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Income properties for sale
70, Avenue de Balmoral, La Prairie
$4,288,000
$4,288,000
Income properties for sale
70, Avenue de Balmoral, La Prairie
Features
Use of property
Residential
Year built
1991
Lot area
27,019 sqft
Parking (total)
Driveway (24)
Fireplace/Stove
Wood fireplace
Number of units
Residential (16)
Residential units
16 x 4 ½
Potential gross revenue
$223,512
Description
Rare investment opportunity in La Prairie! Sixteen 4 ½ units, built to condominium-quality standards and impeccably maintained. Impressive annual gross income of $223,512, with potential for growth. Competitive annual expenses and a solid structure ensure simplified management. Located in a sought-after area near Montreal, offering strong rental appeal. Ideal for an investor seeking a stable and high-performing asset.
Centris No. 21078839
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Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $1,300,100 |
| Building | $1,353,900 |
| Total | $2,654,000 |
| Taxes | |
|---|---|
| Municipal (2025) | $27,185 |
| School (2025) | $2,215 |
| Total | $29,400 |
| Expenses | |
|---|---|
| Electricity | $1,052 |
| Insurance | $7,444 |
| Snow removal | $2,850 |
| Garbage | $6,790 |
| Lawn | $1,700 |
| Cheminey Maintenance | $800 |
| Total | $20,636 |
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