Duplex
Seize this rare opportunity in the heart of Lachine ! This immaculate duplex, consisting of two 4 ½, perfectly combines the comfort of neighborhood living and the returns of a secure investment. Ideal for an owner occupant or an investor. Why this property stands out : The ground floor (455) : Fully modernized and updated, it welcomes you into a superb, bright, and inviting open concept living space. Outside, the private backyard offers a beautiful grassy area, two outdoor storage units, and direct access to the parking spaces. Lots of storage; appliances included; one closed bedroom with an office space. The upper unit (457) is a 4 ½ that features 2 closed bedrooms and two private balconies (one in the front and one in the back). The apartment is well maintained and was entirely repainted in 2022. The rental includes : washer-dryer, one parking space, and an outdoor storage shed. Annual income of $32,460 : The building is occupied by excellent, stable tenants with leases signed until June 30, 2027, ensuring a seamless transition. This situation offers great flexibility : an investor will benefit from secured long-term income, while a future owner occupant will have the option to repossess a unit to live in at the end of the leases Zero hassle : The building is in excellent overall condition. Thanks to numerous improvements made over the years, no major work is expected for several years. A strategic and sought-after location Located on 18th avenue, you will enjoy the unique charm of Lachine. You will be in close proximity to local parks, schools, public transit, and all essential shops and services. Bike paths and the beautiful shores of the Lachine Canal and the river are just minutes away, offering an exceptional quality of life. Don't delay, come visit this exceptional turnkey property !
$599,000
Negotiable
Category : Real Estate (Buy/Sell) - Income Properties
State : Used
Type : Owner Offer
No # : 226593608
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Description
Seize this rare opportunity in the heart of Lachine ! This immaculate duplex, consisting of two 4 ½, perfectly combines the comfort of neighborhood living and the returns of a secure investment. Ideal for an owner occupant or an investor.
Why this property stands out :
The ground floor (455) : Fully modernized and updated, it welcomes you into a superb, bright, and inviting open concept living space. Outside, the private backyard offers a beautiful grassy area, two outdoor storage units, and direct access to the parking spaces. Lots of storage; appliances included; one closed bedroom with an office space.
The upper unit (457) is a 4 ½ that features 2 closed bedrooms and two private balconies (one in the front and one in the back). The apartment is well maintained and was entirely repainted in 2022. The rental includes : washer-dryer, one parking space, and an outdoor storage shed.
Annual income of $32,460 : The building is occupied by excellent, stable tenants with leases signed until June 30, 2027, ensuring a seamless transition. This situation offers great flexibility : an investor will benefit from secured long-term income, while a future owner occupant will have the option to repossess a unit to live in at the end of the leases
Zero hassle : The building is in excellent overall condition. Thanks to numerous improvements made over the years, no major work is expected for several years.
A strategic and sought-after location
Located on 18th avenue, you will enjoy the unique charm of Lachine. You will be in close proximity to local parks, schools, public transit, and all essential shops and services. Bike paths and the beautiful shores of the Lachine Canal and the river are just minutes away, offering an exceptional quality of life.
Don't delay, come visit this exceptional turnkey property !
Features
Address 455 18e Avenue, Montréal, QC, Canada
Year 1914
Property Type Duplex
Building Type Quadrex
Land Size 20 x 104 Feet
Building Dimensions 20 x 48 Feet
Occupancy Date 2027-07-01
Number of Bedrooms 2 Rooms
Inclusion Appliances
Building Evaluation $315,400
Land Evaluation $159,400
Total Evaluation $474,800
Annual Income $32,460
Building Width 20 Feet
Land Width 20 Feet
Building Depth 48 Feet
Land Depth 104 Feet
Financial Information
Expense
Insurances $1,100
Fuel/Heating $750
Electricity $930
Income
Housing Rental $32,460
Tax
Municipal Taxes $2,694
School Taxes $355
