$1,095,000
ULS: 17994201
Triplex for sale - Saint-Lambert
535 - 537 Rue Le Royer, Saint-Lambert
Seize the opportunity to invest in Saint-Lambert with this spacious triplex! Perfectly situated in a desirable neighborhood, this property offers an excellent chance to enter the market with income to help with the mortgage. Built in 1966 and renovated over the years, it features a built-in underground garage and a beautiful yard. Located near top schools and transit, it boasts a fantastic outdoor space and a highly walkable location. Don't miss this prime investment opportunity! Potential revenue $50,000+ per year !
Sale without legal warranty of quality, at the buyer's risk and peril.
Property features
3
Bedrooms
1
Bathroom
Addendum
Potential revenue $50,000+ per year ! Discover an incredible investment opportunity in St-Lambert with this spacious and well-maintained triplex. Perfectly situated in a highly desirable neighbourhood, this property is ideal for those looking to enter the market with the added benefit of income to assist with the mortgage.
*** Property Overview:
Built in 1966, this triplex has been thoughtfully renovated over the years to enhance both functionality and aesthetic appeal. It features a built-in underground garage, ensuring convenience and security for residents. The property also boasts a beautiful yard, providing a serene outdoor space for relaxation and enjoyment.
*** Unit Details:
** Second floor Apt: The 3-bedroom owner-occupied unit is available to be rented out by the present owners, ensuring convenience for the new Buyers. With its spacious layout and modern updates, this unit provides a comfortable and inviting living space.
** Main Floor Apt: The main floor houses another 3-bedroom unit, ideal for families or professionals seeking ample living space. This unit is designed to offer a blend of comfort and functionality, making it highly appealing to potential tenants. Presently leased until June 30, 2025.
** Basement Apt: The basement features a cozy one-bedroom bachelor apartment, perfect for singles or couples. This unit adds versatility to the property, catering to a wider range of renters and ensuring steady income. Renovations will bring up the revenue potential for this unit!
*** Prime Location:
The 3x is located in a prime area of Saint-Lambert, known for its charm, convenience, and vibrant community. Residents will appreciate the close proximity to top-rated schools, making it an ideal choice for families. The property is also near excellent transit options, facilitating easy commutes and connectivity to surrounding areas.
Living in St-Lambert means having access to a variety of amenities and attractions. The neighbourhood is highly walkable, allowing residents to enjoy the local parks, shops, cafes, and restaurants without the need for a car. The vibrant community atmosphere, combined with the convenience of urban living, makes this location highly desirable.
*** Additional Features:
** Renovations: Over the years, the property has undergone numerous renovations, ensuring that each unit is modern, comfortable, and appealing to renters.
Outdoor Space: The beautiful yard provides a perfect outdoor retreat, whether for relaxing, entertaining, or enjoying outdoor activities.
** Garage: The built-in garage adds significant value and convenience, offering secure parking and easy access to the units.
** Investment Potential:
This 3x presents a fantastic investment opportunity, whether you're looking to live in one unit and rent the others or fully rent out all units for maximum income. The combination of spacious units, modern updates, and a prime location ensures high tenant demand and long-term value!
*** Property Overview:
Built in 1966, this triplex has been thoughtfully renovated over the years to enhance both functionality and aesthetic appeal. It features a built-in underground garage, ensuring convenience and security for residents. The property also boasts a beautiful yard, providing a serene outdoor space for relaxation and enjoyment.
*** Unit Details:
** Second floor Apt: The 3-bedroom owner-occupied unit is available to be rented out by the present owners, ensuring convenience for the new Buyers. With its spacious layout and modern updates, this unit provides a comfortable and inviting living space.
** Main Floor Apt: The main floor houses another 3-bedroom unit, ideal for families or professionals seeking ample living space. This unit is designed to offer a blend of comfort and functionality, making it highly appealing to potential tenants. Presently leased until June 30, 2025.
** Basement Apt: The basement features a cozy one-bedroom bachelor apartment, perfect for singles or couples. This unit adds versatility to the property, catering to a wider range of renters and ensuring steady income. Renovations will bring up the revenue potential for this unit!
*** Prime Location:
The 3x is located in a prime area of Saint-Lambert, known for its charm, convenience, and vibrant community. Residents will appreciate the close proximity to top-rated schools, making it an ideal choice for families. The property is also near excellent transit options, facilitating easy commutes and connectivity to surrounding areas.
