Immeubles Gloria
5005-5039 St-Laurent, Sainte-Catherine
16 residential units, 0 commercial units | 2,725,000$

Description

Financial Overview

Revenue 155,436$
Cost per Unit 170,313$
Cap. Rate 3.49 %
GRM 17.53
NRM 28.60
Return on Cash Flow 0.80 %
Return on Investment 2.13 %

Municipal Evaluation

Previous Assessment 2017-2019 1,550,800$
 
Land 2020-2022 569,500$
Building 2020-2022 1,077,900$
Total 2020-2022 1,647,400$

Highlights

- Two 8-plex of recent 1989 construction in the heart of Ste-Catherine - Electricity, heating and hot water paid by the tenants
- 28 exterior parking spaces and 16 storage spaces - Included in the leases: one parking and one storage space
- Large lot of 39,000 sq.ft with lots of green space - Well maintained property with many recent renovations
- Short walking distance to Saint-Constant Commercial Center - Lots of potential to increase the revenues
- Easy access to Fleur-de-Lys Park directly behind the building - Qualifies very well for a CMHC MLI Select financing
- Washer/dryer hookups in all the units - Excellent investment opportunity !

Residential

Studio 1 ½ 0
Alcove 2 ½ 0
1 bdrm 3 ½ 0
2 bdrm 4 ½ 16
3 bdrm 5 ½ 0
4 bdrm + 6 ½ + 0
Total Units   16

Commercial

Commercial 0
Total Units   0

Parking

Parking 28
Garage 0
Storage 16
Total Spaces   44

Location

Main Artery Route 132
Intersection Route 132 / Des Écluses
Shopping Center Centre St-Constant
Metro Station Ste-Catherine train
Bus 30, 31, 32, 33, 37
Attraction St-Lawrence river
Hospital Lasalle Hospital
School Cégep Charles-Lemoyne

Heating

Energy Source Electricity
Heating Type Electric Baseboards
Responsibility Tenants

Heating Hot Water

Energy Source Electricity
Responsibility Tenants
Water Tank 40 Gallons

General Information

Zoning Residential
Cadastral 2372312
Building Type Detached
Floor Nb. 3
Year Built 1989
Lot Area 3648
Building Area 336
Stove As per leases
Refrigerator As per leases
Washer In apartments
Dryer In apartments
Elevator None
Wash/Dry Hookups In apartments
Dishwasher Hookups Some units
Pool None
Furnished
AC units Tenants
Basement Apartments
Fireplace None
Intercom Yes

Building Overview

Roof Elastomeric (2006)
Windows Sliding aluminium windows
Balconies Fiber glass balconies
Exterior Walls Brick and aluminium
Electricity
Plumbing Washer/dryer hookups in all the units
Heating System Electrical heating paid by the tenants
Hot Water Tanks Electrical hot water paid by the tenants | 1 hot water tank per apartment
Elevator None
Garage 28 exterior parkings | Each lease includes 1 parking space
Bathrooms
Kitchens
Certificate of Location Louise Rivard - 2022-06-29
Envrionmental Report Phase 1 - Envirotest - 2022-06-03

Notes

- 16 outdoor storage spaces included in leases
- Zone H-460 | H3 Multifamily | 3-4 floors
- 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. ***
Top