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

Here is the professional English version of the sales

sheet, incorporating the source data and the comprehensive

financial analysis.

INVESTMENT OPPORTUNITY: PREMIER MEDICAL OFFICE BUILDING

3858-3870 Notre-Dame West Boulevard, Laval, QC

This exceptional commercial asset represents a prime, fully

leased medical property. It is an ideal acquisition for

investors seeking stable passive income and long-term

appreciation within the resilient healthcare sector.

ACQUISITION SUMMARY

Asking Price: $6.35M

Property Type: Medical and Professional Commercial Building

Total Area: 25,892 sq. ft.

Occupancy Rate: 100% (22 established tenants)

Total Gross Revenue: $699,722

Operating Expenses: $195,912 ($7.57/sq. ft.)

1. ASSET YIELD ANALYSIS (UNLEVERED)

Net Operating Income (NOI): $503,810

Capitalization Rate (Cap Rate): 7.93% (based on the $6.35M

asking price)

Yield per Square Foot: The net operating income generates

$19.46/sq. ft.

2. LEVERAGED YIELD PROJECTION

Based on a standard commercial acquisition scenario:

Required Equity (35%): Approximately $2,222,500.

Cash-on-Cash Return: Estimated at ~8.98% after debt service

(assuming a $4.13M loan amortized over 25 years at a 5.5%

interest rate).

Total Return (Year 1): Approximately 12.45%, including

principal paydown and net cash flows.

Debt Coverage Ratio (DCR): A very solid ~1.66, facilitating

favorable bank financing.

3. APPRECIATION AND SECURITY FACTORS

Stable Passive Income Streams:

Existing rooftop lease contracts with Rogers ($26,040/year)

and Vidéotron ($12,000/year) provide substantial added

value.

100% occupancy eliminates immediate revenue loss due to

vacancy.

Healthcare Sector Stability:

The ground-floor medical center accounts for 17% of the

total area and benefits from long-term leases of over 5

years.

A portfolio of 22 diversified tenants (healthcare,

professional offices, retail) minimizes risks associated

with single-tenant turnover.

Growth Potential:

Operating margins are above the Laval market average.

Modern infrastructure and high-quality renovations

performed to medical specifications limit future capital

expenditure (CAPEX).

STRATEGIC LOCATION

Ideally situated in the heart of Laval, the property offers

exceptional accessibility due to its immediate proximity to

Highways 15, 13, and 440, ensuring high visibility and easy

access for clients.