Immeubles Gloria
3034 Tessier, Laval
10 residential units, 0 commercial units | 2,300,000$

Description

Residential
0
0
4
6
0
0
10
0

Financial Overview

Revenue 107,400$
Cost per Unit 230,000$
Cap. Rate 2.98 %
GRM 21.42
NRM 33.55
Return on Cash Flow 1.11 %
Return on Investment 1.78 %

Municipal Evaluation

Previous Assessment 2019-2021 1,216,600$
 
Land 2022-2024 318,900$
Building 2022-2024 1,083,000$
Total 2022-2024 1,401,900$

Highlights

- Concrete building consisting of 10 condos located in Dowtown Laval - Common exterior inground pool shared with all the buildings
- Amazing location next to the Centropolis - Lots of rental demand in the area
- Close to Montmorency metro and Place Bell - The rents are extremely low for the location
- 1988 construction with concrete structure and floors - Incredible potential to increase the revenues
- All the units have their own cadastral number - Amazing investment opportunity
- Part of a co-ownership with the 19 other buildings on the street

Residential

Studio 1 ½ 0
Alcove 2 ½ 0
1 bdrm 3 ½ 4
2 bdrm 4 ½ 6
3 bdrm 5 ½ 0
4 bdrm + 6 ½ + 0
Total Units   10

Commercial

Commercial 0
Total Units   0

Parking

Parking 10
Garage 0
Storage 0
Total Spaces   10

Location

Main Artery St-Martin blvd.
Intersection Highway 15
Shopping Center Centropolis
Metro Station Montmorency
Bus 42, 61, 70
Attraction Carrefour Laval
Hospital Cité de la Santé
School Cegep Montmorency

Heating

Energy Source Electricity
Heating Type Electric Baseboards
Responsibility Tenants

Heating Hot Water

Energy Source Electricity
Responsibility Tenants
Water Tank

General Information

Zoning Residential
Cadastral 2057303
Building Type Semi-Detached
Floor Nb. 3
Year Built 1988
Lot Area 346
Building Area 0
Stove As per leases
Refrigerator As per leases
Washer Owner
Dryer Owner
Elevator None
Wash/Dry Hookups 4 1/2 only
Dishwasher Hookups
Pool Yes, shared
Furnished
AC units
Basement Apartments
Fireplace None
Intercom

Building Overview

Roof 2020
Windows
Balconies Concrete balconies
Exterior Walls Concrete structure and floors with superior noise isolation
Electricity
Plumbing Laundry room for 3 1/2 | All the 4 1/2 have washer/dryer hookups ensuite
Heating System Electrical heating paid by the tenants
Hot Water Tanks Electrical hot water paid by the tenants
Elevator None
Garage 10 exterior parkings
Bathrooms
Kitchens
Certificate of Location Fabien Chereau - 2022-04-20
Envrionmental Report

Notes

- Each unit has its own cadastral number: 2057303, 2057302, 2057300, 2057301, 2057293, 2057294, 2057296, 2057297, 2057298, 2057299
- The building is part of a co-ownership with the 19 other buildings on the street with a shared pool
- The condo fees include: insurance, snow removal, lawn care, pool maintenance
- Zoning: Zone CA-193
- 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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