Immeubles Gloria
7141 Champchevrier, Anjou
5 residential units, 0 commercial units | 1,375,000$

Description

Residential
0
0
0
3
2
0
5
0

Financial Overview

Revenue 75,240$
Cost per Unit 275,000$
Cap. Rate 3.25 %
GRM 18.27
NRM 30.69
Return on Cash Flow 0.76 %
Return on Investment 1.73 %

Municipal Evaluation

Previous Assessment 2023-2025 1,006,800$
 
Land 2026-2028 385,300$
Building 2026-2028 893,300$
Total 2026-2028 1,278,600$

Highlights

- Beautiful 5-unit building ideally located near the future Anjou Metro - Central heating and hot water powered by natural gas
- Strategic location close to Galeries d’Anjou - Potential for electric conversion to reduce operating costs
- Five large units: 2 x 5½ and 3 x 4½ - Area with strong rental demand and stable tenant base
- Double garage and 4 outdoor parking spaces - Current rents are very low, offering strong upside potential
- Well-maintained property with some renovations (units #2, #3, and #5) - Possibility of advantageous CMHC MLI Select 100 points financing
- Roof redone in 2024, reducing short-term expenses - Excellent investment opportunity in a high-demand area!

Residential

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

Commercial

Commercial 0
Total Units   0

Parking

Parking 4
Garage 2
Storage 0
Total Spaces   6

Location

Main Artery Highway 40
Intersection A40 / A25
Shopping Center Galeries d'Anjou
Metro Station Anjou Metro (future)
Bus
Attraction
Hospital Rivière-des-Prairies
School

Heating

Energy Source Natural Gas
Heating Type Hot Water
Responsibility Owner

Heating Hot Water

Energy Source Natural Gas
Responsibility Owner
Water Tank

General Information

Zoning Residential
Cadastral 1006216
Building Type Semi-Detached
Floor Nb. 2
Year Built 1969
Lot Area 535
Building Area 0
Stove Tenants
Refrigerator Tenants
Washer Tenants
Dryer Tenants
Elevator None
Wash/Dry Hookups In apartments
Dishwasher Hookups None
Pool None
Furnished None
AC units None
Basement Unit and garage
Fireplace None
Intercom Yes

Building Overview

Roof Membrane (2024-06 | 28,000$)
Windows
Balconies
Exterior Walls
Electricity
Plumbing
Heating System Natural gaz heating paid by the owner
Hot Water Tanks Natural gaz heated hot water paid by the owner
Elevator None
Garage Double garage | 4 exterior parking spaces
Bathrooms Apartments #2-3-5 renovated in the last 10 years
Kitchens Apartments #2-3-5 renovated in the last 10 years
Certificate of Location Etienne Coté - 2021-02-02
Environmental Report

Notes

- Zoning: H.3 (Multifamily) | Zone H-137
- Possibility to qualify for an advantageous CMHC MLI Select financing with the energy efficiency and/or affordability criteria.
*** 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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