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, Longueuil (Le Vieux-Longueuil)

2373 Rue Gamache J4L1P4 Longueuil (Le Vieux-Longueuil) Montérégie East

# Centris :21915926

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FOR SALE

$2,289,000 CAD

Description

8 apartments fully renovated in 2020 -- No major long-term investment required! Building offering 8 two-bedroom units with modern finishes (quartz kitchens, ceramic backsplashes, renovated bathrooms, quality flooring). Annual income of $137 220. Each unit includes parking. Located in Old Longueuil, a sought-after area close to all amenities. An ideal turnkey opportunity for investors!

Overview

MLS #

21915926

Type

Revenue property

Rooms

4 Rooms

Room(s)

2 Rooms

Garage

No

Size

NA

Land

6 650 sq ft (617.80 m²)

Year Built

1972

Building Details and Property Interior

Building Type Detached
Year constructed 1972
Dimensions 10.67 x 13.65 meters
35 x 45 feet Irregular
Living area NA
Foundation
Poured concrete
Roofing
Other

Lot and Exterior Features

Lot area 6 650 sq ft (617.80 m²)
Lot dimensions 21.34 x 28.96 meters
70 x 95 feet
Topography
Flat
Driveway
Asphalt
Landscaping
Fenced
Land / Yard lined with hedges
Zoning
Residential

Characteristics

Water supply
Municipality
Heating energy
Electricity
Proximity
Highway
Cegep
Daycare centre
Golf
Hospital
Park - green area
Bicycle path
Elementary school
High school
Public transport
Sewage system
Municipal sewer

Addendum

Eight-unit apartment building located in the sought-after Vieux-Longueuil area, fully renovated in 2020, offering long-term peace of mind for any investor. No major investments are required for several years.

The building comprises eight 4 ½ units, all renovated with quality materials and a contemporary style highly appreciated by tenants. The kitchens are modern with cabinetry, quartz countertops, and ceramic backsplashes. The bathrooms have been completely renovated with bathtubs, glass showers, and modern fixtures. The flooring is commercial-grade laminate, with ceramic tile in key areas.

Major renovations include:

- Complete rewiring from 100 amp panels to lighting and wall-mounted convectors
- Complete plumbing overhaul (PEX/ABS, except for drain stacks and under-slab pipes, water heater, washer/dryer inlets, etc.)
- Exterior doors and windows
- Fiberglass balconies with aluminum railings
- Common area landings (ceramic tile)
- Complete alarm system
- Entrance
- Mailboxes
- Exterior shingles
- Interior doors and moldings

The roof (TPO membrane) dates from approximately 2010. An environmental assessment has been completed, and the report will be available shortly.

Each unit has an outdoor parking space.

The building generates annual revenue of $137 220, with excellent rental stability thanks to leases in effect until June 30, 2027:

Unit 1: $1,475/month (new lease, 1 additional parking space, $50/month, included)
Unit 2: $1,385/month
Unit 3: $1,330/month
Unit 4: $1,465/month
Unit 5: $1,450/month (new lease, 1 additional parking space, $50/month, included)
Unit 6: $1,445/month
Unit 7: $1,420/month (1 additional parking space, $50/month for 6 months, included)
Unit 8: $1,465 $/month (new lease)

Located near schools, daycares, public transportation, Bixi bikes available nearby, shops, and services, in a vibrant and sought-after neighborhood, this building represents a turnkey opportunity with stable profitability and strong long-term potential.

The Area:

- Sought-after and vibrant neighborhood
- Located in Old Longueuil, one of the city's most established and populated areas
- Stable, family-friendly residential area with strong rental demand

# Accessibility and Transportation

- Quick access to the Longueuil metro station / downtown Montreal
- Extensive network with several lines and stops nearby, including bus stop 678, a 3-minute walk away.

# Proximity to Services

- Elementary and secondary schools nearby (area well served by the Marie-Victorin school board)
- Shops, grocery stores (Maxi, Walmart), and pharmacies easily accessible. - Easy access to main arteries: Chambly Road and Jacques-Cartier Blvd E.

Sale with exclusion(s) of legal warranty – See listing broker(s)

Inclusions

8 water heaters

Exclusions

Tenants' personal belongings, tools belonging to the owner or the concierge.

Municipal assessment

  • Building assessment 2026

    $ 1,045,400

  • Lot assessment 2026

    $ 324,300

  • Total

    $ 1,369,700

Annual taxes and Expenses

  • Contrat d'entretien ascenseurs

    $ 5,178

  • Taxes municipales 2026

    $ 10,099

  • Taxes scolaires 2025

    $ 934

Location

2373 Rue Gamache J4L1P4 Longueuil (Le Vieux-Longueuil) Montérégie East

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FOR SALE

$2,289,000 CAD

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Listing agents

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Maxime Tardif

Residential and Commercial Real Estate Broker


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Hervé Houot

Residential and Commercial Real Estate Broker

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for sale, Longueuil (Le Vieux-Longueuil)

LOCATION

2373 Rue Gamache J4L1P4 Longueuil (Le Vieux-Longueuil) Montérégie East

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