Immeubles Gloria
4803-4811 Saint-Urbain, Plateau-Mont-Royal
5 residential units, 1 commercial unit | 4,175,000$

Description

Semi-Commercial
0
0
0
2
1
2
5
1

Financial Overview

Revenue 247,615$
Cap. Rate 4.52 %
GRM 16.86
NRM 22.09
Return on Cash Flow 2.87 %
Return on Investment 7.37 %

Municipal Evaluation

Previous Assessment 2023-2025 1,331,000$
 
Land 2026-2028 830,700$
Building 2026-2028 673,300$
Total 2026-2028 1,504,000$

Highlights

- Incredible semi-commercial property in the heart of the Plateau - Unit mix includes: 2 × 4½, 1 × 5½, 1 × 7½, and 1 × 8½
- 950 meters from Mont-Royal metro station - High-end interior finishings throughout all 5 apartments
- Near Mount-Royal and Jeanne-Mance Parks - Commercial space rented long-term to a pharmacy
- Steps from Saint-Laurent Boulevard’s restaurants and cafés - Full height basement for commercial storage use
- The building was extensively renovated in 2024 - Possibility to qualify for CMHC MLI Select financing (over 80%)
- 5 large renovated apartments and 1 commercial space - Amazing turn-key investment opportunity in a prime location!

Residential

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

Commercial

Commercial 1
Total Units   1

Parking

Parking 0
Garage 0
Storage 0
Total Spaces   0

Location

Main Artery Park avenue
Intersection St-Urbain / Villeneuve
Shopping Center Promenades Mont-Royal
Metro Station Mont-Royal
Bus 11, 55, 97, 363
Attraction Mount-Royal
Hospital Notre-Dame Hospital
School UQAM, McGill, Concordia

Heating

Energy Source Electricity
Heating Type Electric Baseboards
Responsibility Tenants

Heating Hot Water

Energy Source Electricity
Responsibility Tenants
Water Tank

General Information

Zoning Semi-Commercial
Cadastral 6331608
Building Type Semi-Detached
Floor Nb. 3
Year Built 0
Lot Area 293
Building Area 252
Stove Included in leases
Refrigerator Included in leases
Washer Included in leases
Dryer Included in leases
Elevator None
Wash/Dry Hookups In all apartments
Dishwasher Hookups In all apartments
Pool None
Furnished Appliances
AC units Heat pumps
Basement Storage
Fireplace None
Intercom None

Building Overview

Roof
Windows Replaced in 2024
Balconies
Exterior Walls
Electricity 200A main entry | 100A panels in the 4 1/2, 125A in the larger apartments
Plumbing Washer/dryer hookups in all the residential units.
Heating System 4807-4809-4811: Wall mounted heat pumps | 4803-4805-85 Villeneuve: Central heat pump
Hot Water Tanks Electrical hot water heaters for each apartment (located in the basement)
Elevator None
Garage None
Bathrooms 2 or 3 bathrooms per apartment
Kitchens All 5 apartments were completely redone in 2023-2024 with high-end finishings
Certificate of Location Certificate of Location - Denis Ethier - 2021-05-25
Environmental Report Phase 4 (2015-08-12) | A new Phase 1 environmental report will be received soon

Notes

- Zoning: Usage H.2-4, C.2 (Semi-commercial) | Zone 0677
- The commercial space represents 23% of the total building area.
- Possibility to obtain an advantageous CMHC MLI Select financing with the energy efficiency criteria.
- Major renovations 2024: Foundations, structure reinforcement, windows, complete renovation of 5 apartments, etc.
- Electricity redone in the apartments in 2024
*** 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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