Immeubles Gloria
399-409 Ancolies, Lavaltrie
6 residential units, 0 commercial units | 1,620,000$

Description

Financial Overview

Revenue 93,120$
Cost per Unit 270,000$
Cap. Rate 3.81 %
GRM 17.40
NRM 26.24
Return on Cash Flow 2.13 %
Return on Investment 3.61 %

Municipal Evaluation

Previous Assessment 2018-2020 11,600$
 
Land 2021-2023 157,500$
Building 2021-2023 837,500$
Total 2021-2023 995,000$

Highlights

- Amazing superior quality 6-plex 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 : schools, 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 buy together with 3 other 6-plexes in the same project
- The average unit size is over 1,000 sq.ft - Incredible turn-key investment opportunity in fast growing area!
- Wall mounted A/C, central vacuum, parking, high speed internet

Residential

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

Commercial

Commercial 0
Total Units   0

Parking

Parking 12
Garage 0
Storage 0
Total Spaces   12

Location

Main Artery Route 138
Intersection Route 138 / Rue St-Antoine
Shopping Center Marché Lavaltrie
Metro Station
Bus
Attraction Saint-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 6397271
Building Type Detached
Floor Nb. 2
Year Built 2021
Lot Area 331
Building Area 197
Stove Tenants
Refrigerator Tenants
Washer Tenants
Dryer Tenants
Elevator None
Wash/Dry Hookups All units
Dishwasher Hookups All units
Pool None
Furnished Dishwasher
AC units Wall units
Basement Apartments
Fireplace Yes electric
Intercom None

Building Overview

Roof Asphalt shingles
Windows Aluminium and PVC casement window
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 12 exterior parking spaces
Bathrooms Recent construction (2021)
Kitchens Recent construction (2021) | Quartz kitchen countertops
Certificate of Location August 2021
Envrionmental Report Phase 1 : 2018-05-30 | Phase 2 : 2019-02-05

Notes

- 6-plex part of a horizontal co-ownership of 16 buildings, sharing common amenities
- CADASTRALS: 399-409 Ancolies: 6 397 271 | 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
*** This property can be sold with 3 other 6-plexes in the same project. Please ask broker for more details ***
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