577-579 Rue Principale

Lachute J8H1Y8

$750,000 +tx

| MLS: 23822015


Description

Strategic semi commercial investment opportunity in Lachute. This well located property features 11 rental spaces including 6 residential units, commercial spaces with strong visibility, and 3 storage units providing additional income. Gross income of $70,200 with a Net Operating Income of $41,786. Asking price $750,000, offering a 5.57% cap rate and a GRM of 10.68. 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 11 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 11 Units / Spaces

6 residential units Providing a stable income base due to strong housing demand in the area.

Commercial units Business spaces benefiting from local economic activity and strong visibility.

3 storage units A major asset and additional income source increasingly sought after by tenants and businesses.

Financial Overview

Asking price: $750,000

Gross annual income: $70,200

Operating expenses: $28,414

Net Operating Income NOI: $41,786

Gross Revenue Multiplier GRM: 10.68

Capitalization Rate Cap Rate: 5.57%

Price per unit / door: $68,181 calculated based on 11 rental spaces

Exclusions : Tenants personal belongings.

Location

Characteristics

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
Basement Partially finished
Zoning Residential