Photo Main Photo of the property
$384,900
ULS: 18822546

Triplex for sale - Chambly

1350 - 1354 Av. Bourgogne, Chambly
Triplex extremely well located, in the heart of Chambly on avenue Bourgogne / corner rue Saint-Pierre. Residential & commercial zoning. Not classified as heritage. Currently 2 x 3 ½ on the 2nd floor & 1 business for 20 years on the ground floor. 7 parking spaces at the rear. Excellent potential. The rear facade needs to be completed and 1 of the apartments requires complete renovation. Possibility of taking over the retail space on the ground floor. Superb investment opportunity in the heart of Chambly! Contact us now!
Sale without legal warranty of quality, at the buyer's risk and peril.
Living area 183.82 m²

Property features

1 Bedroom
1 Bathroom

PASCAL SAUMURE

Real Estate Broker

RE/MAX SIGNATURE INC.

NEW - The front balcony has been repaired. Invoice available. The cracks in the concrete blocks have been filled. Invoice available.

Superb investment opportunity in the heart of Chambly!

This triplex, ideally located on avenue Bourgogne, at the corner of rue Saint-Pierre, offers remarkable potential for informed investors or passionate DIY enthusiasts. Its strategic location in the heart of Chambly, with residential and commercial zoning, makes it a coveted property.

Currently, the triplex consists of 2 3 ½ room apartments on the 2nd floor (1 bedroom each) and a business well established for 20 years on the ground floor. (Possibility of taking over the commercial space with a 6 months notice) In addition, the rear of the property offers 7 parking spaces, a valuable asset in this lively area.

The property has excellent potential. The rear facade needs to be completed (some of the materials to complete the work are available) and one of the apartments (1352) requires complete renovation.

According to the seller, here are the RENOVATIONS CARRIED OUT:

- Elastomeric membrane roof,
- The 3 electrical panels have been replaced: 2 x 100 amps & 1 x 200 amps,
- Front & side exterior cladding
- Renovation of 1350 - residential housing
- Renovation of 1354 - Commerce on the ground floor
- Doors & windows

- Possibility of taking over the retail space on the ground floor. Great opportunity for a property with an exceptional location in Chambly.

Take advantage of this chance to turn this triplex into a lucrative investment. Contact us now to get more information and discover all the potential this property has to offer!

NOTE: Visits with promise to purchase accepted exclusively. You can see the exterior first on site.

There will potentially be a portion of GST/QST to pay for the commercial part (50% of the building), unless the intended use is 100% residential. To check with your accountant / tax specialist / notary.

This sale is made without legal guarantee of quality from the seller, the buyer not waiving the legal guarantees given by previous owners and received by the seller upon acquisition of the building, which are assigned to the buyer by the present.
Dimensions 28' 7" X 34' 7" irr.
Year constructed 1956
Living area 183.82 m²
Windows PVC
Window Type Sliding, Guillotine
Siding Steel, Fiber cement
Roofing Elastomeric membrane
Washer/Dryer (installation) For the 1352 & 1354 (SS)
Kitchen Cabinets Wood
Basement Partially finished, Outdoor entrance, 6 feet and more
Lot size 45' 10" X 132' 3" irr.
Lot area 474.30 m²
Topography Flat
Driveway Double width or more, Asphalt
Parking (total) Driveway (7)
Proximity Golf, Park, Bicycle path, Elementary school, Alpine skiing, High school, Public transportation, Daycare centre, Highway
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 155,000
Building assessment
$ 254,100
Total
$ 409,100

Taxes

Business (2024)
$ 2,093
Municipal (2024)
$ 3,226
School (2024)
$ 314
Total
$ 5,633

Annual expenses

Snow removal
$ 1,305
Total
$ 1,305

Gross annual revenues (potential)

Residential
$ 18,420
Commercial
$ 18,000
Total
$ 36,420

Inclusions

Water heater(s)

Exclusions

Personal effects of tenants & business.

Desjardins

Mortgage payment calculator

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