Immeubles Gloria
1044-1058 Laurier E., Plateau-Mont-Royal
8 residential units, 0 commercial units | 2,850,000$

Description

Residential
0
0
0
6
1
1
8
0

Financial Overview

Revenue 174,768$
Cost per Unit 356,250$
Cap. Rate 4.30 %
GRM 16.31
NRM 23.22
Return on Cash Flow 1.74 %
Return on Investment 5.18 %

Municipal Evaluation

Previous Assessment 2023-2025 2,885,900$
 
Land 2026-2028 1,192,300$
Building 2026-2028 2,039,900$
Total 2026-2028 3,232,200$

Highlights

- Prestigious 8-unit building in the heart of Plateau-Mont-Royal - Electric heating and hot water paid by the tenants
- Stunning views facing Parc Sir-Wilfrid-Laurier, located right across - Four units could be delivered vacant to a buyer
- AAA location: Laurier metro just 500m away, Walk Score 98 - 8½ unit with basement available for an owner-occupant
- 4 exterior parking spots — a rare perk in the city - Unregistered extra basement unit generates added income
- Authentic heritage charm in a building dating back to 1930 - Strong upside potential in a highly sought-after area
- Several kitchens and bathrooms renovated over the years - A rare opportunity for a renovator or owner-occupant

Residential

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

Commercial

Commercial 0
Total Units   0

Parking

Parking 4
Garage 0
Storage 0
Total Spaces   4

Location

Main Artery Christophe-Colomb
Intersection Laurier / Christophe-Colomb
Shopping Center Petit Laurier
Metro Station Laurier Metro (500m)
Bus
Attraction Laurier Park
Hospital Notre-Dame Hospital
School UQAM, UdeM, McGill

Heating

Energy Source Electricity
Heating Type Electric Baseboards
Responsibility Tenants

Heating Hot Water

Energy Source Electricity
Responsibility Tenants
Water Tank

General Information

Zoning Residential
Cadastral 1445186
Building Type Semi-Detached
Floor Nb. 3
Year Built 1930
Lot Area 441
Building Area 0
Stove As per leases
Refrigerator As per leases
Washer As per leases
Dryer As per leases
Elevator None
Wash/Dry Hookups All except #1054
Dishwasher Hookups
Pool None
Furnished None
AC units None
Basement 1048 and 1050
Fireplace None
Intercom None

Building Overview

Roof Tar and gravel
Windows
Balconies
Exterior Walls
Electricity Some electrical panels have been replaced through the years
Plumbing
Heating System Electric heating paid by the tenants
Hot Water Tanks Electric hot water heating paid by the tenants
Elevator None
Garage 4 exterior parking spaces
Bathrooms Some bathrooms renovated through the years
Kitchens Some kitchens renovated through the years | #1048 needs renovations and full kitchen installation
Certificate of Location Groupe SR - 2023-02-16
Environmental Report Will be ordered shortly

Notes

- Zoning: H.2-4 (multifamily 2-8 units) |  Zone 0155
- Walk Score: 98 | Bike Score: 100
- Undeclared 2 1/2 in the basement of #1050 generating 1000$ | Possibility to end the agreement.
*** 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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