Residential Building for Sale

For sale
1045-1047 rue de Lorimier Longueuil, QC J4K 3M9
$ 945000.00

Highlights

Located in a highly sought-after area of Vieux-Longueuil, this charming and well-maintained fiveplex represents an excellent investment opportunity.
Within walking distance to Saint-Charles Street, local shops, schools, parks, and public transportation, the location is ideal for attracting and retaining quality tenants.
This property is perfect for either investors or owner-occupiers. It offers excellent appreciation potential by combining a strategic location, stable tenancy, and strong rental income.

  • 5 residential units

  • Stable rental income

  • Regular maintenance and renovations over the years

  • Parking spaces available at the back

  • 1045A (minor renovations)

  • 1047 (minor renovations)

  • Quiet and sought-after neighborhood

  • Quick access to Longueuil Metro and Jacques Cartier Bridge

  • Vibrant area with cafés, restaurants, schools, parks, and more.
     

    Price: $945,000

    Potential Gross Income (March 25, 2025): $49,464
    Parking/Garages: $3,480
    Effective Gross Income: $52,944

    Expenses (2024):

  • Municipal Taxes: $4,917

  • School Taxes: $485

  • Energy (Electricity): $3,130

  • Total Expenses: $10,720

    Net Operating Income: $42,224

  • Insurance: $2,188

 

Location

Frederick Normand
Frederick Normand
514-442-8637

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