Income properties for sale
120, Avenue de Lorraine, Lachute
$2,995,000
Features
Use of property
Residential
Year built
1978
Lot area
24,205 sqft
Parking (total)
Driveway (16)
Number of units
Residential (16)
Residential units
2 x 3 ½, 7 x 4 ½, 7 x 5 ½
Potential gross revenue
$171,840
Description
Excellent 16-unit investment property located at 120 Av. de Lorraine in Lachute. This detached 3-storey residential building offers a strong unit mix of 2 x 3 ½, 7 x 4 ½, and 7 x 5 ½ apartments, with 16 exterior parking spaces. The property generates a potential gross annual revenue of $171 840 and features renovated units with hardwood floors, private concrete balconies, parking, and outdoor storage. A solid income property with stable revenue and long-term rental potential.
Centris No. 24149917
Financial details
| Municipal assessment (2026) | |
|---|---|
| Lot | $232,400 |
| Building | $1,529,600 |
| Total | $1,762,000 |
| Taxes | |
|---|---|
| Municipal (2026) | $22,779 |
| School (2026) | $1,245 |
| Total | $24,024 |
| Expenses | |
|---|---|
| Insurance | $7,367 |
| Snow removal | $1,581 |
| Lawn | $575 |
| Total | $9,523 |
See all financial details