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119 Rue Conrad

6 Unit Block of Flats £618,654 (£103,109/Unit) 3.99% Net Initial Yield Laval, QC H7N 4J1

Block of Flats Quebec Laval 119 Rue Conrad, Laval, QC H7N 4J1

Investment Highlights

  • Each tenant is responsible for their own electricity costs
  • The property has a track record of steady occupancy
  • The average monthly rent across the building is $837, leaving significant room for rental upside

Executive Summary

FBG Commercial is proud to present this prime investment opportunity. This property consists of 6 spacious units, featuring 4 x 5 1/2 and 2 x 4 1/2 apartments. At the time of purchase, one 5 1/2 apartment will be vacant as it is the property owner who resides there, allowing immediate flexibility for a substantial rental increase. The average monthly rent across the building is $837, leaving significant room for rental upside. Each tenant is responsible for their own electricity costs. The property has a track record of steady occupancy, underscoring the strong rental demand in this area. Minor CAPEX investments is needed to maximize your ROI.

Property Facts

Price £618,654 Apartment Style Low Rise
Price Per Unit £103,109 Building Class C
Sale Type Investment Lot Size 0.15 AC
Net Initial Yield 3.99% Building Size 4,218 SF
No. Units 6 Number of Floors 2
Property Type Residential Year Built 1960
Property Subtype Apartment Parking Ratio 0.95/1,000 SF
Price £618,654
Price Per Unit £103,109
Sale Type Investment
Net Initial Yield 3.99%
No. Units 6
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.15 AC
Building Size 4,218 SF
Number of Floors 2
Year Built 1960
Parking Ratio 0.95/1,000 SF
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Walk Score ®
Very Walkable (79)
Transit Score ®
Excellent Transit (72)
Bike Score ®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

zoning

Zoning Code T4.1-5546 (Urban zoning - Isolated residential (Multifamily))
T4.1-5546 (Urban zoning - Isolated residential (Multifamily))
(514) 969-4036

  • Listing ID: 33995024

  • Date on Market: 25/11/2024

  • Last Updated:

  • Address: 119 Rue Conrad, Laval, QC H7N 4J1

The Residential Property at 119 Rue Conrad, Laval, QC H7N 4J1 is currently available For Sale. Contact Keller Williams for more information.

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119 Rue Conrad
(514) 969-4036 x

119 Rue Conrad

Paul Fortin

(514) 969-4036

(514) 969-4036

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