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Floorplans
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Projected Income
212 - Garden Suite 1 bedroom & den – Month
to Month - $858.00 mo effective March 1, 2008 – same
tenant since September 1, 2005 – Security deposit of
$397.50
212 – Main Floor 2 bedroom – Month to Month
- $1,247 mo effective June 1, 2007 – same tenant since
June 1, 2006 – Security deposit of $600.00
214 – Upper Floor 2 bedroom – currently
held vacant – market rent suggested @ $1,600 mo
1 open parking stall rented to Garden Suite tenant Month
to Month @ $15 mo
Laundry Income (wash $1.50 – dry $1.00) = $80 to $90
mo income say $85 mo
Current Gross potential projected month income = $3,805 /
$45,660 yr
Additional Building/Property Details
As reported by previous owner:
- Roof replaced 1994
- Water supply line to street replaced 1996
- Main and Upper floor suite windows and patio doors replaced
1996/97
- Balconies added 1997
- Bathrooms redone 1997
- Thermostatic controlled gas fireplaces in main and upper
suites 1998/99
Current owner:
- Oil tank removed 2003
- Complete exterior re-painting 2003
- Integrated hard wired smoke alarm system installed 2004
- New carpet/drapes upper suite Nov. 2004
- New gas hot water tank Sept. 2006
- New fridge upper suite (Future Shop) 2006
- Re-conditioned coin washer 2007
- Re-conditioned dishwashers 2007
- Furnace motor replaced 2007
The building is equipped with one 40 gallon gas fired hot
water tank and one 50 gallon electric tank operating in series.
A gas fired furnace provides heat to the northerly portion
of the suites with additional electric baseboard supplementing
the ground floor suite and thermostatically controlled gas
fireplaces supplementing the two bedroom suites.
Heat and light is included in the rent however, the building
is equipped with three separate electricity meters and it
would appear possible to at least separately meter the two
bedroom suites with the third meter attending to the common
area lighting and the ground floor suite.
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