Immeubles Gloria
Rue Principale E., Sainte-Agathe-des-Monts
8 residential units, 0 commercial units

Description

Residential
0
0
4
0
4
0
8
0

Financial Overview

Revenue 98,832$
Cost per Unit 170,000$
Cap. Rate 4.36 %
GRM 13.76
NRM 22.93
Return on Cash Flow 3.54 %
Return on Investment 7.99 %

Municipal Evaluation

Previous Assessment 2022-2024 658,100$
 
Land 2025-2027 228,600$
Building 2025-2027 630,000$
Total 2025-2027 858,600$

Highlights

- Amazing 8-unit building in Sainte-Agathe-des-Monts - Most units have been renovated within the last 10 years
- Located in the heart of Sainte-Agathe’s vibrant downtown - Current rents are below market value for the area
- Just an 8-minute walk to the Lac des Sables municipal beach - Two units currently vacant
- Only 5 minutes on foot to Le Carrefour Ste-Agathe shopping center - Huge potential for revenue growth
- 25 minutes away from Mont Tremblant and Mont Blanc - Eligible for over 85% in CMHC MLI Select financing
- Large lot with 8 parking spaces and outdoor storage units - An excellent investment opportunity not to be missed!

Residential

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

Commercial

Commercial 0
Total Units   0

Parking

Parking 8
Garage 0
Storage 8
Total Spaces   16

Location

Main Artery Route 117
Intersection Route 117 / rue Principale E
Shopping Center Carrefour Ste-Agathe
Metro Station
Bus
Attraction Mont Blanc, Mont Tremblant
Hospital Ste-Agathe Hospital
School

Heating

Energy Source Electricity
Heating Type Electric Baseboards
Responsibility Tenants & Owner

Heating Hot Water

Energy Source Electricity
Responsibility Tenants & Owner
Water Tank

General Information

Zoning Residential
Cadastral 5747446
Building Type Detached
Floor Nb. 2
Year Built 1975
Lot Area 1145
Building Area 186
Stove As per leases
Refrigerator As per leases
Washer In apartments
Dryer In apartments
Elevator None
Wash/Dry Hookups In apartments
Dishwasher Hookups #7
Pool None
Furnished Fridge and stove (50%)
AC units None
Basement Apartments
Fireplace None
Intercom Yes

Building Overview

Roof Elastomeric membrane (2017 | 20,000$) | 10-year transferable warranty
Windows
Balconies Balconies and railings recently redone
Exterior Walls
Electricity The owner pays the heating, hot water and electricity for the 3 1/2
Plumbing Apartment #7 has a dishwasher hookup
Heating System 5 1/2: Electrical heating paid by the tenants | 3 1/2: Electrical heating paid by the owner
Hot Water Tanks 5 1/2: Electrical hot water paid by the tenants | 3 1/2: Electrical hot water paid by the owner
Elevator None
Garage 8 exterior parking spaces
Bathrooms Several renovated units
Kitchens Several renovated units
Certificate of Location Adam Masson-Godon - 2025-04-23
Environmental Report Phase 1 - Enviro-Conseil - 2013 | Phase 2 - Solmatech - 2014 | A new Phase 1 has been mandated

Notes

- Steps from Lac des Sables – Proximity to the lake increases appeal for long-term tenants and seasonal renters alike.
- Walkable Urban Setting – Tenants enjoy walking distance to grocery stores, pharmacies, cafes, schools, and medical centers.
- Tourism-Backed Economy – A reliable base of short-term rental guests year-round, offering flexibility in rental strategies.
*** 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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