$1,200,000
Open house
ULS: 10145643
Triplex
for sale
361 - 363 Boul. des Prairies, Laval (Laval-des-Rapides)
INVESTORS, HERE'S AN OPPORTUNITY YOU DON'T WANT TO MISS! Triplex generating $85,860 in annual rental income, sitting on a large 7,100+ sq. ft. lot with excellent development potential. Several major improvements have been completed in recent years. Strategically located in Laval, near Cartier Metro, public transit, shops, schools and major highways. Strong income, a prime location and great potential to unlock!
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
1
Bedroom
1
Bathroom
Upcoming open houses
Sunday 09/27/26
from 12:00 to 14:00
Additional information
visit by appointment 514 995 2431
Addendum
AN EXCELLENT INVESTMENT OPPORTUNITY WITH STRONG INCOME AND DEVELOPMENT POTENTIAL!
This income property generates $85,860 in annual rental revenue and sits on a generous 7,100+ sq. ft. lot, offering investors an attractive combination of immediate income and future potential.
CURRENT RENTAL INCOME:
361 -- 3½: $1,280/month
361A -- 3½: $1,275/month
363 -- 6½: $3,050/month
Basement: 4½ -- $1,550/month
Total: $7,155/month | $85,860/year
The property has benefited from several important improvements over the years, including a new roof in 2024, renovations completed in 2024 and 2025, a new electrical panel in 2021, as well as the removal of the oil tank and installation of a new electric boiler in 2021.
DEVELOPMENT POTENTIAL:
A feasibility study completed in June 2026 indicates the possibility of developing three additional residential units at the rear of the property. Plans are available for consultation. This represents an interesting opportunity for an investor looking to further optimize the property and its long-term revenue potential. Any future development remains subject to the buyer's own verifications with the appropriate authorities and to obtaining all required permits and approvals.
The property is strategically located in Laval, close to Cartier Metro, public transportation, shops, schools, services, green spaces and major roadways, providing convenient access to both Laval and Montréal.
With $85,860 in current annual income, a large lot, significant improvements already completed and the possibility of adding three additional units, this property offers multiple avenues for an investor looking for both immediate revenue and long-term optimization potential.
This income property generates $85,860 in annual rental revenue and sits on a generous 7,100+ sq. ft. lot, offering investors an attractive combination of immediate income and future potential.
CURRENT RENTAL INCOME:
361 -- 3½: $1,280/month
361A -- 3½: $1,275/month
363 -- 6½: $3,050/month
Basement: 4½ -- $1,550/month
Total: $7,155/month | $85,860/year
The property has benefited from several important improvements over the years, including a new roof in 2024, renovations completed in 2024 and 2025, a new electrical panel in 2021, as well as the removal of the oil tank and installation of a new electric boiler in 2021.
DEVELOPMENT POTENTIAL:
A feasibility study completed in June 2026 indicates the possibility of developing three additional residential units at the rear of the property. Plans are available for consultation. This represents an interesting opportunity for an investor looking to further optimize the property and its long-term revenue potential. Any future development remains subject to the buyer's own verifications with the appropriate authorities and to obtaining all required permits and approvals.
The property is strategically located in Laval, close to Cartier Metro, public transportation, shops, schools, services, green spaces and major roadways, providing convenient access to both Laval and Montréal.
With $85,860 in current annual income, a large lot, significant improvements already completed and the possibility of adding three additional units, this property offers multiple avenues for an investor looking for both immediate revenue and long-term optimization potential.
Building details and property interior
Dimensions
30' X 41' 7"
Year constructed
1944
Windows
Aluminum
Siding
Brick
Garage
Detached
Basement
6 feet and more, Finished basement
Lot and exterior features
Lot area
7,151 ft²
Parking (total)
Driveway (8), Garage (1)
Proximity
Daycare centre, Golf, Hospital, Park, Bicycle path, Highway, Réseau Express Métropolitain (REM), High school, Commuter train, Public transportation, University, Elementary school, CEGEP
Characteristics
Heating Energy
Electricity, Heating oil
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 306,800
- Building assessment
- $ 390,900
- Total
- $ 697,700
Taxes
- Municipal (2026)
- $ 5,210
- School (2026)
- $ 481
- Total
- $ 5,691
Annual expenses
- Insurance
- $ 2,093
- Cable (TV)
- $ 607
- Snow removal
- $ 666
- Total
- $ 3,366
Energy expenses
- Electricity
- $ 4,880
- Total
- $ 4,880
Gross annual revenues (potential)
- Residential
- $ 85,860
- Total
- $ 85,860
Inclusions and exclusions
Inclusions
All appliances included in the leases (stoves, refrigerators, washers, and dryers). One microwave on the ground floor of 363 and one in the basement. All bed frames and mattresses at 363: four (4) on the ground floor and two (2) in the basement. All furniture (desks, tables, and chairs) located on the ground floor and in the basement of 363.
Exclusions
Tenants' personal belongings. The four (4) security cameras installed by the sellers.
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.