Triplex for sale - Montréal (Le Plateau-Mont-Royal)$2,250,000
$2,250,000
Listing broker: Félix Vallières - Engel & Völkers ● # 20711036
3
1
6
470.2 mc
1930
Description
REDEVELOPMENT OPPORTUNITY IN 7 PLEX - NO CURRENT LEASE Semi-commercial triplex with a steel frame, offering significant potential for residential conversion (favorable zoning). The 2,500 sq ft ground floor features 12-foot ceilings and a completely open-concept layout, while the 1,750 sq ft basement includes bathrooms and ample storage space. Upstairs, there are two charming 6 ½ apartments. The building is entirely vacant for the buyer. Prime location near the metro, public transportation, schools, parks, and amenities -- an ideal opportunity for an investor or developer.
Details
- Heating system
- Hot water
- Water supply
- Municipality
- Heating energy
- Electricity
- Natural gas
- Windows
- Wood
- PVC
- Proximity
- Highway
- Cegep
- Daycare centre
- Hospital
- Park - green area
- Bicycle path
- Elementary school
- Réseau Express Métropolitain (REM)
- High school
- Public transport
- University
- Siding
- Brick
- Basement
- 6 feet and over
- Finished basement
- Sewage system
- Municipal sewer
- Window type
- Hung
- Topography
- Flat
- Zoning
- Commercial
- Residential
- 470.2 mc
- rue Rachel
- 1930
- 13.77 m
- 15.56 m
- 6
- 3
- 1
- 0
- 3
- Detached
- :
- 1
- 6
- 3
- :
- 2
- 6
- 3
- :
- 3
- 3
- 1
- 3
- Gas stove at 3488. All Karate Club equipment and decorations.
Assessments
- $697,200
- $893,400
- 2026
- 2026/01/09
- Sale with exclusion(s) of legal warranty - See listing broker(s)
- $90,000
- $72,000
Expenses
- Municipal Taxes - General spend
- :2025
- :$17,040
- :Yearly
- School taxes - General spend
- :2025
- :$1,319
- :Yearly
Addenda
REDEVELOPMENT POTENTIAL -- VACANT BUILDING
This unusual semi-commercial triplex, built on a steel frame, offers a robust structure and excellent potential for a residential conversion project. The City of Montreal has demonstrated a favorable attitude towards this type of conversion, making it an attractive opportunity for an investor, developer, or owner-occupant with an entrepreneurial vision.
GROUND FLOOR AND BASEMENT
The ground floor totals approximately 2,500 sq. ft. with ceilings of approximately 12 feet. The open-concept space, free of partitions or exposed columns, allows for maximum layout flexibility.
The basement, with an approximate area of 1,750 sq. ft., also offers an open space including two separate bathrooms, a former gym area, and ample storage. Together, these two levels represent over 4,200 sq. ft., offering numerous possibilities for use.
SECOND FLOOR -- RESIDENTIAL SPACES
Upstairs, you'll find two 6 ½ apartments with a distinctly Montreal feel. Well-proportioned and bright, they offer significant potential for renovation, repositioning for rental purposes, or integration into a larger conversion project.
The entire building -- both commercial and residential spaces -- will be delivered vacant to the buyer, allowing for immediate occupancy or redevelopment.
PRIME LOCATION
The building benefits from a sought-after location:
* In close proximity to bus lines and BIXI stations
* Quick access to major highways
* Close to schools, parks, green spaces, local shops, cafes, restaurants, and essential services
The area is currently experiencing significant growth, increasing the appeal of this type of property for a large-scale real estate project.
A PROPERTY WITH MULTIPLE POSSIBILITIES
Thanks to its steel structure, the absence of leases, its generous volumes, its functional basement, and its two large apartments on the upper floor, this building represents a rare and adaptable asset. It is perfectly suited for:
* a residential conversion project,
* optimizing rental yield,
* a mixed-use concept combining workshop/studio and residential space,
* or a complete redevelopment according to the buyer's objectives.
A prime opportunity for those wishing to transform or enhance a building with strong potential in a rapidly changing neighborhood.
This unusual semi-commercial triplex, built on a steel frame, offers a robust structure and excellent potential for a residential conversion project. The City of Montreal has demonstrated a favorable attitude towards this type of conversion, making it an attractive opportunity for an investor, developer, or owner-occupant with an entrepreneurial vision.
GROUND FLOOR AND BASEMENT
The ground floor totals approximately 2,500 sq. ft. with ceilings of approximately 12 feet. The open-concept space, free of partitions or exposed columns, allows for maximum layout flexibility.
The basement, with an approximate area of 1,750 sq. ft., also offers an open space including two separate bathrooms, a former gym area, and ample storage. Together, these two levels represent over 4,200 sq. ft., offering numerous possibilities for use.
SECOND FLOOR -- RESIDENTIAL SPACES
Upstairs, you'll find two 6 ½ apartments with a distinctly Montreal feel. Well-proportioned and bright, they offer significant potential for renovation, repositioning for rental purposes, or integration into a larger conversion project.
The entire building -- both commercial and residential spaces -- will be delivered vacant to the buyer, allowing for immediate occupancy or redevelopment.
PRIME LOCATION
The building benefits from a sought-after location:
* In close proximity to bus lines and BIXI stations
* Quick access to major highways
* Close to schools, parks, green spaces, local shops, cafes, restaurants, and essential services
The area is currently experiencing significant growth, increasing the appeal of this type of property for a large-scale real estate project.
A PROPERTY WITH MULTIPLE POSSIBILITIES
Thanks to its steel structure, the absence of leases, its generous volumes, its functional basement, and its two large apartments on the upper floor, this building represents a rare and adaptable asset. It is perfectly suited for:
* a residential conversion project,
* optimizing rental yield,
* a mixed-use concept combining workshop/studio and residential space,
* or a complete redevelopment according to the buyer's objectives.
A prime opportunity for those wishing to transform or enhance a building with strong potential in a rapidly changing neighborhood.
Real Estate Broker and Advisor
Félix Vallières
Certified Residential and Commercial Real Estate Broker AEO (E1345)
Félix Vallières Inc.
Real Estate Agency:
ENGEL & VÖLKERS MONTRÉAL (G7014)
Real Estate Shop ⬩ SIEGE SOCIAL