Photo Main Photo of the property
$599,000
New
ULS: 10495692

Triplex for sale
3398 - 3402 Rue Jean-Talon E., Montréal (Villeray/Saint-Michel/Parc-Extension) (Saint-Michel)

Great investment opportunity! Located just steps from the St-Michel metro station and François-Perrault Park, this property features a 1,032 sq. ft. commercial space with two independent entrances (3398-3400), a 440 sq. ft. basement suitable for storage (5'6" ceiling height), the potential to split the ground floor into two commercial units, and a 5½-room residential unit with three bedrooms (8'2" ceilings) on the second floor. Ideal for an investor or an owner-occupant.

Property features

3 Bedrooms
1 Bathroom

NICKY CIRCELLI

Residential and Commercial Real Estate Broker

RE/MAX DU CARTIER INC.

This property represents an outstanding investment opportunity thanks to its strategic location and versatile layout. Here are some key features that make this offer attractive:

*Prime Location*

- Proximity to the St-Michel metro station facilitates access to public transit, thereby increasing the property's value and appeal to potential tenants.
- Proximity to François-Perrault Park offers a pleasant green space, enhancing the quality of life for residents and business owners alike.

*Property Layout*

- A 1,032 sq. ft. ground-floor commercial space--ideal for a variety of businesses--can attract diverse tenants, ensuring stable rental income.
- Two independent entrances (3398-3400) allow for flexibility in how the commercial spaces are leased or utilized.
- A 440 sq. ft. basement with a 5'6" ceiling height can serve as storage space, adding to the property's functionality.
- The potential for two separate ground-floor commercial units offers added flexibility to attract different types of commercial tenants.
- A 5 1/2 residential unit on the second floor featuring three bedrooms (and 8'2" ceilings) is ideal for a family or an owner-occupant, providing an additional source of residential income.

*Benefits for Investors and Owner-Occupants*

- Investors: The mix of commercial and residential spaces reduces risk and maximizes income potential.
- Owner-Occupants: The option to live on-site while managing the commercial spaces offers convenience and allows for more direct tenant management.

**Conclusion**
Located in a sought-after neighborhood close to amenities, this property offers an ideal blend of commercial and residential space. It represents an excellent investment opportunity for those looking to diversify their real estate portfolio or for owners wishing to combine living and working in one location. Don't miss this opportunity to acquire a property with numerous advantages and high profit potential!
Dimensions 23' 6" X 42' 5" irr.
Year constructed 1954
Siding Brick
Basement Low (less than 6 feet), Unfinished
Lot size 28' 6" X 84' irr.
Lot area 220.90 m²
Topography Flat
View Panoramic
Proximity Daycare centre, Park, Bicycle path, Highway, High school, Public transportation, University, Elementary school, CEGEP

Unit 1 (Monthly residential revenue)

Hall
Level: 2nd level
Dimensions: 3'11" X 3'10"
Flooring: Ceramic
Details:
Living room
Level: 2nd level
Dimensions: 23'2" X 11'5"
Flooring: Wood
Details:
Salle à manger/Cuisine
Level: 2nd level
Dimensions: 14'4" X 12'2"
Flooring: Ceramic
Details:
Primary bedroom
Level: 2nd level
Dimensions: 13'1" X 11'1"
Flooring: Wood
Details:
Bedroom
Level: 2nd level
Dimensions: 11'2" X 9'5"
Flooring: Wood
Details:
Bedroom
Level: 2nd level
Dimensions: 13'10" X 8'0"
Flooring: Wood
Details:
Bathroom
Level: 2nd level
Dimensions: 8'9" X 7'7"
Flooring: Ceramic
Details:

Unit 2 (Commercial)

Rooms not detailed

Unit 3 (Commercial)

Rooms not detailed
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality
Occupancy Single

Financial details

Municipal assessment (2026)

Lot assessment
$ 265,100
Building assessment
$ 460,600
Total
$ 725,700

Taxes

Municipal (2026)
$ 9,181
School (2026)
$ 495
Total
$ 9,676

Gross annual revenues (potential)

Residential
$ 21,600
Commercial
$ 39,708
Total
$ 61,308
Desjardins

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