3500 Rue Chalifoux - Apartments FOR SALE


Laval, QC H7V 4A4- Chomedey
$4,600,000 CAD
450-682-2000
3500 Rue Chalifoux, Laval, QC for Sale
$4,600,000 CAD
Apartments - FOR SALE
1/3
null | Request Cap Rate

3500 Rue Chalifoux
Laval, QC H7V 4A4
Chomedey


HIGHLIGHTS

  • 16-unit income property with solid brick and concrete construction for durability.
  • Excellent tenant amenities including washer/dryer hook-ups, 12,000 BTU A/C units, and central vacuums.
  • On-site parking for 16 vehicles plus a storage outbuilding for added convenience.

OVERVIEW

3500 Rue Chalifoux offers an investor-ready 16-unit apartment property in the established community of Chomedey, Laval. This meticulously maintained building features solid all-brick and concrete construction designed for long-term durability and low-maintenance ownership. Managed under consistent ownership since 2006, the property continues to operate in top condition, delivering reliable cash flow with significant upside through future rent optimization. Each unit is thoughtfully planned with modern conveniences, including washer/dryer hookups, air conditioning systems, and central vacuum installations. Select units have been refreshed with floating floors and updated ceramic tiling in kitchens and bathrooms. The building is equipped with 16 dedicated parking spaces and additional storage within a brick outbuilding. Roof replacement was completed approximately 15 years ago, ensuring lower near-term capital requirements. Current annual revenues position this property as an attractive income-producing asset, supported by its prime location minutes from Montreal via Highway 15 or the Lachapelle Bridge. Proximity to schools, parks, public transportation, and essential services contributes to strong tenant retention and ongoing rental demand. This offering represents a turnkey opportunity for investors looking for scale, stability, and potential for increased returns in Laval’s sought-after rental market.

FOR SALE DETAILS

PRICE

$4,600,000 CAD

PRICE/SF

$280 CAD /SF

# OF UNITS

16

PRICE/UNIT

$287,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1980

PARKING SPACES

19

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Catherine PapachristouRE/MAX 2000More Info
450-682-2000

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Catherine PapachristouRE/MAX 2000More Info
450-682-2000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.