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$1,195,000
ULS: 18017677

Quadruplex for sale - Laval (Pont-Viau)

1495 Place d'Anjou, Laval (Pont-Viau)
Welcome to 1495 Place d'Anjou, Laval (Pont-Viau) ARE YOU LOOKING FOR A PLEX AT +/- 15x THE REVENUE?! Then welcome to this lovely 4plex located at 1495 Place d'Anjou, Laval. Built in 1968, this property boasts several key features and updates that ensure both functionality and comfort for its occupants. Over the years, this property has been meticulously maintained, and significant improvements have been made to enhance its value like increased rental income and a brand new roof (2024).
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

3 Bedrooms
1 Bathroom

ANTHONY NOBILI

Residential Real Estate Broker

RE/MAX DYNASTIE

SEBASTIANO AMATO

Residential Real Estate Broker

RE/MAX DYNASTIE

Addendum for 1495 Place d'Anjou, Laval (Pont-Viau) H7G 3R6

The property located at 1495 Place d'Anjou in the Pont-Viau neighborhood of Laval is a well-maintained residential building, showcasing a series of significant improvements over the years. Built in 1968, the property has undergone numerous updates that ensure both comfort and value for its current and future occupants.

Key Property Details and Improvements:
Heating System: Apartments 1 and 2 are heated using oil furnaces, installed in 2014. The heating costs are covered by the tenants. Apartment 1 also benefits from a modern heat pump, offering additional heating and cooling efficiency. Units 3 & 4 are heated with electric baseboards.

Roofing: A new roof was installed in June 2024, with an invoice available.

Plumbing and Bathroom Upgrades: In 2023, Apartment 3 saw renovations of its bathroom with a new countertop, faucet, and vanity. The kitchen also received a new countertop and faucet. Apartment 4's bathroom was similarly upgraded with a new countertop, sink, and faucet.

Brickwork and Structural Repairs: Masonry work done in 2021, along with the flashing (solin) to ensure the structural integrity of the building. Additionally, in 2017, two cracks in the rear of the building were repaired.

Electrical Upgrades: Electrical panels in all the apartments were replaced in 2000, ensuring modern and safe electrical systems for tenants.

Oil Tanks: The two oil tanks servicing Apartments 1 and 2 were installed in 2006, ensuring reliable heating solutions for these units. The heating costs associated with these oil tanks are paid for by the tenants.

Additional Income from Storage: There are two storage lockers in the basement, rented to non-residents. One locker is rented at $100/month without a formal lease, while the other locker is rented at $250/month with a signed, renewable contract that requires one month's notice for cancellation.

Lockers for Tenants: Tenants of the building also have access to storage lockers located in the basement, offering additional convenience.
Dimensions 50' X 49' 9"
Year constructed 1968
Siding Brick
Roofing Asphalt and gravel
Basement 6 feet and more, Unfinished
Renovations Roof covering (2024, 23569)
Lot size 76' X 100' 3" irr.
Lot area 7,451 ft²
Driveway Asphalt
Proximity Highway, Daycare centre, Park, Bicycle path, Elementary school, High school, Public transportation
Heating System Forced air, Electric baseboard units
Heating Energy Heating oil, Electricity
Rented Equipment (monthly) Water heater (3, 47)
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 223,000
Building assessment
$ 385,400
Total
$ 608,400

Taxes

Municipal (2024)
$ 5,872
School (2024)
$ 534
Total
$ 6,406

Annual expenses

Equipment (rental)
$ 48
Total
$ 48

Gross annual revenues (potential)

Residential
$ 75,048
Other
$ 4,200
Total
$ 79,248

Exclusions

Personal effects of the tenants

Desjardins

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