Welcome to 455 Rue Branly, this a meticulously maintained 9-unit apartment building that offers the perfect balance of stability, profitability, and long-term growth for your investment portfolio.

Located in the heart of Laval-des-Rapides, this property is low-maintenance and easy to manage, with all tenants responsible for their own utilities (Electricity and Hydro). The building is composed of 8 one-bedroom and 1 studio apartments and boasts 11 parking spaces (6 exterior and 5 interior garages), with most garages currently rented for additional revenue.

Recent Renovations & Major Updates

- 2022 -- Roof replacement (gravel and asphalt)
- 2023--2024 -- Complete painting of all common areas
- 2024 -- Driveway fully repaved with asphalt, new drains installed, and parking spots repainted

Financial Highlights

- Potential gross revenue: $121,944 annually
- Potential net revenue: $105,073 annually
- Additional garage/parking income adds value and stability
- Immediate cash flow: Building is fully occupied with two vacant units ready to be leased, offering upside potential

Investment Advantages

- Solid tenant base ensuring consistent and predictable returns
- Turnkey property with major capital improvements already completed
- Strategic location in Laval-des-Rapides, close to metro, transit, shopping, schools, and services -- guaranteeing long-term rental demand

Due Diligence & Additional Information

- Environmental Studies Phase I & II (2025): In progress
- Offer requirements: All offers must include proof of financial capacity
- Visits: Showings upon accepted offer, with vacant units #101 and #304 available for immediate visits

Whether you are seeking to expand your portfolio with a stable, income-producing property or acquire a high-performing asset in one of Laval's most desirable rental markets, 455 Rue Branly is an opportunity you won't want to miss.