Here's a great investment opportunity in downtown Laval's Chomedey district! This 8-unit building, built in 1986, features 8 x 4.5 apartments with heating paid by tenants. With an annual revenue of $100,524.00, see addendum.
Sale without legal warranty of quality, at the buyer's risk and peril.
Income-Generating building in Downtown the Chomedey District of downtown Laval -Take advantage of this prime investment opportunity with an 8-unit income property featuring 4 ½ apartments strategically located in the high-demand Chomedey district of downtown Laval. Built in 1986, the building features three brick sides, ensuring structural integrity and visual appeal. Each unit has washer and dryer installations, an essential amenity that enhances tenant satisfaction.
With tenant-paid heating, this property minimizes the owner's operational costs. The roof was replaced in 2016, offering long-term maintenance relief. Additionally, each tenant enjoys a private parking space, a competitive advantage in this urban setting.
Ideally positioned near major roadways, retail hubs, and essential services, and just minutes from Autoroute 15, this property benefits from a prime location. Its strategic positioning ensures consistent rental demand, making it a smart investment choice due to its accessibility and surrounding infrastructure.
Please use the harmonization parameters used by CMHC for the expenses, vacancies, bad debt, administration, and maintenance reserved for the janitor. The listing sheet displays only expenses with supporting documentation.
Visits will be permitted with an accepted offer to purchase
This sale is made without legal quality warranty, at the buyer's risk.
Building details and property interior
Dimensions
50' X 38' 1"
Year constructed
1986
Window Type
Sliding
Siding
Brick
Lot and exterior features
Lot area
711.80 m²
Parking (total)
Driveway (8)
Proximity
Highway, Park, Elementary school, High school, Public transportation