Photo Main Photo of the property
$1,150,000
New
ULS: 11084032

Triplex for sale
5318 - 5322 Av. Decelles, Montréal (Côte-des-Neiges/Notre-Dame-de-Grâce) (Côte-des-Neiges)

RARE OPPORTUNITY IN THE HEART OF CÔTE-DES-NEIGES! Ideally located just steps from Université de Montréal, this three-storey triplex offers exceptional potential for investors and owner-occupants alike! Strategically located within proximity to all services & amenities. Featuring three spacious 6½ apartments and a potential gross annual income exceeding $65,000. The third-floor unit is rented at $1,298/month, while the ground-floor and second-floor units are vacant, offering the rare advantage of DOUBLE OCCUPANCY! A prime location, excellent income potential, and outstanding flexibility make this property an opportunity not to be missed!
Sale with exclusion(s) of legal warranty - See listing broker(s)

Property features

2 Bedrooms
1 Bathroom
RARE OPPORTUNITY IN THE HEART OF CÔTE-DES-NEIGES! Three-storey row triplex offering exceptional potential, a prime location, and DOUBLE OCCUPANCY!

Ideally situated in one of Montréal's most sought-after neighbourhoods, just steps from Université de Montréal, this three-storey triplex offers an outstanding opportunity for investors and owner-occupants alike! Featuring three spacious 6½ apartments and a potential gross annual income of over $65,000, this property combines excellent revenue potential with remarkable flexibility. The third-floor unit is currently rented at $1,298 per month, while the ground-floor and second-floor units are vacant, allowing buyers to maximize rental income, establish their own occupancy, or explore a combination of both. A prime location, strong income potential, and the rare advantage of double occupancy make this an opportunity not to be missed!

Each unit features its own private rear balcony and a convenient adjacent storage shed, offering added comfort and practicality. The backyard provides a welcoming outdoor space to relax and unwind, while the brick exterior at both the front and rear enhances the building's timeless charm and character. A wonderful combination of outdoor living, functionality, and classic appeal!

Highlights:

Row-style 3-storey triplex with three 6½-room units ( double living-room )

Potential gross annual income of over $65,000

Third-floor unit rented at $1,298/month

Ground-floor and second-floor units vacant

Washer & dryer installation in all 3 units.

Front and rear balconies for the ground-floor unit (5322) and the third-floor unit (5318).

Storage shed for each unit, adjacent to the rear balcony

Brick front and rear walls

An exceptional location!

Situated steps away from Jean-Brillant Park, the building enjoys a green setting featuring playgrounds, picnic areas, and recreational facilities. The Côte-des-Neiges metro station is just a 2-minute walk away, making city travel easy.

The area is packed with amenities: grocery stores, pharmacies, convenience stores, markets, cafés, bakeries, and restaurants. There are also numerous educational institutions nearby, notably the Université de Montréal, HEC Montréal, Collège Jean-de-Brébeuf, and Collège Notre-Dame.

Also close by are Mount Royal Park and Beaver Lake, Saint Joseph's Oratory, and several healthcare facilities, including the Jewish General Hospital, CHU Sainte-Justine, and St. Mary's Hospital.

An opportunity worth exploring in a dynamic, sought-after, and well-connected neighborhood, combining rental potential, outdoor space, and proximity to numerous services!
Year constructed 1922
Window Type Guillotine
Siding Brick
Roofing Elastomeric membrane
Basement Low (less than 6 feet), Unfinished
Lot area 151.30 m²
Topography Flat
Proximity CEGEP, Daycare centre, Hospital, Metro, Park, Highway, Elementary school, High school, Cross-country skiing, Public transportation, University, Bicycle path
Heating System Convection baseboards, Electric baseboard units
Heating Energy Electricity, Natural gas
Water Supply Municipality
Sewage System Municipality
Occupancy Double

Financial details

Municipal assessment (2026)

Lot assessment
$ 242,100
Building assessment
$ 585,200
Total
$ 827,300

Taxes

Municipal (2026)
$ 5,001
School (2026)
$ 602
Total
$ 5,603

Gross annual revenues (potential)

Residential
$ 66,576
Total
$ 66,576
Desjardins

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