Immeubles Gloria
2525 Rachel E., Plateau-Mont-Royal
16 residential units, 0 commercial units | 6,095,000$

Description

Residential
3
0
5
7
1
0
16
0

Financial Overview

Revenue 355,368$
Cost per Unit 380,938$
Cap. Rate 4.27 %
GRM 17.15
NRM 23.37
Return on Cash Flow 0.88 %
Return on Investment 6.49 %

Municipal Evaluation

Previous Assessment 2023-2025 5,350,000$
 
Land 2026-2028 403,900$
Building 2026-2028 5,801,100$
Total 2026-2028 6,205,000$

Highlights

- Newly built 2023 property in Plateau-Mont-Royal - Electric heating paid by tenants
- Prime location 950 meters from Frontenac metro station - Central electric hot water paid by the owner
- 600 meters from the Shops Angus commercial area - Reputable builder with multiple completed projects in the area
- High-end condo-quality finishes - Assumable CMHC APH Select favorable financing (100 points)
- Rooftop terrace accessible to tenants - Possibility to acquire with a 10% down payment
- Elevator platform for wheelchair access (to the first floor) - Excellent turnkey investment opportunity

Residential

Studio 1 ½ 3
Alcove 2 ½ 0
1 bdrm 3 ½ 5
2 bdrm 4 ½ 7
3 bdrm 5 ½ 1
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 D'Iberville
Intersection D'Iberville / Sherbrooke E.
Shopping Center Shop Angus
Metro Station Frontenac metro
Bus 94, 97, 368
Attraction Baldwin Park
Hospital Notre-Dame
School UQAM, UdeM, McGill

Heating

Energy Source Electricity
Heating Type Electric Baseboards
Responsibility Tenants

Heating Hot Water

Energy Source Electricity
Responsibility Owner
Water Tank

General Information

Zoning Residential
Cadastral 3361541
Building Type Detached
Floor Nb. 3
Year Built 2023
Lot Area 427
Building Area 0
Stove Included in leases
Refrigerator Included in leases
Washer Included in leases
Dryer Included in leases
Elevator One elevator
Wash/Dry Hookups In apartments
Dishwasher Hookups In apartments
Pool None
Furnished 5 appliances + A/C
AC units Heat pumps
Basement Apartments
Fireplace None
Intercom Yes

Building Overview

Roof Elastomeric membrane (2023)
Windows PVC and aluminium (2023)
Balconies
Exterior Walls Wood structure
Electricity 16 x 100A breakers (2023)
Plumbing 2023
Heating System Electric heating paid by the tenants | 16 heat pumps | 16 air exchangers
Hot Water Tanks Central electric hot water paid by the owner
Elevator Elevating platform for wheelchair (for access to the first floor)
Garage No parking | Bicycle racks in the basement
Bathrooms 2023 construction
Kitchens Quartz countertops with high-end finishes | 2023 construction
Certificate of Location 2023
Environmental Report Phase 2 (2020-06) | Phase 4 (2022-12)

Notes

- Zoning : Usage H.5-7 (multiresidential) | Zone 0627
- Walk Score: 96 | Bike Score: 100
- Possibility to acquire with a 10% down payment.
*** 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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