Immeubles Gloria
4455 Bellechasse, Rosemont-La Petite-Patrie
40 residential units, 0 commercial units | 7,400,000$

Description

Financial Overview

Revenue 420,266$
Cost per Unit 185,000$
Cap. Rate 3.83 %
GRM 17.61
NRM 26.11
Return on Cash Flow 1.77 %
Return on Investment 2.86 %

Municipal Evaluation

Previous Assessment 2017-2019 3,712,000$
 
Land 2020-2022 698,600$
Building 2020-2022 3,681,600$
Total 2020-2022 4,380,200$

Highlights

- Beautiful concrete building of 40 units with elevator - Great quality of tenants, rarely any vacants
- Great location in the heart of Rosemont - Good potential to increase the rents
- Next to future Pie-IX BRT rapid bus service link to Laval - This property could qualify very well for a MLI Select CMHC financing
- Close to Rosemont College, Maisonneuve Park, Botanical Garden - Amazing investment opportunity!
- Electrical heating paid by tenants, hot water paid by owner
- Very well maintained, many renovations in recent years

Residential

Studio 1 ½ 8
Alcove 2 ½ 4
1 bdrm 3 ½ 13
2 bdrm 4 ½ 15
3 bdrm 5 ½ 0
4 bdrm + 6 ½ + 0
Total Units   40

Commercial

Commercial 0
Total Units   0

Parking

Parking 0
Garage 15
Storage 0
Total Spaces   15

Location

Main Artery Pie IX blvd.
Intersection Rosemont, Jean-Talon
Shopping Center Le Boulevard Shopping Center
Metro Station St-Michel and Pie-IX Metro
Bus 95, 139, 355, 439
Attraction Pie-IX BRT, rapid bus
Hospital Maisonneuve-Rosemont
School Rosemont Cegep

Heating

Energy Source Electricity
Heating Type Electric Baseboards
Responsibility Tenants

Heating Hot Water

Energy Source Natural Gas
Responsibility Owner
Water Tank 2 x 115 gallons

General Information

Zoning Residential
Cadastral 2788117
Building Type Detached
Floor Nb. 4
Year Built 1975
Lot Area 998
Building Area 0
Stove As per leases
Refrigerator As per leases
Washer Owner
Dryer Owner
Elevator 1 elevator
Wash/Dry Hookups Laundry room
Dishwasher Hookups None
Pool None
Furnished Some fridge & stoves
AC units None
Basement Garage
Fireplace None
Intercom Yes

Building Overview

Roof Roof replaced 2013
Windows
Balconies Concrete with galvanized railings
Exterior Walls Concrete structure
Electricity 100 AMP with breakers
Plumbing
Heating System Electrical heating paid by the tenants
Hot Water Tanks 2 hot water tanks of 115 gallons each, heated with natural gas, replaced in 2017
Elevator One elevator
Garage 15 interior spaces
Bathrooms
Kitchens
Certificate of Location Christian Leger - 2014-06
Envrionmental Report Phase 1 (2019) Soli Environnement | Toxicologic Test (2020) MESIQ (available upon request)

Notes

- 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, at the buyer's own risk.***
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