Excellent investment opportunity in Montréal! Detached 6-plex composed of six spacious 4.5 apartments and generating $65,568 in gross annual revenue. With current rents offering significant room for optimization, the property presents strong potential to increase income and build long-term value. Well-established building with several improvements completed over the years, a large backyard and an attractive configuration for investors seeking both stability and upside.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Welcome to 10166 Av. des Laurentides, a solid and well-established detached 6-plex offering an excellent opportunity to acquire a true income-producing property in Montréal, with significant potential for future optimization and revenue growth.
Built in 1957 and sitting on a 4,342 sq. ft. lot, the property is composed of six spacious 4.5 apartments, each offering 2 bedrooms and 1 bathroom. The property currently generates gross annual residential revenues of $65,568, equivalent to $5,464 per month. With existing rents offering substantial room for future optimization, the property presents an attractive opportunity for an investor with a long-term vision to progressively improve revenues while continuing to enhance the building.
Each apartment offers a functional and comfortable layout with generous natural light, well-proportioned living areas, hardwood and ceramic flooring, practical kitchens and two good-sized bedrooms. The units also benefit from rear balconies and direct exterior access.
Outside, the property offers a large backyard providing additional usable space for tenants, along with an exterior storage shed.
The building has benefited from several important improvements and maintenance items over the years, including:
- Roof replaced in 2013 - Cold-water supply plumbing converted to PEX in 2013 - Front windows and rear balcony doors replaced around 2018 - Plumbing and drainage repairs completed in 2022 - Bathroom caulking completed in 2023 - Exterior window and door caulking completed in 2023 - Various improvements to kitchens, flooring and electrical installations over the years
What truly distinguishes this opportunity is the considerable room for optimization. With six 4.5 apartments, existing rental income and rents that leave meaningful upside over time, the building offers an investor the ability to progressively optimize revenues, improve individual units as opportunities arise and further strengthen the overall performance of the asset.
Ideally positioned near the Ahuntsic and Saint-Michel sectors, the property enjoys convenient access to public transportation, schools, daycare centres, parks, shopping, everyday services and major roadways.
A compelling opportunity to acquire a detached 6-unit residential income property with solid existing revenues, substantial optimization potential and excellent long-term upside in an established Montréal location.
Building details and property interior
Dimensions
32' 1" X 48' 1" irr.
Year constructed
1957
Siding
Brick
Lot and exterior features
Lot size
51' 8" X 84' irr.
Lot area
403.40 m²
Driveway
Paving stone
Parking (total)
Driveway (2)
Proximity
Daycare centre, Hospital, Park, Bicycle path, Elementary school, High school, Public transportation, Highway