Laval (Laval-des-Rapides), H7N5J9
| MLS: 20684640
Aerial photo 
Aerial photo 
Hallway 
Hallway 
Living room 
Dining room 
Dining room 
Kitchen 
Kitchen 
Kitchen 
Bedroom 
Bedroom 
Bedroom 
Bathroom 
Balcony 
Drawing (sketch) 
Hallway 
Living room 
Living room 
Living room 
Dining room 
Dining room 
Kitchen 
Kitchen 
Kitchen 
Bedroom 
Bedroom 
Bedroom 
Bathroom 
Bathroom 
Balcony 
Drawing (sketch) 
Parking 
Street 
Aerial photo 
Aerial photo 
Aerial photo 
Aerial photo 
Excellent investment opportunity in Laval! Detached 16-unit building featuring 13 two-bedroom and 3 one-bedroom apartments, generating $202,800 in annual rental income. Walking distance to De la Concorde metro station! Major improvements include windows and patio doors in 2012, roof replacement in 2018, and balconies and railings in 2021. Strategically located near shops, services and public transportation. An attractive income-producing property with long-term investment potential!
Located at 490 Avenue Ampère in Laval, this detached 16-unit residential building presents an outstanding opportunity for investors seeking a quality income-producing asset with excellent long-term growth potential. Its strategic location within walking distance of De la Concorde metro station adds tremendous value and enhances its rental appeal.
Built in 1977, this three-storey property features a desirable unit mix consisting of 13 two-bedroom apartments (4½) and 3 one-bedroom apartments (3½), catering to a diversified rental market.
The property currently generates $202,800 in annual rental income, with substantial room for long-term rental revenue optimization. This combination of established income and future growth potential provides investors with an excellent opportunity to progressively enhance returns and maximize the property's value over time.
Several major capital improvements have been completed, including the replacement of windows and patio doors in 2012, roof replacement in 2018, and the refurbishment of balconies and railings in 2021. These significant investments in the building's major components represent valuable advantages for prospective purchasers.
Situated on approximately 12,914 square feet of land, the property offers a reported building area of approximately 10,812 square feet, providing an attractive multifamily investment opportunity.
LOCATION, LOCATION, LOCATION!
Within walking distance of De la Concorde metro station, the property benefits from excellent public transportation access, allowing convenient commuting to Montreal and surrounding Laval neighbourhoods. Its proximity to shopping, essential services and major roadways further strengthens its appeal to tenants.
With 16 residential units, $202,800 in current annual rental income, several major improvements already completed and significant potential for future rental income optimization, this property combines many of the features sought after by multifamily investors.
An excellent opportunity to expand your real estate portfolio with an established income-producing asset, a strategic location and attractive long-term growth and appreciation potential!
Exclusions : Tenant's personal effects
| Basement | 6 feet and over |
|---|---|
| Windows | Aluminum |
| Roofing | Asphalt and gravel |
| Proximity | Bicycle path, Cegep, Daycare centre, Elementary school, High school, Highway, Hospital, Park - green area, Public transport, University |
| Siding | Brick |
| Heating system | Electric baseboard units |
| Heating energy | Electricity |
| Sewage system | Municipal sewer |
| Water supply | Municipality |
| Foundation | Poured concrete |
| Zoning | Residential |
| Window type | Sliding |
This property is presented in collaboration with RE/MAX 2000
