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$799,000
New
ULS: 17616906

Quadruplex for sale
505 - 509 Ch. de Knowlton, Lac-Brome

Exceptional quadruplex just steps from the charming village of Lac-Brome and its shops! Featuring three 4½ units and one 5½, all with private entrances. Two units are currently rented and two are vacant, offering excellent potential to optimize rental income and great flexibility for the buyer. Unit 505 is rented for $850/month until June 2026, while 507-1 is rented for $1,275/month until December 2026. Units 509 and 507-2 are vacant, with estimated rental values of $1,600 and $1,300/month respectively. Abundant natural light, 2 parking spaces per unit (4 for 509), large terraces, brick construction, and a roof redone in 2020. Flexible zoning
Sale with exclusion(s) of legal warranty - See listing broker(s)

Property features

2 Bedrooms
1 Bathroom
A prime location in the heart of Lac-Brome!

Discover this charming brick quadruplex located just steps from the village, shops, and services. This property offers an interesting combination of income, potential, and flexibility, whether for an investor or an owner-occupant. The building consists of three 4½ units and one 5½, each with its own private entrance.

509 - Spacious garden-level 5½ featuring 2 bedrooms and an office. The unit is currently vacant, with an estimated rental value of approximately $1,600/month. It also benefits from a heat pump, 4 parking spaces, and a pleasant backyard.

507-2 - Spacious vacant 4½ offering great flexibility for personal occupancy or rental purposes. Its estimated rental value is approximately $1,300/month. Subject to all necessary verifications, the existing configuration may allow for the addition of another floor to increase the living area. The buyer must conduct their own due diligence with the relevant authorities and obtain all required permits and approvals before undertaking such a project.

507-1 - Bright 4½ currently rented for $1,275/month until December 2026.

505 - Warm and inviting 4½ currently rented for $850/month until June 2026.

Each unit has 2 parking spaces, while 509 has 4. Units 507-1 and 507-2 also feature private terraces adjoining the primary bedroom, accessible through patio doors.

The building features concrete and brick construction, as well as a roof redone in 2020.

The flexible zoning opens the door to various potential projects. Buyers are invited to verify permitted uses and the feasibility of any proposed project with the municipality. The zoning grid is available from the listing broker.

A property offering excellent potential in a sought-after area of Lac-Brome, within immediate proximity to everything the village has to offer.
Dimensions 28' 1" X 56' 1"
Year constructed 1960
Siding Other, Brick
Roofing Asphalt shingles
Basement 6 feet and more, Finished basement
Lot size 99' X 150'
Lot area 14,847.73 ft²
Driveway Double width or more, Asphalt
Parking (total) Driveway (8)
Proximity Elementary school, Park, Daycare centre, Bicycle path
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2026)

Lot assessment
$ 110,200
Building assessment
$ 319,100
Total
$ 429,300

Taxes

Municipal (2026)
$ 5,306
School (2026)
$ 280
Total
$ 5,586

Annual expenses

Insurance
$ 3,261
Total
$ 3,261

Gross annual revenues (potential)

Residential
$ 59,880
Total
$ 59,880

Inclusions

505: stove, microwave, refrigerator, washer and dryer 507-2: stove, microwave, refrigerator, dishwasher, washer and dryer 507-1: stove, dishwasher, washer and dryer 509: stove, dishwasher, washer and dryer

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