Photo Main Photo of the property
$980,000
New
ULS: 16879702

Triplex for sale
1516 - 1520 Rue Davidson, Montréal (Mercier/Hochelaga-Maisonneuve) (Hochelaga-Maisonneuve)

Spacious triplex in the heart of Hochelaga-Maisonneuve! This detached building features three large 4 ½ units with high ceilings, offering a bright and airy living space. The main floor is available for owner occupancy, making it a fantastic investment opportunity. Well-maintained with several upgrades, this property has excellent tenants and steady rental income. Ideally located just a 15-minute walk from Préfontaine Metro, it offers easy access to public transportation, shops, and services. Don't miss this chance to own a prime income property in a thriving neighborhood!

Property features

2 Bedrooms
1 Bathroom
Hochelaga-Maisonneuve: A Vibrant and Evolving Neighborhood

Hochelaga-Maisonneuve, or HoMa, is a thriving Montreal neighborhood known for its blend of historic charm and modern revitalization. With tree-lined streets, classic triplexes, and a strong community feel, it attracts families, professionals, and investors alike. Ontario Street, the area's commercial hub, offers cafés, boutiques, microbreweries, and diverse restaurants.

Residents benefit from excellent public transit, including Préfontaine and Joliette Metro stations, ensuring quick access to downtown. The neighborhood is highly walkable, with schools, grocery stores, and gyms nearby. With ongoing urban renewal, HoMa is a prime spot for real estate investment and a great place to live.
Dimensions 25' 1" X 29' 11"
Year constructed 1922
Siding Brick
Roofing Elastomeric membrane
Basement 6 feet and more
Lot area 117.03 m²
Proximity Highway, CEGEP, Metro, Park, Bicycle path, Elementary school, High school, Public transportation

Unit 1 (Monthly residential revenue)

Living room
Level: 1st level/Ground floor
Dimensions: 10'1" X 14'3"
Flooring: Wood
Details:
Primary bedroom
Level: 1st level/Ground floor
Dimensions: 9'5" X 14'3"
Flooring: Wood
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 11'6" X 8'4"
Flooring: Wood
Details:
Kitchen
Level: 1st level/Ground floor
Dimensions: 11'6" X 7'7"
Flooring: Ceramic
Details:
Dinette
Level: 1st level/Ground floor
Dimensions: 13'8" X 6'6" irr.
Flooring: Ceramic
Details:
Bathroom
Level: 1st level/Ground floor
Dimensions: 9'5" X 5'2"
Flooring: Ceramic
Details:
Family room
Level: 1st level/Ground floor
Dimensions: 17'8" X 13'0"
Flooring: Linoleum
Details:

Unit 2 (Monthly residential revenue)

Rooms not detailed

Unit 3 (Monthly residential revenue)

Rooms not detailed
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality
Occupancy Single

Financial details

Municipal assessment (2021)

Lot assessment
$ 175,000
Building assessment
$ 301,500
Total
$ 476,500

Taxes

Municipal (2024)
$ 3,143
School (2024)
$ 375
Total
$ 3,518

Gross annual revenues (potential)

Residential
$ 46,296
Total
$ 46,296

Inclusions

1516-washer and dryer included in lease

Exclusions

The tenants personal belongings

Desjardins

Mortgage payment calculator

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