Immeubles Gloria
3901 Saint-Hubert, Plateau-Mont-Royal
35 residential units, 0 commercial units | 2,975,000$

Description

Residential
35
0
0
0
0
0
35
0

Financial Overview

Revenue 301,500$
Cost per Unit 85,000$
Cap. Rate 5.40 %
GRM 9.87
NRM 18.50
Return on Cash Flow 5.24 %
Return on Investment 5.24 %

Municipal Evaluation

Previous Assessment 2023-2025 1,848,000$
 
Land 2026-2028 1,495,700$
Building 2026-2028 518,600$
Total 2026-2028 2,014,300$

Highlights

- Rooming house in the heart of the Plateau-Mont-Royal - The 35 rooms have been well maintained and are in good condition
- Incredible location steps away from La Fontaine Park - Included in leases: heating, hot water, electricity, internet, furniture
- Sherbrooke metro is 550 meters away (5 min walk) - Well managed property with great quality of tenants
- The vibrant Mont-Royal avenue is 10 minutes away - Ideal project for a optimization with lots of upside
- Square Saint-Louis, downtown and Quartier Latin nearby - Excellent investment opportunity in an amazing location!
- 2 independent single garage spaces in the back

Residential

Studio 1 ½ 35
Alcove 2 ½ 0
1 bdrm 3 ½ 0
2 bdrm 4 ½ 0
3 bdrm 5 ½ 0
4 bdrm + 6 ½ + 0
Total Units   35

Commercial

Commercial 0
Total Units   0

Parking

Parking 0
Garage 2
Storage 0
Total Spaces   2

Location

Main Artery Saint-Denis
Intersection Duluth / St-Hubert
Shopping Center Place Dupuis / av Mont-Royal
Metro Station Place Dupuis / av Mont-Royal
Bus 14, 30, 361, 427
Attraction La Fontaine Park
Hospital Notre-Dame Hospital, CHUM
School UQAM, McGill, Concordia

Heating

Energy Source Electricity
Heating Type Electric Baseboards
Responsibility Owner

Heating Hot Water

Energy Source Electricity
Responsibility Owner
Water Tank 3 x 60GAL

General Information

Zoning Residential
Cadastral 1202565
Building Type Semi-Detached
Floor Nb. 3
Year Built 1910
Lot Area 4065
Building Area 0
Stove Included in leases
Refrigerator Included in leases
Washer Owner
Dryer Owner
Elevator None
Wash/Dry Hookups Laundry room
Dishwasher Hookups None
Pool None
Furnished Yes
AC units
Basement Apartments
Fireplace None
Intercom None

Building Overview

Roof Tar and gravel (approximately 2005)
Windows Some windows have been replaced or repaired since 2018
Balconies Front stairs redone 2025 | Back balcony supports and floorings redone since 2018
Exterior Walls Piling was done on the St-Hubert and Napoléon façade approx. 40 years ago | Brick and foundation work to be expected
Electricity Main electrical entry 800AMP | 200AMP panel on each floor
Plumbing
Heating System Electric heating, hot water and electricity paid by the owner
Hot Water Tanks 3 electrical hot water heaters 60GAL (2 x 2013 et 1 x 2019)
Elevator None
Garage 2 garages | Automatic garage opener installed in 2018
Bathrooms 2 common toilet rooms and 2 shower rooms on each floor | Each common bathroom has been renovated since 2018
Kitchens All the rooms have been renovated since 2018 including kitchen cabinets, countertops, sink, faucets and paint
Certificate of Location Sylvain Lebel - 2023-06-02
Environmental Report Phase 1 (2018), Phase 2 (2021), Phase 3 (2025) | Currently in discussion to obtain decontamination quotations

Notes

- Each room is equiped with a small kitchen area with stove-top, minifridge (21 units) and full size fridge (14 units)
- No private bathrooms in the rooms | Common bathrooms and showers on each floor
- Each room includes : Fridge, stove, microwave, sink, wifi, cable, TV, bed, furniture
- Zoning : H.2-4 : 2 to 8 units and rooming house | Zone 0463
*** 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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