Immeubles Gloria
St-Denis, Rosemont - La-Petite-Patrie
6 residential units, 0 commercial units

Description

Financial Overview

Revenue 161,580$
Cost per Unit 466,667$
Cap. Rate 4.30 %
GRM 17.33
NRM 23.21
Return on Cash Flow 3.47 %
Return on Investment 9.29 %

Municipal Evaluation

Previous Assessment 2017-2019 1,100,000$
 
Land 2020-2022 498,200$
Building 2020-2022 777,800$
Total 2020-2022 1,276,000$

Highlights

- Beautiful building with 6 very large units in the heart of Rosemont - Historical cachet, high ceiling, plaster moldings, fireplace
- Incredible location right next to Jean-Talon Metro station - Washer/dryer/dishwasher hookups in all the units
- Marché Jean-Talon and St-Hubert Plaza closeby - Natural gas heating in 7081 and 7081A only, paid by the owner
- Many recent investments into renovation, turn-key project - Very well maintained building with potential to increase the revenues
- High end units renovated with luxurious materials - Excellent investment opportunity in an amazing location!
- New unit was added in the basement (2021) with permit

Residential

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

Commercial

Commercial 0
Total Units   0

Parking

Parking 5
Garage 4
Storage 1
Total Spaces   10

Location

Main Artery Jean-Talon E.
Intersection St-Denis / Jean-Talon
Shopping Center Plaza St-Hubert
Metro Station Jean-Talon Metro
Bus 31, 92, 93, 95, 361
Attraction Marché Jean-Talon, Jarry Park
Hospital Jean-Talon Hospital
School UdeM, HEC, McGill

Heating

Energy Source Electricity & Gas
Heating Type Electric Baseboards
Responsibility Tenants & Owner

Heating Hot Water

Energy Source Electricity
Responsibility Tenants & Owner
Water Tank

General Information

Zoning Residential
Cadastral 2333762
Building Type Semi-Detached
Floor Nb. 3
Year Built 1928
Lot Area 452
Building Area 0
Stove As per leases
Refrigerator As per leases
Washer In apartments
Dryer In apartments
Elevator None
Wash/Dry Hookups In all apartments
Dishwasher Hookups In all apartments
Pool None
Furnished
AC units Wall unit in 7081
Basement Yes
Fireplace Yes
Intercom None

Building Overview

Roof Elastomere membrane
Windows
Balconies 7081: 1,000 sq.ft private terrace with outdoor kitchen
Exterior Walls
Electricity
Plumbing
Heating System Gas heating in 7081 and 7081A paid by the owner, A/C in 7081
Hot Water Tanks 6 hot water heater in the basement, hot water paid by the tenants
Elevator None
Garage 4 garage spaces, 3 rentable exterior parking spaces
Bathrooms 7081A: Completely new unit 7077: renovated unit
Kitchens 7081A: Completely new unit 7077: renovated unit
Certificate of Location Geoposition - 2021-01-21
Envrionmental Report

Notes

- The basement unit (7081A) was built in 2021 at a cost of approximately 100,000$, with the permits from the City
- Over 100,000$ have been invested in the renovation of the 2nd and 3rd floor units and landscaping
- The seller offers no warranty concerning the fireplaces (conformity or other)
- 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 ***
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