$989,000
New
ULS: 28090852
Triplex
for sale
15855 - 15853 Rue de la Caserne, Montréal (L'Île-Bizard/Sainte-Geneviève) (Sainte-Geneviève)
Superb investment opportunity with this income property, which is always rented and ideally located. Rents are well below current market value. A former family home, converted into a two-unit building, was further enhanced in 2013-2014 with the addition of a bachelor apartment in the basement to create a third unit. The main split-level unit offers three bedrooms and a beautiful backyard. The second unit has two bedrooms and also has its own yard. The exterior landscaping has been professionally redone. Two parking spaces are included per unit. A single garage can also be rented out to generate additional income.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
3
Bedrooms
1
Bathroom
MICHEL CUERRIER
Real Estate Broker
Addendum
Turnkey Triplex with Premium Rental Income Potential
A Rare Strategic Investment in Central Sainte-Geneviève
Presenting an impeccably maintained triplex that perfectly balances structural integrity with high-yield potential. Located in the heart of Sainte-Geneviève, just steps from Cégep Gérald-Godin, this property is a standout for both owner-occupants and seasoned investors looking for a "worry-free" asset.
This property has undergone significant capital improvements, ensuring long-term durability and lower operating costs. Renovations completed approximately 10-15 years ago include:
Roof Shingles Replacement
Replacement of Windows and Doors
Professional Landscaping offering exceptional curb appeal.
Prime Unit Mix & Projected Market Rents (2026)
The property consists of three distinct units, each benefiting from the high demand of the local rental market. Based on current 2026 market values for well-maintained West Island properties, the projected monthly rents are:
Unit 1 (3-Bedroom) | Projected Rent: $2,125 - $2,300/mo The building's flagship unit. Spacious and bright, it features exclusive access to a beautiful, private backyard--a rare amenity in the area that attracts stable, long-term tenants with the possibility to include a single garage space.
Unit 2 (2-Bedroom) | Projected Rent: $1,750 - $1,900/mo A highly desirable configuration that also enjoys its own private backyard space. Perfect for professionals or small families seeking outdoor living.
Unit 3 (1-Bedroom) | Projected Rent: $1,350 - $1,450/mo Ideally situated for the student or faculty market at the neighboring Cégep. This unit provides consistent, year-round occupancy with minimal turnover effort.
Investment Highlights
Total Potential Gross Annual Revenue: ~$63,000+
Location: Walking distance to public transit, the Rivière des Prairies, and the college.
Turnkey: No major capital expenditures required in the immediate future.
Whether you choose to live in the main unit and enjoy the "backyard lifestyle" while your mortgage is paid by the other units, or manage it as a pure investment, this triplex represents a stable opportunity.
A Rare Strategic Investment in Central Sainte-Geneviève
Presenting an impeccably maintained triplex that perfectly balances structural integrity with high-yield potential. Located in the heart of Sainte-Geneviève, just steps from Cégep Gérald-Godin, this property is a standout for both owner-occupants and seasoned investors looking for a "worry-free" asset.
This property has undergone significant capital improvements, ensuring long-term durability and lower operating costs. Renovations completed approximately 10-15 years ago include:
Roof Shingles Replacement
Replacement of Windows and Doors
Professional Landscaping offering exceptional curb appeal.
Prime Unit Mix & Projected Market Rents (2026)
The property consists of three distinct units, each benefiting from the high demand of the local rental market. Based on current 2026 market values for well-maintained West Island properties, the projected monthly rents are:
Unit 1 (3-Bedroom) | Projected Rent: $2,125 - $2,300/mo The building's flagship unit. Spacious and bright, it features exclusive access to a beautiful, private backyard--a rare amenity in the area that attracts stable, long-term tenants with the possibility to include a single garage space.
Unit 2 (2-Bedroom) | Projected Rent: $1,750 - $1,900/mo A highly desirable configuration that also enjoys its own private backyard space. Perfect for professionals or small families seeking outdoor living.
Unit 3 (1-Bedroom) | Projected Rent: $1,350 - $1,450/mo Ideally situated for the student or faculty market at the neighboring Cégep. This unit provides consistent, year-round occupancy with minimal turnover effort.
Investment Highlights
Total Potential Gross Annual Revenue: ~$63,000+
Location: Walking distance to public transit, the Rivière des Prairies, and the college.
Turnkey: No major capital expenditures required in the immediate future.
Whether you choose to live in the main unit and enjoy the "backyard lifestyle" while your mortgage is paid by the other units, or manage it as a pure investment, this triplex represents a stable opportunity.
Building details and property interior
Dimensions
34' 6" X 48' 4" irr.
Year constructed
1955
Windows
PVC
Siding
Canexel, Brick
Roofing
Asphalt shingles
Garage
Single width, Attached, Built-in
Lot and exterior features
Lot size
65' 3" X 116' irr.
Lot area
679 m²
Driveway
Asphalt
Parking (total)
Garage (1), Driveway (4)
Proximity
Park, Elementary school, Public transportation, CEGEP, Daycare centre
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Fireplace-Stove
Wood fireplace
Property or unit amenity
Central vacuum cleaner system installation, Air exchange system
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2025)
- Lot assessment
- $ 235,300
- Building assessment
- $ 249,800
- Total
- $ 485,100
Taxes
- Municipal (2025)
- $ 3,466
- School (2025)
- $ 388
- Total
- $ 3,854
Annual expenses
- Insurance
- $ 1,425
- Snow removal
- $ 850
- Total
- $ 2,275
Energy expenses
- Electricity
- $ 2,865
- Total
- $ 2,865
Gross annual revenues (potential)
- Residential
- $ 44,040
- Total
- $ 44,040
Inclusions and exclusions
Inclusions
Oven and cooktop (2025) and dishwasher from unit 15855 Stove, microwave, refrigerator, washer and dryer, table + 4 chairs 15855A (Bachelor) Dishwasher 15853 2 x Sheds Central vacuum & air exchanger(15855)
Exclusions
Tenants personal belongings
Mortgage payment calculator
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