Immeubles Gloria
5730 De Salaberry, Cartierville
33 residential units, 0 commercial units | 8,500,000$

Description

Residential
3
0
24
6
0
0
33
0

Financial Overview

Revenue 540,800$
Cost per Unit 257,576$
Cap. Rate 4.91 %
GRM 15.72
NRM 20.35
Return on Cash Flow 5.01 %
Return on Investment 6.09 %

Municipal Evaluation

Previous Assessment 2023-2025 3,337,800$
 
Land 2026-2028 621,900$
Building 2026-2028 3,517,000$
Total 2026-2028 4,138,900$

Highlights

- Beautiful 33-unit property in the heart of Cartierville - Heating and hot water converted to electricity in 2022
- Prime location, 750 m from the REM Bois-Franc station - Most kitchens and bathrooms have been renovated since 2022
- Côte-Vertu metro 3.2 km away; Bois-de-Boulogne train 3.7 km away - Advantageous CMHC MLI Select 100 pts financing could be assumed
- Just steps from Sacré-Coeur Hospital - Excellent turnkey investment opportunity!
- Approximately $1,000,000 invested in improvements since 2022
- Major work completed on electrical, plumbing, fire alarm system, etc.

Residential

Studio 1 ½ 3
Alcove 2 ½ 0
1 bdrm 3 ½ 24
2 bdrm 4 ½ 6
3 bdrm 5 ½ 0
4 bdrm + 6 ½ + 0
Total Units   33

Commercial

Commercial 0
Total Units   0

Parking

Parking 0
Garage 0
Storage 12
Total Spaces   12

Location

Main Artery Laurentien blvd.
Intersection Marcel-Laurin/Henri-Bourassa
Shopping Center Marché Central
Metro Station Henri-Bourassa Metro
Bus
Attraction Bois-Franc REM
Hospital Sacré-Coeur
School Vanier, Bois-de-Boulogne

Heating

Energy Source Electricity
Heating Type Hot Water
Responsibility Tenants & Owner

Heating Hot Water

Energy Source Electricity
Responsibility Tenants & Owner
Water Tank

General Information

Zoning Residential
Cadastral 1435145
Building Type Attached
Floor Nb. 3
Year Built 1969
Lot Area 731
Building Area 0
Stove As per leases
Refrigerator As per leases
Washer Owner
Dryer Owner
Elevator None
Wash/Dry Hookups Laundry room
Dishwasher Hookups None
Pool None
Furnished Some units
AC units None
Basement Apartments
Fireplace None
Intercom Yes

Building Overview

Roof 2011 (to be verified)
Windows
Balconies
Exterior Walls
Electricity 100A electric panels replaced in 2022 (to be verified) | Main electrical entry 800A
Plumbing Water supply lines replaced in the bathrooms and kitchens | 9 water risers replaced (to be verified)
Heating System Electric conversion done in 2022 (to be verified)
Hot Water Tanks Electric hot water | Most hot water tanks replaced in 2022 (to be verified)
Elevator None
Garage The garage was converted to add units #6 and #7 (total of 33 units) | Renovation permit: August 2025
Bathrooms 30 bathrooms renovated since 2022 (to be verified)
Kitchens 30 kitchens renovated since 2022 (to be verified)
Certificate of Location Stephan Roy - 2021-08-16
Environmental Report Phase 1 - Envirotest - 2021-08-21

Notes

- Zoning: Usage H.5-H.6 (9 to 36 units) |  Zone 1078
- Nearly $1,000,000 invested in renovations since 2022 | Other renovations: intercom system, main entrance, laundry room, lockers, internet wiring
- 30 units fully renovated: floors, doors, light fixtures, switches, mouldings (to be verified)
- Included for 4 apartments: Electricity, heating, hot water, fully furnished
- Planned for January 2026: Full upgrade of the fire alarm system, including the installation of piezo devices in all units
*** 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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