$1,495,000
New
ULS: 11295989
5-6-7-Plex
for sale
5120 - 5126 Rue de Lambaréné, Montréal (Saint-Léonard)
RARE OPPORTUNITY! First time on the market since 1978. Owned and passed down within the same family for nearly 50 years. This meticulously maintained property reflects exceptional pride of ownership and a longstanding commitment to quality upkeep. Each unit has benefited from careful maintenance throughout the years. 100% rented with outstanding tenants. Annual gross revenue of $87,000. A true turnkey investment opportunity. Close to parks, schools, daycare, tranportation. Waling distance to viau. Great location!
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
3
Bedrooms
1
Bathroom
MARIA MARIANI
Real Estate Broker
Addendum
Excellent income property in a sought after location of St. Leonard. Featuring reliable tenants.
Proudly maintained by the original owners since 1974. Well cared for and updated with renovations over the years. The children have recently inherited this property.
This property offers stability and strong investment potential. Situated close to schools, shopping, public transportation, parks, daycares and all essential amenities. The location contines to support stong rental demand.
5120 de Lambarene 5.5:
Main floor with basement, garage, backyard and 1 driveway parking;
Monthly rent: $2280 per month (heating, electricity, hot water, cable/internet not included;
5122: Upper 5.5
monhly rent: $1025 per month, 1 parking included (driveway) (heating, electricity, hot water, cable/internet not included;
5124 de Lambarene 4.5:
Monthly rent: 1200 per month (heating, electricity, hot water, cable/internet not included;
5126 de Lambarene: 4.5 main floor / small portion of the backyard is shared with the 5.5 tenant on the main floor;
Monthly rent: $1525 per month (heating, electricity, hot water, cable/internet not included;;
5120A de Lambarene 4.4 bachelor apartment:
Monthly rent $1220 per month (heating, electricity, hot water, cable/internet not included;
Basement bathroom renovated in 2024 (powder room, sinck and vanity has been changed;
All kitchen counters in all the apartments have been changed;
Outdoor stairs have been redone;
Crepi (Texnov) will be done in June 2026, it's been paid for and the receipt is available;
Railing have been changed in 2025.
Gas fireplace (propane) in the basement playroom.
The sellers pay for the rental of the tank $135.00 per year and the tenant pays for filling the tank as needed.
All the hot water tanks are of certain age and will need to be replaced.
COME TO VISIT!
Proudly maintained by the original owners since 1974. Well cared for and updated with renovations over the years. The children have recently inherited this property.
This property offers stability and strong investment potential. Situated close to schools, shopping, public transportation, parks, daycares and all essential amenities. The location contines to support stong rental demand.
5120 de Lambarene 5.5:
Main floor with basement, garage, backyard and 1 driveway parking;
Monthly rent: $2280 per month (heating, electricity, hot water, cable/internet not included;
5122: Upper 5.5
monhly rent: $1025 per month, 1 parking included (driveway) (heating, electricity, hot water, cable/internet not included;
5124 de Lambarene 4.5:
Monthly rent: 1200 per month (heating, electricity, hot water, cable/internet not included;
5126 de Lambarene: 4.5 main floor / small portion of the backyard is shared with the 5.5 tenant on the main floor;
Monthly rent: $1525 per month (heating, electricity, hot water, cable/internet not included;;
5120A de Lambarene 4.4 bachelor apartment:
Monthly rent $1220 per month (heating, electricity, hot water, cable/internet not included;
Basement bathroom renovated in 2024 (powder room, sinck and vanity has been changed;
All kitchen counters in all the apartments have been changed;
Outdoor stairs have been redone;
Crepi (Texnov) will be done in June 2026, it's been paid for and the receipt is available;
Railing have been changed in 2025.
Gas fireplace (propane) in the basement playroom.
The sellers pay for the rental of the tank $135.00 per year and the tenant pays for filling the tank as needed.
All the hot water tanks are of certain age and will need to be replaced.
COME TO VISIT!
Building details and property interior
Dimensions
42' X 53'
Year constructed
1973
Garage
Built-in
Lot and exterior features
Lot size
63' X 82'
Lot area
5,166 ft²
Parking (total)
Driveway (2), Garage (1)
Proximity
Hospital, Metro, Park, Highway, Elementary school, Public transportation, Bicycle path, Daycare centre
Characteristics
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 473,300
- Building assessment
- $ 676,900
- Total
- $ 1,150,200
Taxes
- Municipal (2026)
- $ 7,412
- School (2025)
- $ 864
- Total
- $ 8,276
Gross annual revenues (potential)
- Residential
- $ 87,000
- Total
- $ 87,000
Inclusions and exclusions
Inclusions
Fixtures in all the aparmtments, electric garage door opener, Propane gas tank.
Exclusions
tenants belongings
Mortgage payment calculator
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