Photo Main Photo of the property
$1,099,900
New
ULS: 14451544

Triplex for sale
261 - 265 Rue Jean, Saint-Philippe

A great investment opportunity in Saint-Philippe! Discover this modern triplex featuring three bright, well-appointed 2-bedroom units, all currently rented and generating annual rental income of $61,920. Each unit offers an inviting open-concept living area, a functional kitchen with a breakfast counter, two bedrooms and a full bathroom. Additional features include balconies, outdoor storage spaces and paved parking. Ideally located in a peaceful residential neighbourhood, close to services and major highways. An investment opportunity not to be missed!
Living area 201.10 m²

Property features

2 Bedrooms
1 Bathroom

SABRINA LAPIERRE

Residential Real Estate Broker

RE/MAX HARMONIE INC.

A great investment opportunity in Saint-Philippe! Discover this modern triplex featuring three bright, well-appointed and fully rented units. Generating annual rental income of $61,920, this property presents an attractive opportunity for investors seeking an income property in a pleasant residential setting.

At first glance, the building impresses with its timeless architecture, attractive combination of brick and exterior siding, and open surroundings.

THE UNITS
- All three units feature a spacious 2-bedroom layout, each offering two bedrooms and a full bathroom.
- The open-concept living areas seamlessly connect the living and dining rooms, creating inviting spaces perfect for gathering with family and friends, entertaining guests or simply enjoying everyday life.
- Bathed in natural light through generous windows, the living rooms offer a warm and welcoming atmosphere. Wood-toned flooring adds a touch of elegance throughout.
- The dining areas flow naturally into the living spaces, providing a comfortable setting for everyday meals and special occasions.
- The kitchens feature ample cabinetry, practical work surfaces and breakfast counters, ideal for quick meals or enjoying a morning coffee.
- The bedrooms offer comfortable dimensions and abundant natural light. The primary bedrooms provide peaceful retreats, while the second bedrooms can easily accommodate a home office or versatile living space.
- The full bathrooms feature functional layouts with a bathtub, separate shower and laundry area.

THE EXTERIOR

Outside, the property features a grassy yard and a pleasant residential setting. Paved parking areas provide added convenience for residents, while the balconies offer inviting spaces to enjoy the warmer months.

Additional outdoor storage spaces further enhance the comfort and functionality of each unit.


AN ATTRACTIVE INVESTMENT OPPORTUNITY

The building consists of three currently rented units, generating monthly rental income of $5,160, equivalent to $61,920 annually.

261: $1,700/month
263: $1,660/month
265: $1,800/month

Located in Saint-Philippe, a municipality appreciated for its peaceful atmosphere and residential charm, the property enjoys a desirable location on Montreal's South Shore. The neighbourhood offers a pleasant living environment while remaining close to local services, shopping and major roadways.

An excellent opportunity to expand your real estate portfolio with a fully rented triplex offering attractive rental income!
Dimensions 30' 1" X 35' irr.
Year constructed 2017
Living area 201.10 m²
Siding Wood, Brick
Roofing Asphalt shingles
Washer/Dryer (installation) Bathroom
Kitchen Cabinets Melamine
Bathroom Separate shower
Basement 6 feet and more, Outdoor entrance, Finished basement
Lot size 109' 10" X 118' 7" irr.
Lot area 933.70 m²
Topography Flat
Distinctive Features No rear neighbours
Driveway Asphalt
Parking (total) Driveway (6)
Proximity Bicycle path, Elementary school, Daycare centre, Public transportation, Highway, High school

Unit 1 (Monthly residential revenue)

Hall
Level: 1st level/Ground floor
Dimensions: 5'0" X 3'2"
Flooring: Ceramic
Details:
Living room
Level: 1st level/Ground floor
Dimensions: 11'10" X 12'0"
Flooring: Laminate floor
Details:
Dining room
Level: 1st level/Ground floor
Dimensions: 8'7" X 12'2"
Flooring: Laminate floor
Details:
Kitchen
Level: 1st level/Ground floor
Dimensions: 11'2" X 9'7"
Flooring: Ceramic
Details:
Primary bedroom
Level: 1st level/Ground floor
Dimensions: 12'10" X 10'7"
Flooring: Laminate floor
Details:
Walk-in closet
Level: 1st level/Ground floor
Dimensions: 4'4" X 6'0"
Flooring: Laminate floor
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 12'10" X 9'6"
Flooring: Laminate floor
Details:
Bathroom
Level: 1st level/Ground floor
Dimensions: 12'9" X 8'1"
Flooring: Ceramic
Details:
Storage
Level: 1st level/Ground floor
Dimensions: 3'8" X 6'7"
Flooring: Laminate floor
Details: Mechanical room

Unit 2 (Monthly residential revenue)

Rooms not detailed

Unit 3 (Monthly residential revenue)

Rooms not detailed
Heating System Electric baseboard units
Heating Energy Electricity
Property or unit amenity Wall-mounted air conditioning, Air exchange system
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2026)

Lot assessment
$ 291,400
Building assessment
$ 496,500
Total
$ 787,900

Taxes

Municipal (2026)
$ 6,950
School (2026)
$ 542
Total
$ 7,492

Gross annual revenues (potential)

Residential
$ 61,920
Total
$ 61,920

Inclusions

As per leases

Desjardins

Mortgage payment calculator

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