Discover this excellent investment opportunity in the heart of Chertsey. Situated on an 11,086 sq. ft. corner lot at the intersection of the town's two main roads, this triplex offers both residential and commercial zoning. Extensively renovated in 2008, with an elastomeric membrane roof installed in 2024, it features three exceptionally spacious rental units, all occupied by stable tenants. Offering potential annual gross rental income of $29,820, 8 parking spaces, and a prime location, this property is an outstanding addition to any real estate portfolio.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Discover this superb triplex offering excellent investment potential and exceptional versatility thanks to its residential and commercial zoning. Ideally located at the corner of Chertsey's two main roads, the property enjoys outstanding visibility and sits on a spacious 11,086 sq. ft. lot. Built on a poured concrete foundation, it also offers 8 parking spaces, a valuable feature for tenants or a future commercial use.
The building has undergone extensive renovations over the years. In 2008, nearly all of the windows were replaced (except for two), and a major renovation was completed throughout the property. The interior layout was redesigned, new flooring was installed, and both the interior and exterior insulation were replaced. More recently, the roof was completely redone in 2024 with an elastomeric membrane, providing peace of mind for years to come.
Unit 378, located on the main floor, is an impressive 3-bedroom apartment offering approximately 1,800 sq. ft. of living space. It features three generously sized bedrooms, a bright and spacious living room, a functional kitchen, a large family room, a full bathroom, and a separate laundry room that also provides additional storage space. The unit also benefits from its own private entrance. Floating floors extend throughout most of the apartment, while the laundry room is finished with ceramic flooring. The unit is currently rented for $900 per month until July 1, 2027.
Unit 376 is a spacious 2-bedroom apartment offering approximately 1,000 sq. ft. of living space. It includes two comfortable bedrooms, a full bathroom, a welcoming living room, and a functional kitchen. This unit is currently rented for $825 per month until July 1, 2027, providing stable rental income.
Unit 380, located on the second floor, is another spacious 2-bedroom apartment offering approximately 1,200 sq. ft. of living space. It features two bedrooms, a full bathroom, a functional kitchen, and a bright living room. Like the other units, it stands out for its exceptionally large rooms, providing excellent comfort for its occupants.
All three units are currently rented to reliable, long-term tenants, generating potential annual gross rental income of $29,820. Thanks to its residential and commercial zoning, this property offers outstanding flexibility for investors or owner-occupants looking to establish professional offices or a commercial business, subject to municipal regulations. Combining generous living spaces, major renovations, solid rental income, and a prime location, this is an exceptional investment opportunity in the heart of Chertsey.
Building details and property interior
Dimensions
61' X 45'
Year constructed
1946
Window Type
Casement
Roofing
Other, Elastomeric membrane
Basement
6 feet and more, Other, Finished basement
Lot and exterior features
Lot size
195' X 88'
Lot area
11,086 ft²
Topography
Sloped
Distinctive Features
Street corner
Driveway
Asphalt
Parking (total)
Driveway (8)
Proximity
Park, Bicycle path, Elementary school, Alpine skiing, High school, Cross-country skiing, Public transportation, Daycare centre, Highway