Welcome to 455 Rue Branly, this a meticulously maintained 9-unit apartment building that offers the perfect balance of stability, profitability, and long-term growth for your investment portfolio.
Located in the heart of Laval-des-Rapides, this property is low-maintenance and easy to manage, with all tenants responsible for their own utilities (Electricity and Hydro).
The building is composed of 8 one-bedroom and 1 studio apartments and boasts 11 parking spaces (6 exterior and 5 interior garages), with most garages currently rented for additional revenue.
Recent Renovations & Major Updates 2022
- Roof replacement (gravel and asphalt) 2023--2024 - Complete painting of all common areas 2022-2023 - Complete renovation of 2 units 2024-2025 - Semi-renovation of 1 unit (bathroom of 101) 2019 - Heating system was converted to electric 2024 - Driveway fully repaved with asphalt, new drains installed, and parking spots repainted Financial Highlights - Potential gross revenue: $121,944 annually - Potential net revenue: $105,073 annually - Additional garage/parking income adds value and stability - Immediate cash flow: Building is fully occupied with two vacant units ready to be leased, offering upside potential Investment Advantages - Solid tenant base ensuring consistent and predictable returns - Turnkey property with major capital improvements already completed - Strategic location in Laval-des-Rapides, close to metro, transit, shopping, schools, and services -- guaranteeing long-term rental demand
Due Diligence & Additional Information
- Environmental Studies Phase I & II (2025): In progress - Offer requirements: All offers must include proof of financial capacity
Visits: Showings upon accepted offer, with vacant units #101 and #304 available for immediate visits.
Whether you are seeking to expand your portfolio with a stable, income-producing property or acquire a high-performing asset in one of Laval's most desirable rental markets, 455 Rue Branly is an opportunity you won't want to miss.