$649,000 +GST/QST
ULS: 27454041
Triplex for sale - Sutton
7Z - 9Z Rue Principale N., Sutton
Great business opportunity in SUTTON! Commercial and residential building conveniently located in the heart of downtown with excellent income. The commercial space houses a well-frequented establishment, and there are two completely renovated apartments upstairs. Don't wait any longer to invest!
Sale without legal warranty of quality, at the buyer's risk and peril.
Property features
1
Bedroom
1
Bathroom
RENÉ LANGLOIS
Residential and Commercial Real Estate Broker
RE/MAX D'ABORD INC.
DANIEL PELCHAT
Certified Real Estate Broker, AEO
RE/MAX D'ABORD INC.
ISABELLE ST-ARNAULT
Real Estate Broker
RE/MAX D'ABORD INC.
Addendum
Sutton, located in the Brome-Missisquoi Regional County Municipality and in the administrative region of Estrie, is part of the larger tourist region of the Eastern Townships. With an area of 243.5 km2, placing it at the forefront of its RCM municipalities, Sutton encompasses, under the same jurisdiction, the Nord Sutton sector, Sutton Junction, the Mont Écho sector, Sutton West, the urban area of Sutton, the Mont Sutton sector, and the hamlet of Glen Sutton, near the United States border. The nearby Sutton Mountains consist of Sommet Rond (950m), Mount Gagnon (850m), and Mount Écho (750m). These three mountains represent a significant economic asset for the city and the region, as many skiers flock to the ski resort each year. The village itself is located on Route 139, where Route 215 intersects it. A considerable portion of the Sutton Mountains is protected by the Montagnes-Vertes Nature Reserve. The Sutton River also begins its course in the municipality, east of the Sutton Mountains.
Annual income of $49,800.00 ($2500-$800-$850).
Photos of the rooms available upon request.
Electricity at the tenants' expense.
Business tax and water billed to unit 9 (commercial).
Rent for taxable unit 9 billed monthly.
Approximate insurance of $8,500/year.
Approximate area of the commercial space.
Renovations since purchase (approximate dates):
Unit 11 completely renovated (2017)
Electrical and plumbing of unit 5 (2023)
Kitchen and bathroom of unit 5 (2023)
Galleries of both units (2019)
Restaurant toilet room (2018)
Back store restaurant floors (2018)
Restaurant ceilings and soundproofing (2020)
Restaurant dishwashing area (plumbing and wall) (2019)
Repair of masonry on a small part of the foundation (2020)
Hot water tanks (4) replaced between 2021-2023
Note that photos 18 to 21 are provided by the seller from the previous rental.
Note that current leases indicate fixed and indefinite terms; the seller is to rectify the situation (to be verified before any promise of purchase).
Visits upon accepted promise to purchase.
This sale is made without legal warranty of quality from the seller, the buyer not waiving the legal warranties given by previous owners and received by the seller during the acquisition of the property, which are hereby assigned to the buyer.
Annual income of $49,800.00 ($2500-$800-$850).
Photos of the rooms available upon request.
Electricity at the tenants' expense.
Business tax and water billed to unit 9 (commercial).
Rent for taxable unit 9 billed monthly.
Approximate insurance of $8,500/year.
Approximate area of the commercial space.
Renovations since purchase (approximate dates):
Unit 11 completely renovated (2017)
Electrical and plumbing of unit 5 (2023)
Kitchen and bathroom of unit 5 (2023)
Galleries of both units (2019)
Restaurant toilet room (2018)
Back store restaurant floors (2018)
Restaurant ceilings and soundproofing (2020)
Restaurant dishwashing area (plumbing and wall) (2019)
Repair of masonry on a small part of the foundation (2020)
Hot water tanks (4) replaced between 2021-2023
Note that photos 18 to 21 are provided by the seller from the previous rental.
Note that current leases indicate fixed and indefinite terms; the seller is to rectify the situation (to be verified before any promise of purchase).
Visits upon accepted promise to purchase.
This sale is made without legal warranty of quality from the seller, the buyer not waiving the legal warranties given by previous owners and received by the seller during the acquisition of the property, which are hereby assigned to the buyer.
Building details and property interior
Year constructed
1870
Windows
PVC
Siding
Brick, Vinyl
Roofing
Asphalt shingles, Sheet metal
Basement
6 feet and more
Lot and exterior features
Lot size
50' 5" X 63' 9" irr.
Lot area
3,396.01 ft²
Distinctive Features
Street corner
Room details
Unit 1 (Monthly residential revenue)
Kitchen
Level:
2nd level
Dimensions:
10'8" X 10'5"
Flooring:
Details:
Dining room
Level:
2nd level
Dimensions:
12'5" X 9'10"
Flooring:
Wood
Details:
Living room
Level:
2nd level
Dimensions:
9'11" X 7'9"
Flooring:
Wood
Details:
Bedroom
Level:
2nd level
Dimensions:
12'5" X 10'7"
Flooring:
Wood
Details:
Bathroom
Level:
2nd level
Dimensions:
10'1" X 4'10"
Flooring:
Details:
Unit 2 (Monthly residential revenue)
Hall
Level:
2nd level
Dimensions:
11'8" X 9'7"
Flooring:
Laminate floor
Details:
Kitchen
Level:
2nd level
Dimensions:
11'2" X 6'1"
Flooring:
Laminate floor
Details:
Living room
Level:
2nd level
Dimensions:
16'4" X 10'2"
Flooring:
Laminate floor
Details:
Bedroom
Level:
2nd level
Dimensions:
9'5" X 8'9"
Flooring:
Laminate floor
Details:
Bedroom
Level:
2nd level
Dimensions:
12'6" X 10'4"
Flooring:
Laminate floor
Details:
Bathroom
Level:
2nd level
Dimensions:
7'9" X 5'9"
Flooring:
Ceramic
Details:
Unit 3 (Commercial)
Rooms not detailed
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 45,700
- Building assessment
- $ 108,900
- Total
- $ 154,600
Taxes
- Municipal (2024)
- $ 3,894
- School (2024)
- $ 114
- Total
- $ 4,008
Annual expenses
- Insurance
- $ 8,500
- Total
- $ 8,500
Gross annual revenues (potential)
- Residential
- $ 19,800
- Commercial
- $ 30,000
- Total
- $ 49,800
Inclusions and exclusions
Exclusions
Signage and restaurant equipment, as well as the furniture and personal belongings of the tenants.
Mortgage payment calculator
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