12 20 9e Avenue, Montréal (Lachine) H8S 2M4

Discover 12-20 9th Avenue, Lachine

The Building :

Located in one of Lachine's most sought-after neighbourhoods, this triplex presents an excellent opportunity for investors seeking immediate rental income, a stable tenant base, and strong long-term appreciation potential.

The property consists of three fully rented residential units, providing reliable rental income from the day of acquisition.

The spacious 6½ main-floor apartment is a standout feature of the property. Offering three bedrooms, a full bathroom, and a powder room, it boasts generous living space and excellent long-term rental growth potential upon future lease renewals, in accordance with applicable regulations.

The two additional units include a 4½ and a 3½, both occupied by long-term tenants, providing stability and consistent rental income.

The building has been well maintained over the years, offering a solid foundation for a sound long-term investment.

Rental Income :

The property consists of three fully rented residential units.
Unit 18
4½ apartment

Unit 12
3½ apartment
Tenant in place for over five years
Stove, refrigerator, washer, and dryer included in the lease

Unit 20
Spacious 6½ apartment
Three bedrooms
Full bathroom
Powder room
Currently rented
Excellent long-term rental income growth potential

Location :

Lachine remains one of Montréal's most desirable neighbourhoods, offering an outstanding balance of quality of life, accessibility, and proximity to major transportation routes.
Ideally located just minutes from Highway 20, Boulevard Saint-Joseph, and public transit, the property provides quick access to downtown Montréal and Montréal-Trudeau International Airport.
Residents also enjoy close proximity, elementary and secondary schools, daycares, grocery stores, restaurants, parks, and the extensive cycling network along the St. Lawrence River.

The neighbourhood is well known for its vibrant community, abundant green spaces, and excellent local services, all of which contribute to maintaining strong rental demand.

Improvements :

Several significant improvements have been completed over the years to enhance the building's integrity and long-term durability, including:

- Replacement of a structural beam with a steel beam.
- Structural reinforcement, including repairs and the installation of adjustable steel support columns.
- Foundation waterproofing work.
- Partial replacement of the French drain.
- Installation of new rear gutters equipped with heating cables.
- Expansion of the front balcony.

Additional maintenance and improvement work has also been carried out by the owners -
over the years, including:

- Plumbing improvements.
- Replacement of the water service line.
- Electrical service upgrade (2003).
- Refreshed kitchens in all three units.