$1,699,000 +GST/QST
ULS: 15005997
Quadruplex
for sale
70 Rue Meunier O., Laval (Laval-des-Rapides)
SIZE! QUALITY and EXCLLENT INCOME. Magnificent semi-commercial property with convenience store since 1952 & 3 large condo style apartments; 1 bachlor in the basement, garage for 3 vehicles. Building largely refurbished in 2011. the apartments completely renovated up to date with top quality materials !. UNIQUE ON THE MARKET.
Living area
3,080 ft²
Property features
4
Bedrooms
2
Bathrooms
SAMI AMRANI
Real Estate Broker
Addendum
Addendum
With this property you will have the ambra of choice: be the owner-occupier, a large apartment with high quality bathrooms (4 bedrooms 2 bathrooms) (1780 sq. ft. Gross, 1651 sq. ft. Net), or be the owner and operate the convenience store yourself, or rent it all and maximize income.
Quiet neighborhood, facing a primary school, a church and a large park between 2 Concordia and Cartier metro stations.
the apartments are very spacious: Three large apartments
Apartment: No 185 (10½): Area 1780sqft Gross, 1651sqft Net.
Apartment: No 177 (9½): Area 1780 sf Gross, 1651 sf Net.
Apartment: No 181: (5½): Area 1278pc Gross, 1168pc Net.
Garage + bathr: Area 2155sf Gross, 1988sqft Net.
Renovations: Almost the entire building has been redone since 2011 (after the fire):
- Replacement of bricks on two facades, joints redone and plastered. $35,000.00;
-basement and garage renovation, floating floors, hot water tank installation, bathtub,
Sink faucets showers faucets mirror furniture toilet and bathroom $36,000.00
- Roof 2011 (elastomeric membrane)
4 hot water tanks year 2021
------------------
Possibility of improving income by putting at least six parking spaces in front of the building and renting the garage and the loft in the basement (this is conditional on the agreement of the city of Laval)
With this property you will have the ambra of choice: be the owner-occupier, a large apartment with high quality bathrooms (4 bedrooms 2 bathrooms) (1780 sq. ft. Gross, 1651 sq. ft. Net), or be the owner and operate the convenience store yourself, or rent it all and maximize income.
Quiet neighborhood, facing a primary school, a church and a large park between 2 Concordia and Cartier metro stations.
the apartments are very spacious: Three large apartments
Apartment: No 185 (10½): Area 1780sqft Gross, 1651sqft Net.
Apartment: No 177 (9½): Area 1780 sf Gross, 1651 sf Net.
Apartment: No 181: (5½): Area 1278pc Gross, 1168pc Net.
Garage + bathr: Area 2155sf Gross, 1988sqft Net.
Renovations: Almost the entire building has been redone since 2011 (after the fire):
- Replacement of bricks on two facades, joints redone and plastered. $35,000.00;
-basement and garage renovation, floating floors, hot water tank installation, bathtub,
Sink faucets showers faucets mirror furniture toilet and bathroom $36,000.00
- Roof 2011 (elastomeric membrane)
4 hot water tanks year 2021
------------------
Possibility of improving income by putting at least six parking spaces in front of the building and renting the garage and the loft in the basement (this is conditional on the agreement of the city of Laval)
Building details and property interior
Dimensions
44' X 70' irr.
Year constructed
1963
Living area
3,080 ft²
Windows
Aluminum
Window Type
Casement
Siding
Brick, Vinyl
Roofing
Elastomeric membrane
Dividing Floor
Wood
Kitchen Cabinets
Wood
Bathroom
Ensuite powder room, Whirlpool bath
Basement
Finished basement
Renovations
Heating (2011)
Lot and exterior features
Lot size
100' X 93' 3" irr.
Lot area
7,460 ft²
Proximity
Highway, CEGEP, Daycare centre, Metro, Park, Elementary school, High school, University
Characteristics
Heating System
Convection baseboards, Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2020)
- Lot assessment
- $ 189,600
- Building assessment
- $ 694,100
- Total
- $ 883,700
Taxes
- Municipal (2024)
- $ 15,399
- School (2023)
- $ 813
- Total
- $ 16,212
Annual expenses
- Insurance
- $ 3,143
- Total
- $ 3,143
Gross annual revenues (potential)
- Residential
- $ 87,600
- Commercial
- $ 46,884
- Parking
- $ 4,200
- Total
- $ 138,684
Inclusions and exclusions
Inclusions
Apt. 185: stove, microwave, dishwasher, refrigerator, washer dryer; Apt177 stove, microwave, dishwasher, refrigerator, light fixtures, washer dryer. - Apt181 stove, microwave, dishwasher, refrigerator, washer dryer; 2 car shelters
Mortgage payment calculator
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