For Sale

$949,000.00

465 Rue Labonté , Le Vieux-Longueuil (Longueuil), QC J4H2P8

1 Beds

1 Baths

Remarks

Located in a very sought after area in the heart of Vieux-Longueuil, this plex offers 14 bedrooms, some with shower room and a huge 3 1/2 upstairs for owner or rental. Very well established clientele, between 4 and 21 years of seniority, autonomous and very clean. Many possibilities for the future owner.

Located in a beautiful wooded area, a few steps from Old Longueuil with its restaurants, cafes, grocery store and much more. In addition to the Longueuil Metro, Jacques Cartier Bridge, Université Sherbrooke.

*** Same tenants for more than 4 years ***

14 rooms rented at $830/month and 1 room at $1045/month including 3 meals/days, electricity, heating and cable.

1 unit 3 1/2 rented at $600/month (rental potential between $800 and $900/month) including electricity, heating and cable.

A dining room and a shared lounge, a kitchen with commercial facilities, a laundry room, two bathrooms (excluding that of 3 1/2), two solariums.

Ground floor: 6 bedrooms, a living room, a bathroom and a bathroom and a solarium*.

Upstairs: 4 bedrooms and a large 3 1/2 with solarium*.

In the basement: 4 bedrooms, a living room, a laundry room, a bathroom, the kitchen and the dining room.

Offering a lot of possibilities to the future buyer including to continue the rental of rooms for independent persons (agreement with the CLSC, Hospitals, medical clinics and social workers for rooming references).

The owner takes care of the maintenance, the cooking and the service of the meals, which explains the little expense. It uses assistance on a weekly basis for maintenance and meal preparation (fees see maintenance section). On the other hand the numbers may be different if you have full-time employees.

The building is located inside the zone H22-134 (single family, two family or three family) with special arrangement 11.2.30.1. for residence. Zoning does not allow for commercial.

* Solarium: two small panels were broken due to an ice fall this winter.

Inclusions:

Furniture (excluding tenants), kitchen equipment, laundry equipment water heater, central air conditioner, air exchanger.

Exclusions:

The effects of tenants, freezer in the kitchen

Property Summary

  • Neighbourhood: Vieux Longueuil
  • Lot Assessment: $216,900.00
  • Building Assessment: $511,800.00
  • Total Assessment: $728,700.00
  • Assessment Year: 2020
  • Municipal Tax: $6,748.00
  • School Tax: $722.00
  • Annual Tax Amount: $7,470.00 (2020)
  • Lot Frontage: 15.24 Metre
  • Lot Depth: 51.41 Metre
  • Lot Size: 788.9 Square Metres
  • Building Width: 9.59 Metre
  • Building Depth: 18.97 Metre
  • No. of Parking Spaces: 4
  • Built in: 1958
  • Bedrooms: 1
  • Bathrooms (Total): 1
  • Zoning: RESI

Building Features:

  • Driveway:
    Asphalt , Double width or more
  • Heating System:
    Forced air , Electric baseboard units
  • Water Supply:
    Municipality
  • Heating Energy:
    Electricity , Natural gas
  • Equipment/Services:
    Laundry room , Central air conditioning , Air exchange system , Signs allowed
  • Occupancy:
    Single
  • Proximity:
    Other , Highway , Hospital , Park , Bicycle path , Public transportation
  • Siding:
    Other , Brick
  • Basement:
    6 feet and more , Finished basement
  • Parking:
    Driveway
  • Sewage System:
    Municipality
  • Lot:
    Fenced , Wooded , Landscaped

Revenue Units

  • Potential gross revenue: Residential
    $149,220.00
  • Potential gross revenue: Date
    08-18-2020

Expenses (annual)

  • Management/Administration
    $8,500.00
  • Insurance
    $4,613.00
  • Other
    $14,400.00
  • Cable (TV)
    $3,288.00
  • Electricity
    $3,877.00
  • Gas
    $1,932.00

Revenue Units

  • Pieces: 1 Bedrooms: 1 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 1 Bedrooms: 1 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 1 Bedrooms: 1 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 1 Bedrooms: 1 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 1 Bedrooms: 1 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 1 Bedrooms: 1 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 1 Bedrooms: 1 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 1 Bedrooms: 1 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 1 Bedrooms: 1 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 1 Bedrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 1 Bedrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 1 Bedrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 1 Bedrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 1 Bedrooms: 1 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 4 Bedrooms: 1 Bathrooms: 1 Potential Monthly Revenue: $0.00
Georges Cardinal

Georges Cardinal

Chartered real estate broker

Phone:  450.672.0321

Mobile:  514.979.0709

Fax:  450.672.8912

Royal LePage Tradition, Real Estate Agency (Independently owned and operated)

2001 RUE VICTORIA, SUITE 102
St. Lambert,  QC J4S1H1

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