Photo Main Photo of the property
$2,995,000
New
ULS: 24149917

16+-Plex for sale
120 Av. de Lorraine, Lachute

Excellent 16-unit investment property located at 120 Av. de Lorraine in Lachute. This detached 3-storey residential building offers a strong unit mix of 2 x 3 ½, 7 x 4 ½, and 7 x 5 ½ apartments, with 16 exterior parking spaces. The property generates a potential gross annual revenue of $171 840 and features renovated units with hardwood floors, private concrete balconies, parking, and outdoor storage. A solid income property with stable revenue and long-term rental potential.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Excellent 16-unit investment property located at 120 Av. de Lorraine in Lachute. This detached 3-storey residential building, built in 1978, sits on a large 24,205 sq. ft. lot and offers a desirable unit mix consisting of 2 x 3 ½ units, 7 x 4 ½ units, and 7 x 5 ½ units. The property includes 16 exterior parking spaces and generates a potential gross annual revenue of $171 840 as of July 1st, 2026

The building has been well maintained and features renovated apartments with attractive finishes, including hardwood flooring, marble countertops, bright living areas, spacious bedrooms, and private concrete balconies. Each apartment also benefits from dedicated parking and outdoor storage, offering tenants comfort, convenience, and functionality.

With municipal water and sewer services, electric baseboard heating, aluminum and brick siding, and a combination of concrete and wood dividing floors, this property represents a solid income-producing asset in a residential area of Lachute. Located near parks such as Atelier Florange, Serge Zennier, and Complexe de Bétange, it offers tenants a practical and pleasant living environment.

A strong opportunity for investors seeking a fully residential multi-unit property with stable income, a balanced unit mix, and long-term rental potential.
Dimensions 58' X 69'
Year constructed 1978
Lot size 125' X 170'
Lot area 24,205 ft²
Parking (total) Driveway (16)
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2026)

Lot assessment
$ 232,400
Building assessment
$ 1,529,600
Total
$ 1,762,000

Taxes

Municipal (2026)
$ 22,779
School (2026)
$ 1,245
Total
$ 24,024

Annual expenses

Insurance
$ 7,367
Snow removal
$ 1,581
Lawn
$ 575
Total
$ 9,523

Gross annual revenues (potential)

Residential
$ 171,840
Total
$ 171,840
Desjardins

Mortgage payment calculator

$
$
$
%

Learn more about this property's neighbourhood

The sector in a few statistics

What you need to know about real estate