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$985,000
ULS: 16099733

Quadruplex for sale - Laval (Sainte-Dorothée) (Ouest Islemère)

1361 - 1367 Tsse de Fontenelle, Laval (Sainte-Dorothée) (West Islemère)
OPTIMIZED PRICE! PLUS A BONUS: the possibility of building a two-storey extension of 1,130 sq.ft. on two floors, totaling approx. 2,260 sq.ft. FOR DISCERNING INVESTORS! A 4XPLEX INCOME PROPERTY in an ideal location, offering spacious, light-filled ACCOMMODATIONS! Its proximity to Highway 13, Avenue Des Bois(440) and walking distance to the future REM make it a practical choice. Recently RENOVATED, the units now offer an appreciable level of comfort and modernity. The four units are currently ALL RENTED, adding to the assurance of stable income.
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

1 Bedroom
1 Bathroom

NATHALIE MARECHAL

Certified real estate broker

RE/MAX 2001 INC.

**QUADRUPLEX, INCOME PROPERTY** Located in a privileged area of Ste-Dorothée.

Take advantage of this strategic location, within walking distance of the train station (REM), Les Trois Soleils elementary school, as well as a variety of amenities such as a hardware store, pharmacy, medical center, pediatric clinic, dental center, restaurant, electronics store, dry cleaner and convenience store/caterer.

Possibility of building a 1,130 sq. ft. extension on two floors totalling approx. 2,260 sq. ft. Each floor offers the prospect of adding a 5 ½ apartment. All dimensions and other information are approximate and must be validated by the buyer.

Discover the 4 units:

1361 Fontenelle (rent of $1072 per month): a spacious, renovated 3-1/2 on the 2nd floor, 1 bedroom, washer/dryer installation, floating wood and ceramic floors, radiant floor in bathroom. Wall-mounted air conditioning.

1363 Fontenelle (rent $1133/month): renovated 3-1/2 on 2nd floor with 1 bedroom, washer/dryer installation, floating wood and ceramic floors in bathroom. Wall-mounted air conditioning. New balcony.

1365 Fontenelle (rent $1090/month): a 3-1/2 on the 2nd floor, well-maintained, ceramic radiant floor is installed in the entire unit. Wall-mounted air conditioning.

1367 Fontenelle: a(rent $1395/month) 3 1/2 on the first floor, ceramic radiant flooring is installed in the entire dwelling except for the bedroom. Wall-mounted air conditioning. A workshop/storage room adjacent to the dwelling is included.

+++
ACCORDING TO PREVIOUS OWNER:
-All electrical panels have been replaced
-All units have been renovated
-Easy choice of tenants as there is always a lot of demand.
-French drain redone circa 2003

An unmissable opportunity for investors or those wishing to get started in property investment. Don't miss the opportunity to acquire this QUADRUPLEX À REVENUS, offering financial stability, growth potential and an ideal location for a flourishing real estate portfolio.
Dimensions 47' 7" X 41' 9" irr.
Year constructed 1920
Window Type Guillotine, Casement
Roofing Asphalt shingles
Lot size 87' 3" X 157' 1" irr.
Lot area 1,008.20 m²
Topography Flat
Driveway Asphalt
Parking (total) Driveway (9)
Proximity Golf, Hospital, Park, Bicycle path, Elementary school, Réseau Express Métropolitain (REM), High school, Commuter train, Public transportation, Daycare centre, Highway
Heating System Other, Electric baseboard units, Radiant
Heating Energy Electricity
Property or unit amenity Wall-mounted air conditioning, Wall-mounted heat pump
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 188,200
Building assessment
$ 155,300
Total
$ 343,500

Taxes

Municipal (2024)
$ 3,872
School (2024)
$ 291
Total
$ 4,163

Annual expenses

Insurance
$ 2,545
Snow removal
$ 986
Lawn
$ 402
Total
$ 3,933

Gross annual revenues (potential)

Residential
$ 56,280
Total
$ 56,280

Inclusions

A/C of the 4 appartements, light fixtures, horizontal blinds

Exclusions

Curtains and blinds for 1365, all appliances, all as per leases.

Desjardins

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