120 Av De Lorraine - Apartments FOR SALE


Lachute, QC J8H 4E3
$2,995,000 CAD
514-354-6240
120 Av De Lorraine, Lachute, QC for Sale
$2,995,000 CAD
Apartments - FOR SALE
1/6
null | 5.74% Cap Rate

120 Av De Lorraine
Lachute, QC J8H 4E3


HIGHLIGHTS

  • 16-unit, three-storey apartment building offering 2 × 3½, 7 × 4½, and 7 × 5½ units to attract a broad tenant base.
  • Generates a potential gross annual revenue of $171,840, supporting stable long-term cash flow.
  • Units feature hardwood floors, private concrete balconies, outdoor storage, and 16 exterior parking spaces.
  • Detached 1978-built asset on a large 24,205 sq. ft. lot in Lachute, listed at $2,995,000?.

OVERVIEW

This detached three-storey, 16-unit apartment building was built in 1978 and sits on a 24,205 sq. ft. lot at 120 Av. de Lorraine in Lachute, Quebec?. Listed at $2,995,000, the property offers a strong unit mix of 2 × 3½, 7 × 4½, and 7 × 5½ apartments, with 16 exterior parking spaces. It 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 upside. Sale is with exclusion(s) of legal warranty.

FOR SALE DETAILS

PRICE

$2,995,000 CAD

PRICE/SF

$195 CAD /SF

# OF UNITS

16

PRICE/UNIT

$187,188

CAP RATE

5.74%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1978

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

-

APN/PARCEL ID

3037753

ASK ABOUT THIS PROPERTY

Joe MagriRE/MAX ExcellenceMore Info
514-354-6240

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Joe MagriRE/MAX ExcellenceMore Info
514-354-6240

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.