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le 3860 Notre-Dame 3858-3870 Notre-Dame 25,892 SF 94% Leased Office Building Laval, QC $4,461,499 USD ($172.31 USD/SF) 7.87% Cap Rate
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Investment Highlights
- Turnkey solution: Over $1.5M recently invested in major infrastructure renovations. Very low and justified operating costs (OpEx).
- Medical and paramedical anchor: 7 major tenants in the healthcare sector (Optometrist, Clinics, etc.), ensuring consistent and resilient foot traffic.
- Secured stability: 100% occupancy. All 18 leases have just been renewed for 3 years. No short-term vacancy risk.
- Guaranteed passive income: Long-term telecommunications contracts (Rogers, Vidéotron) on the roof generating $38,755 per year.
Executive Summary
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 defensive investment choice 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.
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 defensive investment choice 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.
Data Room Click Here to Access
- Rapports de tiers
Financial Summary (Actual - 2026) |
Annual (USD) | Annual Per SF (USD) |
|---|---|---|
| Gross Rental Income |
$476,070
|
$18.39
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$476,070
|
$18.39
|
| Taxes |
$69,564
|
$2.69
|
| Operating Expenses |
$55,411
|
$2.14
|
| Total Expenses |
$124,975
|
$4.83
|
| Net Operating Income |
$351,094
|
$13.56
|
Financial Summary (Actual - 2026)
| Gross Rental Income (USD) | |
|---|---|
| Annual | $476,070 |
| Annual Per SF | $18.39 |
| Other Income (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (USD) | |
|---|---|
| Annual | $476,070 |
| Annual Per SF | $18.39 |
| Taxes (USD) | |
|---|---|
| Annual | $69,564 |
| Annual Per SF | $2.69 |
| Operating Expenses (USD) | |
|---|---|
| Annual | $55,411 |
| Annual Per SF | $2.14 |
| Total Expenses (USD) | |
|---|---|
| Annual | $124,975 |
| Annual Per SF | $4.83 |
| Net Operating Income (USD) | |
|---|---|
| Annual | $351,094 |
| Annual Per SF | $13.56 |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
25,892 SF
Building Class
B
Year Built/Renovated
1961/2014
Price
$4,461,499 USD
Price Per SF
$172.31 USD
Cap Rate
7.87%
NOI
$351,094 USD
Percent Leased
94%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
6,473 SF
Building FAR
2.70
Lot Size
0.22 AC
Zoning
Commercial
Parking
36 Spaces (1.39 Spaces per 1,000 SF Leased)
Amenities
- Business Center
- Property Manager on Site
- Security System
- Signage
- Wheelchair Accessible
- Elevator
- Intercom
- Public Transportation
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 3rd Fl-Ste 301
- 1,550 SF
- Office/Medical
- Shell Space
- Now
| Space | Size | Space Use | Build-Out | Available |
| 3rd Fl-Ste 301 | 1,550 SF | Office/Medical | Shell Space | Now |
3rd Fl-Ste 301
| Size |
| 1,550 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Shell Space |
| Available |
| Now |
1 1
Moderately walkable
70/100
Very drivable
80/100
Exceptional public transit
90/100
Moderately bikeable
60/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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PLUSMAX À LA CARTE INC.
le 3860 Notre-Dame | 3858-3870 Notre-Dame
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