$2,995,000
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)
JOE MAGRI
Real Estate Broker
RE/MAX EXCELLENCE INC. 7130 rue Beaubien Est , Montréal (Anjou), Québec H1M 1B2
Phone
514 354-6240
Fax
514 354-0657
Addendum
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.
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.
Building details and property interior
Dimensions
58' X 69'
Year constructed
1978
Lot and exterior features
Lot size
125' X 170'
Lot area
24,205 ft²
Parking (total)
Driveway (16)
Characteristics
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
Inclusions and exclusions
Mortgage payment calculator
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