Immeubles Gloria
2238-2242-2250-2254 Schulz, St-Jérôme
32 residential units, 0 commercial units | 8,450,000$

Description

Residential
0
0
0
8
24
0
32
0

Financial Overview

Revenue 494,640$
Cost per Unit 264,063$
Cap. Rate 4.04 %
GRM 17.08
NRM 24.69
Return on Cash Flow 1.52 %
Return on Investment 4.99 %

Municipal Evaluation

Previous Assessment 2020-2022 4,724,400$
 
Land 2023-2025 1,103,700$
Building 2023-2025 4,575,500$
Total 2023-2025 5,679,200$

Highlights

- Four superbly located 8-plexes in Saint-Jérôme - 12 outdoor parking spaces per building (total of 48 spaces)
- Recently built in 2014 - Good potential for rent increases
- Close to all services and the Carrefour du Nord shopping center - Possibility of advantageous CMHC MLI Select financing
- Large units of over 1,000 square feet - Incredible investment opportunity in a growing area!
- Electric heating and hot water paid by tenants
- Dishwasher and washer/dryer hookups in all units

Residential

Studio 1 ½ 0
Alcove 2 ½ 0
1 bdrm 3 ½ 0
2 bdrm 4 ½ 8
3 bdrm 5 ½ 24
4 bdrm + 6 ½ + 0
Total Units   32

Commercial

Commercial 0
Total Units   0

Parking

Parking 48
Garage 0
Storage 0
Total Spaces   48

Location

Main Artery boul. Lafontaine
Intersection Lafontaine / Schulz
Shopping Center Carrefour du Nord
Metro Station St-Jérôme EXO train
Bus
Attraction
Hospital St-Jérôme Hospital
School St-Jérôme Cegep

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 5115433
Building Type Detached
Floor Nb. 3
Year Built 2014
Lot Area 3689
Building Area 0
Stove Tenants
Refrigerator Tenants
Washer Tenants
Dryer Tenants
Elevator Aucun
Wash/Dry Hookups In all apartments
Dishwasher Hookups In all apartments
Pool None
Furnished None
AC units None
Basement Apartments
Fireplace None
Intercom Yes

Building Overview

Roof 2014
Windows 2014
Balconies
Exterior Walls
Electricity 100 AMP panels in the units
Plumbing
Heating System Electric heating paid by the tenants
Hot Water Tanks Electric hot water paid by the tenants
Elevator None
Garage 12 exterior parking spaces per building | 48 parking total
Bathrooms 2014 construction
Kitchens 2014 construction
Certificate of Location 2014-2015
Environmental Report Phase 1 - NVIRA - 2025-07-21

Notes

- Lot number: 2238 Schulz : 5115435 | 2242 Schulz : 4032156 | 2250 Schulz : 5115433 | 2254 Schulz : 4032155
- Zoning: H-4 (6 to 8 units) | Zone H-2060
- 2014 construction
*** 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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