for sale
685 16e Avenue
Lachine (Montréal), H8S3N3
MLS # 24912218
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!
Appliances in renovated units, hot water tanks, light fixtures.
84
- 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
contact agent
Residential & Commercial Real Estate Broker
Mark Reiner
Residential & Commercial Real Estate Broker
Maximilian Cronin
