196 Av. Ouellette - Multi-Family FOR SALE


Lachine, QC H8R 1L6
$2,199,000 CAD
450-510-5010

NO PHOTO

$2,199,000 CAD
Multi-Family - FOR SALE
null | Request Cap Rate

196 Av. Ouellette
Lachine, QC H8R 1L6


HIGHLIGHTS

  • The six residential units have been renovated.
  • Building with six fully renovated apartments.
  • Electricity and heating paid by the tenants.

OVERVIEW

The property at 186-196 Ouellette Avenue presents an investment opportunity in the Lachine sector of Montreal. This six-unit building has undergone significant renovations, including the complete refurbishment of all residential units as well as upgrades to the roof, doors, windows, balconies, and exterior staircases. Electricity and heating costs are covered by the tenants, contributing to a simplified operational structure for the owner. Located directly across from Kirkland Park, the property offers immediate access to various recreational facilities, including a swimming pool, water play areas, and sports fields. Residents also benefit from proximity to the Lachine Canal and Lake Saint-Louis, providing sought-after outdoor and leisure spaces. Schools are nearby, and the 90 bus route connects to the Vendôme metro station. The location offers quick access to Highways 20, 13, and Décarie, making travel across the metropolitan area convenient. Downtown Montreal, Montreal-Trudeau International Airport, Lachine Hospital, and the Glen site of the McGill University Health Centre are all easily accessible. Combining major renovations, established rental income, and a prime location, this property represents an attractive multifamily investment opportunity in a well-serviced residential neighborhood.

FOR SALE DETAILS

PRICE

$2,199,000 CAD

PRICE/SF

$3,665 CAD /SF

# OF UNITS

6

PRICE/UNIT

$366,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1919

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Pierre LarinPROFUSION IMMOBILIER R.B.More Info
450-510-5010

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

Pierre LarinPROFUSION IMMOBILIER R.B.More Info
450-510-5010

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