POTENTIAL REVENUE IS 1.1M+ Rare investment opportunity in Vimont! This semi-commercial strip mall with residential apartments features 39 units, a new roof (2020), new balconies, and over $1.2M in recent upgrades. High visibility on a major corridor with strong rental income potential. Mixed-use property offering diversified cash flow, value-add opportunities, and prime location near public transit. Ideal for investors seeking steady returns in Laval's growing market.
Description: POTENTIAL TO BUILD MULTI RESIDENTIAL
DEVELOPMENT.
Rare investment opportunity in Vimont! This semi-commercial
strip mall with residential apartments features 39 units,
11 commercial plus renovated basement, a new roof (2020),
new balconies, and over $1.2M in recent upgrades. High
visibility on a major corridor with strong rental income
potential. Mixed-use property offering diversified cash
flow, value-add opportunities, and prime location near
public transit. Ideal for investors seeking steady returns
in Laval's growing market.
Key Features:
39 residential units
11 Commercial units + renovated rentable basement with its
own exterior door access
New roof (2020)
2024 new balconies
$1.2M+ in capital improvements
High traffic exposure
Diversified rental income
Investment Highlights:
Stable tenant base, excellent location, and significant
value-add potential make this property a top choice for
savvy investors.
1964
as per leases
as per leases
Administration fees $34365 / year
Insurance $32106 / year
Energy cost $56888 / year
Water taxes $5209 / year (2024)
Municipal Taxes $119292 / year (2025)
School taxes $4794 / year (2024)
Semi-detached
4846.6 MC
| Heating system | Air circulation |
|---|---|
| Siding | Brick |
| Zoning | Commercial, Residential |
| Roofing | Elastomer membrane |
| Heating energy | Electricity, Natural gas |
| Topography | Flat |
| Sewage system | Municipal sewer |
| Water supply | Municipality |
| Foundation | Poured concrete |
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Phone : 514 934-2480
EMAIL
1 Westmount Square #711, Westmount
(QC) H3Z 2P9
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