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3375 Gélineau, St-Hubert
8 residential units, 0 commercial units | 2,500,000$
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Overview
Revenue
Financing
Documents
Photos
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Download PDF
Contact Us
Back to List
Overview
Revenue
Financing
Documents
Photos
View on map
3375 Gélineau, St-Hubert
8 residential units, 0 commercial units | 2,500,000$
Description
Residential
0
0
0
0
8
0
8
0
Financial Overview
Revenue
150,960$
Cost per Unit
312,500$
Cap. Rate
4.65 %
GRM
16.56
NRM
21.47
Return on Cash Flow
4.21 %
Return on Investment
8.48 %
Municipal Evaluation
Previous Assessment
2022-2024
1,160,600$
Land
2025-2027
342,400$
Building
2025-2027
1,141,100$
Total
2025-2027
1,483,500$
Highlights
- Gorgeous 8-plex located in the heart of St-Hubert
- Washer/dryer and dishwasher hookups in all the units
- Good location near all services, transports, parks and amenities
- 5 apartments renovated in the last 5 years
- DIX30 and Promenades St-Bruno are 15 minutes away
- 3 units still have below-market rents, lots of room for optimization
- 8 large apartments of over 1,000 sq.ft. each
- Possibility of CMHC MLI Select financing
- Each tenant has a parking space and a storage locker
- Possibility to purchase with minimal down payment
- Electric heating and hot water paid by the tenants
- Amazing investment opportunity in a great neighborhood
Residential
Studio
1 ½
0
Alcove
2 ½
0
1 bdrm
3 ½
0
2 bdrm
4 ½
0
3 bdrm
5 ½
8
4 bdrm +
6 ½ +
0
Commercial
Commercial
0
Parking
Parking
12
Garage
0
Storage
8
Location
Main Artery
boul. Davis
Intersection
Gélineau & Lapierre
Shopping Center
Promenades St-Bruno
Metro Station
Longueuil metro
Bus
Attraction
Parc de la Cité
Hospital
Charles-LeMoyne Hospital
School
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
2200075
Building Type
Detached
Floor Nb.
3
Year Built
1978
Lot Area
760
Building Area
197
Stove
As per leases
Refrigerator
As per leases
Washer
In apartments
Dryer
In apartments
Elevator
None
Wash/Dry Hookups
In apartments
Dishwasher Hookups
In apartments
Pool
None
Furnished
None
AC units
None
Basement
Apartments
Fireplace
None
Intercom
Yes
Building Overview
Roof
Elastomeric membrane (2024 | 31,000$)
Windows
Balconies
Exterior Walls
Electricity
100 AMP panels in all the units
Plumbing
Washer/dryer hookups in all the units
Heating System
Electric heating paid by the tenants
Hot Water Tanks
Electric hot water heating paid by the tenants
Elevator
None
Garage
12 exterior parking spaces
Bathrooms
Renovated apartments : #1, 2, 5, 7, 8
Kitchens
Renovated apartments : #1, 2, 5, 7, 8
Certificate of Location
Luc Sauve - 2014-01-16
Environmental Report
Phase 1 - EnviroServices - 2020-08-01
Notes
- Zoning : Usage H.4 (8 units) | Zone H-407
- Possibility to qualify for CMHC MLI Select 50 points financing with energy efficiency
*** 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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