This well-positioned commercial property offers investors a unique opportunity in Laval’s Pont-Viau district, minutes from Downtown Montreal and steps from Cartier Metro station. Set on a sizeable 48,759 sq. ft. parcel, the property generates a strong income stream, with a current gross annual revenue approaching $497,000 from established tenants. Long-term leases provide stability, with most tenancy commitments extending through December 2028, and one significant tenant secured until July 2031, offering predictable cash flow and minimal near-term rollover risk.
The site also carries significant redevelopment potential, with municipal evaluations suggesting the possibility of a residential project accommodating approximately 243 units pending verification and approvals. This dual value proposition—stable income alongside entitled development upside—positions the property as a compelling acquisition for both institutional and private investors.
Proximity to major transport nodes—including Metro Cartier and key thoroughfares—ensures sustained demand across retail or mixed-use formats. Combined with a flourishing demographic profile in Laval, this property offers both immediate yield and future growth prospects in one of Greater Montreal’s vibrant submarkets.