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Investment In Laval-des-Rapides, Laval (Laval-des-Rapides), Quebec

218 Boul. des Prairies, Laval (Laval-des-Rapides), QC, H7N 2T9

Property Information:

OPPORTUNITY TO SEIZE! *BEAUTIFUL 5 PLEX* on the waterfront in Laval. INVESTOR or owner-occupier. Total revenue pot. of $69,420 / year and +++. 5 appartments (4 ½) + GARAGE. Very well maintained with very welcoming common areas, storage spaces and the courtyard is tastefully furnished for relaxing and entertaining. Close to most services, shopping centers, schools, daycares, public transportation and major highways such as highways 15 and 19. Have the feeling of living close to nature with mature trees. Very easy to rent with the magnificent view and access to the river. This quintuplex has it all!

RARE ON THE MARKET!

Occupancy available for an owner occupant with housing #5 which is currently vacant. These are 5 x 4 1/2 including apartment 5 which is remodeled into a large 3 1/2 with a view of the river but which can easily return to 4 1/2 by replacing a wall. 5x water heater rental ($80.53/month)

BUILDING CONFIGURATION:

***BASEMENT: App #1 and previous App #6 and the GARAGE

***RDC : App #2 and App #3

***FLOOR: App #4 and App #5


STRENGTHS:

-In 2023: Main entrance door replaced as well as the intercom
-Some kitchens and bathrooms have been renovated as well as floor coverings and others.
-Roof redone with elastomeric membrane
-Waterfront wall is built of reinforced concrete and has always been well maintained.
-In 2023, replacement of 22 thermoses
-Garage + interior storage space (for the owner or to rent)
-Several parking lots, 8 in total
-Splendid view along the water and navigable
-Large, very well landscaped courtyard, calming and full sun
-Possibility of renting the garage for around $250/month
-Possibility perhaps to enlarge apartment #3 (to check with the municipality) by combining apartment #6 (which no longer complies with the municipality)

Inclusions: Fixtures, blinds and some appliances (see tenants' leases), 2 X Gazebos, on-site patio set, rocking chair, Pergola (aluminum), garden shed. Apt. #3 & 5 wall-mounted air conditioning, garage door opener with 2 levers

Exclusions : Personal effects of seller and tenants

Building Features:

  • Style: Multiplex
  • Basement: 6 feet and more, Outdoor entrance, Finished basement
  • Distinctive Features: No rear neighbours
  • Driveway: Asphalt
  • Garage: Attached
  • Lot: Landscaped
  • Parking: Driveway, Garage
  • Property or unit amenity: Other, Wall-mounted air conditioning
  • Proximity: Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Cross-country skiing, Commuter train, Public transportation, University
  • Rented Equipment (monthly): Water heater
  • Roofing: Elastomeric membrane
  • Siding: Brick
  • Size: 9.14 x 15.87 METRE
  • Topography: Flat
  • View: View of the water
  • Water (access): Waterfront, Navigable
  • Heating System: Electric baseboard units
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $69,420

Taxes:

  • Municipal Tax: $8,955
  • School Tax: $665
  • Annual Tax Amount: $9,620

Property Assessment:

  • Lot Assessment: $414,800
  • Building Assessment: $244,600
  • Total Assessment: $659,400

Property Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Built in: 1955
  • Irregular: Yes
  • Lot Depth: 63.49 Metre
  • Lot Frontage: 15.27 Metre
  • Lot Size: 941.80 Square Metres
  • Zoning: RESI
  • No. of Parking Spaces: 9

Revenue Units:

  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 3
  • Bedrooms 1
  • Baths 1

Courtesy of: Royal LePage Habitations

Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.

Sold without legal warranty of quality, at the buyer's own risk.

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Demographic Information of 218 Boul. des Prairies, Laval (Laval-des-Rapides), QC, H7N 2T9

Life Stage

Midlife Families

Employment Type

Service Sector/White Collar

Average Household Income

$107,674.59

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.17 %

High school certificate or equivalent

23.9 %

Apprenticeship trade certificate/diploma

12.24 %

College/non-university certificate

16.82 %

University certificate (below bachelor)

3.87 %

University Degree

23.02 %

Commuter

Travel To Work

By Car

72.12 %

By Public Transit

19.51 %

By Walking

1.83 %

By Bicycle

1.82 %

By Other Methods

4.72 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

78.44 %

Houses

21.56 %

Own Vs. Rent

Location of 218 Boul. des Prairies, Laval (Laval-des-Rapides), QC, H7N 2T9

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