$189,900

Triplex for sale - Windsor

$189,900

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$189,900

Triplex for sale - Windsor

$189,900

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111 - 117 Rue St-Georges, Windsor, J1S 1L7

Profitable rental building allowing you to have in addition a 4th income with the commercial premises totaling 2194 sq.ft. including the premises on the right side of the facade on the ground floor with independent door). This way you can maximize income from the building which is well maintained and which will certainly require improvements over time. You will be able to benefit from it now and the commercial space which will be available shortly but which is currently available for rental. 2 apartments of 5.5 rooms are on the 2nd floor and one of them is equipped with the washer and dryer inside a bedroom. Storage in the basement.

  • Lot area: 4,420 SF
  • NUMBER OF ROOMS : 14
GHYSLAIN LAFLEUR INC.
Real Estate Broker
Building details and property interior
Particularities plusParticularities minus

57' X 41' Irregular

Unknown

4,389 SF

Wood , PVC

Sliding

Poured concrete , Stone

Vinyl

Elastomeric membrane

Concrete , Ceramic

Wood

Addenda
Particularities plusParticularities minus

Revenues of $21,700/year. Note that if you are not registered for GST and QST taxes, you could register and thus not have to pay these additional amounts for the purchase because 50% of the building is subject to GST and QST since the entire ground floor is floor is for commercial premises.

Ask to have the profitability and economic value of the building analyzed by commercial financing because there are significant differences in the calculation grids between commercial lenders and residential lenders.

Visit on accepted promise to purchase only.

Parts of 111:
Ground floor: Open area, 37.4 ft. X 16.4 ft. irr. Floating floor
Ground floor: Office, 14 ft. X 9.5 ft. irr. Floating floor
Ground floor: Bathroom, 6.9 ft. X 4.8 ft. Ceramic
Ground floor: Bathroom, 6.3 ft. X 4.7 ft. Ceramic
Ground floor: Dining room, 23.3 ft. X 11.1 ft. irr. Floating floor (there is a stove, refrigerator and a sink).
Ground floor: Cold room, 7.10 ft. X 6.10 ft. Vinyl
Ground floor: Storage, 4.9 ft. X 4.4 ft. Floating floor
Ground floor: Office, 17.2 ft X 12.5 ft. Floating floor
Ground floor: Hall, 18.5 ft. X 6.1 ft. Floating floor, exterior exit.

For the 115:
Ground floor 2nd annexed room: Office 25.4 x 16.6 ft Tiles, exterior exit.

Parts for the basement:
Storage: 34.10 ft. X 22.3 ft. Concrete
Storage: 21.1 cu. X 22.3 ft. Concrete
Storage: 23.10 X 28.9 ft. Concrete

Calculation of TGA: The net income of this building of $14,618 divided by 8% would give a value of $182,725 for example: The TGA expresses the yield of a building, which would be purchased without a mortgage and for which the real expenses would coincide with the normalized expenses. For example, a TGA of 8% would mean that, over one year, the normalized net income will have reimbursed 8% of the cost of the building. In this context, it would take 12.50 years to have reimbursed 100% of the cost of the building. It is therefore a useful tool for comparing properties on the same basis and for evaluating what it costs to acquire rental income.

Building details and property interior
Particularities plusParticularities minus

57' X 41' Irregular

Unknown

4,389 SF

Wood , PVC

Sliding

Poured concrete , Stone

Vinyl

Elastomeric membrane

Concrete , Ceramic

Wood

Lot and exterior features
Particularities plusParticularities minus

53' X 84'

4,420 SF

Landscaped

Flat

Unpaved

Driveway : 6

Park , Bicycle path , Elementary school , High school

Commercial , Residential

Room details
Particularities plusParticularities minus
Unit Room Level Dimensions Flooring Description
1 (app.) Kitchen 2nd level 14'5" X 9'1" Tiles
1 (app.) Dining room 2nd level 12'9" X 6'10" Tiles
1 (app.) Living room 2nd level 11'2" X 8'4" Tiles
1 (app.) Primary bedroom 2nd level 13'1" X 12'3" Tiles
1 (app.) Bedroom 2nd level 10'10" X 9'8" Laminate floor
1 (app.) Bedroom 2nd level 13'1" X 8'10" Tiles
1 (app.) Bathroom 2nd level 7'9" X 5'1" Ceramic
2 (app.) Kitchen 2nd level 15'4" X 10'2" Tiles
2 (app.) Dining room 2nd level 9'9" X 7'8" Tiles
2 (app.) Living room 2nd level 16'9" X 9'3" Tiles
2 (app.) Primary bedroom 2nd level 12'7" X 11'4" Tiles
2 (app.) Bedroom 2nd level 12'7" X 9'9" Laminate floor
2 (app.) Bedroom 2nd level 9'4" X 7'8" Tiles
2 (app.) Bathroom 2nd level 9'3" X 8'1" Tiles
Characteristics
Particularities plusParticularities minus

Convection baseboards , Electric baseboard units

Electricity

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Not specified

Personal effects of tenants

Financial details
Particularities plusParticularities minus
Assessment (2022)
Taxes
  • (2022)
  • (2021)
Gross yearly revenu (potential)
Annual Expenses
111 - 117 Rue St-Georges, Windsor, J1S 1L7
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 33.5%
  • 16.5%
  • 25.7%
  • 17.5%
  • 3.6%
  • 33.1%
  • 4.5%
  • 26.2%
  • 35.7%
  • 0.0%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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GHYSLAIN LAFLEUR INC.
Real Estate Broker

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2022)
Taxes
  • (2022)
  • (2021)
Gross yearly revenu (potential)
Annual Expenses
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