Outstanding investment opportunity in Laval! This fourplex offers a rare chance to acquire an income-generating property with an annual rental income of $57,000 and excellent value-add potential. The building features two 3½ units, one 4½ unit, and one 5½ unit, a highly desirable unit mix that appeals to a wide range of tenants.
Situated on a spacious 5,960 sq. ft. lot, the property includes four outdoor parking spaces and benefits from a roof replaced in 2020, helping to minimize major maintenance expenses. According to available information, there may be the possibility of adding two additional units (subject to verification and approval by the City of Laval), offering significant upside for future rental income.
Location is one of this property's greatest assets. Just minutes from Cartier Metro Station and with quick access to Highways 15, 19 and 440, tenants enjoy convenient access to Montréal and all essential services. Nearby amenities include Carrefour Laval, Centre Laval, Centropolis, Guzzo Cinema, as well as schools, daycare centres, parks, bike paths, grocery stores, pharmacies, restaurants and healthcare facilities.
With its strategic location, stable rental income, strong optimization potential and proximity to a wide range of amenities, this property is an exceptional opportunity for investors looking to expand their real estate portfolio in one of Laval's most sought-after areas.
Don't miss this outstanding investment opportunity!
Building details and property interior
Dimensions
26' X 39'
Year constructed
1951
Siding
Aluminum
Lot and exterior features
Lot size
79' X 75'
Lot area
5,965 ft²
Parking (total)
Driveway (4)
Proximity
Daycare centre, Metro, Park, Highway, Elementary school, High school, Public transportation, Bicycle path