Photo Main Photo of the property
$1,295,000
ULS: 20623455

Triplex for sale
1951 - 1955 Rue Sherbrooke E., Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

Investment Opportunity : This income-generating triplex presents an excellent opportunity for investors. The ground floor is currently configured as a commercial office space, while the second and third floors each feature a spacious, well-laid-out apartment. A large, unfinished concrete basement is accessible from the ground floor, offering additional development potential. Located on the corner of Dorion Street, just steps from Parc La Fontaine, the building enjoys a prime location in a sought-after residential neighborhood, close to all the services and attractions of the Plateau-Mont-Royal.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area 5,638 ft²

Property features

5 Bedrooms
1 Bathroom
Description :

Ideally located in one of Montreal's most vibrant and sought-after neighborhoods, this triplex presents an excellent investment opportunity. It currently generates solid annual gross income and offers additional potential with the possibility of converting or developing commercial or residential space on the ground floor.

The building spans three levels. The ground floor, currently used as a commercial office by the owner, can easily be converted into a commercial unit or transformed into a residential apartment, depending on the buyer's needs.

The 2nd and 3rd floors are occupied by tenants. Each apartment is an 8½ layout with a similar floor plan. Every unit features a balcony adjoining the kitchen, as well as a solarium at the back.

A large, unfinished concrete basement is accessible from the ground floor, offering significant storage space or further development potential.

Finally, a rear driveway provides access to three parking spaces.

The ceiling heights are as follows: Ground floor -- 9'3", 1953 -- 9'1", 1955 -- 9', and the basement -- 8'6".

*****

Regarding occupancy timelines:
For the ground floor, it will be available in January 2026, and for the other two units, it depends on the leases.

The selection of the inspector must be approved by all parties.

Please note that the amount of $4,405 for electricity applies only to the ground floor (1951).

A new certificate of location has been ordered, area of the lot and living area are based on the assessment roll of the town (and could include the garage). The areas will be confirmed upon reception of the new certificate.

* Please note that virtual home staging has been done on some pictures of this property, they are published in order to show a possible layout.

The present sale is made without any legal warranty of quality from the seller, at the buyer's risk.
Dimensions 22' X 88'
Year constructed 1925
Living area 5,638 ft²
Basement 6 feet and more
Lot size 24' X 135'
Lot area 2,864 ft²
Distinctive Features Street corner
Parking (total) Driveway (3)
Proximity Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, University, CEGEP

Unit 1 (Monthly residential revenue)

Dining room
Level: 2nd level
Dimensions: 9' X 14'5"
Flooring: Wood
Details:
Kitchen
Level: 2nd level
Dimensions: 11'4" X 15'9"
Flooring: Linoleum
Details: Balcony access, W/D setup
Living room
Level: 2nd level
Dimensions: 12'8" X 13'5"
Flooring: Wood
Details: Decorative fireplace, convecto
Bedroom
Level: 2nd level
Dimensions: 10'8" X 12'2"
Flooring: Wood
Details:
Bedroom
Level: 2nd level
Dimensions: 10' X 10'10"
Flooring: Wood
Details: Standard closet
Bedroom
Level: 2nd level
Dimensions: 10' X 16'
Flooring: Wood
Details:
Bedroom
Level: 2nd level
Dimensions: 10'5" X 13'9"
Flooring: Wood
Details:
Bathroom
Level: 2nd level
Dimensions: 6'1" X 5'1"
Flooring: Ceramic
Details: Bath

Unit 2 (Monthly residential revenue)

Salon/Salle à manger
Level: 3rd level
Dimensions: 8'10" X 14'4"
Flooring: Wood
Details:
Kitchen
Level: 3rd level
Dimensions: 11'2" X 18'10"
Flooring: Linoleum
Details: Balcony access, W/D setup
Living room
Level: 3rd level
Dimensions: 12'8" X 13'5"
Flooring: Wood
Details: Decorative fireplace, convecto
Bedroom
Level: 3rd level
Dimensions: 10'8" X 12'6"
Flooring: Wood
Details: Closet
Bedroom
Level: 3rd level
Dimensions: 10'8" X 10'3"
Flooring: Wood
Details:
Bedroom
Level: 3rd level
Dimensions: 10'1" X 16'6"
Flooring: Wood
Details:
Bedroom
Level: 3rd level
Dimensions: 10'5" X 13'9"
Flooring: Wood
Details: Standard closet
Office
Level: 3rd level
Dimensions: 7'6" X 11'1"
Flooring: Wood
Details: Skylight, wardrobe
Bathroom
Level: 3rd level
Dimensions: 5' X 6'
Flooring: Ceramic
Details: Bath

Unit 3 (Office)

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

Financial details

Municipal assessment (2025)

Lot assessment
$ 665,300
Building assessment
$ 740,500
Total
$ 1,405,800

Taxes

Municipal (2025)
$ 13,211
School (2025)
$ 1,018
Total
$ 14,229

Annual expenses

Insurance
$ 5,324
Total
$ 5,324

Energy expenses

Electricity
$ 4,406
Total
$ 4,406

Gross annual revenues (potential)

Residential
$ 45,480
Commercial
$ 36,000
Total
$ 81,480

Inclusions

According to the leases. All of the above are included without warranty of quality.

Exclusions

According to the leases

Desjardins

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