Immeubles Gloria
Ancolies Project, Lavaltrie
24 residential units, 0 commercial units | 6,480,000$

Description

Financial Overview

Revenue 369,060$
Cost per Unit 270,000$
Cap. Rate 3.74 %
GRM 17.56
NRM 26.67
Return on Cash Flow 1.96 %
Return on Investment 2.98 %

Municipal Evaluation

Previous Assessment 2018-2020 47,400$
 
Land 2021-2023 632,000$
Building 2021-2023 3,348,000$
Total 2021-2023 3,980,000$

Highlights

- Project of four high-end 6-plexes built in 2021 in Lavaltrie - Electricity, heating and hot water paid by the tenants
- New residential development in the outskirts of the city - Close to all the services : shools, shopping center, restaurants
- Part of a horizontal co-ownership of 16 buildings - Excellent quality of tenants and easy management
- High-end construction with modern finishes - Possibility to finance advantageously each building individually
- The average unit size is over 1,000 sq.ft - Possibility to purchase each building separately
- Wall mounted A/C, central vacuum, parking, high speed internet - Incredible turn-key investment opportunity in fast growing area!

Residential

Studio 1 ½ 0
Alcove 2 ½ 0
1 bdrm 3 ½ 0
2 bdrm 4 ½ 16
3 bdrm 5 ½ 8
4 bdrm + 6 ½ + 0
Total Units   24

Commercial

Commercial 0
Total Units   0

Parking

Parking 48
Garage 0
Storage 0
Total Spaces   48

Location

Main Artery Route 138
Intersection Route 138 / Rue St-Antoine
Shopping Center Marché Lavaltrie
Metro Station
Bus
Attraction St. Lawrence river
Hospital Pierre-Le-Gardeur Hospital
School Cégep de Lanaudière

Heating

Energy Source Electricity
Heating Type Electric Baseboards
Responsibility Tenants

Heating Hot Water

Energy Source Electricity
Responsibility Tenants
Water Tank 40 GAL

General Information

Zoning Residential
Cadastral 6397276
Building Type Detached
Floor Nb. 3
Year Built 2021
Lot Area 0
Building Area 0
Stove As per leases
Refrigerator As per leases
Washer Tenants
Dryer Tenants
Elevator None
Wash/Dry Hookups In the units
Dishwasher Hookups Yes
Pool None
Furnished No
AC units Wall units
Basement Apartments
Fireplace Electric
Intercom No

Building Overview

Roof Asphalt shingles (2020-2021)
Windows Aluminium and PVC casement window (2020-2021)
Balconies
Exterior Walls Brick, vinyl and wood composite |  Wood structure
Electricity 400 AMP main electrical entry | 100 AMP panels with breakers in the units
Plumbing PVC and PEX
Heating System Electrical heating paid by the tenants
Hot Water Tanks Electrical hot water paid by the tenants | 40GAL hot water heater in each unit
Elevator None
Garage 48 exterior parking spaces | 12 parking spaces per building
Bathrooms Recent construction (2020-2021)
Kitchens Recent construction (2020-2021) | Quartz kitchen countertops
Certificate of Location August 2021
Envrionmental Report Phase 1 : 2018-05-30 | Phase 2 : 2019-02-05

Notes

- Four 6-plexes part of a horizontal co-ownership of 16 buildings, sharing common amenities
- CADASTRALS: 399-409 Ancolies: 6 397 271 | 196-206 Guy-Mousseau: 6 397 272 | 184-204 Guy-Mousseau: 6 397 273
- CADASTRALS: 398-408 Ancolies: 6 397 276 | Common Parts: 6 411 823 and 6 397 274
- Central vacuum, air exchanger, dishwasher and wall mounted A/C units in each apartment
- The condo fees include : lawn care, snow removal and garbage removal
- The information presented above are to be verified by the buyer during the inspection period.
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