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$1,749,000
New
ULS: 22606767

Quadruplex for sale
70 Rue Meunier O., Laval (Laval-des-Rapides)

Semi commercial property in Laval featuring a commercial space on Rue Meunier Ouest and three spacious, bright, and impeccably maintained residential units on 7th Avenue. A rare opportunity on the market with strong revenues, especially given that most of the building has been renovated since 2011, ensuring exceptional condition and peace of mind. Ideally located near schools, a park, directly across from a church, and positioned between Cartier and Concorde metro stations. A property that combines quality, a strategic location, and excellent income.

Property features

3 Bedrooms
2 Bathrooms

WASSIM IBRAHIM

Residential and Commercial Real Estate Broker

RE/MAX 2000 INC.

1.General Composition
* Mixed-use building including
A convenience store on the ground floor with storage basement
Three large residential units
A private, secure side yard

2.Details of the Residential Units

Apartment 181 -- 4½ (2 bedrooms)
Layout
2 large bedrooms
Spacious open concept living and dining area
Fully equipped kitchen
Large bathroom (bathtub + shower)
Separate laundry room
Included: full set of appliances
Refrigerator
Freezer
Oven
Stove
Microwave
Dishwasher
Washer and dryer
Central vacuum
Status: currently vacant, rents very quickly in the area
Target rent: 2,200 per month

Apartment 185 -- 4 bedrooms, 2 bathrooms
Layout
4 bedrooms
2 bathrooms, including one finished in marble
Closed laundry room
Ample storage
Very large front balcony
Included: full set of appliances
Refrigerator
Freezer
Oven
Stove
Microwave
Dishwasher
Washer and dryer
Central vacuum
Current rent: 2,530 per month

Apartment 177 -- Owner's unit + adjoining bachelor
Main configuration
3 bedrooms
2 large bathrooms, including one in marble
Closed laundry room
Large balcony overlooking the garden
Second balcony overlooking a private fenced courtyard
Included: full set of appliances
Refrigerator
Freezer
Oven
Stove
Microwave
Dishwasher
Washer and dryer
Central vacuum
* Adjoining bachelor
Large main living space
Spacious bathroom
Office
Direct access to the garage
Status: occupied by the owners
Estimated market rent (apartment 177 + bachelor + garage): 3,500 per month

3. Parking
For the residential units (7e Avenue, Laval, H7B 4J5)
Double tandem parking for units 181 and 185
For apartment 177
Parking in front of the garage, accommodating 2 cars (double)
For the convenience store
In front of the commercial space, land area allowing up to 4 private parking spaces
Steps are underway with the city to obtain official authorization for these 4 spaces in front of the store


4. Rental Potential (Gross Monthly)
* Apartment 181 (vacant, target rent): $2,200
* Apartment 185 (current rent): $2,530
* Apartment 177 + bachelor + garage (owner-occupied): $3,500
* Convenience store: $3,850

Dimensions 44' 2" X 70' 2" irr.
Year constructed 1963
Windows PVC
Siding Vinyl, Brick
Roofing Elastomeric membrane
Garage Double width or more, Tandem
Basement 6 feet and more, Partially finished
Lot size 93' 3" X 100' irr.
Lot area 693.10 m²
Driveway Asphalt
Parking (total) Garage (2), Driveway (4)
Proximity Metro, Park, Bicycle path, Elementary school, High school, Public transportation, Highway, Daycare centre
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2027)

Lot assessment
$ 231,300
Building assessment
$ 819,700
Total
$ 1,051,000

Taxes

Municipal (2025)
$ 14,970
School (2026)
$ 770
Total
$ 15,740

Gross annual revenues (potential)

Residential
$ 98,760
Commercial
$ 46,200
Total
$ 144,960

Inclusions

#177: Light fixtures, blinds, and Jenn Air appliances (stove, microwave, dishwasher, refrigerator, washer dryer). #181: Light fixtures, blinds, and Samsung appliances (stove, microwave, dishwasher, refrigerator, washer dryer). #185: Light fixtures, blinds, and Jenn Air appliances (stove, microwave, dishwasher, refrigerator, washer dryer).

Exclusions

The tenants' personal belongings.

Desjardins

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