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$1,249,000
New
ULS: 15429561

Triplex for sale - Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)

7768 - 7772 16e Avenue, Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)
Triplex with 3 large 5 1/2 units which each have 2 bathrooms, 6 heat pumps to lower the Hydro bill of tenants. Gross income of $72,600 per year. Strategic location with all services within walking distance. Leases end on June 30, 2025. See addenda

Property features

3 Bedrooms
2 Bathrooms

JULIE ROY

Certified Real Estate Broker, AEO

RE/MAX 3000 INC.

1963 triplex completely bricked with 3 large 5 1/2. Each dwelling has 3 bedrooms, 2 bathrooms and heat pumps in each unite for the comfort of the occupants. Heating, electricity, lighting at the expense of the tenants.

Many renovations since 2023 (more than $225K)
2024: roof - elastomeric membrane in May 2024
2024: exterior painting
2024: complete renovation of 7770
2024: partial renovation of 7768 (bathroom, shower room and kitchen)
2023: complete renovation of 7772
2023: replacement of the 2 rear balconies
2023: Remove and rebuild side and rear brick walls with new sills
2023: 2 new electrical panels, new connections for the 2 kitchens
Visit of the dwellings with accepted promise to purchase and proof of financing. This triplex has been authorized to modify the commercial daycare facilities into a residential apartment. There remains the revegetation of the land to be completed after the winter. Do not hesitate to contact me 514-794-7058
Dimensions 28' 7" X 42' 2" irr.
Year constructed 1963
Windows PVC, Aluminum
Window Type Sliding, French door
Siding Brick, Stone
Roofing Elastomeric membrane
Washer/Dryer (installation) in the kitchens (AU)
Bathroom Separate shower, showers + baths
Basement 6 feet and more, Finished basement
Lot size 28' 2" X 78'
Lot area 204 m²
Driveway Asphalt
Parking (total) Driveway (1)
Proximity CEGEP, Daycare centre, Golf, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, University, Highway
Heating System 6 thermopump, Electric baseboard units, Forced air
Heating Energy Electricity
Property or unit amenity Wall-mounted heat pump
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2021)

Lot assessment
$ 161,200
Building assessment
$ 604,300
Total
$ 765,500

Taxes

Municipal (2024)
$ 12,988
School (2024)
$ 612
Total
$ 13,600

Gross annual revenues (potential)

Residential
$ 72,600
Total
$ 72,600

Inclusions

6 Thermopumps, built-in air conditioning, 3 water heaters, installation of washer/dryer in each unit

Exclusions

Personal belongings of tenants

Desjardins

Mortgage payment calculator

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