Located at 205 Avenue Boyer in Lachine, this income property stands out for its strong rental potential, featuring 5 units spread over two floors. Set in a quiet and sought-after residential area, it offers a stable and appealing environment for tenants. The neighborhood is known for its peaceful atmosphere while remaining close to services, major roads, and urban amenities. An excellent opportunity for investors looking to combine stability, strategic location, and long-term value.A visit is a must!
Sale with exclusion(s) of legal warranty - See listing broker(s)
Located at 205 Avenue Boyer in the sought-after Lachine area, this income property represents an attractive investment opportunity thanks to its configuration of five residential units spread over two floors. The building features a functional and well-optimized layout, allowing for efficient management of the units while ensuring comfort for tenants. The apartments offer practical floor plans that promote natural light and privacy, contributing to strong tenant retention. Situated on a quiet residential street, the property benefits from a consistent rental demand within a homogeneous and stable neighborhood. Its current configuration allows for a diverse tenant profile, ranging from single occupants to small families, ensuring steady occupancy and reliable income potential. Overall, this is a well-balanced asset offering strong performance, stability, and long-term appreciation potential in a continuously evolving market.
NEARBY AMENITIES
The property benefits from a highly convenient location with quick access to a wide range of services and attractions:
Nearby parks and green spaces, including René-Lévesque Park and LaSalle Park, offering walking trails, relaxation areas, and sports facilities Access to the Lachine Canal and its bike path, ideal for cycling, walking, and waterfront outdoor activities Schools within short distance, including elementary and secondary schools as well as daycare services Essential services such as supermarkets, pharmacies, gas stations, and local convenience stores Efficient public transportation network with multiple bus lines connecting to metro stations, surrounding areas, and downtown Montreal Quick access to Highways 20 and 13, facilitating travel to downtown Montreal and the South Shore Diverse commercial offerings including cafés, restaurants, bakeries, and neighborhood shops contributing to an active local lifestyle
GENERAL ATMOSPHERE
The Lachine sector is well known for its peaceful residential atmosphere and balanced quality of life. It offers a harmonious blend of tranquility, greenery, and urban accessibility, making it highly attractive for both tenants and investors. Tree-lined streets, proximity to the waterfront, and numerous parks create a pleasant and welcoming environment. The area continues to benefit from ongoing development and gradual revitalization, further enhancing its long-term appeal. High quality of life, safety, and neighborhood stability contribute to sustained rental demand. In this context, the property represents a strategic investment opportunity within a solid market, offering a combination of strong returns, long-term stability, and appreciation potential.
Building details and property interior
Year constructed
1955
Living area
3,920 m²
Roofing
Asphalt and gravel
Lot and exterior features
Topography
Flat
Proximity
CEGEP, Daycare centre, Golf, Hospital, Metro, Park, Highway, Elementary school, Réseau Express Métropolitain (REM), High school, Public transportation, University, Bicycle path
Characteristics
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
Lot assessment
$ 264,000
Building assessment
$ 748,100
Total
$ 1,012,100
Taxes
Municipal
(2026)
$ 6,188
School
(2025)
$ 734
Total
$ 6,922
Gross annual revenues (potential)
Residential
$ 48,960
Total
$ 48,960
Inclusions and exclusions
Inclusions
Hot water tank (4), wall-mounted AC unit, 3 heating systems (184--186), (188--190), (205)