199 Av. Michaud, Laval (Laval-des-Rapides), QC H7N3P3 $699,900
Frontage
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Overall View
Back facade
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Kitchen
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Overall View
Bathroom
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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
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
Inclusions: Tenant's Effects Rent #6: Murphy bed, sofa, table and 2 chairs, refrigerator. Rent #2: Stove and refrigerator, single bed.
Exclusions : N/A
BUILDING | |
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Type | |
Style | Detached |
Dimensions | 32x42 P |
Lot Size | 461.08 MC |
EXPENSES | |
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Municipal Taxes (2024) | $ 5677 / year |
School taxes (2024) | $ 377 / year |
ROOM DETAILS |
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Room | Dimensions | Level | Flooring |
N/A |
CHARACTERISTICS |
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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 |