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$989,000 +GST/QST
ULS: 19469599

Triplex for sale
3882 - 3886 Rue Ontario E., Montréal (Mercier/Hochelaga-Maisonneuve) (Mercier)

Fully rented semi-commercial triplex offering excellent return on the investment. Comprised of 2 large 5½ residential units and an occupied commercial space, this property generates stable and attractive income. The commercial lease includes annual increases as well as a contribution to expenses, ensuring strong financial performance. Well-maintained building with several improvements over the years. Located in a sought-after area, close to Joliette metro, services, and shops. Ideal opportunity for an investor or owner-occupant seeking stability and profitability.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area 390.90 m²

Property features

3 Bedrooms
1 Bathroom

CATALINA CAMACHO

Residential and Commercial Real Estate Broker

RE/MAX DU CARTIER INC.

** Current gross income: $97,215/year
** Gross income as of July 1st: $98,080/year

- 2 spacious residential units (5½), condo-style, each occupying an entire floor.
- Unit 3884 was fully renovated in 2015 and unit 3886 in 2022.
- 1 commercial unit (restaurant-bar) with a structured lease.
- The commercial unit was fully renovated in 2025.
- The commercial tenant pays 60% of the municipal and school taxes.
- The commercial lease is registered.
- The commercial tenant benefits from a right of first refusal.
- 100% rented building -- effective income.
- Additional renovations: roof and foundation walls.

** In accordance with the brokerage contract, a minimum of 48 hours' notice is required for visits and is subject to tenant availability.
Year constructed 1933
Living area 390.90 m²
Roofing Elastomeric membrane
Renovations Renovation unit 3886 (2022, 132717), Roof covering (2022, 34202), Basement (2019, 15867)
Lot size 110' X 23'
Lot area 235 m²
Proximity Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, University
Heating Energy Electricity
Rented Equipment (monthly) Water heater (1, 33)
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 293,800
Building assessment
$ 673,300
Total
$ 967,100

Taxes

Municipal (2026)
$ 16,236
School (2025)
$ 706
Total
$ 16,942

Annual expenses

Insurance
$ 4,745
Recovery of expenses
$ -10,596
Total
$ -5,851

Gross annual revenues (potential)

Residential
$ 37,896
Commercial
$ 48,720
Total
$ 86,616

Inclusions

As per leases.

Exclusions

As per leases.

Desjardins

Mortgage payment calculator

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