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Investment Highlights

  • The six residential units have been renovated.
  • Electricity and heating paid by the tenants.
  • Building with six fully renovated units.

Executive Summary

The property at 186-196 Ouellette Avenue represents an investment opportunity in the Lachine sector of Montreal. This six-unit building has undergone significant renovations, including the complete refurbishment of all residential units as well as upgrades to the roof, doors, windows, balconies, and exterior staircases. Electricity and heating costs are covered by the tenants, contributing to a simplified operational structure for the owner.
Located directly across from Kirkland Park, the property offers immediate access to various recreational facilities, including a swimming pool, splash pads, and sports fields. Residents also benefit from proximity to the Lachine Canal and Lake Saint-Louis, providing sought-after outdoor and leisure spaces. Schools are nearby, and the 90 bus route connects to Vendôme metro station.
The location offers quick access to Highways 20, 13, and Décarie, facilitating travel throughout the metropolitan area. Downtown Montreal, Montreal-Trudeau International Airport, Lachine Hospital, and the Glen site of the McGill University Health Centre are all easily accessible. Combining major renovations, established rental income, and a prime location, this property represents an attractive multifamily investment opportunity in a well-serviced residential neighborhood.

Property Facts

Price $2,199,000 CAD
Price Per Unit $366,500 CAD
Sale Type Investment
No. Units 6
Property Type Multifamily
Building Size 600 SF
No. Stories 3
Year Built 1919
Fairly walkable
50/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
  • Listing ID: 41862535

  • Date on Market: 2026-08-24

  • Last Updated:

  • Address: 196 Av. Ouellette, Lachine, QC H8R 1L6

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