Triplex in Montréal (Villeray/Saint-Michel/Parc-Extension)
13
1,599,900 $
5|
1
Description
Exceptionally rare investment opportunity! Highly profitable plex generating nearly $130,000 in annual revenue with a GRM under 14, located in one of Montreal's most sought-after rental markets. Prime location just steps from De Castelnau metro, Jarry Park, Jean-Talon Market, and the vibrant charm of Little Italy. A highly desirable area for tenants, offering strong rental demand and excellent stability. Outstanding returns in a prime location. Seller financing available. A rare opportunity not to be missed!
Highlights
Year built
1946
Potential gross revenue
129,600 $
Basement
6 feet and over, Finished basement
Siding
Brick, Stone
Parking (total)
Outdoor
Zoning
Residential
Heating system
Electric baseboard units
Heating energy
Electricity
Water supply
Municipality
Driveway
Asphalt
Topography
Flat
Foundation
Poured concrete
Sewage system
Municipal sewer
Included
Furniture located in the bedrooms (excluding items belonging to the tenants), in the common areas: refrigerator, dishwasher (non-functional), washer and dryer included and sold as is without warranty of functionality, fire protection system, mini refrigerators in the bedrooms.
Excluded
Tenant belongings
Taxes
Municipal Taxes (2025)
7 359 $
School taxes (2025)
922 $
Total
8 281 $
Municipal evaluation(2025)
Land
415 400 $
Building
804 400 $
1 219 800 $
Seller financing available for investors.
Buyers should verify with the municipality the possibility of removing the rear shed to allow for the construction of additional residential units.
Recent work completed: Installation of new electronic thermostats, replacement of circuit breakers in electrical panels, several plumbing repairs in the bathrooms, replacement of the three water heaters (2025), replacement of the main concrete staircases (2023), refurbishment of the upper balcony, replacement of smoke detectors, installation of a new sump pump (2024).
I represent the seller's interests. The OACIQ recommends that all buyers be represented by a duly licensed real estate broker holding a valid permit issued by the OACIQ.
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