$1,249,000
ULS: 15429561
Triplex
for sale
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
Addendum
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
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
Building details and property interior
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 and exterior features
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
Characteristics
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 and exclusions
Inclusions
6 Thermopumps, built-in air conditioning, 3 water heaters, installation of washer/dryer in each unit
Exclusions
Personal belongings of tenants
Mortgage payment calculator
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