$449,900
New
ULS: 25009317
Triplex
for sale
138 Rue Galipeau, Thurso
Turnkey triplex offering an exceptional investment opportunity with strong and optimized income potential! The property features two 4½ units currently rented at $1,100 each, providing stable revenue from day one. The spacious 5½, currently owner-occupied, offers excellent rental potential of approximately $1,500, allowing for increased returns. The main unit was fully renovated from A to Z in 2025 with modern finishes, minimizing short-term expenses. Each unit has its own private entrance, ensuring comfort and privacy. Ideal for investors or owner-occupants looking to maximize returns in a desirable area!
Living area
1,801 ft²
Property features
3
Bedrooms
1
Bathroom
Addendum
Turnkey income property offering an excellent investment opportunity. The building features three units, including two 4½ units currently rented at $1,100 each, providing stable income from day one, as well as one 5½ unit presently owner-occupied with an estimated rental potential of approximately $1,500.
The main unit was fully renovated from A to Z in 2025 using quality materials, offering a modern and updated living space. Each unit benefits from its own private entrance, ensuring comfort and privacy for occupants.
Several major improvements have been completed, including the replacement of windows in 2022 and 2025, as well as the installation of new French drains with a waterproof membrane around the foundation, enhancing durability and long-term peace of mind.
Well-maintained property with excellent income optimization potential, ideal for investors or owner-occupants looking to maximize their return.
The property is currently used as a triplex. However, it is recognized as a non-conforming triplex due to the configuration of the electrical meters, as the building only has two Hydro-Québec meters for three units. One unit shares its meter with another unit. Notwithstanding the foregoing, each unit has its own independent entrance. Furthermore, according to current municipal regulations, the zoning permits triplex use.
The main unit was fully renovated from A to Z in 2025 using quality materials, offering a modern and updated living space. Each unit benefits from its own private entrance, ensuring comfort and privacy for occupants.
Several major improvements have been completed, including the replacement of windows in 2022 and 2025, as well as the installation of new French drains with a waterproof membrane around the foundation, enhancing durability and long-term peace of mind.
Well-maintained property with excellent income optimization potential, ideal for investors or owner-occupants looking to maximize their return.
The property is currently used as a triplex. However, it is recognized as a non-conforming triplex due to the configuration of the electrical meters, as the building only has two Hydro-Québec meters for three units. One unit shares its meter with another unit. Notwithstanding the foregoing, each unit has its own independent entrance. Furthermore, according to current municipal regulations, the zoning permits triplex use.
Building details and property interior
Year constructed
1970
Living area
1,801 ft²
Windows
PVC
Window Type
Casement, Sliding
Siding
Vinyl
Roofing
Asphalt shingles
Basement
Finished basement, 6 feet and more
Lot and exterior features
Lot size
47' 8" X 97' 6"
Lot area
434.80 m²
Topography
Flat
Parking (total)
Driveway (6)
Room details
Unit 1 (Monthly residential revenue)
Bathroom
Level:
Basement 1
Dimensions:
8'6" X 13'3" irr.
Flooring:
Ceramic
Details:
Kitchen
Level:
Basement 1
Dimensions:
13'3" X 9'0" irr.
Flooring:
Vynile
Details:
Family room
Level:
Basement 1
Dimensions:
27'4" X 35'5" irr.
Flooring:
Vynile
Details:
Primary bedroom
Level:
Basement 1
Dimensions:
13'7" X 18'4" irr.
Flooring:
Vynile
Details:
Bedroom
Level:
Basement 1
Dimensions:
13'7" X 14'8"
Flooring:
Vynile
Details:
Bedroom
Level:
Basement 1
Dimensions:
13'7" X 14'0"
Flooring:
Vynile
Details:
Laundry room
Level:
Basement 1
Dimensions:
13'7" X 8'7"
Flooring:
Concrete
Details:
Unit 2 (Monthly residential revenue)
Hall
Level:
1st level/Ground floor
Dimensions:
10'8" X 5'7" irr.
Flooring:
Ceramic
Details:
Kitchen
Level:
1st level/Ground floor
Dimensions:
20' X 14'9" irr.
Flooring:
Ceramic
Details:
Living room
Level:
1st level/Ground floor
Dimensions:
17'4" X 10'7" irr.
Flooring:
Laminate floor
Details:
Primary bedroom
Level:
1st level/Ground floor
Dimensions:
11'7" X 10'9"
Flooring:
Laminate floor
Details:
Bedroom
Level:
1st level/Ground floor
Dimensions:
8'11" X 9'4"
Flooring:
Laminate floor
Details:
Bathroom
Level:
1st level/Ground floor
Dimensions:
8'11" X 5'7"
Flooring:
Flexible floor coverings
Details:
Unit 3 (Monthly residential revenue)
Kitchen
Level:
1st level/Ground floor
Dimensions:
12'9" X 17'7" irr.
Flooring:
Flexible floor coverings
Details:
Living room
Level:
1st level/Ground floor
Dimensions:
16'6" X 14'0"
Flooring:
Laminate floor
Details:
Primary bedroom
Level:
1st level/Ground floor
Dimensions:
14'3" X 11'1"
Flooring:
Laminate floor
Details:
Bedroom
Level:
1st level/Ground floor
Dimensions:
8'11" X 12'0"
Flooring:
Laminate floor
Details:
Bathroom
Level:
1st level/Ground floor
Dimensions:
11'7" X 6'0"
Flooring:
Ceramic
Details:
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 26,500
- Building assessment
- $ 224,400
- Total
- $ 250,900
Taxes
- Municipal (2026)
- $ 2,759
- School (2026)
- $ 48
- Total
- $ 2,807
Gross annual revenues (potential)
- Residential
- $ 44,400
- Total
- $ 44,400
Inclusions and exclusions
Inclusions
All appliances in each unit -- refrigerator, stove, dishwasher (x1), shed, and hot water tanks (2019 and 2020).
Mortgage payment calculator
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