$919,000
New
ULS: 26941087
Triplex
for sale
1259 - 1263 Rue Montcalm, Montréal (Ville-Marie) (Village)
Rare opportunity in a prime Village location featuring two 4½ units and one 5½. All three units offer functional layouts with a double living/dining room, closed bedroom, generously sized bathroom and rear kitchen. Excellent natural light thanks to the southwest exposure. Existing rental income, professionally managed over the years, several major improvements completed, and strong potential for modernization and long-term value growth. Strategic location near Beaudry metro and Sainte-Catherine Street.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
1
Bedroom
1
Bathroom
Addendum
An opportunity to acquire a well-located triplex in the heart of the Village, in a central Ville-Marie location just steps away from Beaudry metro, Sainte-Catherine Street, downtown, shops, restaurants and everyday services.
The property features two 4½ units and one 5½, all currently rented. Each apartment offers a functional and inviting layout, with a double living/dining room, one closed bedroom, a generously sized bathroom and a kitchen located toward the rear. The top-floor unit also includes a small office and a skylight in the bathroom. The southwest-facing front exposure brings excellent natural light into the main living areas.
The property has benefited from consistent rental management over the years, and several major improvements have been completed, including work to the roof, windows and balconies. Together with the existing rental income, these improvements provide a solid foundation for a buyer looking to hold, improve and reposition the property over time.
The units also offer strong potential for future modernization. Over the medium and long term, and in accordance with the existing leases and applicable regulations, a buyer may choose to update the apartments and further enhance the property's appeal within the rental market.
This property may appeal to a range of buyers: an investor looking to grow or consolidate a real estate portfolio, a purchaser focused on long-term wealth building, an owner of a first plex ready to move up to a three-unit property, or a buyer considering eventual owner occupancy of one of the units, subject to the leases and applicable rules.
The location is another key part of the property's long-term appeal. The Village and eastern Ville-Marie are expected to continue evolving over the coming years, notably with the planned major redevelopment of Sainte-Catherine Street East and the continued development of surrounding areas.
A Montreal income property offering existing rental revenue, modernization potential and a strategic location in the heart of an established neighbourhood undergoing continued transformation.
Broker Disclosure:
The listing broker acted as property manager for the building from 2006 to 2021 as part of his duties with the property management company then retained by the owner. He has not acted as property manager for the building since 2021 and holds no financial or economic interest in the property. Certain historical documents or invoices may refer to his name in connection with his former duties.
The property features two 4½ units and one 5½, all currently rented. Each apartment offers a functional and inviting layout, with a double living/dining room, one closed bedroom, a generously sized bathroom and a kitchen located toward the rear. The top-floor unit also includes a small office and a skylight in the bathroom. The southwest-facing front exposure brings excellent natural light into the main living areas.
The property has benefited from consistent rental management over the years, and several major improvements have been completed, including work to the roof, windows and balconies. Together with the existing rental income, these improvements provide a solid foundation for a buyer looking to hold, improve and reposition the property over time.
The units also offer strong potential for future modernization. Over the medium and long term, and in accordance with the existing leases and applicable regulations, a buyer may choose to update the apartments and further enhance the property's appeal within the rental market.
This property may appeal to a range of buyers: an investor looking to grow or consolidate a real estate portfolio, a purchaser focused on long-term wealth building, an owner of a first plex ready to move up to a three-unit property, or a buyer considering eventual owner occupancy of one of the units, subject to the leases and applicable rules.
The location is another key part of the property's long-term appeal. The Village and eastern Ville-Marie are expected to continue evolving over the coming years, notably with the planned major redevelopment of Sainte-Catherine Street East and the continued development of surrounding areas.
A Montreal income property offering existing rental revenue, modernization potential and a strategic location in the heart of an established neighbourhood undergoing continued transformation.
Broker Disclosure:
The listing broker acted as property manager for the building from 2006 to 2021 as part of his duties with the property management company then retained by the owner. He has not acted as property manager for the building since 2021 and holds no financial or economic interest in the property. Certain historical documents or invoices may refer to his name in connection with his former duties.
Building details and property interior
Dimensions
17' 6" X 45' 11"
Year constructed
1915
Siding
Brick, Stone
Roofing
Elastomeric membrane
Basement
Low (less than 6 feet), Unfinished
Lot and exterior features
Lot size
17' 6" X 74'
Lot area
1,294.91 ft²
Proximity
Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, Réseau Express Métropolitain (REM), High school, Public transportation, University
Room details
Unit 1 (Monthly residential revenue)
Hall
Level:
2nd level
Dimensions:
3'1" X 10'8"
Flooring:
Wood
Details:
Living room
Level:
2nd level
Dimensions:
8'11" X 11'3"
Flooring:
Wood
Details:
Office
Level:
2nd level
Dimensions:
8'11" X 8'11"
Flooring:
Wood
Details:
Dining room
Level:
2nd level
Dimensions:
8'5" X 12'7"
Flooring:
Wood
Details:
Bathroom
Level:
2nd level
Dimensions:
9'0" X 7'9"
Flooring:
Ceramic
Details:
Kitchen
Level:
2nd level
Dimensions:
8'5" X 15'10"
Flooring:
Laminate floor
Details:
Bedroom
Level:
2nd level
Dimensions:
7'4" X 12'10"
Flooring:
Laminate floor
Details:
Unit 2 (Monthly residential revenue)
Hall
Level:
3rd level
Dimensions:
15'6" X 6'5" irr.
Flooring:
Wood
Details:
Living room
Level:
3rd level
Dimensions:
20'9" X 9'5" irr.
Flooring:
Wood
Details:
Dining room
Level:
3rd level
Dimensions:
12'5" X 8'2" irr.
Flooring:
Concrete
Details:
Bathroom
Level:
3rd level
Dimensions:
6'11" X 7'7" irr.
Flooring:
Ceramic
Details:
Kitchen
Level:
3rd level
Dimensions:
14'1" X 8'3"
Flooring:
Wood
Details:
Bedroom
Level:
3rd level
Dimensions:
11'7" X 7'6"
Flooring:
Wood
Details:
Unit 3 (Monthly residential revenue)
Hall
Level:
1st level/Ground floor
Dimensions:
4'2" X 3'4"
Flooring:
Ceramic
Details:
Living room
Level:
1st level/Ground floor
Dimensions:
9'2" X 10'6"
Flooring:
Wood
Details:
Dining room
Level:
1st level/Ground floor
Dimensions:
8'2" X 10'6"
Flooring:
Wood
Details:
Hall
Level:
1st level/Ground floor
Dimensions:
4'1" X 30'10"
Flooring:
Wood
Details:
Bathroom
Level:
1st level/Ground floor
Dimensions:
6'7" X 10'6"
Flooring:
Ceramic
Details:
Bedroom
Level:
1st level/Ground floor
Dimensions:
7'11" X 10'6"
Flooring:
Wood
Details:
Kitchen
Level:
1st level/Ground floor
Dimensions:
8'7" X 14'2"
Flooring:
Linoleum
Details:
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 240,600
- Building assessment
- $ 586,900
- Total
- $ 827,500
Taxes
- Municipal (2026)
- $ 5,087
- School (2026)
- $ 662
- Total
- $ 5,749
Annual expenses
- Insurance
- $ 1,573
- Maintenance
- $ 3,000
- Total
- $ 4,573
Gross annual revenues (potential)
- Residential
- $ 44,784
- Total
- $ 44,784
Inclusions and exclusions
Inclusions
As per the leases
Exclusions
Tenant's personal belongings
Mortgage payment calculator
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This document is not an offer or a promise that may bind the seller, but is an invitation to submit such offers or promises.