$5,500,000
ULS: 12702114
16+-Plex
for sale
511 - 557 Rue St-Isidore, Saint-Lin/Laurentides (Saint-Lin)
This income-generating 24-unit complex is composed of four rental buildings, each containing six spacious, well-lit apartments. The unit mix includes eighteen 4½-room and six 5½-room units, all offering spacious layouts and washer-dryer outlets--features that contribute to tenant appeal and operational efficiency. Included in the sale is an adjacent vacant lot currently used for parking, increasing total on-site parking capacity to 32 spaces--an important asset in tenant retention and potential revenue generation. Two of the buildings were constructed in 1991, with the remaining two completed in 1992. Over the past decade, the property has
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
2
Bedrooms
1
Bathroom
Addendum
benefited from a series of capital improvements, including the replacement of selected windows and patio doors, resurfacing of balconies, installation of new railings, asphalt repairs, foundation crack remediation, the full replacement of the roof at 523-533 in May of 2020 and the full replacement of the roof at 535-545 in October 2025.
The property currently generates annual rental income of $312,828, with substantial potential for increased revenues in the coming years. Many units remain at below-market rents, offering a clear opportunity for repositioning through gradual rent adjustments and strategic lease renewals. Located directly across from a park and an arena, and within close proximity to all essential services and amenities, this well-rented complex with quality tenants offers long-term stability, strong fundamentals, and excellent upside for the forward-thinking investor.
Please note the dimensions of the buildings are as follows:
511 to 521 St-Isidore: 18.30 m x 10.36 m
523 to 533 St-Isidore: 18.30 m x 10.36 m
535 to 545 St-Isidore: 19.51 m x 12.25 m
547 to 557 St-Isidore: 18.31 m x 10.38 m
It is expressly agreed that the snow removal contract for the land, access areas, and parking spaces shall remain the exclusive responsibility of the new owner.
The property currently generates annual rental income of $312,828, with substantial potential for increased revenues in the coming years. Many units remain at below-market rents, offering a clear opportunity for repositioning through gradual rent adjustments and strategic lease renewals. Located directly across from a park and an arena, and within close proximity to all essential services and amenities, this well-rented complex with quality tenants offers long-term stability, strong fundamentals, and excellent upside for the forward-thinking investor.
Please note the dimensions of the buildings are as follows:
511 to 521 St-Isidore: 18.30 m x 10.36 m
523 to 533 St-Isidore: 18.30 m x 10.36 m
535 to 545 St-Isidore: 19.51 m x 12.25 m
547 to 557 St-Isidore: 18.31 m x 10.38 m
It is expressly agreed that the snow removal contract for the land, access areas, and parking spaces shall remain the exclusive responsibility of the new owner.
Building details and property interior
Dimensions
60' X 34'
Year constructed
1991
Windows
PVC
Window Type
Casement, Sliding
Siding
Aluminum, Brick
Roofing
Asphalt shingles
Dividing Floor
Wood
Washer/Dryer (installation)
Bathroom (AU)
Kitchen Cabinets
Melamine
Basement
Finished basement, 6 feet and more
Renovations
Roof covering (2020, 6899), Cracks Foundation (2016, 8339), Fenestration (2017, 26749)
Lot and exterior features
Lot size
300' X 200' irr.
Lot area
4,645 m²
Topography
Flat
Driveway
Unpaved, Asphalt
Parking (total)
Driveway (32)
Proximity
Golf, Park, Bicycle path, Elementary school, High school, Cross-country skiing, Public transportation, Daycare centre, Highway
Room details
Unit 1 (Monthly residential revenue)
Rooms not detailed
Unit 2 (Monthly residential revenue)
Rooms not detailed
Unit 3 (Monthly residential revenue)
Living room
Level:
2nd level
Dimensions:
12'9" X 13'10"
Flooring:
Laminate floor
Details:
Kitchen
Level:
2nd level
Dimensions:
12'11" X 14'0"
Flooring:
Laminate floor
Details:
Bedroom
Level:
2nd level
Dimensions:
11'5" X 10'5"
Flooring:
Laminate floor
Details:
Bathroom
Level:
2nd level
Dimensions:
7'11" X 7'10"
Flooring:
Ceramic
Details:
Laundry Room
Primary bedroom
Level:
2nd level
Dimensions:
10'6" X 11'5"
Flooring:
Laminate floor
Details:
Unit 4 (Monthly residential revenue)
Rooms not detailed
Unit 5 (Monthly residential revenue)
Rooms not detailed
Unit 6 (Monthly residential revenue)
Rooms not detailed
Unit 7 (Monthly residential revenue)
Rooms not detailed
Unit 8 (Monthly residential revenue)
Rooms not detailed
Unit 9 (Monthly residential revenue)
Rooms not detailed
Unit 10 (Monthly residential revenue)
Rooms not detailed
Unit 11 (Monthly residential revenue)
Rooms not detailed
Unit 12 (Monthly residential revenue)
Living room
Level:
2nd level
Dimensions:
13'2" X 11'8"
Flooring:
Laminate floor
Details:
Kitchen
Level:
2nd level
Dimensions:
14'4" X 14'4"
Flooring:
Laminate floor
Details:
Bedroom
Level:
2nd level
Dimensions:
9'6" X 11'8"
Flooring:
Laminate floor
Details:
Bathroom
Level:
2nd level
Dimensions:
8'2" X 7'10"
Flooring:
Ceramic
Details:
Laundry Room
Primary bedroom
Level:
2nd level
Dimensions:
11'11" X 11'9"
Flooring:
Laminate floor
Details:
Unit 13 (Monthly residential revenue)
Rooms not detailed
Unit 14 (Monthly residential revenue)
Rooms not detailed
Unit 15 (Monthly residential revenue)
Rooms not detailed
Unit 16 (Monthly residential revenue)
Rooms not detailed
Unit 17 (Monthly residential revenue)
Rooms not detailed
Unit 18 (Monthly residential revenue)
Rooms not detailed
Unit 19 (Monthly residential revenue)
Rooms not detailed
Unit 20 (Monthly residential revenue)
Rooms not detailed
Unit 21 (Monthly residential revenue)
Rooms not detailed
Unit 22 (Monthly residential revenue)
Rooms not detailed
Unit 23 (Monthly residential revenue)
Rooms not detailed
Unit 24 (Monthly residential revenue)
Rooms not detailed
Characteristics
Heating System
Convection baseboards, Electric baseboard units
Heating Energy
Electricity
Rented Equipment (monthly)
Garbage Removal (218)
Water Supply
Municipality
Sewage System
Municipality
Environmental Study
Phase 1 (2010, 07), Phase 2 (2010, 07)
Financial details
Municipal assessment (2025)
- Lot assessment
- $ 824,900
- Building assessment
- $ 2,853,100
- Total
- $ 3,678,000
Taxes
- Municipal (2025)
- $ 36,207
- School (2026)
- $ 2,400
- Total
- $ 38,607
Annual expenses
- Insurance
- $ 12,984
- Snow removal
- $ 4,599
- Garbage
- $ 2,616
- Total
- $ 20,199
Gross annual revenues (potential)
- Residential
- $ 312,828
- Total
- $ 312,828
Inclusions and exclusions
Inclusions
24 Hot Water Tanks (10 Years old or less), 1 Shed
Exclusions
Tenants' Personal Belongings
Mortgage payment calculator
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