Immeubles Gloria
451-463 Rachel E., Plateau-Mont-Royal
7 residential units, 1 commercial unit | 2,650,000$

Description

Semi-Commercial
2
0
5
0
0
0
7
1

Financial Overview

Revenue 211,061$
Cap. Rate 4.78 %
GRM 12.56
NRM 20.91
Return on Cash Flow 2.15 %
Return on Investment 4.87 %

Municipal Evaluation

Previous Assessment 2023-2025 1,668,200$
 
Land 2026-2028 604,000$
Building 2026-2028 1,297,700$
Total 2026-2028 1,901,700$

Highlights

- Incredible semi-commercial opportunity in the heart of the Plateau - Plans available for expansion of the 3rd floor and addition of 7 units
- 71 ft frontage on Rachel E, just steps from the St-Denis intersection - Opportunity for an owner-occupant
- 450 m from Mont-Royal metro and 500 m from La Fontaine Park - Strategic investment in one of the area’s most desirable locations
- High foot traffic, ideal for attracting commercial tenants
- Electric heating and hot water paid by the tenants
- Two units recently fully renovated

Residential

Studio 1 ½ 2
Alcove 2 ½ 0
1 bdrm 3 ½ 5
2 bdrm 4 ½ 0
3 bdrm 5 ½ 0
4 bdrm + 6 ½ + 0
Total Units   7

Commercial

Commercial 1
Total Units   1

Parking

Parking 0
Garage 0
Storage 0
Total Spaces   0

Location

Main Artery St-Denis
Intersection St-Denis / Rachel E.
Shopping Center Mont-Royal street
Metro Station Mont-Royal metro
Bus
Attraction Mount-Royal
Hospital Notre-Dame, CHUM
School UQAM

Heating

Energy Source Electricity
Heating Type Electric Baseboards
Responsibility Tenants

Heating Hot Water

Energy Source Electricity
Responsibility Tenants
Water Tank

General Information

Zoning Semi-Commercial
Cadastral 1203251
Building Type Semi-Detached
Floor Nb. 3
Year Built 1939
Lot Area 262
Building Area 0
Stove As per leases
Refrigerator As per leases
Washer None
Dryer None
Elevator None
Wash/Dry Hookups None
Dishwasher Hookups None
Pool None
Furnished Fridge & stove
AC units None
Basement
Fireplace None
Intercom Yes

Building Overview

Roof 2020
Windows
Balconies
Exterior Walls Brick anchors (2023)
Electricity 400A
Plumbing
Heating System Electric heating paid by the tenants
Hot Water Tanks Electric hot water paid by the tenants
Elevator None
Garage None
Bathrooms Two renovated units (#3 and #4)
Kitchens Two renovated units (#3 and #4)
Certificate of Location Louis-Philippe Fouquette - 2017-06-20
Environmental Report

Notes

- Zoning: Usage C.2 H (Residential and commercial) | Zone 0356
- Walk Score: 100 | Bike Score: 97
- Plans have been prepared for the expansion of the 3rd floor and the subdivision of units, for a total of 14 residential units and 2 commercial spaces.
*** This sale is made without any legal warranty of quality, on an “as is, where is” basis, at the buyer’s own risks. ***
Top