$635,000 +GST/QST
ULS: 19620845
Triplex for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)
3398 - 3402 Rue Jean-Talon E., Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)
Great investment opportunity! Located a few steps from the St-Michel metro station and François-Perrault park, this property offers commercial space of 1032 ft2 with 2 independent entrances (3398-3400), the basement can be used for storage of 440 ft2 (ceiling of 5'6''), a possibility of 2 commercial spaces on the ground floor, as well as a 5 1/2 residential unit with 3 bedrooms (8'2'' ceilings) on the 2nd floor. Ideal for investor or owner-occupier.
Property features
3
Bedrooms
1
Bathroom
Addendum
This property constitutes a remarkable investment opportunity thanks to its strategic geographical location and its versatile configuration. Here are some key elements that make this offer attractive:
*Privileged Location*
- Proximity to the St-Michel metro station, facilitates access to public transport, thus increasing the value and attractiveness of the property for potential tenants.
- Proximity to François-Perrault Park offers a pleasant green space, adding quality of life value for residents and merchants.
*Property Configuration*
- 1032 ft² commercial space ideal for a variety of businesses, this ground floor commercial space can attract diverse tenants, ensuring a stable rental income.
- Two independent entrances (3398-3400) allow flexibility in the rental or use of commercial spaces.
- Basement of 440 ft² with a 5'6'' ceiling can be used as storage space, increasing the functionality of the property.
- Possibility of two commercial spaces on the ground floor offers additional flexibility to attract different types of commercial tenants.
- 5 1/2 residential unit on the 2nd floor with 3 bedrooms (8'2'' ceiling) is ideal for a family or owner occupant, this unit adds a source of residential income.
*Advantages for Investors and Occupying Owners*
- Investors: Diversification of spaces (commercial and residential) reduces risks and maximizes income potential.
- Owner Occupants: The ability to live on site while managing commercial spaces provides convenience and more direct management of tenants.
**Conclusion**
This property, located in a sought-after area with nearby amenities, offers an ideal combination of commercial and residential space. It represents an excellent investment opportunity for those looking to diversify their property portfolio or for owners wishing to combine living and working in the same location.
Don't miss this chance to acquire a property with multiple advantages and high profitability potential!
*Privileged Location*
- Proximity to the St-Michel metro station, facilitates access to public transport, thus increasing the value and attractiveness of the property for potential tenants.
- Proximity to François-Perrault Park offers a pleasant green space, adding quality of life value for residents and merchants.
*Property Configuration*
- 1032 ft² commercial space ideal for a variety of businesses, this ground floor commercial space can attract diverse tenants, ensuring a stable rental income.
- Two independent entrances (3398-3400) allow flexibility in the rental or use of commercial spaces.
- Basement of 440 ft² with a 5'6'' ceiling can be used as storage space, increasing the functionality of the property.
- Possibility of two commercial spaces on the ground floor offers additional flexibility to attract different types of commercial tenants.
- 5 1/2 residential unit on the 2nd floor with 3 bedrooms (8'2'' ceiling) is ideal for a family or owner occupant, this unit adds a source of residential income.
*Advantages for Investors and Occupying Owners*
- Investors: Diversification of spaces (commercial and residential) reduces risks and maximizes income potential.
- Owner Occupants: The ability to live on site while managing commercial spaces provides convenience and more direct management of tenants.
**Conclusion**
This property, located in a sought-after area with nearby amenities, offers an ideal combination of commercial and residential space. It represents an excellent investment opportunity for those looking to diversify their property portfolio or for owners wishing to combine living and working in the same location.
Don't miss this chance to acquire a property with multiple advantages and high profitability potential!
Building details and property interior
Dimensions
42' 5" X 23' 10" irr.
Year constructed
1954
Siding
Brick
Basement
Low (less than 6 feet), Unfinished
Lot and exterior features
Lot size
28' 6" X 88' irr.
Lot area
220.90 m²
Topography
Flat
Proximity
CEGEP, Daycare centre, Hospital, Metro, Highway, Bicycle path, Elementary school, High school, Public transportation, Park
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 205,400
- Building assessment
- $ 409,600
- Total
- $ 615,000
Taxes
- Municipal (2024)
- $ 8,253
- School (2024)
- $ 452
- Total
- $ 8,705
Gross annual revenues (potential)
- Residential
- $ 12,000
- Commercial
- $ 30,600
- Total
- $ 42,600
Inclusions and exclusions
Exclusions
Personal belongingss of tenants.
Mortgage payment calculator
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