3500 Rue Chalifoux 16 Unit Apartment Building $4,600,000 CAD ($287,500 CAD/Unit) Laval, QC H7V 4A4

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.