Immeubles Gloria
317-329 Roy E., Plateau-Mont-Royal
6 residential units, 1 commercial unit | 2,395,000$

Description

0
0
4
2
0
0
6
1

Financial Overview

Revenue 154,509$
Cap. Rate 4.63 %
GRM 15.50
NRM 21.59
Return on Cash Flow 2.50 %
Return on Investment 4.22 %

Municipal Evaluation

Previous Assessment 2017-2019 860,800$
 
Land 2020-2022 341,400$
Building 2020-2022 944,300$
Total 2020-2022 1,285,700$

Highlights

- Amazing semi-commercial property in the heart of the Plateau - Commercial lease ends in 2028, great stable tenant
- Incredible location near Sherbrooke metro station - Electrical heating and hot water paid by the tenants
- A short walk away from the Mount-Royal and Square St-Louis - Washer dryer hookups in all the apartments
- Many renovations were done in the last years - Leases include: Fridge, stove, washer, dryer and dishwasher
- Plumbing, electricity, windows, kitchens, etc. - Great quallity of tenants, very easy management
- Over 100,000$ was invested in renovating the commercial unit in 2011 - Excellent investment opportunity in amazing location!

Residential

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

Commercial

Commercial 1
Total Units   1

Parking

Parking 0
Garage 0
Storage 0
Total Spaces   0

Location

Main Artery Sherbrooke
Intersection Sherbrooke / St-Denis
Shopping Center Place Dupuis
Metro Station Sherbrooke, Berri-UQAM
Bus 144, 360, 427
Attraction Square Saint-Louis
Hospital Notre-Dame
School UQAM, McGill, Concordia

Heating

Energy Source Electricity
Heating Type Electric Baseboards
Responsibility Tenants

Heating Hot Water

Energy Source Electricity
Responsibility Tenants
Water Tank

General Information

Zoning Résidentiel & Commercial
Cadastral 1202247
Building Type Attached
Floor Nb. 3
Year Built 1910
Lot Area 221
Building Area 0
Stove As per leases
Refrigerator As per leases
Washer In apartments
Dryer In apartments
Elevator None
Wash/Dry Hookups In apartments
Dishwasher Hookups In apartments
Pool None
Furnished 5 appliances
AC units
Basement
Fireplace
Intercom

Building Overview

Roof 2011
Windows Most windows and exterior doors were replaced since 2015
Balconies
Exterior Walls Brick completely redone on Roy façade
Electricity Completely redone in 2011 except for 3802 Drolet | 100AMP panels with breakers in each units
Plumbing Completely redone in 2011 except for 3802 Drolet | Washer-dryer and dishwasher hookups in all the units
Heating System Electrical heating paid by the tenants
Hot Water Tanks Electrical hot water tanks
Elevator None
Garage None
Bathrooms Many renovated bathrooms
Kitchens 6 renovated kitchens with quartz counter tops
Certificate of Location Roger Simard - 2017-04-11
Envrionmental Report Phase 1 & Phase 2 - Groupe Ortam - 2017-11

Notes

- Connected fire alarm system
- Commercial unit renovated in 2011 at a cost of 100,000$ for the day care tenant
- Commercial unit with A/C paid by the tenant
- Major fire in 2010 : Most of the building has been extensively renovated following the fire
- The information presented above are to be verified by the buyer during the inspection period.
*** This sale is made without any legal warranty of quality, on an “as is, where is” basis, at the BUYER’s own risks. ***
Top