Photo Main Photo of the property
$1,590,000
ULS: 20021305

Triplex for sale
534 Av. Birch, Saint-Lambert

Dream location! Beautiful duplex in Saint-Lambert offering exceptional potential for increased revenue. The first unit, a 4 1/2, is renting for $1,660/month, the second is a spacious 5 1/2, available to the buyer, with central air conditioning and heated bathroom floors, and the third, a 5 1/2 with air conditioning, is renting for $2,350/month. Recent renovations include a new roof and a redone sewer inlet. Ideally located near Victoria Street, the train station, parks, and schools, this building is an exceptional investment opportunity!
Sale with exclusion(s) of legal warranty - See listing broker(s)

Property features

3 Bedrooms
1 Bathroom
Stunning Revenue Triplex Property with Impressive Income Potential!

An exceptional investment opportunity awaits you in the heart of a vibrant neighborhood! This revenue-generating triplex offers a chance to own a fully renovated, high-income property, with the potential to earn over $78,000 annually. The current rental income stands at an impressive $48,120 per year, as the main home is conveniently free for the buyer to occupy or lease out. Whether you're looking to expand your portfolio or seeking a fantastic place to live with income-producing units, this property delivers on all fronts.

Key Highlights:

Annual Income Potential: Earn over $78,000 annually, with current rental income at $48,120.

Fully Renovated Units: Each unit has undergone significant updates in recent years, ensuring modern amenities and top-tier quality.

Unit Details:

Unit 1: Spacious 4.5-bedroom unit, currently leased for $1,660 per month.

Unit 2: Generously sized 5.5-bedroom unit, vacant for owner occupancy, featuring central air conditioning and heated bathroom floors.

Unit 3: Stylish 5.5-bedroom unit with air conditioning, leased at $2,350 per month.

Recent Upgrades: The roof and sewer entrance have been completely redone, along with many additional enhancements to maximize comfort and efficiency.

Impressive Features: All units are equipped with modern appliances, new flooring, and updated interiors to ensure long-term tenant satisfaction.

Proximity and Transportation:

Ideally located within walking distance to Victoria Street, offering easy access to shops, restaurants, and local amenities.

Just minutes from the suburban train station, making commuting a breeze for both tenants and owners.

Close proximity to parks, sports facilities, and both elementary and high schools, making this property perfect for families and professionals alike.

This exceptional triplex is not just a property; it's a long-term, income-generating asset ready to work for you!

Sale without Legal Warranty of Quality at Buyer's Own Risk and Peril.
Year constructed 1955
Siding Brick
Roofing Elastomeric membrane
Lot area 3,465.79 ft²
Proximity Highway, CEGEP, Daycare centre, Golf, Hospital, Metro, Park, Bicycle path, Elementary school, Alpine skiing, High school, Cross-country skiing, Snowmobile trail, ATV trail, Commuter train, Public transportation, University

Unit 1 (Monthly residential revenue)

Hall
Level: 1st level/Ground floor
Dimensions: 4'8" X 7'8"
Flooring:
Details:
Kitchen
Level: 1st level/Ground floor
Dimensions: 10'0" X 15'3"
Flooring:
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Dining room
Level: 1st level/Ground floor
Dimensions: 10'3" X 10'0"
Flooring:
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Living room
Level: 1st level/Ground floor
Dimensions: 12'7" X 10'2"
Flooring:
Details:
Primary bedroom
Level: 1st level/Ground floor
Dimensions: 11'9" X 10'7"
Flooring:
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 11'0" X 8'5"
Flooring:
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 9'0" X 12'0"
Flooring:
Details:
Walk-in closet
Level: 1st level/Ground floor
Dimensions: 3'6" X 8'5"
Flooring:
Details:
Hall
Level: 1st level/Ground floor
Dimensions: 15'0" X 3'0"
Flooring:
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Bathroom
Level: 1st level/Ground floor
Dimensions: 9'0" X 6'5"
Flooring:
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Unit 2 (Monthly residential revenue)

Rooms not detailed

Unit 3 (Monthly residential revenue)

Rooms not detailed
Heating System Electric baseboard units, Thermo-pump
Heating Energy Electricity
Property or unit amenity Air exchange system, Central heat pump
Water Supply Municipality
Sewage System Municipality
Occupancy Single

Financial details

Municipal assessment (2025)

Lot assessment
$ 322,100
Building assessment
$ 852,700
Total
$ 1,174,800

Taxes

Municipal (2025)
$ 8,541
School (2024)
$ 659
Total
$ 9,200

Gross annual revenues (potential)

Residential
$ 78,120
Total
$ 78,120
Desjardins

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