51Z Boul. de la Concorde O.,
Laval (Laval-des-Rapides), H7N1H7

Description of the property for sale

Major potential at 51 Concorde W. Strategic location for developers: land under T4.5 zoning (high density) with a 1.5 F.A.R. (Floor Area Ratio) allowing up to 18,832 sq. ft. of buildable area over a maximum of 3 floors. Ideal for a demolition/reconstruction project maximizing site use. Nearby: University, CEGEP, and Place Bell. Exceptional connectivity (Metro/Train/REM). Buyers must be pre-qualified and represented by a broker for visits and offers. Seize the opportunity to maximize the value of this prime location!

STRATEGIC LOCATION: THE HEART OF INTERMODALITY

Situated on a major artery in Laval, this rare 12,488 sq. ft. corner lot enjoys an exceptional strategic location. A 20-minute walk from the De la Concorde Metro and commuter train station, the site is at the center of a high-performance transport network (Laurentians, South Shore, and West Montreal via the REM). The immediate proximity to the University, CEGEP, and Place Bell ensures a constant flow of people and sustained long-term rental demand.

REGULATORY FRAMEWORK AND T4.5 ZONING (HIGH DENSITY)

The site is integrated into the City of Laval's new regulatory framework (Zone T4.5-5058), promoting smart densification in a TOD (Transit Oriented Development) area.

- Buildable Potential: The 1.5 F.A.R. (Floor Area Ratio) allows for a projected total floor area of up to 18,832 sq. ft.

- Typological Flexibility: Zoning permits constructions of 3 stories (maximum height of 41 ft.), ideal for modern urban densification projects.

- Site Layout: The 50% building footprint allows for maximizing habitable space on this prime corner lot.

FINANCIAL OPTIMIZATION: STUDENT AND COLLECTIVE HOUSING

This site is a premier candidate for student or affordable housing development, leveraging permitted uses H2 (Collective) and H3 (Rooming).

- Unit Maximization: Proximity to educational institutions allows for a high-density unit configuration, meeting a critical local need.

- Parking Reduction: Under TOD zoning and H3 usage, required parking ratios are significantly reduced. This flexibility allows for more square footage to be allocated to livable space, directly increasing the Net Operating Income (NOI).

- CMHC APH Select Leverage: The project's potential for accessibility and affordability makes it eligible for CMHC APH Select incentives: up to 50-year amortization and a loan-to-value ratio of up to 95%.

DOCUMENTATION AND DECISION SUPPORT TOOLS

The seller provides exhaustive documentation: a new certificate of location (2026), a detailed zoning grid, and an exclusive service note regarding densification potential and financial optimization.

ALTERNATIVE OPTION: REDEVELOPMENT OF EXISTING BUILDING

For investors wishing to maintain the current 5,860 sq. ft. structure, a major renovation scenario is possible to maximize revenues. Full details, conversion plans, and financial projections are available under the Income Property listing, Centris No.: 12021402.

NOTICE TO BUYER

The Buyer is responsible for conducting their own due diligence with the competent authorities regarding the intended use and the validity of their projects. Buyers must be pre-qualified and represented by a broker for any inquiries or visits. Seize the opportunity to maximize the value of this prime location!

Included: Construction materials & cabinets (building/garage/yard), old toilet, uninstalled sinks, 3 new water heaters (1x60g, 2x40g) uninstalled, uninstalled electric thermostats. Alarm system (panel/detectors), HVAC system & filters (hair salon), light fixtures, rods, blinds, curtains. Pool pump/filtration system & accessories, dishwasher, range hood, all wall units & heat pump condensers, pool dehumidification/air exchange system.

Excluded: Inclusion/exclusion of equipment and leasehold improvements are subject to the terms of the commercial lease currently in effect between the lessor and lessee.