Living in St-Lambert means having access to a variety of amenities and attractions. The neighbourhood is highly walkable, allowing residents to enjoy the local parks, shops, cafes, and restaurants without the need for a car. The vibrant community atmosphere, combined with the convenience of urban living, makes this location highly desirable.
*** Additional Features:
** Renovations: Over the years, the property has undergone numerous renovations, ensuring that each unit is modern, comfortable, and appealing to renters.
Outdoor Space: The beautiful yard provides a perfect outdoor retreat, whether for relaxing, entertaining, or enjoying outdoor activities.
** Garage: The built-in garage adds significant value and convenience, offering secure parking and easy access to the units.
** Investment Potential:
This 3x presents a fantastic investment opportunity, whether you're looking to live in one unit and rent the others or fully rent out all units for maximum income. The combination of spacious units, modern updates, and a prime location ensures high tenant demand and long-term value!
Building details and property interior
Year constructed
1966
Siding
Brick
Roofing
Asphalt shingles
Garage
Built-in, Attached, Double width or more
Basement
Outdoor entrance, Finished basement, 6 feet and more
Lot and exterior features
Lot size
75' X
Lot area
696.80 m²
Driveway
Double width or more
Parking (total)
Garage (2), Driveway (4)
Proximity
Golf, Hospital, Park, Bicycle path, Elementary school, High school, Cross-country skiing, Commuter train, Public transportation, Highway, Daycare centre
Room details
Unit 1 (Monthly residential revenue)
Living room
Level:
1st level/Ground floor
Dimensions:
24'2" X 10'11" irr.
Flooring:
Vinyl
Details:
Dining room
Level:
1st level/Ground floor
Dimensions:
10'0" X 11'0" irr.
Flooring:
Ceramic
Details:
Kitchen
Level:
1st level/Ground floor
Dimensions:
8'11" X 9'3" irr.
Flooring:
Ceramic
Details:
Door to balcony
Primary bedroom
Level:
1st level/Ground floor
Dimensions:
10'11" X 16'0" irr.
Flooring:
Wood
Details:
Bedroom
Level:
1st level/Ground floor
Dimensions:
10'8" X 9'4" irr.
Flooring:
Wood
Details:
Bedroom
Level:
1st level/Ground floor
Dimensions:
10'11" X 15'5" irr.
Flooring:
Floating floor
Details:
Bathroom
Level:
1st level/Ground floor
Dimensions:
11'1" X 5'3" irr.
Flooring:
Ceramic
Details:
Unit 2 (Monthly residential revenue)
Rooms not detailed
Unit 3 (Monthly residential revenue)
Living room
Level:
2nd level
Dimensions:
17'6" X 15'6" irr.
Flooring:
Floating floor
Details:
Dining room
Level:
2nd level
Dimensions:
10'11" X 8'5" irr.
Flooring:
Floating floor
Details:
Dinette
Level:
2nd level
Dimensions:
9'8" X 11'2" irr.
Flooring:
Floating floor
Details:
Kitchen
Level:
2nd level
Dimensions:
9'5" X 8'7" irr.
Flooring:
Floating floor
Details:
Door to balcony
Primary bedroom
Level:
2nd level
Dimensions:
16'0" X 11'2" irr.
Flooring:
Floating floor
Details:
Bedroom
Level:
2nd level
Dimensions:
10'9" X 9'0" irr.
Flooring:
Wood
Details:
Bedroom
Level:
2nd level
Dimensions:
15'6" X 11'0" irr.
Flooring:
Floating floor
Details:
Bathroom
Level:
2nd level
Dimensions:
11'1" X 5'3" irr.
Flooring:
Floating floor
Details:
Characteristics
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Occupancy
Triple
Financial details
Municipal assessment (2020)
- Lot assessment
- $ 417,700
- Building assessment
- $ 367,500
- Total
- $ 785,200
Taxes
- Municipal (2024)
- $ 7,534
- School (2023)
- $ 678
- Total
- $ 8,212
Gross annual revenues (potential)
- Residential
- $ 52,800
- Total
- $ 52,800
Inclusions and exclusions
Inclusions
Apt # 537 - Attached fixtures, refrigerator, stove, blinds, air-conditioning unit. Apt # 535 - Attached fixtures. All 3 hot water tanks.(apt 535, 537 and 535A)
Exclusions
The personal belongings of the tenants
Mortgage payment calculator
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