$3,695,000
ULS: 17512415
16+-Plex
for sale
530 Av. Ampère, Laval (Laval-des-Rapides)
16-unit multi-unit residential building consisting of 3 x 3 ½ and 13 x 4 ½ units and 14 outdoor parking spaces, located in the Laval-des-Rapides area, very near from the Concorde Metro station and the train line (Concorde Station). The location is exceptional for tenants, with all public transportation nearby. Gross annual income is $202,876.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area
1,347.20 m²
Property features
1
Bedroom
1
Bathroom
Addendum
16-unit multi-family building (3 x 3 ½ and 13 x 4 ½) located in Laval-des-Rapides neighborhood, just steps from the Concorde metro station and Concorde train station. Exceptional location for tenants: all public transportation, shops, schools, parks, and activity centers are nearby.
The building has 14 outdoor parking spaces for tenants. Distribution of expenses: electricity paid by tenants and heating paid by the owner.
Gross income for November 2025: $202,876, reflecting this high-demand area. There are still apartments available with low rents, offering the possibility of rent increases in the future.
Recent renovations and improvements:
*Apartments 3 and 9: floors completely redone
*Apartments 11 and 13: kitchen floors replaced
*Apartment 6: bathroom countertop changed
*Roof 2005, doors and windows 2006
*New electrical entry May 2014
*Balconies renovated in 2014
*Common areas painted in 2019
*Carpet in hallways replaced in 2020
*Parking lot asphalt work in 2021
*Fire alarm system installed in 2021
Excellent investment in close proximity to the Concorde metro station, in a quiet neighborhood with nearby shops (such as Jean-Coutu Pharmacy, Bakery, Couche-Tard convenience store, etc.) and public transportation within easy reach.
Visits will only be conducted after an offer to purchase has been accepted.
A great opportunity for an investor looking for stable income and growth potential!
This information is provided to the best of our knowledge and is subject to change without notice. REMAX Pro/Commercial Inc. assumes no responsibility for any errors or omissions in its content.
The building has 14 outdoor parking spaces for tenants. Distribution of expenses: electricity paid by tenants and heating paid by the owner.
Gross income for November 2025: $202,876, reflecting this high-demand area. There are still apartments available with low rents, offering the possibility of rent increases in the future.
Recent renovations and improvements:
*Apartments 3 and 9: floors completely redone
*Apartments 11 and 13: kitchen floors replaced
*Apartment 6: bathroom countertop changed
*Roof 2005, doors and windows 2006
*New electrical entry May 2014
*Balconies renovated in 2014
*Common areas painted in 2019
*Carpet in hallways replaced in 2020
*Parking lot asphalt work in 2021
*Fire alarm system installed in 2021
Excellent investment in close proximity to the Concorde metro station, in a quiet neighborhood with nearby shops (such as Jean-Coutu Pharmacy, Bakery, Couche-Tard convenience store, etc.) and public transportation within easy reach.
Visits will only be conducted after an offer to purchase has been accepted.
A great opportunity for an investor looking for stable income and growth potential!
This information is provided to the best of our knowledge and is subject to change without notice. REMAX Pro/Commercial Inc. assumes no responsibility for any errors or omissions in its content.
Building details and property interior
Dimensions
68' 3" X 53' 2"
Year constructed
1976
Living area
1,347.20 m²
Siding
Brick
Roofing
Asphalt and gravel
Basement
6 feet and more, Finished basement
Lot and exterior features
Lot size
120' X 101' 4"
Lot area
1,114.80 m²
Topography
Flat
Driveway
Asphalt
Parking (total)
Driveway (14)
Proximity
Daycare centre, Metro, Park, Bicycle path, Elementary school, High school, Commuter train, Public transportation, University, CEGEP, Highway
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Property or unit amenity
Fire detector (O)
Water Supply
Municipality
Sewage System
Municipality
Environmental Study
Phase 1 (2016, 11), Phase 2 (2017, 03)
Financial details
Municipal assessment (2025)
- Lot assessment
- $ 570,000
- Building assessment
- $ 1,422,800
- Total
- $ 1,992,800
Taxes
- Municipal (2025)
- $ 21,653
- School (2025)
- $ 1,542
- Total
- $ 23,195
Annual expenses
- Insurance
- $ 11,521
- Superintendent
- $ 2,400
- Snow removal
- $ 1,855
- Total
- $ 15,776
Energy expenses
- Electricity
- $ 7,167
- Total
- $ 7,167
Gross annual revenues (potential)
- Residential
- $ 202,872
- Total
- $ 202,872
Inclusions and exclusions
Inclusions
7 water heaters owned by the owners.
Exclusions
All tenants' property.
Mortgage payment calculator
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