Triplex convertible into 3 condominiums with 5 cadastres in the Ville-Marie district of Montreal, completely renovated in 1982 (plumbing, electricity, apartments...). Main Features : - Exceptional location, close to the Lucien l'Allier metro station and all amenities. - Located on a peaceful and quiet street. - Each apartments have a generous area of over 1204 square feet. - Partial repointing of the brick in 2021 - 6 architectural plans are available. - Revenues of $56,976 per year with the calculation of water and service taxes paid by tenants in 2023.
Sale without legal warranty of quality, at the buyer's risk and peril.
Triplex convertible into 3 condominiums with 5 cadastres in the Ville-Marie district of Montreal, completely renovated in 1982 (plumbing, electricity, apartments...).
Main Features : - Exceptional location, close to the Lucien l'Allier metro station and all amenities. - Located on a peaceful and quiet street. - Each apartments have a generous area of over 1204 square feet. - Partial repointing of the brick in 2021 - 6 architectural plans are available. - Revenues of $56,976 per year with the calculation of water and service taxes paid by tenants in 2023.
Detailed description : This unique property offers an exceptional opportunity for investors. Located in the popular Ville-Marie district of Montreal, this triplex offers the possibility of converting it into 3 separate condominiums, with 5 separate cadastres registered with the land and forest ministry in the form of a horizontal cadastre for the purpose of conversion.
The location of this property is truly remarkable. It is ideally located just a few steps from the Lucien l'Allier metro station, offering great accessibility and ease of movement for residents. In addition, all amenities, such as shops, restaurants, parks and schools, are easily accessible on foot.
The triplex is nestled in a peaceful street, offering a calm and pleasant environment. Residents will be able to enjoy a serene atmosphere while being at the heart of the city's bustle.
The apartments occupy a generous area of over 1204 square feet, providing ample space for comfortable living. Interiors are bright and spacious, with large windows that let in an abundance of natural light.
This triplex represents an excellent investment opportunity for those looking to maximize their return. The conversion into 3 separate condominiums offers the possibility of renting or selling each unit separately, thus increasing the income potential.
Tenants pay water and service tax about $1300/year.
Don't miss this unique opportunity to invest in a triplex convertible into 3 condominiums in the Ville-Marie district of Montreal. Contact us today to arrange a visit and discover the full potential of this exceptional property.
Building details and property interior
Dimensions
23' 9" X 82' 10" irr.
Year constructed
1900
Living area
3,773 ft²
Siding
Brick
Roofing
Asphalt and gravel
Lot and exterior features
Lot size
23' 9" X 92' 10"
Lot area
204.80 m²
Proximity
Highway, Metro, Park, Bicycle path, Public transportation
Room details
Unit 1 (Monthly residential revenue)
Bedroom
Level:
3rd level
Dimensions:
12'3" X 9'6"
Flooring:
Parquetry
Details:
Bedroom
Level:
3rd level
Dimensions:
14'0" X 10'5"
Flooring:
Parquetry
Details:
Living room
Level:
3rd level
Dimensions:
25'0" X 11'6"
Flooring:
Parquetry
Details:
Bathroom
Level:
3rd level
Dimensions:
10'9" X 10'9" irr.
Flooring:
Ceramic
Details:
Kitchen
Level:
3rd level
Dimensions:
10'8" X 8'6"
Flooring:
Flexible floor coverings
Details:
Dining room
Level:
3rd level
Dimensions:
13'5" X 11'6" irr.
Flooring:
Parquetry
Details:
Bedroom
Level:
3rd level
Dimensions:
12'7" X 10'9"
Flooring:
Parquetry
Details:
Storage
Level:
3rd level
Dimensions:
7'8" X 2'10"
Flooring:
Parquetry
Details:
Bathroom
Level:
3rd level
Dimensions:
7'3" X 5'4" irr.
Flooring:
Ceramic
Details:
Bedroom
Level:
3rd level
Dimensions:
11'11" X 10'5" irr.
Flooring:
Parquetry
Details:
Hall
Level:
2nd level
Dimensions:
5'1" X 3'11" irr.
Flooring:
Ceramic
Details:
Unit 2 (Monthly residential revenue)
Rooms not detailed
Unit 3 (Monthly residential revenue)
Rooms not detailed
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Rented Equipment (monthly)
Water heater (3, 15)
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
Lot assessment
$ 307,200
Building assessment
$ 654,800
Total
$ 962,000
Taxes
Municipal
(2024)
$ 5,725
School
(2024)
$ 715
Total
$ 6,440
Gross annual revenues (potential)
Residential
$ 55,620
Total
$ 55,620
Inclusions and exclusions
Inclusions
753: stove, washer and dryer
Exclusions
Tenants personal belongings. Hot water tank rented in all three units ($15/each per month, to be assumed by the buyer-one tenant pays one rental)