Photo Main Photo of the property
$5,200,000
New
ULS: 11681113

16+-Plex for sale
3500 Rue Chalifoux, Laval (Chomedey) (Others)

Turnkey 16-Unit Detached Investment -- Chomedey If you're looking for a property where your money works for you--without the stress of repairs or constant management--this all-brick, concrete construction building in the heart of Chomedey, Laval is exactly what you want. It's well-cared-for with minimal upkeep and ready to generate stable income from day one.

Property features

2 Bedrooms
1 Bathroom

CATHERINE PAPACHRISTOU

Residential and Commercial Real Estate Broker

RE/MAX 2000 INC.

CHRIS JEREMY PAPACHRISTOU

Residential and Commercial Real Estate Broker

RE/MAX 2000 INC.

ATHYNA PAPACHRISTOU

Residential and Commercial Real Estate Broker

RE/MAX 2000 INC.

Located just minutes from Montreal via the Lachapelle Bridge or Autoroute 15, this building has been meticulously maintained by the same owner since 2006 and is in triple-A condition.
Here's what you get:

- 16 condo-style units--tenants pay their own electric heating

- Each unit comes with washer/dryer installation, 12,000 BTU air conditioning, and central vacuum

- Some units updated with floating floors, ceramic in kitchens and bathrooms

- Roof approximately 15 years old, building fully maintained

- Parking for 16+ cars plus a brick cabanon

- Current revenue: $195,480, with below-market rents that leave room to optimize

Visits will be permitted following an accepted offer. All units feature the same layout--please refer to the floor plan. Each unit also includes its own dedicated parking space.
If you want a turnkey investment that's low-maintenance, solid, and generating steady cash flow, this building is for you. No surprises, no big projects--just a smart, reliable place to put your money.
Dimensions 174' X 95' 10" irr.
Year constructed 1993
Siding Brick
Roofing Asphalt shingles
Lot area 1,579.90 m²
Topography Flat
Distinctive Features Street corner
Driveway Asphalt
Parking (total) Driveway (16)
Proximity Metro, Park, Elementary school, High school, Public transportation, Daycare centre, Highway
Heating System Electric baseboard units
Heating Energy Electricity
Property or unit amenity Central vacuum cleaner system installation, Air condition unit, Intercom
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2027)

Lot assessment
$ 388,600
Building assessment
$ 2,648,400
Total
$ 3,037,000

Taxes

Municipal (2025)
$ 29,066
School (2025)
$ 2,254
Total
$ 31,320

Annual expenses

Insurance
$ 8,400
Superintendent
$ 6,000
Snow removal
$ 2,070
Lawn
$ 1,943
Total
$ 18,413

Gross annual revenues (potential)

Residential
$ 195,480
Total
$ 195,480

Inclusions

Includes 16 alarm systems, 16 air conditioners (12,000 BTU each), 16 central vacuum systems with full accessories, and 16 hot water tanks

Exclusions

Tenant's personal belongings

Desjardins

Mortgage payment calculator

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