House for Sale

  • 124 Av. St-Pierre H8R1P2


    $1,540,000 | #21185030

    5829sq.ft.
    2
    1

    COMMENTS

    Excellent Investment Opportunity -- Renovated 8-Plex (6-figure renovations over the last 5 years!). *Financing available through Desjardins as a residential property with 25% down! *Annual rental income of $90,000+ (over 40% below fair market value!) *This fully DETACHED 8-plex is a rare and solid investment opportunity. The well-maintained building is located on a quiet residential street, close to parks, daycares, and schools. Easy access to Highway 20 and adjacent to free public parking spaces with plenty of availability. *Visits available with proof of 25% down payment.

    *Prime Investment Opportunity -- Renovated 8-Plex with Strong Revenues and Growth Potential

    *Located on the peaceful, tree-lined avenue Saint-Pierre in highly sought-after Lachine, this fully detached and well-maintained 8-plex offers a rare and solid investment opportunity.

    *The property features eight spacious and renovated 2-bedroom units, each with a separate living room. All units are currently 100% occupied by long-standing, reliable tenants, generating annual rental income of $90,000+ which is currently over 40% below market value, leaving clear room for future rent increases.

    *Significant 6-figure renovations have been completed over the last 5 years, enhancing the overall quality and appeal of the building.

    *Located steps from parks, daycares, and schools, with easy access to Highway 20 and the scenic Lachine Canal, this investment combines location, stability, and upside potential. Plus, free public parking is conveniently available next door with ample space.

    *Financing available through Desjardins as a residential property with 25% down.

    *This is a turn-key opportunity with stable cash flow and long-term growth -- a perfect addition to any real estate portfolio.

    *NOTEWORTHY IMPROVEMENTS SINCE OWNERSHIP - APPROX $180K-$200K(detailed list to follow shortly)-work on the facade-tree removal-fixed major issue with drain in basement apartments-general plumbing and electrical upgrades-hot water tanks-general improvements on the building-general renos/improvements in almost all the units

    *The living space provided is from the municipal assessment website. Floor plans & measurements are calculated on a net basis*

    Inclusions

    8 hot water tanks, 3 exterior sheds

    Exclusions

    All of the current tenants' personal belongings/effects, appliances and AC units.

    Neighbourhood: Montréal (Lachine)

    Number of Rooms: 4

    Lot Area: 401.8

    Lot Size: 180.21

    Property Type:

    Building Type: Detached

    Building Size: 11.27 X 15.99

    Living Area: 5829 sq. ft.

    Heating system
    Electric baseboard units

    Water supply
    Municipality

    Heating energy
    Electricity

    Foundation
    Poured concrete

    Distinctive features
    Other
    Street corner

    Proximity
    Highway
    Daycare centre
    Hospital
    Park - green area
    Bicycle path
    Elementary school
    High school

    Siding
    Brick

    Sewage system
    Municipal sewer

    Landscaping
    Landscape

    Window type
    Sliding

    Roofing
    Asphalt and gravel

    Topography
    Flat

    Zoning
    Residential

    Room Dimensions Floor Type Details
    Hallway5.6x30.3 PWood
    Living room13.7x15.3 PWood
    Primary bedroom13.7x9.8 PWood
    Bedroom11.7x9.0 PWood
    Kitchen11.7x13.3 PLinoleum
    Bathroom5.5x7.8 PCeramic tiles
    Hallway5.2x30.6 PWood
    Living room13.5x15.1 PWood
    Primary bedroom13.5x9.11 PWood
    Bedroom12.2x8.9 PWood
    Kitchen12.2x13.7 PLinoleum
    Bathroom5.3x7.8 PCeramic tiles

    Municipal Assessment

    Year: 2025
    Building Assessment: $ 892,700
    Lot Assessment: $ 239,100
    Total: $ 1,131,800

    Annual Taxes & Expenses

    Energy Cost: $ 0
    Municipal Taxes: $ 7,589
    School Taxes: $ 932
    Total: $ 8,521

    Christina Miller


    Certified Real Estate Brokerchristina@christinamiller.ca514.934.2480