Are you looking for a unique investment opportunity? This property offers 10 divided condos under one roof. For investors seeking to maximize rental income or secure a versatile real estate asset. Located in a desirable neighborhood with strong rental demand and significant appreciation potential, this is a rare chance to invest in a high-yield, multi-unit property.
This property is part of a divided co-ownership established in 1989, consisting of 5 buildings, 50 units on a 4,592 m² lot. The fraction concerned, governed by the co-ownership declaration published under number 725553, includes 10 condos with the following cadastral designations: #10 (1219498), #11 (1219497), #12 (1219495), #13 (1219496), #14 (1219489), #15 (1219490), #16 (1219491), #17 (1219492), #18 (1219493), #19 (1219494).
The building for sale consists of 10 units, configured as follows:
° 4 units of 3½ ° 3 units of 4½ ° 3 units of 5½
All units are currently rented, with tenants responsible for their own heating, electricity, and hot water. Each unit has a dedicated parking space. Additionally, above-ground units are equipped with washer and dryer hookups, while basement apartments share a common laundry room.
About the Location: Conveniently located with easy access to freeways and major arteries, this property offers ample parking and is just a few minutes' walk from public transit. It is also a short drive to Carrefour Laval and various nearby shops, making it an attractive option for tenants.
Building details and property interior
Year constructed
1989
Living area
619.70 m²
Windows
Aluminum
Window Type
Sliding
Siding
Brick
Roofing
Asphalt and gravel
Dividing Floor
Wood
Lot and exterior features
Topography
Flat
Driveway
Asphalt
Parking (total)
Driveway (11)
Proximity
Highway, Public transportation
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2025)
Lot assessment
$ 390,500
Building assessment
$ 2,005,500
Total
$ 2,396,000
Taxes
Municipal
(2025)
$ 15,223
School
(2025)
$ 1,149
Total
$ 16,372
Annual expenses
Insurance
$ 5,562
Snow removal
$ 1,610
Total
$ 7,172
Gross annual revenues (potential)
Residential
$ 106,860
Total
$ 106,860
Inclusions and exclusions
Exclusions
Ten 40-gallon hot water tanks are rented from HydroSolutions, with the owners covering the rental cost for three of them.