Semi-commercial TRIPLEX with a AAA location in the sought after Plateau Mont-Royal! Located on a street corner between Laurier metro station and Laurier Park. Gross revenues of $98,160/annual. A very interesting investment opportunity with still so much potential for growth! Contact us today for more information!
Gross revenues of $98,160/annual with approximately 70% of the taxes paid by the commercial tenant.
Welcome to 786-790 Laurier East. This lovely triplex located in the heart of Montreal's Plateau Mont-Royal sector and is part residential and the other part commercial. The property has been well maintained, offers interesting revenues all set in an excellent location!
THE BUILDING -Triplex -Built in 1910 -Street corner building -1,950 sqft lot -2 residential units -1 commercial unit -Parking -Shed -Nice views
THE RESIDENTIAL UNITS 786 (3rd floor) -Tastefully renovated -High ceilings -2 bedrooms -Master bedroom with pot lights and ample natural lighting -Master bedroom walk-in with access to front balcony -Large bathroom with double vanity, ceramic shower and separate bath -In-unit washer/dryer in bathroom -Large living and dining room open concept -Kitchen with quartz countertops and access to second balcony -Storage
788 (2nd floor) -4 bedrooms -Washer/dryer in unit located in kitchen -3 balconies, one larger balcony off of kitchen with unobstructed views
THE COMMERCIAL UNIT -Dépanneur commerce store -2,550 sqft of space -Unfinished basement used for storage -All business taxes paid by this unit (As per lease)
AAA LOCATION -One minute walk to Laurier Metro station (orange line) -Walk score of 98 -Laurier Elementary School (eng.) -École primaire Paul-Bruchési (fr.) -Daycare CPE Soleil du Cartier -Sir Wilfred Laurier Park (recreational park with outdoor pool) -Public transport buses 14, 27, 711 -Metro grocery store -Mile-End community garden
**There is GST/QST payable on the commercial portion of the building unless you have a GST number (easily obtainable)**
Building details and property interior
Dimensions
25' X 77' irr.
Year constructed
1910
Siding
Brick
Roofing
Asphalt and gravel
Washer/Dryer (installation)
Bathroom (3)
Basement
6 feet and more, Unfinished
Renovations
Roof covering (2018)
Lot and exterior features
Lot size
25' X 78' irr.
Lot area
178.40 m²
Distinctive Features
Street corner
Driveway
Asphalt
Parking (total)
Driveway (1)
Proximity
Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, University, Laurier Park
Room details
Unit 1 (Monthly residential revenue)
Kitchen
Level:
3rd level
Dimensions:
8'10" X 12'4"
Flooring:
Ceramic
Details:
Dining room
Level:
3rd level
Dimensions:
11'9" X 12'6"
Flooring:
Wood
Details:
Living room
Level:
3rd level
Dimensions:
10'6" X 12'4"
Flooring:
Wood
Details:
single closet
Bedroom
Level:
3rd level
Dimensions:
11'7" X 10'6"
Flooring:
Wood
Details:
single closet
Bathroom
Level:
3rd level
Dimensions:
5'11" X 12'7"
Flooring:
Ceramic
Details:
Primary bedroom
Level:
3rd level
Dimensions:
11'11" X 12'8"
Flooring:
Wood
Details:
access to walk-in
Garde-robe walk-in
Level:
3rd level
Dimensions:
9'10" X 8'8" irr.
Flooring:
Wood
Details:
access to front balcony
Unit 2 (Monthly residential revenue)
Kitchen
Level:
2nd level
Dimensions:
9'5" X 12'1"
Flooring:
Linoleum
Details:
washer/dryer,access to balcony
Living room
Level:
2nd level
Dimensions:
11'9" X 12'4"
Flooring:
Wood
Details:
Bedroom
Level:
2nd level
Dimensions:
11'0" X 11'0"
Flooring:
Wood
Details:
single closet
Bedroom
Level:
2nd level
Dimensions:
9'10" X 9'10"
Flooring:
Wood
Details:
access to front balcony
Primary bedroom
Level:
2nd level
Dimensions:
12'0" X 13'3"
Flooring:
Wood
Details:
Bedroom
Level:
2nd level
Dimensions:
12'0" X 10'10"
Flooring:
Wood
Details:
single closet
Bathroom
Level:
2nd level
Dimensions:
3'6" X 8'6"
Flooring:
Ceramic
Details:
bath/shower
Unit 3 (Commercial)
Rooms not detailed
Unit 4 (Parking/Garages)
Rooms not detailed
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Rented Equipment (monthly)
Water heater (2)
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2021)
Lot assessment
$ 322,000
Building assessment
$ 754,800
Total
$ 1,076,800
Taxes
Municipal
(2025)
$ 15,247
School
(2024)
$ 851
Total
$ 16,098
Annual expenses
Insurance
$ 5,729
Total
$ 5,729
Gross annual revenues (potential)
Residential
$ 54,000
Commercial
$ 43,200
Parking
$ 960
Total
$ 98,160
Inclusions and exclusions
Inclusions
786 Laurier (3rd floor): Fridge, stove, washer/dryer, light fixtures, air conditionner portable and 788 Laurier (2nd floor): Fridge and stove. Other: shed.