$1,019,000
ULS: 17813593
Quadruplex
for sale
338 Rue Laurier, Laval (Laval-des-Rapides)
FOURPLEX | 3 PARKING SPACES | POTENTIAL GROSS ANNUAL RENTAL INCOME OF $72,000 | 3 UNITS BECOMING VACANT | AAA LOCATION Ideal for an owner-occupant or investor! Located in a peaceful area of Laval, this west-facing corner fourplex benefits from plenty of sunshine and large windows that provide exceptional natural light. The property has undergone numerous renovations and includes: Two spacious 5½ apartments (3-bedroom units). One 3½ apartment (1-bedroom unit). One loft with very high ceilings. Potential gross rental income of up to $72,000 per year! Three units will become vacant: both 5½ apartments and the loft.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area
97.14 m²
Property features
3
Bedrooms
1
Bathroom
RAHIM HOUIDEF
Residential and Commercial Real Estate Broker
Addendum
4 Units | POTENTIAL GROSS ANNUAL RENTAL INCOME OF $72,000 | 3 UNITS BECOMING VACANT | AAA LOCATION
An exceptional opportunity for an owner-occupant or investor looking for a property offering a strategic location, abundant natural light, and attractive rental income potential!
Located in a peaceful area of Laval, this beautiful income property stands out for its west-facing corner location, large windows, and generous sunshine. Having benefited from numerous renovations, this property represents an excellent opportunity for those looking to acquire a versatile investment property and take advantage of the rental market's potential.
The building consists of two spacious 5½ apartments (3-bedroom units), one 3½ apartment (1-bedroom unit), and a loft with very high ceilings, offering a versatile layout to accommodate different needs.
A major advantage: potential gross rental income of up to $72,000 per year! In addition, three units will become vacant: both 5½ apartments and the loft. This offers excellent flexibility to develop an occupancy or rental strategy based on the buyer's objectives and applicable regulations.
Whether you wish to live in one unit while benefiting from the rental income generated by the others, or maximize the rental potential of your real estate portfolio, this property deserves your attention.
Its location is another undeniable asset: close to bus stops, Cartier, Concorde, and Montmorency metro stations, elementary and high schools, shopping, Highway 15, a swimming pool, and tennis courts. It also provides convenient access to Laval's and Montreal's major transportation routes.
Property Highlights
Potential gross annual rental income of $72,000.
Ideal for an owner-occupant or investor.
Three units becoming vacant: both 5½ apartments and the loft.
Two spacious 5½ apartments, one 3½ apartment, and one loft with very high ceilings.
Numerous renovations and improvements completed.
West-facing corner property with excellent sun exposure.
Large windows providing exceptional natural light.
Peaceful neighbourhood and AAA location in Laval.
Close to Cartier Metro, bus routes, and Highway 15.
Renovations and Improvements
Apartment 3
Kitchen renovation, including new cabinets and backsplash.
Replacement of kitchen and bathroom flooring.
Wall insulation in the living room and bedroom.
Sanding and refinishing of hardwood floors.
Complete repainting of the apartment.
Work completed in 2025
Apartment 2
Replacement of kitchen cabinets and installation of a new backsplash.
Replacement of kitchen and bathroom flooring.
Apartment 1
Replacement of flooring throughout the entire apartment.
Insulation and soundproofing improvements.
Complete repainting of the apartment.
An opportunity worth discovering for anyone looking to combine quality of life, occupancy flexibility, and income potential in a strategic location.
An exceptional opportunity for an owner-occupant or investor looking for a property offering a strategic location, abundant natural light, and attractive rental income potential!
Located in a peaceful area of Laval, this beautiful income property stands out for its west-facing corner location, large windows, and generous sunshine. Having benefited from numerous renovations, this property represents an excellent opportunity for those looking to acquire a versatile investment property and take advantage of the rental market's potential.
The building consists of two spacious 5½ apartments (3-bedroom units), one 3½ apartment (1-bedroom unit), and a loft with very high ceilings, offering a versatile layout to accommodate different needs.
A major advantage: potential gross rental income of up to $72,000 per year! In addition, three units will become vacant: both 5½ apartments and the loft. This offers excellent flexibility to develop an occupancy or rental strategy based on the buyer's objectives and applicable regulations.
Whether you wish to live in one unit while benefiting from the rental income generated by the others, or maximize the rental potential of your real estate portfolio, this property deserves your attention.
Its location is another undeniable asset: close to bus stops, Cartier, Concorde, and Montmorency metro stations, elementary and high schools, shopping, Highway 15, a swimming pool, and tennis courts. It also provides convenient access to Laval's and Montreal's major transportation routes.
Property Highlights
Potential gross annual rental income of $72,000.
Ideal for an owner-occupant or investor.
Three units becoming vacant: both 5½ apartments and the loft.
Two spacious 5½ apartments, one 3½ apartment, and one loft with very high ceilings.
Numerous renovations and improvements completed.
West-facing corner property with excellent sun exposure.
Large windows providing exceptional natural light.
Peaceful neighbourhood and AAA location in Laval.
Close to Cartier Metro, bus routes, and Highway 15.
Renovations and Improvements
Apartment 3
Kitchen renovation, including new cabinets and backsplash.
Replacement of kitchen and bathroom flooring.
Wall insulation in the living room and bedroom.
Sanding and refinishing of hardwood floors.
Complete repainting of the apartment.
Work completed in 2025
Apartment 2
Replacement of kitchen cabinets and installation of a new backsplash.
Replacement of kitchen and bathroom flooring.
Apartment 1
Replacement of flooring throughout the entire apartment.
Insulation and soundproofing improvements.
Complete repainting of the apartment.
An opportunity worth discovering for anyone looking to combine quality of life, occupancy flexibility, and income potential in a strategic location.
Building details and property interior
Dimensions
35' X 30' irr.
Year constructed
1962
Living area
97.14 m²
Windows
PVC
Siding
Brick
Bathroom
Separate shower
Basement
6 feet and more, Finished basement
Lot and exterior features
Lot size
64' X 45' irr.
Lot area
2,880 ft²
Driveway
Double width or more
Parking (total)
Driveway (3), Carport (3)
Proximity
Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Commuter train, University, Highway, CEGEP
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 260,800
- Building assessment
- $ 488,500
- Total
- $ 749,300
Taxes
- Municipal (2026)
- $ 5,944
- School (2026)
- $ 515
- Total
- $ 6,459
Gross annual revenues (potential)
- Residential
- $ 72,000
- Total
- $ 72,000
Inclusions and exclusions
Mortgage payment calculator
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This document is not an offer or a promise that may bind the seller, but is an invitation to submit such offers or promises.