3858-3870 Boul. Notre-Dame, Laval (Chomedey)

OPPORTUNITY SUMMARY

Property Type: Mixed-Use Commercial Building (Medical &

Professional)

Rentable Area: 25,892 sq. ft.

Occupancy: 100% Leased (Leases renewed for 3 years or more)

FINANCIAL PERFORMANCE

Potential Gross Revenue: $671,182

Actual Operational NOI: $493,279

Cap Rate (Actual Operations): 7.84%

Stabilized NOI (Bank-Adjusted incl. management): $421,254

(Cap Rate: 6.70%)

INVESTMENT HIGHLIGHTS

Absolute Turnkey: Over $1.5M recently invested in major

capital improvements (CapEx).

Upgraded mechanical systems, modern finishes, and

medical-grade specifications.

Exceptionally controlled operating costs.

Tenant Stability: Fully stabilized medical and professional

asset.

All leases recently renewed for 3 years or more,

eliminating near-term rollover risk for the incoming owner.

Strategic Tenant Mix: Ideal blend of 18 tenants (healthcare

providers, institutional NPOs, and professional services).

Additional Revenue: Secured telecom contracts (Rogers,

Vidéotron) for rooftop antennas, generating $38,755/year in

stable income.

STRATEGIC LOCATION

Positioned in one of Laval's most active commercial

corridors, offering exceptional visibility and direct

access to Highways 15, 13, and 440. Compelling long-term

appreciation potential.