Located in the heart of Lennoxville, close to schools, services, and public transportation, this fourplex offers excellent investment potential. The spacious and well-maintained units present multiple opportunities to increase revenues. The versatile zoning allows for various uses or potential expansion. Carefully maintained by the current owners, a rare opportunity in a sought-after neighborhood.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Fourplex offering great optimization potential and the possibility of adding additional units depending on your plans. Ideally located in a highly desirable area of Lennoxville, within walking distance to schools, shops, services, and public transport, this well-kept property will appeal to both investors and owner-occupants alike.
The units are generously sized, well-appointed, and individually accessible, providing full amenities and strong adaptability based on current zoning and potential future uses.
Several updates have been carried out over the years, making this a low-maintenance property. Stable and respectful tenants provide peace of mind and consistent income. The property also features ample storage, a large rear parking area, and a pleasant backyard for tenants to enjoy.
A rare opportunity to acquire a solid, versatile, and well-located property in a high-demand area with significant growth potential.
1. Unit 29 Church Spacious 5½ on the main floor with open-concept living, dining, and kitchen area, two bedrooms, full bathroom, and plenty of storage. Private balcony, separate entrance, laundry, and parking. - Current rent: $775/month (heat, electricity, and hot water not included) - Estimated potential: ± $1,500/month
2. Unit 29-A Church Charming upper 4½ featuring two bedrooms, bright living room, functional kitchen, private entrance, laundry, parking, and heat pump. - Current rent: $500/month (heat, electricity, and hot water not included) - Estimated potential: ± $1,000/month
3. Unit 42 Parkdale Main floor currently set up as a hair salon, offering a large, bright space with full bathroom, kitchenette, and basement storage. Private entrance, shared laundry with unit 42-A, parking, heat pump, and more. - Current rent: $1,050/month (all inclusive) - Estimated potential: ± $1,500/month
4. Unit 44 Parkdale Upper 4½ with two bedrooms, hardwood floors, private balcony, separate entrance, laundry, and parking. - Current rent: $660/month (heat, electricity, and hot water not included) - Estimated potential: ± $1,200/month
5. Unit 42-A Parkdale Basement loft-style apartment with open-concept living area and bedroom nook, private entrance, shared laundry with unit 42, parking, and various amenities. - Current rent: $660/month (all inclusive) - Estimated potential: ± $800/month
Total current annual revenue: $43,740
Located in the heart of Lennoxville, near shops, services, schools, cycling paths, and Centennial Park. Highly desirable area offering great potential for appreciation.
Buyer to verify compliance, zoning and permitted uses with local authorities. Zoning: H1880 (H-1, H-4, H-6, H-111, H-8 -- 4 to 8 units). According to the municipality, current assessment and taxes are based on three residential units and one commercial space.
Visits upon accepted offer only.
Building details and property interior
Dimensions
22' 2" X
Year constructed
1936
Living area
335.50 m²
Windows
PVC
Siding
Vinyl
Roofing
Asphalt shingles
Basement
Partially finished, Low (less than 6 feet), 6 feet and more, Outdoor entrance
Lot and exterior features
Lot size
54' 8" X 150' 9" irr.
Lot area
909.30 m²
Topography
Sloped, Flat
Distinctive Features
Street corner
Driveway
Unpaved
Parking (total)
Driveway (6)
Proximity
Golf, Park, Bicycle path, Elementary school, High school, Public transportation, University, CEGEP, Daycare centre, Highway
Room details
Unit 1 (Monthly residential revenue)
Living room
Level:
1st level/Ground floor
Dimensions:
16'9" X 14'9"
Flooring:
Wood
Details:
Dining room
Level:
1st level/Ground floor
Dimensions:
14'4" X 8'9"
Flooring:
Ceramic
Details:
Kitchen
Level:
1st level/Ground floor
Dimensions:
14'4" X 10'5"
Flooring:
Ceramic
Details:
Bedroom
Level:
1st level/Ground floor
Dimensions:
13'2" X 11'5"
Flooring:
Laminate floor
Details:
Bedroom
Level:
1st level/Ground floor
Dimensions:
12'10" X 3'
Flooring:
Laminate floor
Details:
Bathroom
Level:
1st level/Ground floor
Dimensions:
12'0" X 5'3"
Flooring:
Ceramic
Details:
Unit 2 (Monthly residential revenue)
Living room
Level:
2nd level
Dimensions:
16'8" X 8'8"
Flooring:
Laminate floor
Details:
Kitchen
Level:
2nd level
Dimensions:
12'7" X 9'8"
Flooring:
Laminate floor
Details:
Bedroom
Level:
2nd level
Dimensions:
16'5" X 9'7"
Flooring:
Laminate floor
Details:
Bedroom
Level:
2nd level
Dimensions:
10'3" X 8'3"
Flooring:
Laminate floor
Details:
Bathroom
Level:
2nd level
Dimensions:
7'0" X 5'0"
Flooring:
Linoleum
Details:
Unit 3 (Monthly residential revenue)
Living room
Level:
1st level/Ground floor
Dimensions:
18'2" X 17'5" irr.
Flooring:
Laminate floor
Details:
Living room
Level:
1st level/Ground floor
Dimensions:
8'3" X 23'9" irr.
Flooring:
Laminate floor
Details:
Kitchen
Level:
1st level/Ground floor
Dimensions:
10'4" X 6'1"
Flooring:
Laminate floor
Details:
Bathroom
Level:
1st level/Ground floor
Dimensions:
9'3" X 5'6"
Flooring:
Ceramic
Details:
Unit 4 (Monthly residential revenue)
Living room
Level:
Basement 1
Dimensions:
11'5" X 10'0"
Flooring:
Laminate floor
Details:
Kitchen
Level:
Basement 1
Dimensions:
11'6" X 9'4" irr.
Flooring:
Laminate floor
Details:
Bedroom
Level:
Basement 1
Dimensions:
7'9" X 9'3" irr.
Flooring:
Laminate floor
Details:
Bathroom
Level:
Basement 1
Dimensions:
6'0" X 5'4"
Flooring:
Ceramic
Details:
Unit 5 (Monthly residential revenue)
Living room
Level:
2nd level
Dimensions:
15'5" X 11'9"
Flooring:
Wood
Details:
Kitchen
Level:
2nd level
Dimensions:
15'5" X 12'9"
Flooring:
Wood
Details:
Bedroom
Level:
2nd level
Dimensions:
17'4" X 10'1"
Flooring:
Laminate floor
Details:
Bedroom
Level:
2nd level
Dimensions:
9'11" X 7'0"
Flooring:
Laminate floor
Details:
Bathroom
Level:
2nd level
Dimensions:
8'3" X 8'0"
Flooring:
Ceramic
Details:
Characteristics
Heating System
Forced air, Electric baseboard units
Heating Energy
Electricity, Dual energy, Heating oil
Property or unit amenity
Central vacuum cleaner system installation, Wall-mounted heat pump
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2023)
Lot assessment
$ 126,600
Building assessment
$ 417,800
Total
$ 544,400
Taxes
Municipal
(2025)
$ 6,672
School
(2025)
$ 288
Total
$ 6,960
Gross annual revenues (potential)
Residential
$ 43,740
Total
$ 43,740
Inclusions and exclusions
Inclusions
Light fixtures, washer, dryer, and refrigerator from 42 Parkdale, as well as the refrigerator and stove from 42-A Parkdale. All sold without warranty.
Exclusions
Personal belongings and furnishings of the tenants (including hairdressing equipment).