$630,000 +GST/QST
ULS: 15948410
8-15-Plex
for sale
577 - 579 Rue Principale, Lachute
Strategic semi commercial investment opportunity in Lachute. This well located property features 12 rental spaces including 4 residential units, commercial spaces with strong visibility, and 4 storage units providing additional income. Gross income of $75,180 with a Net Operating Income of $43,353. Asking price $630,000, offering a 6.88% cap rate and a GRM of 8.38. Positioned between Montreal and the Outaouais via Highway 50, Lachute benefits from strong economic growth and sustained rental demand. Ideal for portfolio diversification.
SIMON LEMAY
Certified real estate broker
Addendum
Strategic Investment Opportunity in Lachute: High Potential Semi-Commercial Building
Description
Seize this unique opportunity to acquire an exceptionally well located semi commercial building in Lachute. Comprising 12 diversified rental spaces, this property offers strong income stability and an excellent optimization opportunity for any serious investor.
Why Invest in Lachute
Investing in Lachute means choosing a growing economic hub strategically located between Montreal and the greater Outaouais region via Highway 50. The city is experiencing strong economic vitality, attracting new businesses and a steadily growing population. This momentum translates into sustained rental demand, both residential and commercial, ensuring excellent occupancy rates.
Building Composition 12 Units / Spaces
4 residential units
Providing a stable income base due to strong housing demand in the area.
4 commercial units
Business spaces benefiting from local economic activity and strong visibility.
4 storage units
A major asset and additional income source increasingly sought after by tenants and businesses.
Financial Overview
Asking price: $630,000
Gross annual income: $75,180
Operating expenses: $31,827
Net Operating Income NOI: $43,353
Gross Revenue Multiplier GRM: 8.38
Capitalization Rate Cap Rate: 6.88%
Price per unit / door: $52,500 calculated based on 12 rental spaces
Description
Seize this unique opportunity to acquire an exceptionally well located semi commercial building in Lachute. Comprising 12 diversified rental spaces, this property offers strong income stability and an excellent optimization opportunity for any serious investor.
Why Invest in Lachute
Investing in Lachute means choosing a growing economic hub strategically located between Montreal and the greater Outaouais region via Highway 50. The city is experiencing strong economic vitality, attracting new businesses and a steadily growing population. This momentum translates into sustained rental demand, both residential and commercial, ensuring excellent occupancy rates.
Building Composition 12 Units / Spaces
4 residential units
Providing a stable income base due to strong housing demand in the area.
4 commercial units
Business spaces benefiting from local economic activity and strong visibility.
4 storage units
A major asset and additional income source increasingly sought after by tenants and businesses.
Financial Overview
Asking price: $630,000
Gross annual income: $75,180
Operating expenses: $31,827
Net Operating Income NOI: $43,353
Gross Revenue Multiplier GRM: 8.38
Capitalization Rate Cap Rate: 6.88%
Price per unit / door: $52,500 calculated based on 12 rental spaces
Building details and property interior
Year constructed
1945
Roofing
Elastomeric membrane
Garage
Built-in, Tandem, Heated
Basement
6 feet and more, Partially finished
Renovations
Roof covering (2015, 38517)
Lot and exterior features
Lot size
132' 9" X 127' 6"
Lot area
382.40 m²
Parking (total)
Driveway (4), Garage (2)
Proximity
Highway
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 68,800
- Building assessment
- $ 340,800
- Total
- $ 409,600
Taxes
- Municipal (2026)
- $ 6,858
- School (2025)
- $ 324
- Total
- $ 7,182
Annual expenses
- Management/Administration
- $ 4,200
- Insurance
- $ 6,946
- Total
- $ 11,146
Energy expenses
- Electricity
- $ 6,788
- Total
- $ 6,788
Gross annual revenues (potential)
- Residential
- $ 30,660
- Commercial
- $ 44,520
- Total
- $ 75,180
Inclusions and exclusions
Exclusions
Tenants personal belongings.
Mortgage payment calculator
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This document is not an offer or a promise that may bind the seller, but is an invitation to submit such offers or promises.