80 UNITS Patrick Beaulé - PMML
AC.LMMP

Descriptive sheet generated on : 2022-02-24 04:34

                                          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      
PORTFOLIO SALABERRY SUR LE GOLF, SALABERRY-DE-VALLEYFIELD - 80 UNITS Patrick Beaulé - PMML
AC.LMMP

Descriptive sheet generated on : 2022-02-24 04:34

                                          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      
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