Exceptional income property, unique in the Lachine market. Superb 6-unit detached building offering condo-style units of exceptional size, with nearly 2,500 sq ft per floor. Spacious and bright apartments, all equipped with washer and dryer hookups, storage, and parking. Meticulously maintained over the years. Large lot offering significant potential for optimization and development. Located in a rapidly growing area of Lachine, close to parks, services, and major highways, just 10 minutes from downtown. A rare investment opportunity combining income, quality, and strong potential.
Sale with exclusion(s) of legal warranty - See listing broker(s)
An exceptional and truly unique income property in the Lachine market. This superb 6-unit detached building immediately stands out for its generous size and the remarkable quality of its condo-style units, offering an extremely rare and hard-to-find product in the area.
Built and then completely redesigned and renovated in 2004-2005, the building offers six spacious, bright, and meticulously appointed 2-bedroom apartments with floor areas that far exceed market standards. Each floor offers nearly 2,500 sq ft, creating impressive, open living spaces that are highly sought after by discerning tenants.
All units are equipped with their own washer and dryer hookups, interior storage space, and parking. In addition, all above-ground units feature wall-mounted air conditioners, ensuring optimal comfort for residents. Electricity is charged to the tenants (individual Hydro meters), simplifying management and maximizing profitability.
The building has been meticulously and consistently maintained, with several major renovations completed over the years, including the roof (2011), French drains (2017), and fire escapes (2024). Complete documentation is available, demonstrating the quality of the management and the overall upkeep of the property.
Located on a large lot, the building also offers parking for up to eight vehicles, as well as significant potential for future optimization and development.
Two units will be available to the buyer as of July 1st, providing an immediate opportunity to maximize rental income. The potential rental income is nearly $100,000 per year, with further significant potential for improvement depending on location and management.
Located in a rapidly developing area of Lachine, close to parks, including René-Lévesque Park and the waterfront, bike paths, schools, shops, and all services, the building also benefits from quick access to Highway 20, allowing you to reach downtown Montreal in 10 to 15 minutes and the airport in less than 10 minutes.
This is a rare investment opportunity, combining exceptional square footage, proven construction quality, exemplary maintenance, and strong appreciation potential. A distinctive property, difficult to replicate in today's market.
Building details and property interior
Dimensions
40' 3" X 69' 9" irr.
Year constructed
1955
Siding
Brick
Roofing
Asphalt and gravel
Lot and exterior features
Lot size
84' X 75'
Lot area
585.30 m²
Driveway
Asphalt
Parking (total)
Driveway (8)
Proximity
Daycare centre, Park, Bicycle path, Elementary school, High school, Public transportation, Highway