2 bedrooms
1 bathroom
Lot dimensions 7 671 ft² (712.66 m²)

Owners’ comments

Automated translation

Building comprising 8 dwellings built in 1985 by the current owner. In a very sought after area, in the heart of Laval. 8 well maintained dwellings of 714 sq.ft. habitable per unit. All 4 1/2 with washer and dryer entry. 100% leased, annual income of $73,704. 8 rear parking spaces. Storage shed in the yard. Fire alarm system with certificate of conformity. Heating at the expense of the tenants. Very good clientele... Photo as an example...

Complete Description
Complete Description

Property features

Asking Price
$1,250,000
Details
No agents
Year of construction
1985
Building dimensions
5 775 ft² (536.52 m²)
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
East
Number of parkings
8
Municipal evaluation's date
2017
Lot's municipal evaluation
$232,800
Building's municipal evaluation
$751,100
Taxes year
2018
2 Bedroom
8
Bedrooms (total)
2

External facing:

  • Aluminium Siding
  • Brick

Foundation:

  • Cast concrete

Frame:

  • Concrete

Roof:

  • Asphalt shingle

Floor coverings:

  • Laminate
  • Ceramic
  • Carpet

Windows:

  • Aluminium

Heating source:

  • Electric

Features:

  • Shed
  • Alarm system

Kitchen:

  • Melamine cabinets

Parking / Driveway:

  • Asphalt

Location:

  • Highway access
  • Near park
  • No backyard neighbors
  • Residential area
  • Public transportation

Lot description:

  • Fenced
  • Corner lot
  • Landscaped

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School
  • College
  • University

Near Recreational Service:

  • Library
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bedroom 1 (Master)
Storey: Main floor
Dimensions: 10' x 12' (3,05 m x 3,66 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$167.05
$2,004.65
Municipal taxes
$916.00
$10,991.94
Electricity
$82.42
$989.00
Maintenance fees
$183.33
$2,200.00
Insurance
$361.83
$4,342.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$6,142.00
$73,704.00

Property transfer duties

In Quebec, the property transfer duties is a tax that all municipalities must collect from the new owner (buyer) of a property.

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The steps involved in buying a property

Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.

1
Financing

One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.

2
Offer to purchase

The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.

Need the form?

Documents to download

3
Conditions of purchase

The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.

4
Property transfer

The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.

Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!

More details on these steps

See our All about buying section.

$1,250,000

6 units or more for sale

No. 818851

No agents
Contact the owner
Contact the owner