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557 1re Avenue, Val-des-Sources, QC J1T4K4    $1,550,000

Frontage

Frontage

Aerial photo

Aerial photo

Aerial photo

Kitchen

Living room

Kitchen

Bedroom

MLS: 22648221
1957

Description

Located in the heart of Val-des-Sources, 557-567 1st Avenue offers an excellent investment opportunity close to all amenities. The building includes two commercial units with a basement, a central heat pump, and a central vacuum system, as well as five residential units: two 5½s, two 4½s, and one loft. The necessary infrastructure for installing heat pumps in the residential units is already in place. Each residential unit comes with a parking space, in addition to spaces reserved for customers of the commercial units. Annual revenue of $144,024. Opportunity not to be missed!


Discover 557-567 1st Avenue in Val-des-Sources, an income
property offering an attractive combination of commercial
and residential units in the heart of a strategic
neighborhood, close to all services and amenities.

The property includes two commercial units, each with its
own basement, providing additional space for storage or
operations. The commercial units are equipped with a
central heat pump and a central vacuum system, enhancing
occupants' comfort.

Upstairs, the building features five residential units--two
5½s, two 4½s, and one loft--allowing for diversification of
rental income. The electrical systems have already been
pre-wired for the addition of heat pumps in the residential
units, with the necessary wiring and panels already in
place.

Residents also benefit from dedicated parking spaces--one
per unit--as well as several spaces reserved for customers
and users of the commercial spaces. This is an attractive
opportunity for investors seeking a versatile building with
strong potential for optimization in a central location in
Val-des-Sources.

On the upper floor, the building features five residential
units, including two 3-bedroom apartments (5½), two
2-bedroom apartments (4½), and one loft, providing a
diversified rental income stream. The electrical
infrastructure has already been prepared for the
installation of heat pumps in the residential units, with
the necessary wiring and electrical panels in place.

Tenants also benefit from dedicated parking spaces, with
one parking spot per residential unit, as well as several
additional spaces reserved for customers and occupants of
the commercial premises.

Left-Side Commercial Space:

Ground floor: 7 offices

Basement: 2 offices, 2 conference rooms, 1 bathroom, and 1
kitchen

Right-Side Commercial Space:

Ground floor: 3 offices, 1 conference room, 1 kitchen, and
1 bathroom

Basement: 1 conference room, 1 office, and 1 storage room

Additional Highlight: A new McDonald's restaurant is
currently under construction immediately to the right of
the property.

An excellent investment opportunity for buyers seeking a
versatile mixed-use property with strong potential for
optimization, diversified rental income, and a central
location in Val-des-Sources.

Annual revenue of $144,024.

Inclusions: Subject to the terms of the leases


Exclusions : Subject to the terms of the leases

BUILDING
Type Commercial building/Office
Style Detached
Dimensions 0x0
Lot Size 1546.5 MC
EXPENSES
Insurance $ 5984 / year
Energy cost $ 4387 / year
Municipal Taxes (2026) $ 9830 / year
School taxes (2026) $ 308 / year
Room Dimensions Level Flooring
N/A
Heating system Air circulation, Electric baseboard units
Driveway Asphalt
Equipment available Central heat pump, Central vacuum cleaner system installation, Level 2 charging station
Zoning Commercial, Residential
Roofing Elastomer membrane
Heating energy Electricity
Sewage system Municipal sewer
Water supply Municipality
Kind of commerce Office
Proximity Other
Foundation Poured concrete
Type of business/Industry Service