Immeubles Gloria
3845-3853 Claude, Verdun
5 residential units, 0 commercial units | 1,540,000$

Description

Residential
0
0
4
0
1
0
5
0

Financial Overview

Revenue 80,160$
Cost per Unit 308,000$
Cap. Rate 3.78 %
GRM 19.21
NRM 26.41
Return on Cash Flow 0.95 %
Return on Investment 1.76 %

Municipal Evaluation

Previous Assessment 2020-2022 681,400$
 
Land 2023-2025 386,200$
Building 2023-2025 547,300$
Total 2023-2025 933,500$

Highlights

- Ideal investment property: Perfect for investors or owner-occupant - 3 out of 5 units completely renovated in 2021-2022
- Building features: 1 x 5 ½ and 4 x 3 ½, 3 parking, 700 sq ft backyard - Large renovated 1,200 sq.ft ground-floor 5 1/2
- Prime Location: In the heart of vibrant Verdun neighborhood - Electrical heating and hot water paid by the tenants
- Steps from Wellington Street and De l'Église metro station - Great potential to increase the rents in the 2 non-renovated units
- Close to Arthur-Therrien Park, Verdun Beach, Atwater Market - Qualifies for an advantageous CMHC MLI Select financing
- Walk Score: 93 and Bike Score: 95 - Incredible investment opportunity in a great location!

Residential

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

Commercial

Commercial 0
Total Units   0

Parking

Parking 3
Garage 0
Storage 0
Total Spaces   3

Location

Main Artery Wellington St.
Intersection Hickson
Shopping Center Promenades Wellington
Metro Station Verdun Metro and De L'Église
Bus 58, 61, 108, 350
Attraction Verdun's Beach, Lachine Canal
Hospital MUHC
School Concordia, McGill, UQAM

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 1154357
Building Type Attached
Floor Nb. 3
Year Built 1931
Lot Area 292
Building Area 0
Stove As per leases
Refrigerator As per leases
Washer In apartments
Dryer In apartments
Elevator None
Wash/Dry Hookups In all apartments
Dishwasher Hookups In some apartments
Pool None
Furnished Renovated units : 5 appliances
AC units Renovated units : Wall units
Basement Crawlspace
Fireplace None
Intercom None

Building Overview

Roof Tar and gravel (July 2017) | 10 years warranty
Windows
Balconies Ground level and 2nd floor front balconies replaced with fiberglass (June 2020) | Exterior aluminium front stairs replaced (2020)
Exterior Walls
Electricity 100AMP panels in the units
Plumbing
Heating System Electrical heating paid by the tenants | 3845, 3849, and 3853 have wall-mounted A/C units
Hot Water Tanks Electrical hot water heating paid by the tenants
Elevator None
Garage 3 exterior parking spaces
Bathrooms 3845, 3849, and 3853 : Completely renovated, new kitchen, new bathroom, A/C wall units
Kitchens 3845, 3849, and 3853 : Completely renovated, new kitchen, new bathroom, A/C wall units
Certificate of Location Martin Lavoie - 2020-11-30
Environmental Report None

Notes

- Zoning : H1-H3 | Up to 12 units | Zone 02-67
- 3 out of 5 units were completely renovated in 2021-2022
- 700 sq ft backyard used exclusively by the tenant of 3845 on the ground floor
- Possibility to qualify for an advantageous CMHC MLI SELECT financing with the energy efficiency criteria
*** This sale is made without any legal warranty of quality, on an “as is, where is” basis, at the BUYER’s own risks ***
Top