Investors, take note! Detached two-storey office building on Saint-Martin Boulevard East in Laval (Duvernay). Two leased units totalling 4,960 sq. ft., including a 10-year lease running until 2034 with built-in annual increases: predictable long-term income. 13,770 sq. ft. lot, 20 outdoor parking spaces and a pylon sign facing the boulevard. Served by municipal water and sewer. A solid commercial asset to seize in Laval!
Sale with exclusion(s) of legal warranty - See listing broker(s)
Lease details: Unit 101: 2,439 sq. ft., 10-year gross lease starting October 1, 2024 and ending in September 2034. Current monthly rent: $4,421.15 ($21.75/sq. ft.). Increases of 3% per year for the first 5 years, then 4% per year for the last 5 years. Operating and energy expenses paid by the owner. Unit 201: 2,521 sq. ft., 5-year lease starting June 1, 2020. Current monthly rent: $4,968.36 ($23.65/sq. ft., gross rent, operating expenses included).
Signing of the deed of sale: 60 to 90 days following the acceptance of a promise to purchase. Occupancy as per the leases.
Building details and property interior
Dimensions
34' X 79' 4" irr.
Year constructed
1984
Living area
4,945 ft²
Lot and exterior features
Lot size
80' X 169' 1" irr.
Lot area
13,770 ft²
Parking (total)
Driveway (20)
Characteristics
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
Lot assessment
$ 371,800
Building assessment
$ 399,700
Total
$ 771,500
Taxes
Municipal
(2026)
$ 19,715
School
(2026)
$ 560
Total
$ 20,275
Inclusions and exclusions
Inclusions
The leases in force for units 101 and 201.
Exclusions
All tenants' personal belongings, as per the leases in force.
Mortgage payment calculator
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This document is not an offer or a promise that may bind the seller, but is an invitation to submit such offers or promises.