5 units, including 3 x 4½, 1 x 3½, and 1 x 8½; the latter is available to the buyer and has been fully renovated. Several improvements have been made to the building since 2019, including the roof and various interior renovations. Current annual income of $79,560. Attractive potential for revenue optimization. Sought-after Chomedey neighborhood, close to amenities, public transit, and major thoroughfares. An opportunity not to be missed.
Sale with exclusion(s) of legal warranty - See listing broker(s)
A five-unit apartment building comprising three 4½s, one 3½, and one spacious 8½, located on a quiet street in a sought-after neighborhood of Laval.
The 8½-room unit, available to the buyer, has undergone extensive renovations and is ready to welcome its new owner. Whether you wish to live there or rent it out at market rate, this unit represents a major asset. The other units are currently rented and offer attractive potential for optimization, allowing the buyer to gradually increase the value of their investment.
Over the past few years, several improvements have been made, notably roof repairs as well as various renovations in several units, including kitchens, bathrooms, and flooring.
The building enjoys a prime location, close to schools, shops, pharmacies, shopping centers, parks, public transportation, and major roadways. It is a neighborhood appreciated by both tenants and owner-occupants.
This is an excellent opportunity to acquire a building that offers immediate income while also presenting potential for improvement and appreciation in the medium term.
______________________________________________________________ Work completed from 2019 to 2020:
- Roof
Apartment 3949 - Floors replaced throughout the apartment; kitchen and bathroom renovated.
Apartment 3949A - Floors replaced throughout the apartment; kitchen and bathroom renovated.
Apartment 3951 - Sanding and varnishing of floors.
Apartment 3953 - Sanding and varnishing of floors. Renovated kitchen and bathroom. Repair of the rear balcony.
Apartment 3955 - Sanded and varnished floors - Tile flooring in the kitchen - Renovated kitchen and bathroom
In 2025 for apartment 3955 - Complete repainting of the apartment except for the kitchen and bathroom, as the drywall needs to be redone. - Refreshed entryway
Building details and property interior
Dimensions
28' X 51' 11" irr.
Year constructed
1955
Windows
PVC
Siding
Brick
Roofing
Elastomeric membrane
Basement
Finished basement
Lot and exterior features
Lot size
50' X 90'
Lot area
418.10 m²
Driveway
Asphalt
Parking (total)
Driveway (6)
Proximity
CEGEP, Daycare centre, Hospital, Park, Bicycle path, Elementary school, High school, Public transportation, Highway