3858-3870 Notre-Dame - Office FOR SALE


Laval, QC - Chomedey
$6,290,000 CAD
450-497-3810
3858-3870 Notre-Dame, Laval, QC for Sale
$6,290,000 CAD
Office - FOR SALE
1/116
null | 7.87% Cap Rate

3858-3870 Notre-Dame
Laval, QC
Chomedey


HIGHLIGHTS

  • Turnkey solution: Over $1.5M recently invested in major infrastructure renovations. Very low and justified operating costs (OpEx).
  • Secured stability: 100% occupancy. All 18 leases have just been renewed for 3 years. No short-term vacancy risk.
  • Medical and paramedical anchor: 7 major tenants in the healthcare sector (Optometrist, Clinics, etc.), ensuring consistent and resilient foot traffic.
  • Guaranteed passive income: Long-term telecommunications contracts (Rogers, Vidéotron) on the roof generating $38,755 per year.

OVERVIEW

Property Description Excellent opportunity to acquire a mixed-use commercial building (medical and professional) spanning 25,892 sq. ft., strategically located on Boulevard Notre-Dame Ouest in Laval, a rapidly growing area. Transparent and optimized financial performance: Capitalization Rate (Actual Operations): 7.84%. Stabilized NOI (Adjusted for bank incl. management): $421,254 (Cap Rate: 6.70%). See brochure. Asset advantage (Zero CapEx anticipated): Unlike other buildings in this category, over $1.5M has recently been invested in infrastructure and tenant improvements (medical specifications). This ensures exceptionally low operating expenses (OpEx) for the future owner and eliminates post-acquisition surprises. Resilient tenant profile: The property boasts a 100% occupancy rate with 18 diversified tenants. The building’s purpose is firmly rooted in the medical and paramedical sector (7 clinics/health specialists), complemented by institutional professional services (non-profits) and business offices. Stability is further reinforced by the recent renewal of all leases for a 3-year term. Telecommunications antennas (Rogers, Vidéotron) provide additional passive income. Ideally located with immediate access to Highways 15, 13, and 440, this asset represents a prime defensive investment with excellent value appreciation potential. Contact us to sign a confidentiality agreement (NDA) to obtain the complete rent roll, details of current expenses, environmental phases (1 and 2), and the exhaustive list of $1.5M in improvements.

FOR SALE DETAILS

PRICE

$6,290,000 CAD

PRICE/SF

$243 CAD /SF

CAP RATE

7.87%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

le 3860 Notre-Dame

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

Commercial

APN/PARCEL ID

1636252, 1636252,1636290

ASK ABOUT THIS PROPERTY

Mounir AbdelazizPLUSMAX À LA CARTE INC.More Info
450-497-3810

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Mounir AbdelazizPLUSMAX À LA CARTE INC.More Info
450-497-3810

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