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$549,000 +GST/QST
ULS: 18315960

Triplex for sale
2562 - 2564 Rue Des Ormeaux, Montréal (Mercier/Hochelaga-Maisonneuve) (Mercier)

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)

Property features

1 Bedroom
1 Bathroom
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.
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 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
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

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.

Desjardins

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