$399,000
New
ULS: 28507614
Duplex
for sale
921 Rue Lessard, Sainte-Adèle (Sainte-Adèle)
With a small income property, the numbers matter. Here, they're worth a closer look. Current rents total $2,100 per month, or $25,200 per year, giving investors a straightforward opportunity that's easy to understand even as a first investment. Two units with separate addresses at 117 Campeau and 921 Lessard, right in the heart of Sainte-Adèle.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
2
Bedrooms
1
Bathroom
JONATHAN LAVOIE
Residential and Commercial Real Estate Broker
Addendum
A SMALL INCOME PROPERTY WORTH RUNNING THE NUMBERS ON
For an investor, the starting point is simple: what is the property generating today?
At 117 Campeau / 921 Lessard, current rents total $2,100 per month, or $25,200 per year. At the $399,000 asking price, that works out to a gross rent multiplier of approximately 15.8.
That's what makes this duplex worth considering for someone looking to add a small income property to a portfolio or take a first step into real estate investing. The case here isn't built around hypothetical future rents -- it starts with the income in place today.
The property has two units with separate addresses and is located in Sainte-Adèle, close to local services, shops and activities.
An income property doesn't have to be complicated to make sense. Start with the numbers, then come see the property behind them.
The rents used for this listing are currently $700 and $1,400 per month.
For an investor, the starting point is simple: what is the property generating today?
At 117 Campeau / 921 Lessard, current rents total $2,100 per month, or $25,200 per year. At the $399,000 asking price, that works out to a gross rent multiplier of approximately 15.8.
That's what makes this duplex worth considering for someone looking to add a small income property to a portfolio or take a first step into real estate investing. The case here isn't built around hypothetical future rents -- it starts with the income in place today.
The property has two units with separate addresses and is located in Sainte-Adèle, close to local services, shops and activities.
An income property doesn't have to be complicated to make sense. Start with the numbers, then come see the property behind them.
The rents used for this listing are currently $700 and $1,400 per month.
Building details and property interior
Year constructed
1930
Windows
PVC
Siding
Wood
Roofing
Elastomeric membrane
Dividing Floor
Wood
Basement
6 feet and more
Lot and exterior features
Lot size
55' 6" X 57'
Lot area
276.90 m²
Topography
Sloped
View
View of the city, Panoramic, View of the mountain
Distinctive Features
Street corner
Parking (total)
Driveway (3)
Proximity
Bicycle path, Elementary school, Alpine skiing, High school, Cross-country skiing, Snowmobile trail, ATV trail, Public transportation, Golf, Daycare centre, CEGEP, Park, Highway
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Rented Equipment (monthly)
Water heater (1, 16)
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 74,800
- Building assessment
- $ 156,700
- Total
- $ 231,500
Taxes
- Municipal (2026)
- $ 2,779
- School (2026)
- $ 163
- Total
- $ 2,942
Annual expenses
- Equipment (rental)
- $ 203
- Total
- $ 203
Gross annual revenues (potential)
- Residential
- $ 25,200
- Total
- $ 25,200
Inclusions and exclusions
Exclusions
Tenants' furniture and personal belongings.
Mortgage payment calculator
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This document is not an offer or a promise that may bind the seller, but is an invitation to submit such offers or promises.