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1110 Rue de Lucerne
Deux-Montagnes, QC J7R1P4
$950,000
MLS#
16253921
Bathrooms:
1
Type:
Quadruplex
Livable Area:
0
Year Built:
1957
Bedrooms:
4
Lot Area:
6914 PC
Residential Units
6 1/2 x 3 1/2 x 3 1/2 x 4 1/2
Potential gross revenue:
$55,860
Description

Exceptional opportunity to acquire a rare multi-residential building in the sought-after Deux-Montagnes area. Rare 4-plex, located in a peaceful and sought-after neighborhood near the REM. Area experiencing strong growth with high rental demand and great appreciation potential. Detached brick building on a large lot, solidly built and well maintained. Spacious units, possibility to convert 3½ into 4½. Heating converted to electricity at tenants' expense. Excellent condition, safe and promising investment.

Inclusions

No inclusions

Municipal land valuation

$180,600

Municipal building valuation

$499,000

Information additionnelle

Exceptional opportunity to acquire a rare multi-residential building in the sought-after Deux-Montagnes area. A unique chance to invest in a multi-residential property in the heart of a neighborhood undergoing major transformation. Located in a peaceful and desirable area, this detached brick building sits on a large lot and enjoys an enviable proximity to the brand-new REM train, providing quick access to Montreal and several key economic hubs.

This sector is currently experiencing strong growth, attracting new residents, families, and professionals thanks to modern infrastructure, new businesses, and significant improvements in the surroundings. This dynamic environment is driving property values and rental rates upward, offering exceptional potential for appreciation.

The building, solidly constructed and meticulously maintained by its owner, is in excellent condition. The units are spacious, and the 3½ apartments can be converted into 4½ to maximize rental income. The heating system, previously gas and water, has been fully converted to electricity, now at the tenants' expense. The property has been very well maintained, ensuring peace of mind for many years to come.

With its strategic location, quality construction, and numerous optimization possibilities, this building represents a safe and promising investment for years ahead.

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Building
Type Quadruplex
Style Detached
Dimensions 48x32 P
Lot Size 6914 PC
Expenses
Municipal Taxes (2025) $ 6759 / year
School taxes (2024) $ 480 / year
Characteristics
Sewage system Municipal sewer
Water supply Municipality
Zoning Residential
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Informations

Ranim Gharbieh
Ranim Gharbieh

Residential and Commercial Real Estate Broker

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