Lachute J8H1Y8
| MLS: 15948410
Strategic semi commercial investment opportunity in Lachute. This well located property features 12 rental spaces including 4 residential units, commercial spaces with strong visibility, and 4 storage units providing additional income. Gross income of $75,180 with a Net Operating Income of $43,353. Asking price $630,000, offering a 6.88% cap rate and a GRM of 8.38. Positioned between Montreal and the Outaouais via Highway 50, Lachute benefits from strong economic growth and sustained rental demand. Ideal for portfolio diversification.
Strategic Investment Opportunity in Lachute: High Potential Semi-Commercial Building Description
Seize this unique opportunity to acquire an exceptionally well located semi commercial building in Lachute. Comprising 12 diversified rental spaces, this property offers strong income stability and an excellent optimization opportunity for any serious investor.
Why Invest in Lachute
Investing in Lachute means choosing a growing economic hub strategically located between Montreal and the greater Outaouais region via Highway 50. The city is experiencing strong economic vitality, attracting new businesses and a steadily growing population. This momentum translates into sustained rental demand, both residential and commercial, ensuring excellent occupancy rates.
Building Composition 12 Units / Spaces
4 residential units Providing a stable income base due to strong housing demand in the area.
4 commercial units Business spaces benefiting from local economic activity and strong visibility.
4 storage units A major asset and additional income source increasingly sought after by tenants and businesses.
Financial Overview
Asking price: $630,000
Gross annual income: $75,180
Operating expenses: $31,827
Net Operating Income NOI: $43,353
Gross Revenue Multiplier GRM: 8.38
Capitalization Rate Cap Rate: 6.88%
Price per unit / door: $52,500 calculated based on 12 rental spaces
Exclusions : Tenants personal belongings.
| Basement | 6 feet and over, Partially finished |
|---|---|
| Roofing | Elastomer membrane |
| Heating system | Electric baseboard units |
| Heating energy | Electricity |
| Garage | Fitted, Heated, Tandem |
| Parking | Garage, Outdoor |
| Proximity | Highway |
| Available services | Laundry room |
| Sewage system | Municipal sewer |
| Water supply | Municipality |
| Zoning | Residential |
This property is presented in collaboration with RE/MAX CRYSTAL