1861, Av. Papineau
Ville-Marie (Montréal)
$1 129 000
MLS : MT8383533
The best seats in town for the Montreal fireworks competition. Revenue property with large lit terrace featuring an outdoor shower and gas outlet for outdoor grill. Spectacular kitchen with large island serving as a workspace with built-in wine cellar. Fireplace centrally located in the heart of the apartment.
GENERAL INFORMATION


Property type: Quadruplex
Property use:
Building type: Semi-detached
Total number of floors: 0
Building size: 40 x 30 ft
Lot area: 3200 sqft

Quebec cadastre: 1567353
Zoning:

Year built: 1885
Certificate of location: Yes (2001)
Possession date:
Deed of sale signature:
Deed of sale:


MUNICIPAL ASSESSMENT


Year: 2010
Lot: $163 500
Building: $158 000
Total: $321 500


TAXES (ANNUAL)


Municipal (2010): $3 445
School (2010): $756
Total: $4 201


EXPENSES/ENERGY (ANNUAL)


Total:


MONTHLY REVENUES (RES.)


Number of units: 4

Apt. No.: 1861
No. of rooms: 7
End of lease: 2011-05-30
Effective monthly rent: 2 640 $
Included in lease:

Apt. No.: 1863
No. of rooms: 4
End of lease: 2011-06-30
Effective monthly rent: 1 600 $
Included in lease:

Apt. No.: 1865
No. of rooms: 4
End of lease: 2011-08-31
Effective monthly rent: 1 700 $
Included in lease:

Apt. No.: 1867
No. of rooms: 4
End of lease: 2011-06-30
Effective monthly rent: 1 500 $
Included in lease:

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FEATURES


Sewage system: Municipal sewer
Water supply: Municipality
Foundation: Stone
Roofing: Elastomer
Siding: Wood
Loading platform:
Windows: Pvc
Window type: Hung, Crank handle
Energy/Heating: Other
Heating system: Radiant
Floor covering:
Dividing floor:
Basement: Under floor sp.
Bathroom: Sep. shower
Fireplace-Stove: Wood burn.stove
Kitchen cabinets: Wood
Equipment/Services: Wall ac, Entryphone, Alarm syst.
Rented equip. (monthly):
Renovations:
Pool:
Parking: Outdoor (4)
Driveway: Double or more, Paved
Garage:
Lot:
Distinctive features:
View:
Proximity: Highway, Bicycle path, Elem. school, Public transp.

INCLUSIONS


All furnitures and appliances of the 4 apartments.

EXCLUSIONS




ADDENDUM


100% turn-key for tenants: fully-furnished units complete
with appliances, cable, Internet, telephone and heating.

The owner employs an agency that handles everything:
selecting tenants, showing the units, collecting rent, etc.
The fees for these services are included in
Management/Administration:

Address Gross rent Net rent


1861 2640 2400
1863 1600 1440
1865 1700 1530
1867 1500 1350

Building constructed in 1885. Entirely renovated and heated
with geothermal heating.

Radiant floor heating, no radiators in the apartments.

Cement floors between each storey.

Air exchanger, air conditioning, washer/dryer in each
apartment.

Large balconies at the rear of the building with locked
storage for each apartment.

1861: Large apartment on two levels with access to rooftop
terrace via magnificent wood staircase.

Four parking spaces at the rear of the building; one is
currently rented with one of the units. These spaces could
be rented for $100 each per month.

Telephone cost is $26/month per unit or $104/month for the
building. Cable and internet are $94/month for the entire
building.

Facade
Facade
Diningroom
Kitchen
Kitchen
Kitchen
Kitchen
Kitchen
Kitchen
Bathroom
Bathroom
Bathroom
Kitchen
Kitchen
Kitchen
Kitchen
Dinette
Bedroom
Bedroom
Livingroom
Livingroom
Livingroom
Facade
View
Terrace