Immeubles Gloria
2040-2044 Victoria, Greenfield Park
0 residential units, 7 commercial units | 3,725,000$

Description

Commercial
0
0
0
0
0
0
0
7

Financial Overview

Revenue 250,014$
Cap. Rate 4.54 %
GRM 14.90
NRM 21.99
Return on Cash Flow 1.86 %
Return on Investment 3.92 %

Municipal Evaluation

Previous Assessment 2022-2024 1,095,400$
 
Land 2025-2027 562,100$
Building 2025-2027 661,900$
Total 2025-2027 1,224,000$

Highlights

- Rare opportunity to acquire a well-maintained commercial property - Includes 7 commercial units and ±25 parking spaces
- Located in Greenfield Park, near Saint-Lambert and Brossard - All leases are Triple Net with initial terms of 5 years
- Minutes away from Champlain Mall and Quartier Dix30 - Extensively renovated in 2011
- Ideally positioned less than 2 km from the Panama REM station - Zoning allows for both commercial and residential development
- Situated on a corner lot of ±22,000 sq. ft. - An excellent investment opportunity not to be missed!
- Leasable area of ±8,400 sq. ft. plus an 8-ft basement

Residential

Studio 1 ½ 0
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   0

Commercial

Commercial 0
Total Units   0

Parking

Parking 25
Garage 0
Storage 0
Total Spaces   25

Location

Main Artery Taschereau blvd.
Intersection Taschereau / Lapinière
Shopping Center Mall Champlain, Dix30
Metro Station Panama REM station
Bus 6, 37, 525, 606, 650
Attraction Quartier Dix30
Hospital Charles-Le Moyne
School

Heating

Energy Source Electricity
Heating Type Electric Baseboards
Responsibility Tenants

Heating Hot Water

Energy Source Electricity
Responsibility Tenants
Water Tank

General Information

Zoning Semi-Commercial
Cadastral 2795362
Building Type Detached
Floor Nb. 1
Year Built 1962
Lot Area 2043
Building Area 783
Stove None
Refrigerator None
Washer None
Dryer None
Elevator None
Wash/Dry Hookups None
Dishwasher Hookups None
Pool None
Furnished None
AC units
Basement 2040, 2042, 2044
Fireplace None
Intercom None

Building Overview

Roof Mostly renovated around 2011
Windows Mostly renovated around 2011
Balconies Mostly renovated around 2011
Exterior Walls Mostly renovated around 2011 | Steel structure with concrete block walls between the units
Electricity Electricity paid by the tenants
Plumbing
Heating System Electrical heating paid by the tenants
Hot Water Tanks Electrical hot water paid by the tenants
Elevator None
Garage 25 exterior parking spaces
Bathrooms
Kitchens
Certificate of Location Pierre Roberger - 2010-10-01
Environmental Report Phase 1 - Geologos - 2011-03-24

Notes

- Current zoning : Usage C2, C3, C4, C10, C11 | Zone C-68
- 2025 projected zoning : Usage C.2, C.3 and C.4 with Net Residential Density of minimum 75 residential units per hectare | Zone C21-063
- The future zoning would allow for a mixed-use residential and/or commercial development up to 3 floors.
- The building was mostly renovated around 2011
*** This sale is made without any legal warranty of quality, on an “as is, where is” basis, at the buyer's own risks. ***
Top