OPPORTUNITY to acquire a triplex in Montreal for $549,000! Includes a hair salon in operation for over 75 years, generating strong revenue and providing a stable, guaranteed income. The building also features two apartments: a large 4½ and a very spacious 3½ (formerly a 4½, opened up to optimize room sizes). 4 parking spaces at the rear--a rare feature in the highly sought-after Tétreaultville neighborhood. Gross annual income of $38,700, offering a solid return for investors with great potential for optimization.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Beautiful 1915 building located in the heart of Tétreaultville -- a neighborhood that's becoming increasingly sought after. You're close to all amenities! A vibrant and well-situated area.
Ground Floor: Perrier Hair Salon In operation for over 75 years Stable and guaranteed income of $2,000/month Two exterior parking spaces at the rear Operating expenses at the tenants' expense (water, electricity, appliances)
2nd Floor: Spacious 3½ apartment Formerly a 4½, it was opened up to optimize room sizes Exterior parking space included $750/month Electricity and hot water paid by the tenant No appliances included
3rd Floor: 4½ apartment One exterior parking space included $475/month Electricity and hot water paid by the tenant No appliances included
Visits upon accepted promise to purchase, out of respect for the tenants.
Possibility to acquire the business goodwill. The seller plans to sell the business within a maximum of two years or earlier. Lease terms and details to be discussed.
Here are the amendments to the Seller's Declaration:
D5.2 -- Following the building inspection, cracks were identified in the foundation. According to expert reports issued by certified companies in the field, corrective measures must be carried out on the foundation as well as in the crawl space. All documents and reports are available.
Work to be performed in the crawl space:
Install supports in multiple locations.
Eliminate humidity in the crawl space.
Building details and property interior
Dimensions
21' X 45'
Year constructed
1915
Window Type
Sliding
Siding
Brick, Stucco, Aluminum
Roofing
Asphalt and gravel
Dividing Floor
Wood
Basement
Low (less than 6 feet)
Renovations
Roof covering (2007, 7520), Other (2018, 21097)
Lot and exterior features
Lot size
24' X 90' 6"
Lot area
2,174 ft²
Topography
Flat
Driveway
Asphalt
Parking (total)
Driveway (4)
Proximity
Metro, Park, Elementary school, High school, Public transportation, Highway, Other
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Property or unit amenity
Wall-mounted heat pump
Water Supply
Municipality
Sewage System
Municipality
Occupancy
Single
Financial details
Municipal assessment (2025)
Lot assessment
$ 166,900
Building assessment
$ 305,700
Total
$ 472,600
Taxes
Municipal
(2025)
$ 4,625
School
(2025)
$ 334
Total
$ 4,959
Annual expenses
Insurance
$ 4,172
Total
$ 4,172
Gross annual revenues (potential)
Residential
$ 14,700
Commercial
$ 24,000
Parking
$ 3,600
Total
$ 42,300
Inclusions and exclusions
Inclusions
2 water heaters of 40 gallons, 1 water heater of 60 gallons, 2 wall-mounted heat pumps for the commercial unit, alarm system, and camera system.
Exclusions
The personal belongings of the tenants and the owner.