Immeubles Gloria
4166 St-Denis, Plateau-Mont-Royal
19 residential units, 0 commercial units | 3,750,000$

Description

Residential
0
5
8
6
0
0
19
0

Financial Overview

Revenue 240,420$
Cost per Unit 197,368$
Cap. Rate 4.22 %
GRM 15.60
NRM 23.68
Return on Cash Flow 1.91 %
Return on Investment 4.30 %

Municipal Evaluation

Previous Assessment 2023-2025 2,751,600$
 
Land 2026-2028 1,003,300$
Building 2026-2028 2,188,600$
Total 2026-2028 3,191,900$

Highlights

- 19-unit rental property in the heart of Plateau-Mont-Royal - Large garage with untapped storage potential
- 600 m from Mont-Royal metro and 500 m from La Fontaine Park - Strong rental demand in a sought-after location
- Several renovations completed over the years - Current rents are low for the area
- Electric heating paid by tenants - Significant potential to increase the revenues
- Hot water supplied by a dual-energy system installed in 2021 - Potential for advantageous CMHC MLI Select financing
- Roof redone in 2025, doors and windows in 2021, fire alarm in 2019 - Strategic investment opportunity

Residential

Studio 1 ½ 0
Alcove 2 ½ 5
1 bdrm 3 ½ 8
2 bdrm 4 ½ 6
3 bdrm 5 ½ 0
4 bdrm + 6 ½ + 0
Total Units   19

Commercial

Commercial 0
Total Units   0

Parking

Parking 0
Garage 1
Storage 0
Total Spaces   1

Location

Main Artery St-Denis
Intersection St-Denis / Rachel E.
Shopping Center
Metro Station Mont-Royal
Bus
Attraction La Fontaine Park, Mount-Royal
Hospital Notre-Dame Hospital
School UQAM, UdeM, McGill

Heating

Energy Source Electricity
Heating Type Electric Baseboards
Responsibility Tenants

Heating Hot Water

Energy Source Electricity & Gas
Responsibility Owner
Water Tank

General Information

Zoning Semi-Commercial
Cadastral 1202799
Building Type Attached
Floor Nb. 3
Year Built 1972
Lot Area 0
Building Area 0
Stove Included in leases
Refrigerator Included in leases
Washer Owner
Dryer Owner
Elevator None
Wash/Dry Hookups Laundry room
Dishwasher Hookups None
Pool None
Furnished Fridge and stove
AC units None
Basement Garage and units
Fireplace None
Intercom Yes

Building Overview

Roof 2025 (55k$)
Windows Windows and patio doors (2021)
Balconies
Exterior Walls
Electricity 800A main entry | 100A in the 4 1/2, 60A in the other | Hydro-Quebec meter for each unit
Plumbing
Heating System Electric heating paid by the tenants
Hot Water Tanks Bi-energy hot water heating system (2021) | Hot water paid by the owner
Elevator None
Garage Large garage for storage
Bathrooms
Kitchens
Certificate of Location
Environmental Report Phase 1 (2006-12) | Phase 4 (2006-12) | A new Phase 1 environmental report will be ordered shortly.

Notes

- Zoning C4.H (commercial and multirésidential) | Zone 0291
- Fire alarm system replaced in 2019
*** 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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