685 16e Avenue

Montréal — Lachine, QC H8S 3N3

$1,599,000

Centris No. 24912218
  • 1bedrooms
  • 1bathrooms
  • OutdoorParking
  • 371 m²living area

Prime 6-Plex Investment Opportunity, across from major hospital. -- 685 16e Avenue, Lachine (Montréal), QC | $1,650,000 Nestled in the charming and highly sought-after borough of Lachine, just steps from the vibrant waterfront, parks, and the bustling Providence sector, this solid brick 6-unit building offers the perfect blend of stability, cash flow, and future upside.Rare unit mix ideal for families and professionals:1 × spacious 3½ 4 × generous 4½ 1 × expansive 5½ Turnkey revenue with growth potential:Three units completely renovated with modern finishes, new kitchens, bathrooms, flooring, and windows -- two of these are already leased at strong market rents. Three well-maintained original units occupied by long-term, reliable tenants (two 4½ and one 5½), providing immediate and stable income. Excellent tenant profile and low vacancy history. Separate entrances and plenty of natural light Highly desirable location: walking distance to the parks, schools, grocery stores, cafés, and public transit Separate hydro meters (tenants pay their own electricity) Significant value-add potential through progressive renovation of the remaining units Windows= horizontal slider windows. The exterior doors consist of metal insulated doors. Roof= flat roof covering of the building is of TPO membrane. Installed in 2019. Plumbing= Copper pipes Cast iron waste pipes. Electrical= breaker boxes copper wires. Heating systems= baseboards no Common electrical panel Whether you're an experienced investor looking to add a cash-flowing, low-maintenance asset to your portfolio or a buyer considering owner-occupation while collecting rent from the other five units, this property checks every box.A rare find in one of Montréal's most stable and appreciated rental markets. Priced at $1,650,000 Contact us today for financials, rent roll, and to schedule your private visit!

Municipal taxes$6,774
School taxes$838
  • Driveway: Asphalt
  • Heating system: Electric baseboard units
  • Water supply: Municipality
  • Heating energy: Electricity
  • Distinctive features: Environmental study phase 1, Environmental study phase 2
  • Proximity: Highway, Cegep, Daycare centre, Golf, Hospital, Park - green area, Bicycle path, Elementary school, Alpine skiing, High school, Cross-country skiing, Public transport, University
  • Parking: Outdoor
  • Sewage system: Municipal sewer
  • Zoning: Residential
  • Insurance: $5,873 / year
  • Municipal Taxes: $6,774 / year
  • School taxes: $838 / year

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