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Catherine Papachristou

Catherine Papachristou
Certified Residential and Commercial Real Estate Broker AEO

Cellular : 4506822000
Office : 5142353581
Fax : 4506822242


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Revenue property for sale, Laval (Laval-des-Rapides) |
$2,300,000

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Primary bedroom
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Kitchen
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Bathroom
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390, Rue de Bourges, Laval (Laval-des-Rapides)
Centris No. 12293194

Room(s)

4 Room(s)

Bedroom(s)

2 Bedroom(s)

Bathroom(s)

1 Bathroom(s)

Impeccably maintained all-brick 8-unit building in Laval-des-Rapides, held by same owner fo 24 years. Featuring eight spacious 4½ units with bright interiors, 8-ft ceilings, and washer/dryer installations in each bathroom. Tenants pay their own heating. Each unit includes parking. Quiet street facing green space, yet steps from shops, transit, Metro Concorde, parks, and schools, and only 2 km from Place Bell. Stable, quality tenants, strong revenue, and excellent long-term upside make this a turnkey investment opportunity with optimization potential.

Detailed information

Characteristics

Property Type
Revenue property
Year of construction
1984
Type of building
Semi-detached
Trade possible
Building dimensions
15.10 m x 12.02 m
Living Area
Lot dimensions
29.44 m x 30.52 m
Deed of Sale Signature
Zoning
Residential
Pool
Water supply
Municipality
Parking (total)
Foundation
Poured concrete
Driveway
Asphalt
Roofing
Asphalt shingles
Garage
Siding
Brick
Lot
Windows
Topography
Window Type
Sliding
Distinctive Features
Energy/Heating
Electricity
View
Basement
Proximity
Public transport, High school, Elementary school, Park - green area, Daycare centre, Cegep, Highway
Bathroom
Sewage system
Municipal sewer
Parking
Outdoor
Heating system
Electric baseboard units
Dimensions
Width of the building
15.10 m
Depth building
12.02 m
Lot frontage
29.44 m
Depth of field
30.52 m
Lot dimensions (Sq. ft.)
873.80 m²
Fees and taxes
School taxes :
$1,082 (2025)
Municipal Taxes :
$15,268 (2026)
Total
$16,350
Expenses / Energy (per year)
Energy cost
$513
Snow removal / Lawn mowing
$1,310
Insurance
$3,576
Municipal evaluation
Year
2027
Lot
$517,300
Building
$1,062,100
Total
$1,579,400
Annual Gross Revenue (Potential)
Residential
$114,900
Total revenue
$114,900
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Room dimensions

Room(s) : 4    |   Bedroom(s) : 2    |   Bathroom(s) : 1    |    Powder room(s) : 0

Room(s)
Level
Dimensions
Type of flooring
Additional information

Inclusions


8 hot water tanks, cabanon

Exclusions


Tenant's belongings

Addenda


- Solid all-brick construction with metal door frames

throughout

- Eight (8) well-divided 4½ units with generous room sizes

- Garden-level basement apartment with full-height (approx.

8 ft) ceilings

- Bright units with functional layouts

- Washer/dryer installation in every unit (bathrooms)

- Heating costs borne by tenants

- One parking space per unit

- Well maintained over the years; pride of ownership evident

- Only two owners since construction; current owner for 24

years

- Quality, stable tenant profile

- Quiet location facing green space

- Walking distance to amenities: grocery stores, shops,

public transit, Metro Concorde, parks, and schools

- Approximately 2 km from Place Bell

- Total annual revenue of $114,900 as of July 1, 2026

(leases to June 30, 2027)

- Excellent long-term investment with potential to optimize

revenues

- A new certificate of location has been ordered

- Visits upon accepted promise to purchase

** Please note that the stated monthly revenues are

effective as of July 1, 2026-30 Juin 2027

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