Photo Main Photo of the property
$1,350,000
New
ULS: 17091784

Quadruplex for sale
427 - 431 Boul. du Souvenir, Laval (Chomedey) (Place Renaud)

WOW! A property that pays for itself and generates income! This converted triplex features 4 units, including 427, 429, 431 and a studio, generating impressive annual revenues of $78,600. Ideally located close to shops, services and amenities. Possibility of owner-occupancy, offering great flexibility to the buyer. Please note: the City officially recognizes the property as a triplex. Some photos have been modified or enhanced using artificial intelligence

Property features

3 Bedrooms
1 Bathroom
1 Powder room
WOW! A property that practically pays for itself and generates income!

Discover this unique income property offering an excellent investment opportunity. This triplex has been converted into a 4-unit property and features four units: a spacious 5½ spread over two floors, potentially rentable at $2,600/month; a 3½ currently rented at $1,400/month; another 3½ potentially rentable at approximately $1,350/month; and a studio potentially rentable at $1,200/month. The potential annual gross revenue is $78,600.

The units offer bright and inviting living spaces, while the property also benefits from a large, fully fenced yard, ideal for the occupants. The solid brick building is well insulated and features a recent roof installed in 2021.

Its strategic location, close to numerous shops, services, restaurants, schools and amenities, makes it an attractive option for both investors and owner-occupants. The possibility of double occupancy provides additional flexibility and allows the buyer to combine personal use with rental income.

Please note: The property is currently recognized by the City as a triplex, although four units are currently arranged within the building. The buyer is responsible for making their own inquiries with the relevant authorities regarding compliance, permitted uses and any applicable acquired rights.

Some of the photos in this listing have been modified or enhanced using artificial intelligence.
Dimensions 42' X 37'
Year constructed 1985
Siding Asphalt shingles
Garage Attached
Lot size 100' X 60'
Lot area 6,001 ft²
Parking (total) Driveway (4), Garage (1)
Proximity Daycare centre, Hospital, Metro, Park, Highway, Elementary school, Réseau Express Métropolitain (REM), High school, Public transportation, Bicycle path, CEGEP
Heating System Electric baseboard units
Water Supply Municipality
Sewage System Municipality
Occupancy Double

Financial details

Municipal assessment (2026)

Lot assessment
$ 402,000
Building assessment
$ 513,000
Total
$ 915,000

Taxes

Municipal (2026)
$ 6,216
School (2026)
$ 646
Total
$ 6,862

Gross annual revenues (potential)

Residential
$ 78,600
Total
$ 78,600

Inclusions

Unit 429: Cooktop, dishwasher, microwave, oven, refrigerator, washer, dryer, furniture in all three bedrooms, including mattresses, pillows and curtains, as well as the patio door curtains. Unit 431: Stove and microwave. Studio: Stove.

Exclusions

Electric vehicle charging station

Desjardins

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