Photo Main Photo of the property
$1,650,000
ULS: 25897633

Triplex for sale - Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce) (Notre-Dame-de-Grâce)

3581 - 3585 Boul. Décarie, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce) (Notre-Dame-de-Grâce)
This is an excellent opportunity to own a spacious revenue property within walking distance of key public transportation options, including Villa-Maria and Vendôme metro stations. The property is also conveniently close to numerous shops, amenities, and the new Glenn Hospital. This expansive, well-maintained triplex is situated in NDG, just a short walk from Villa-Maria metro. It has been meticulously renovated and upgraded over the years and offers significant revenue. 2 units are rented and 1 unit is available for owner occupant or future tenant. Potential gross revenue for 3 rented units can be $102000.
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

4 Bedrooms
1 Bathroom

NATALIA BELYAEV

Real Estate Broker

RE/MAX ACTION INC.

This is an excellent opportunity to own a spacious revenue property within walking distance of key public transportation options, including Villa-Maria and Vendôme metro stations. The property is also conveniently close to numerous shops, amenities, and the new Glenn Hospital.

This expansive, well-maintained triplex is situated in NDG, just a short walk from Villa-Maria metro. It has been meticulously renovated and upgraded over the years and offers significant revenue.;2 units are rented and 1 unit is available for owner occupant or future tenant.

Property Features:

Generous Living Spaces: Each unit boasts large room sizes, hardwood floors, and modernized kitchens and bathrooms.
Utilities: The triplex includes three electrical meters and three hot water tanks (two gas tanks from 2011 and one electric tank from 2015). There are three independent heating systems: two Viessmann gas furnaces installed in 2010 for the main and upper levels, and a heated flooring system in the basement.
Climate Control: Each unit has its own wall-mounted heat pump.
Garage: A single garage is available, currently reserved for the seller but with a rental value of $100/month.

Unit Details:
Unit 3585 (Main Floor): Features four bedrooms,a renovated kitchen,1 bathroom, and a rear terrace. It is currently rented by the room on a month-to-month basis, furnished, appliances, hot water heating, electricity internet included.
Unit 3583 (Top Floor): Offers four bedrooms, a renovated kitchen and bathroom, a front balcony, and a rear terrace. This unit is exceptionally spacious and bright. It is currently rented on a 12-month basis.
Unit 3581 (Basement): A beautifully renovated unit with two good-sized bedrooms, a modern kitchen, a full bathroom, and large windows providing ample natural light. The basement was fully excavated and remodeled in an open-concept style with 7 ½ ft ceilings, a large living area, and a separate entrance. It is available for future owner occupancy or rental. In conformity,2 entrance doors in the basement.

Additional Enhancements:
Washer and dryer installations on each floor.
Independent heating systems for each unit.
Acoustic insulation between units 3585 and 3583 (no insulation between 3585 and 3581).
Many window upgrades between 2010 and 2014.
Some Brick repointing on all four sides of the building completed between 2010 and 2012.
The basement was insulated front and rear by spray Styrofoam(previous owners)

This triplex is an exceptional investment opportunity, offering substantial potential brut rental income of $102000 .Don't miss out on this rare chance to own a premium revenue property in a prime location of NDG.

Please note: the property pictures of the main floor were taken before it was rented per room. The actual rooms have different furniture and some different furnishing on the top floor and the basement.
This sale is made without Legal Warranty to a quality to the Buyers own risks and perils.
Dimensions 62' X 35' irr.
Year constructed 1922
Siding Brick
Roofing Elastomeric membrane
Garage Attached, electrical garage door
Washer/Dryer (installation) In each unit
Basement 6 feet and more, 2 doors in the basement, Outdoor entrance, Finished basement
Lot area 272 m²
View View of the city
Parking (total) Garage (1)
Proximity Daycare centre, Golf, Hospital, Metro, Park, Bicycle path, Highway, Réseau Express Métropolitain (REM), High school, Snowmobile trail, Public transportation, University, Elementary school, CEGEP
Heating System Heated floor in the basement , Hot water
Heating Energy Electricity, Dual energy, Natural gas
Property or unit amenity Wall-mounted heat pump
Water Supply Municipality
Sewage System Municipality
Occupancy Single

Financial details

Municipal assessment (2024)

Lot assessment
$ 213,400
Building assessment
$ 1,026,100
Total
$ 1,239,500

Taxes

Municipal (2024)
$ 7,677
School (2024)
$ 1,008
Total
$ 8,685

Gross annual revenues (potential)

Residential
$ 101,160
Parking
$ 1,200
Total
$ 102,360

Inclusions

1 garage parking for unit 3581-owner occupant, All appliances for the 3 units: 3 washers, 3 dryers, 3 ovens, 3 refrigerators, 3 dishwashers (sold without legal warranty at the buyer's risk). 3 wall-mounted heat pumps.

Exclusions

Parking in the garage is not included in any of the Leases, it belongs to the owner-occupied unit. There is no parking on driveway, N/A.

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