$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.
Addendum
**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.
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.
Building details and property interior
Dimensions
47' 7" X 41' 9" irr.
Year constructed
1920
Window Type
Guillotine, Casement
Roofing
Asphalt shingles
Lot and exterior features
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
Characteristics
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 and exclusions
Inclusions
A/C of the 4 appartements, light fixtures, horizontal blinds
Exclusions
Curtains and blinds for 1365, all appliances, all as per leases.
Mortgage payment calculator
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