Triplex for sale - Montréal (Le Plateau-Mont-Royal)$1,599,000
$1,599,000
Listing broker: Marie Gonneville - Engel & Völkers ● # 20773067
5
1
7
5,724 pc
1,920 pc
1910
Description
Exceptional Triplex Ideally Located in One of the Most Sought-After Areas of the Plateau Mont-Royal.Possibility to take the main appartment for the owner buer. The building includes three units 7 1/2 + 2x 6 1/2, 2 of which are renovated, and a third offering excellent optimization potential. A rare opportunity to acquire a well-maintained property with established income and multiple growth levers. A rare investment with strong existing revenue and significant mid-term value-add potential. Just steps from Parc Baldwin, Papineau Avenue, bike paths, public transportation, cafés, fine grocers, restaurants, and schools in the neighborhood.
Details
- Heating system
- Electric baseboard units
- Available services
- Yard
- Water supply
- Municipality
- Heating energy
- Electricity
- Foundation
- Concrete block
- Proximity
- Park - green area
- Sewage system
- Municipal sewer
- Roofing
- Asphalt and gravel
- Zoning
- Residential
- Land surface area
- 1,920 pc
- Front of the property
- 80 p
- Depth of Field
- 24 p
- Construction year
- 1910
- Building surface area
- 1,908 pc
- Living space
- 5,724 pc
- Facade of the building
- 24 p
- Building Depth
- 56 p
- Number of floors
- 3
- Number of rooms
- 7
- Number of bedrooms
- 5
- Number of bathrooms
- 1
- Number of half-baths
- 0
- Total number of units
- 3
- Building Type
- Semi-detached
- Unit :
- 1
- Number of rooms
- 7
- Number of bedrooms
- 5
- Unit :
- 2
- Number of rooms
- 6
- Number of bedrooms
- 4
- Unit :
- 3
- Number of rooms
- 6
- Number of bedrooms
- 4
- Total number of units
- 3
- Number of bathrooms
- 1
- Number of bedrooms
- 5
- Inclusions
- All belongings in apartments 2211 and 2213 are included, whereas 2215 is a rented unfurnished apartment, so all furniture and household appliances belong to the tenants.
- Exclusions
- Tenants personal effect. All furniture and household appliances belong to the tenants.
Assessments
- Building assessment
- $669,200
- Evaluation of land
- $353,200
- Assessment year
- 2021
- Reference date (potential revenue)
- 2025/08/13
- Legal warranty
- Sale with exclusion(s) of legal warranty - See listing broker(s)
- Potential gross revenue (residential)
- $85,800
Expenses
- Maintenance / Repairment - General spend
- Amount:$500
- Frequency:Yearly
- Municipal Taxes - General spend
- Year:2025
- Amount:$6,645
- Frequency:Yearly
- School taxes - General spend
- Year:2025
- Amount:$840
- Frequency:Yearly
Addenda
Renovated Triplex in the Heart of the Plateau! Optimized Income and Strategic Growth Potential. Possibility to take one of the appartement by the buyer/owner.
Exceptional triplex ideally located in one of Plateau Mont-Royal's most desirable areas, just steps from Parc Baldwin, Papineau Avenue, bike paths, public transit, and the vibrant neighborhood's shops, cafés, restaurants, and schools. A rare opportunity offering strong existing revenue with substantial upside for future value.
Key Highlights
- Current income: $86,532 per year
- Projected income: $108,000 per year
Unit breakdown:
- 2211 -- $2,900/month | Renovated bathroom, updated finishes
- 2213 -- $3,100/month | Fully redone bathroom
- 2215 -- $1,211/month | Potential for $3,000/month with repossession and repositioning
Recent renovations include:
- Two bathrooms
- One kitchen
- Upgraded plumbing
- Relocated water heaters for improved space efficiency
- Appliances and furnishings included in select units
Investment Strategy
- Opportunity to repossess unit 2215 for personal or family use
- Potential to maximize returns through furnished or room-by-room rental
About the Property
The property features three large apartments, two of which are renovated, and one offering outstanding optimization potential. This is a rare opportunity to acquire a well-maintained asset with income in place and clear upside.
Upgraded and income-producing
High-demand location
Turnkey investment opportunity
Contact us for more details or to schedule a private showing.
Room dimensions and surface areas are provided for informational purposes only and must be verified and confirmed by the buyer and/or their agent prior to signing the deed of sale. No warranty is offered regarding the accuracy of these measurements.
The seller and their representative declare that they have never occupied the property. As such, they cannot provide any warranty regarding its condition, other than what is known and disclosed. The buyer is responsible for conducting their own due diligence.
A new certificate of location will be ready for September 2025
Exceptional triplex ideally located in one of Plateau Mont-Royal's most desirable areas, just steps from Parc Baldwin, Papineau Avenue, bike paths, public transit, and the vibrant neighborhood's shops, cafés, restaurants, and schools. A rare opportunity offering strong existing revenue with substantial upside for future value.
Key Highlights
- Current income: $86,532 per year
- Projected income: $108,000 per year
Unit breakdown:
- 2211 -- $2,900/month | Renovated bathroom, updated finishes
- 2213 -- $3,100/month | Fully redone bathroom
- 2215 -- $1,211/month | Potential for $3,000/month with repossession and repositioning
Recent renovations include:
- Two bathrooms
- One kitchen
- Upgraded plumbing
- Relocated water heaters for improved space efficiency
- Appliances and furnishings included in select units
Investment Strategy
- Opportunity to repossess unit 2215 for personal or family use
- Potential to maximize returns through furnished or room-by-room rental
About the Property
The property features three large apartments, two of which are renovated, and one offering outstanding optimization potential. This is a rare opportunity to acquire a well-maintained asset with income in place and clear upside.
Upgraded and income-producing
High-demand location
Turnkey investment opportunity
Contact us for more details or to schedule a private showing.
Room dimensions and surface areas are provided for informational purposes only and must be verified and confirmed by the buyer and/or their agent prior to signing the deed of sale. No warranty is offered regarding the accuracy of these measurements.
The seller and their representative declare that they have never occupied the property. As such, they cannot provide any warranty regarding its condition, other than what is known and disclosed. The buyer is responsible for conducting their own due diligence.
A new certificate of location will be ready for September 2025
Real estate broker and advisor
Marie Gonneville
Residential and Commercial Real Estate Broker (H4594)
Real estate agency (G7014)
ENGEL & VÖLKERS MONTRÉAL
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