Photo Main Photo of the property
$990,000
ULS: 24239524

Quadruplex for sale
1071 7e Avenue, Laval (Fabreville) (West)

Waterfront splendid, fully renovated property with a unique design and exceptional location. Direct access to the water makes it ideal for water sports enthusiasts. Enjoy breathtaking views of the riverside a living panoramic landscape that changes with the seasons and weather, offering stunning sunsets. Generates four excellent incomes. The property and land have been elevated, the basement has an 8-foot ceiling, and it is equipped with two submersible pumps as a precautionary measure. Parking includes 4 tandem double spaces for a total of 8 vehicles. The landscaped backyard features a large paved terrace and lawn. Come and fall in love!
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

1 Bathroom

SHEILA IACONO

Real Estate Broker

RE/MAX DYNASTIE

Magnificent waterfront property on the Rivière des Mille Îles. Converted into a multi-unit building generating four excellent rental incomes, this property offers multiple possibilities, including reconversion into a single-family or intergenerational home in the future.


Discover this superb, fully renovated property located in a peaceful neighborhood by the Rivière des Mille Îles. The land and building have been elevated and modernized for safety and comfort. The basement now has over 8 feet of clearance and features two sump pumps to ensure optimal drainage in case of flooding.


This property generates four excellent rental incomes and provides direct access to the river, perfect for activities such as paddleboarding or kayaking. Why not add a dock to access your boat or pontoon? From inside, enjoy dreamy landscapes--living scenes that evolve with the seasons or weather. The sunsets are breathtaking.


Units and Details:

1.Main Unit (Unit B, ground floor, rear)

* Exclusive use of the landscaped backyard with panoramic
water views.

* 2 spacious bedrooms.

* Modern kitchen with a large window and breakfast
counter.

* Large glass shower.

* Bright living room with abundant windows.

* 33' x 12' paved terrace for relaxation or BBQs.

* Rented for $1,700/month.

2.Upper Unit, Rear (Unit D)

* Stunning 2-bedroom apartment.

* Private balcony with breathtaking views of the river
and Arthur-Sauvé Bridge.

* Enjoy dreamy sunsets.

* Modern kitchen with thermoplastic cabinets and double
sink.

* Separate laundry room and bathroom with double vanity.

* Rented for $1,590/month.

3.3.5 Apartment (Upper, left side)

* Independent entrance with partial water views.

* Well-maintained with generous windows.

* Stacked washer and dryer.

* Rented for $905/month (long-term tenant).

4.Fully Furnished and Equipped Loft (Unit A, ground floor, front)

* Heated floors.

* Wall-mounted heat pump.

* Large terrace.

* Ideal as a pied-à-terre.

* Rented for $975/month.



This exceptional property offers a truly unique waterfront location while being close to all services, including shops, restaurants, and major highways (13, 440, 640). Nearby schools range from elementary to university level, and bus services lead to the metro.



Note: The property was purchased as a duplex by the seller (with existing leases for a duplex noted on the tax account). It is zoned as single-family according to Urban Planning (Urbanisme) and is registered as a triplex in the assessment and taxation records.


Dimensions 27' 7" X 57' 3" irr.
Year constructed 1950
Roofing Asphalt shingles
Basement 6 feet and more, Cave de service
Lot size 50' X 201' 10" irr.
Lot area 995.70 m²
Water (access) Access (RIVIERE), Waterfront (RIVIERE), Navigable
View View of the water
Driveway Asphalt
Parking (total) Driveway (8)
Proximity Daycare centre, Golf, Hospital, Metro, Park, Highway, Elementary school, High school, Commuter train, Public transportation, University, Bicycle path, CEGEP

Unit 1 (Monthly residential revenue)

Kitchen
Level: Garden level
Dimensions: 9'5" X 9'5" irr.
Flooring: Vinyle
Details:
Primary bedroom
Level: Garden level
Dimensions: 12'3" X 7'4" irr.
Flooring: Vinyle
Details:
Bathroom
Level: Garden level
Dimensions: 8'1" X 5'4" irr.
Flooring: Vinyle
Details:

Unit 2 (Monthly residential revenue)

Hall
Level: 1st level/Ground floor
Dimensions: 9'1" X 4'3"
Flooring: Vinyle
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 10'4" X 9'9"
Flooring: Vinyle
Details:
Kitchen
Level: 1st level/Ground floor
Dimensions: 10'4" X 8'3"
Flooring: Vinyle
Details:
Dining room
Level: 1st level/Ground floor
Dimensions: 12'6" X 9'4"
Flooring: Vinyle
Details:
Living room
Level: 1st level/Ground floor
Dimensions: 14'9" X 12'
Flooring: Vinyle
Details:
Primary bedroom
Level: 1st level/Ground floor
Dimensions: 12'2" X 10'6"
Flooring: Vinyle
Details:
Bathroom
Level: 1st level/Ground floor
Dimensions: 11' X 8'3" irr.
Flooring: Ceramic
Details:

Unit 3 (Monthly residential revenue)

Living room
Level: 2nd level
Dimensions: 12'2" X 10'7"
Flooring: Laminate floor
Details:
Dining room
Level: 2nd level
Dimensions: 10'3" X 7'6"
Flooring: Ceramic
Details:
Kitchen
Level: 2nd level
Dimensions: 10'1" X 6'2"
Flooring: Ceramic
Details:
Bedroom
Level: 2nd level
Dimensions: 12'1" X 9'4"
Flooring: Laminate floor
Details:
Bathroom
Level: 2nd level
Dimensions: 7'2" X 6'4"
Flooring: Ceramic
Details:

Unit 4 (Monthly residential revenue)

Hall
Level: 2nd level
Dimensions: 6'4" X 22'2"
Flooring: Vinyle
Details:
Primary bedroom
Level: 2nd level
Dimensions: 14'8" X 12'4"
Flooring: Vinyle
Details:
Laundry room
Level: 2nd level
Dimensions: 8'8" X 3'9"
Flooring: Vinyle
Details:
Bathroom
Level: 2nd level
Dimensions: 11'5" X 4' irr.
Flooring: Vinyle
Details:
Bedroom
Level: 2nd level
Dimensions: 12'4" X 9'
Flooring: Vinyle
Details:
Living room
Level: 2nd level
Dimensions: 11' X 9'5"
Flooring: Vinyle
Details:
Kitchen
Level: 2nd level
Dimensions: 14'3" X 11'8"
Flooring: Vinyle
Details:
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 209,200
Building assessment
$ 250,100
Total
$ 459,300

Taxes

Municipal (2024)
$ 4,377
School (2024)
$ 398
Total
$ 4,775

Annual expenses

Insurance
$ 4,377
Snow removal
$ 500
Total
$ 4,877

Energy expenses

Electricity
$ 3,804
Total
$ 3,804

Gross annual revenues (potential)

Residential
$ 62,040
Total
$ 62,040

Inclusions

3 water heaters, light fixtures, buffet, bench, and plants in the entrance, plus furniture in the loft: refrigerator, stove, washer, dryer, double bed, wall-mounted TV, wall-mounted heat pump, and curtains.

Desjardins

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