Immeubles Gloria
5733-5741 Décarie, Côte-des-Neiges
8 residential units, 1 commercial unit | 3,150,000$

Description

Semi-Commercial
0
0
4
4
0
0
8
1

Financial Overview

Revenue 213,084$
Cap. Rate 4.63 %
GRM 14.78
NRM 21.56
Return on Cash Flow 1.97 %
Return on Investment 4.33 %

Municipal Evaluation

Previous Assessment 2023-2025 1,886,900$
 
Land 2026-2028 379,600$
Building 2026-2028 1,696,000$
Total 2026-2028 2,075,600$

Highlights

- Amazing semi-commercial property in the heart of Côte-des-Neiges - Natural gas heated hot water paid by the owner (residential)
- Incredible location 700 meters away from Côte-Ste-Catherine metro - Quality commercial tenant with long-term lease
- Quick access to UdeM, HEC, Polytechnic, Collège Brébeuf - Lots of potential to increase the residential rents
- Close to Jewish General Hospital, Ste-Justine and St-Mary's - Excellent investment opportunity in a great location!
- Royalmount and Décarie Square are just a few minutes away
- Electric heating paid by the tenants (residential)

Residential

Studio 1 ½ 0
Alcove 2 ½ 0
1 bdrm 3 ½ 4
2 bdrm 4 ½ 4
3 bdrm 5 ½ 0
4 bdrm + 6 ½ + 0
Total Units   8

Commercial

Commercial 1
Total Units   1

Parking

Parking 0
Garage 0
Storage 0
Total Spaces   0

Location

Main Artery Côte-Ste-Catherine
Intersection Décarie/Côte-Ste-Catherine
Shopping Center Décarie Square
Metro Station Côte-Ste-Catherine (700m)
Bus 17, 129, 371
Attraction Mackenzie King Park
Hospital Jewish, Ste-Justine
School UdeM, HEC, Polytechnic

Heating

Energy Source Electricity
Heating Type Electric Baseboards
Responsibility Tenants

Heating Hot Water

Energy Source Natural Gas
Responsibility Owner
Water Tank

General Information

Zoning Semi-Commercial
Cadastral 2647844
Building Type Semi-Detached
Floor Nb. 3
Year Built 1959
Lot Area 446
Building Area 11463
Stove As per leases
Refrigerator As per leases
Washer As per leases
Dryer As per leases
Elevator None
Wash/Dry Hookups In apartments
Dishwasher Hookups
Pool None
Furnished
AC units
Basement Commercial
Fireplace None
Intercom Yes

Building Overview

Roof
Windows
Balconies
Exterior Walls
Electricity
Plumbing
Heating System Electric heating paid by the tenants
Hot Water Tanks Hot water heated by natural gas paid by the owner | The commercial tenant pays for its own natural gas consumption.
Elevator None
Garage None
Bathrooms Some renovations were done through the years
Kitchens Some renovations were done through the years
Certificate of Location 2010-09-15
Environmental Report

Notes

- Zoning: Usage C.4 H | Zone 0090
- Walk Score: 95 | Bike Score: 66
*** This sale is made without any legal warranty of quality, on an “as is, where is” basis, at the buyer’s own risks. ***
Top