6,912 sq. ft. lot sold with an approved project for a detached 6-plex (6 x spacious 4 ½ units of 1,050 sq. ft.). Turnkey file includes: construction and demolition permits, complete plans (architecture/structure), and environmental reports. Located at 4100 Montée Masson. Skip administrative delays and start your investment immediately.
Sale with exclusion(s) of legal warranty - See listing broker(s)
TURNKEY PROJECT -- LAND WITH APPROVED PLANS AND PERMITS FOR A 6-PLEX
Seize this immediate investment opportunity at 4100 Montée Masson in Laval. This 6,912 sq. ft. lot is sold with a complete and approved project for the construction of a detached 6-unit building. All the administrative work has been done for you: save months of delays and start construction without waiting.
PROJECT HIGHLIGHTS:
Ready to Build: The sale includes exhaustive documentation: construction, demolition, and connection permits , architectural and structural plans , and Phase I and II environmental reports.
The projected building features 6 large 4 ½ units (1,050 sq. ft. each), the configuration most sought-after by tenants for stability.
Attractive Profitability: Estimated potential gross revenue of $139,200/year with a projected normalized net income of $101,500.
Construction Quality: Modern plans featuring a detached building with rear parking, facilitating easy management and strong resale value.
STRATEGIC LOCATION AND SECTOR POTENTIAL:
Superior Accessibility: Located directly on Montée Masson, a main artery ensuring excellent visibility and quick access to major routes.
Growing Sector: The area is in full development. Rental demand is strong due to proximity to services, schools, and parks, while offering easy access to Montreal and the North Shore via the A25 bridge.
Lifestyle: A location that combines residential tranquility with proximity to urban amenities and green spaces.
Don't miss this project optimized for the savvy investor.