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$1,199,000
ULS: 21917905

Triplex for sale - Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

3547 - 3551 Rue de Bordeaux, Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)
Beautiful triplex that has benefited from significant recent aesthetic renovations. Ground floor available for immediate occupancy by the buyer, renovated in 2023, with 3 closed bedrooms, open-concept common living spaces, private yard, GARAGE, and basement for storage. Two 3.5-room apartments on the second floor are modernized with excellent income. Possibility to build an additional floor on the building, a prime location just steps away from services and Lafontaine Park!
Sale without legal warranty of quality, at the buyer's risk and peril.

Property features

3 Bedrooms
1 Bathroom

GAEL LESCALIER

Real Estate Broker

RE/MAX DU CARTIER INC.

NICOLAS ZAGURY

Residential Real Estate Broker

RE/MAX DU CARTIER INC.

Prime location in a family-friendly neighborhood, with a coveted alleyway for children and families in the area Just steps away from Lafontaine Park and all amenities, including cafes, grocery stores, public transportation, schools, and bike paths. Triplex with excellent income, situated on a beautiful quiet one-way street with mature trees.

PROFITABLE BUILDING:
Transferable mortgage balance of $550,000 to the buyer at a fixed rate of 1.79%, with a term until May 17, 2026.
Potential monthly rental income from the ground floor: $2,800
Actual income from the two rental units on the 2nd floor: $2,550
Total potential monthly income: $5,350
Possibility of double occupancy to be discussed.

BUILDING FEATURES:

GROUND FLOOR (3547):
Potential rental income of $2,800
Available for immediate occupancy
Area of 1,127 sq. ft. (gross)
Renovations include flooring, plumbing, and electrical systems, doors (interior and exterior), and windows
Open-concept living spaces with integrated wall unit
New kitchen with ample storage and central island
Completely renovated bathroom in a classic and timeless style
Three REAL bedrooms with closets
Windows on three facades
Laundry on the ground floor
Concrete slab basement for storage
Small backyard accessible from the living room
Single garage (currently rented with the unit at #3551)


2nd Floor (3551):
Currently rented for $1350/month
Renovations to flooring, plumbing, and electricity, interior and exterior doors, and windows
Kitchen and bathroom renovated in 2022
Laundry in the bathroom
One closed bedroom
Abundant windows on three facades
Storage in the shed above the garage

2nd Floor (3549):
Currently rented for $1200/month
Renovations to flooring, exterior doors, and windows
Modern but not new kitchen
Bathroom renovated in 2022
Storage in the shed above the garage

NB:
Triplex built on 2 floors (acquired right). Possibility to build a third floor. Information to be verified and confirmed by the buyer with the city according to zoning regulations (see location certificate and the section CONSTRUCTIONS GRANTED BY ACQUIRED RIGHTS in zoning by-law 01-277, articles 661 to 664, and 674).
At the back of the building, there is a two-story shed with a garage on the first level, and two storage units for the tenants on the 2nd floor accessible from their rear balconies.
Dimensions 25' 5" X 44' 2"
Year constructed 1928
Windows PVC
Siding Brick
Roofing Asphalt shingles
Garage Single width, Detached
Basement Low (less than 6 feet), Unfinished
Lot size 25' 5" X 79'
Distinctive Features Street corner
Parking (total) Garage (1)
Proximity CEGEP, Daycare centre, Hospital, Park, Bicycle path, Elementary school, High school, Cross-country skiing, Public transportation, University, Highway

Unit 1 (Monthly residential revenue)

Hall
Level: 1st level/Ground floor
Dimensions: 3'3" X 3'3"
Flooring: Ceramic
Details:
Living room
Level: 1st level/Ground floor
Dimensions: 3'3" X 3'3"
Flooring: Wood
Details:
Dining room
Level: 1st level/Ground floor
Dimensions: 3'3" X 3'3"
Flooring: Wood
Details:
Kitchen
Level: 1st level/Ground floor
Dimensions: 3'3" X 3'3"
Flooring: Wood
Details:
Primary bedroom
Level: 1st level/Ground floor
Dimensions: 3'3" X 3'3"
Flooring: Wood
Details:
Bathroom
Level: 1st level/Ground floor
Dimensions: 3'3" X 3'3"
Flooring: Ceramic
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 3'3" X 3'3"
Flooring: Wood
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 3'3" X 3'3"
Flooring: Wood
Details:
Storage
Level: Basement 1
Dimensions: 3'3" X 3'3"
Flooring: Concrete
Details:

Unit 2 (Monthly residential revenue)

Rooms not detailed

Unit 3 (Monthly residential revenue)

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

Financial details

Municipal assessment (2021)

Lot assessment
$ 354,200
Building assessment
$ 506,200
Total
$ 860,400

Taxes

Municipal (2023)
$ 5,320
School (2023)
$ 648
Total
$ 5,968

Gross annual revenues (potential)

Residential
$ 64,200
Total
$ 64,200

Inclusions

Stove from 3551, range hoods, water heaters

Exclusions

Tenants' personal belongings and effects

Desjardins

Mortgage payment calculator

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