Immeubles Gloria
4035 Hochelaga, Hochelaga
16 residential units, 0 commercial units | 5,200,000$

Description

Residential
0
1
2
13
0
0
16
0

Financial Overview

Revenue 304,380$
Cost per Unit 325,000$
Cap. Rate 4.24 %
GRM 17.08
NRM 23.54
Return on Cash Flow 1.70 %
Return on Investment 5.27 %

Municipal Evaluation

Previous Assessment 2023-2025 2,700,000$
 
Land 2026-2028 435,400$
Building 2026-2028 2,723,600$
Total 2026-2028 3,159,000$

Highlights

- Beautiful 16-unit property in the heart of Hochelaga - Washer, dryer, and dishwasher hookups in all the units
- Incredible location near Pie-IX metro station (400 m) - Most apartments have 2 bathrooms
- Quick access to McGill, Concordia, UdeM - Electrical heating, A/C, and hot water paid by the tenants
- Near Park Maisonneuve and Olympic Stadium - Possibility for advantageous CMHC MLI Select financing
- A few minutes walk from restos and bars on Ontario street - Amazing investment opportunity in a great location!
- Mostly renovated since 2022 following a fire

Residential

Studio 1 ½ 0
Alcove 2 ½ 1
1 bdrm 3 ½ 2
2 bdrm 4 ½ 13
3 bdrm 5 ½ 0
4 bdrm + 6 ½ + 0
Total Units   16

Commercial

Commercial 0
Total Units   0

Parking

Parking 0
Garage 0
Storage 0
Total Spaces   0

Location

Main Artery Pie-IX
Intersection Pie-IX / Hochelaga
Shopping Center Promenades Ontario
Metro Station Pie-IX
Bus Pie-IX BRT
Attraction Olympic Park & Biodôme
Hospital Maisonneuve-Rosemont
School Maisonneuve College

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 1880422
Building Type Semi-Detached
Floor Nb. 3
Year Built 1957
Lot Area 339
Building Area 0
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 In apartments
Pool None
Furnished 5 appliances
AC units Wall units
Basement Apartments
Fireplace None
Intercom Yes

Building Overview

Roof Replaced since 2022
Windows
Balconies
Exterior Walls
Electricity Recent main electrical entry | Individual 100A panels | Electricity redone since 2022
Plumbing Washer/dryer and dishwasher hookups in all the units | Plumbing redone since 2022
Heating System Electrical heating paid by the tenants | A/C in all the units
Hot Water Tanks Electrical hot water paid by the tenants
Elevator None
Garage None
Bathrooms Mostly renovated since 2022 | Most apartments have 2 bathrooms
Kitchens Mostly renovated since 2022 (new plumbing, electricity, kitchens, bathrooms, air exchangers)
Certificate of Location Zachary Lauziere - 2026-01-27
Environmental Report Phase 1 - Ortam - 2025-10-20.

Notes

- Zoning : C.2 H (Commercial and residential) | Zone 0110
- Central camera system and alarm system
- Intercom with electronic access key, connected on tenants' cellphones, electronic apartment locks throughout the building
- The building has been substantially renovated since 2022 following a fire (new plumbing, electricity)
- Included in the leases: fridge, stove, washer, dryer, dishwasher, A/C wall unit
*** 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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