• 2 DECARIA BL

2 DECARIA BL - $4,999,900

Listing Information

Newly built 3 storey investment property with Elevator in the beautiful town of Perth Ontario, voted as one of the top Canadian towns to retire to. Building was just completed & fully tenanted. Located in a mature community. 24 rental apartments with 3 x one bedrms, 17 x two bedrms, and 4 x three bedrms. Building has efficient hot water boiler system. ERV's (energy recovery) in each unit, 24 hydro meters (tenants pay for in-unit hydro costs), ELEVATOR, 32 parking spots incl. visitor parking, 40-year fiberglass shingles, double pane laminated glass windows for reduced noise and UV, A/C units & dishwashers in every unit. Great management team in place & existing contract can be assumed. Live-in superintendent. Income generating Laundry facilities on each floor with Coinamatic machines. Located a short distance to grocery stores, shopping, Perth hospital and historic downtown Perth with it's many restaurants & shops. Existing mortgage to be assumed, please inquire. Expenses are estimated.

  • LB: CAPH01
  • ID: ROAEDMU
  • Dist/Neigh: 907- Perth
  • Munic: Perth
  • Roll#: 0921030055238910000
  • PIN: 051650639
  • NeighNm: Perth
  • Site Area: 29,181
  • Lot Size: 72.7' x 223.23'
  • Zoning: RESIDENTIAL - Residential Fourth Density (4)
  • Zoning Desc: R4
  • Poss Info: TBA
  • Occupancy: Tenant
  • Title: Freehold
  • Legal: BLK 42 PL 88 DRUMMOND TOWN OF PERTH
  • Status: Sold
  • List Price: 4,999,900
  • Sold Price: 4,600,000
  • Original LP: 4,999,900
  • Trans Type: Sale
  • Sub Type: Apartment 5+ Units
  • List Date: 2017-07-07
  • Fronting: South
  • Board: Ottawa
  • Type: Apartment
  • NOI: 233,886
  • Year Built: 2017/New
  • Fire Retrofit: N/A
  • Manage Comp: EOPMG
  • Ann Gross Inc: 321,600
  • MS: Square Feet
  • Enviro Assess: Yes
  • Op Cost/Yr: 87,714
  • Fire Protection: Partial Sprinkler System, None
  • Manage Ph: 613-918-0145
  • Sign: No
  • #Storeys: 3
  • Tot # Units: 24
  • # Bach Units: 0
  • 1 Bedrm Units: 3
  • 2 Bedrm Units: 17
  • 3 Bedrm Units: 4
  • Tot # Park: 32
  • # Surf Park: 32
  • # Deck Park: 24
  • # Elevators: 1
  • Management Exp: 9,763
  • Prop Taxes Exp: 54,000
  • Insurance Exp: 4,606
  • Water/Sewer Exp: 3,992
  • Heat Exp: 5,862
  • Hydro Exp: 5,679
  • Maintenance Exp: 0
  • Lawn/Snow Exp: 735
  • Advertising Exp: 0
  • Supplies Exp: 0
  • Security Exp: 530
  • Elevators Exp: 1,394
  • Other Exp: 1,153
  • Ann Rent Inc: 315,600
  • Parking Inc: 0
  • Laundry Inc: 6,000
  • Ann Gross Inc: 321,600
  • TOE: 87,714
  • GOI: 233,886
  • NOI: 233,886
  • # of Parking: 32
  • Pot Use: Apartment 5+Units