Bedrooms 0

Baths 0

Livable area N/A

Construction 1965

199 Av. Michaud
Laval (Laval-des-Rapides), QC H7N - MLS # 26078191

$699,900

Property Details

Description

GREAT PROJECT!!! Located just steps from the Université du Québec à Laval, this sixplex is perfect for an investor looking for an excellent real estate project! This income property, with 4 units currently rented and signed lease terminations, will offer a potential annual income of over $66,000 once the unit renovation work is completed. Its prime location, in close proximity to the university, makes it an ideal choice for students and professionals, ensuring consistent rental demand. Don't miss this investment opportunity!

All the necessary permits to carry out the work have
already been acquired, allowing the renovations to begin
without delay. This project offers great potential for
development and space optimization, increasing the value
and yield of the building.

UNITS ONCE RENOVATED APPROVED BY THE PPCMOI

3 1/2 (x2) - Of which 1 will be on two floors.
2 1/2 (x3)
Studio/Loft (x1)


LOCATION

-6 minutes from Métro grocery store
-7 minutes from Centropolis
-5 minutes on foot to Paul-Marcel-Maheu Park
-6 minutes from Place Bell
-6 minutes from St. Norbert Elementary School
-5 minutes from Montmorency College
-6 minutes from UQAM in Laval
-8 minutes from the Ambulatory Care Center

BUILDING
Type
Style Detached
Dimensions 32x42 P
Lot Size 461.08 MC
EXPENSES
Municipal Taxes (2024) $ 5677 / year
School taxes (2024) $ 377 / year
ROOM DETAILS
Room Dimensions Level Flooring
N/A
CHARACTERISTICS
Heating system Electric baseboard units
Water supply Municipality
Heating energy Electricity
Foundation Poured concrete
Siding Asphalt shingles
Proximity Highway, Cegep, Hospital, Park - green area, Elementary school, High school, Public transport, University, Bicycle path, Daycare centre
Basement 6 feet and over, Finished basement
Parking Outdoor
Sewage system Municipal sewer
Zoning Residential

Victor Malham

Residential Real Estate Broker