Immeubles Gloria
11530 Notre-Dame E, Pointe-aux-Trembles
48 residential units, 0 commercial units | 6,750,000$

Description

Financial Overview

Revenue 449,460$
Cost per Unit 140,625$
Cap. Rate 4.22 %
GRM 15.02
NRM 23.65
Return on Cash Flow 3.16 %
Return on Investment 7.35 %

Municipal Evaluation

Previous Assessment 2017-2019 3,700,000$
 
Land 2020-2022 2,061,300$
Building 2020-2022 2,489,700$
Total 2020-2022 4,551,000$

Highlights

- Beautiful waterfront 48 units in the heart of Pointe-aux-Trembles - Many recent renovations: roof 2018 and alarm system 2020
- Incredible views on the St-Lawrence River - Well maintained and managed property over thee years
- A few steps away from all the services and public transit - Long time owner, first time on the market in 30 years
- Exterior inground pool for the tenants - The current rents are very low for the area
- Heating and hot water paid by the tenants - Huge potential to increase the revenues
- Washer/dryer hookups in all the 4 1/2 and 5 1/2 - Excellent investment opportunity!

Residential

Studio 1 ½ 0
Alcove 2 ½ 0
1 bdrm 3 ½ 10
2 bdrm 4 ½ 30
3 bdrm 5 ½ 8
4 bdrm + 6 ½ + 0
Total Units   48

Commercial

Commercial 0
Total Units   0

Parking

Parking 45
Garage 0
Storage 0
Total Spaces   45

Location

Main Artery Marien Ave.
Intersection Marien / Notre-Dame E.
Shopping Center Carrefour de la Pointe
Metro Station Honoré-Beaugrand Station
Bus 86, 189, 300, 362, 410
Attraction Waterfront
Hospital Maisonneuve-Rosemont
School Daniel-Johson School

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 1093333
Building Type Detached
Floor Nb. 3
Year Built 1979
Lot Area 54784
Building Area 12134
Stove As per leases
Refrigerator As per leases
Washer Owner
Dryer Owner
Elevator None
Wash/Dry Hookups 4 1/2 and 5 1/2
Dishwasher Hookups
Pool Exterior inground
Furnished No
AC units
Basement Apartments
Fireplace None
Intercom Yes

Building Overview

Roof Roof refone in 2017-2018 (elastomeric membrane) - 115,000$
Windows Sliding windows
Balconies Fiberglass balcony for each unit and patio for basement units
Exterior Walls Brick building, wood structure
Electricity Breakers
Plumbing Copper/ABS plumbing
Heating System Electric heating paid by the tenants
Hot Water Tanks 49 x 40GAL water heaters are less than 10 years old with 22 changed in the last 5 years
Elevator None
Garage Outdoor parking only
Bathrooms Apartment #12 completely renovated in 2019
Kitchens Apartment #12 completely renovated in 2019
Certificate of Location Gaetan Lareau - 2013-12-20
Envrionmental Report Phase 3 - SNC Lavalin - 2014-06

Notes

- Inground pool repaired in 2016
- Fire alarm redone in 2020
- Security cameras with recorder
- The information presented above are to be verified by the buyer during the inspection period.
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