Immeubles Gloria
11750-11760 Ranger, Cartierville
56 residential units, 0 commercial units | 11,650,000$

Description

Residential
1
0
44
9
2
0
56
0

Financial Overview

Revenue 776,412$
Cost per Unit 208,036$
Cap. Rate 4.44 %
GRM 15.00
NRM 22.51
Return on Cash Flow 4.81 %
Return on Investment 12.47 %

Municipal Evaluation

Previous Assessment 2023-2025 5,374,400$
 
Land 2026-2028 1,195,000$
Building 2026-2028 5,500,800$
Total 2026-2028 6,695,800$

Highlights

- Superb 56-unit property in the heart of Cartierville - Natural gas heating and hot water paid by the owner
- Located directly across from the Bois-Franc REM station - Long-time owner, first time on the market since 2006
- On the border of Ville Saint-Laurent, near Côte-Vertu metro - Strong potential for rent increases
- Several major renovations since 2014 - Qualifies for a CMHC MLI Select financing 100 points
- Over $1,500,000 invested in work over the past 11 years - Excellent investment opportunity in a growing area!
- Renovations include: bathrooms, roof, balconies, windows, furnace

Residential

Studio 1 ½ 1
Alcove 2 ½ 0
1 bdrm 3 ½ 44
2 bdrm 4 ½ 9
3 bdrm 5 ½ 2
4 bdrm + 6 ½ + 0
Total Units   56

Commercial

Commercial 0
Total Units   0

Parking

Parking 4
Garage 0
Storage 32
Total Spaces   36

Location

Main Artery Laurentien blvd.
Intersection Marcel-Laurin / Henri-Bourassa
Shopping Center Galeries St-Laurent
Metro Station Bois-Franc train (REM)
Bus 64, 164, 171, 382, 964
Attraction Lachapelle Bridge
Hospital Sacre-Coeur Hospital
School Vanier / St-Laurent Cegep

Heating

Energy Source Natural Gas
Heating Type Hot Water
Responsibility Owner

Heating Hot Water

Energy Source Natural Gas
Responsibility Owner
Water Tank

General Information

Zoning Residential
Cadastral 1435431
Building Type Detached
Floor Nb. 3
Year Built 1963
Lot Area 1792
Building Area 0
Stove Included in leases
Refrigerator Included in leases
Washer Coinamatic
Dryer Coinamatic
Elevator None
Wash/Dry Hookups Laundry room
Dishwasher Hookups None
Pool None
Furnished Fridges & stoves
AC units None
Basement Apartments
Fireplace None
Intercom Yes

Building Overview

Roof 11750 Ranger: Elastomeric membrane (2017) | 11760 Ranger: Black elastomeric membranel (2014)
Windows All the doors and windows replaced (2014)
Balconies All the balconies were redone in fiberglass with new railings (2016)
Exterior Walls Some brickwork was done in 2017 and 2023
Electricity 58 Hydro-Quebec meters | Electricity included in most of the leases and paid by the owner
Plumbing Plumbing partially redone since 2016 | Backflow valve and flood prevention system installed in 2016
Heating System Natural gas furnace (2016) | Heating paid by the owner
Hot Water Tanks Hot water tanks replaced (2016) | Hot water heating paid by the owner
Elevator None
Garage 4 outdoor parking spaces
Bathrooms 56 bathrooms redone 10 years ago
Kitchens Kitchen countertops and bottom cabinets replaced in 2014
Certificate of Location September 2025
Environmental Report Phase 1 (2023) | Phase 2 (2025-08-11)

Notes

- Zoning: H.5-7 (9 units +) | Zone 1058
- Several major renovations done since 2014 (over $1,500,000 invested)
- Most of the hardwood floors have been sanded and repaired 10 years ago
- Most 3 1/2 have the living room converted into a 2nd bedroom.
*** This sale is made without any legal warranty of quality, on an “as is, where is” basis, at the buyer’s own risks. ***
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