$749,000
New
ULS: 9576215
Triplex
for sale
6951 - 6959 Rue Notre-Dame E., Montréal (Mercier/Hochelaga-Maisonneuve) (Hochelaga-Maisonneuve)
6951 and 6959 Notre-Dame East Street and 501 Lyall Street. Exceptional investment opportunity! The two residential rental units (6959 and 501) will be vacant as of July 1, 2026, offering strong potential for future optimization. Unit 501 can easily be converted to include a fourth bedroom. Current annual revenue is $67,200. Unit 6959 has been fully renovated, with several new windows, a significant portion of the roof recently replaced, and electric heating throughout the entire building. 4,000 sq. ft. commercial space featuring a usable basement, along with warehouse and garage space.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
2
Bedrooms
1
Bathroom
ANNABELLE BOUCHARD
Residential and Commercial Real Estate Broker
Addendum
Rent Details and Lease Status:
-6951 (commercial): $2,748.42 + taxes = $3,160/month
Lease from July 1, 2025 to June 30, 2026. Net lease.
Will be renewed at $2,885.84 + taxes = $3,318/month from July 1, 2026 to June 30, 2027.
-6959 (residential): $1,360/month
Lease from July 1, 2025 to June 30, 2026.
Notice of non-renewal effective July 1, 2026 received from the tenant.
-501 (residential): $1,090/month
Lease from July 1, 2025 to June 30, 2026.
Notice of non-renewal effective July 1, 2026 received from the tenant.
Water Heaters:
-6951: Leased water heater. Also supplies hot water to Unit 501.
The tenant of Unit 501 pays $50/month to the commercial tenant for hot water.
-6959: Has its own water heater (owned, not rented), located in the basement.
The immovable is subject to goods and services tax and the Quebec sales tax on 60% of its value.
-6951 (commercial): $2,748.42 + taxes = $3,160/month
Lease from July 1, 2025 to June 30, 2026. Net lease.
Will be renewed at $2,885.84 + taxes = $3,318/month from July 1, 2026 to June 30, 2027.
-6959 (residential): $1,360/month
Lease from July 1, 2025 to June 30, 2026.
Notice of non-renewal effective July 1, 2026 received from the tenant.
-501 (residential): $1,090/month
Lease from July 1, 2025 to June 30, 2026.
Notice of non-renewal effective July 1, 2026 received from the tenant.
Water Heaters:
-6951: Leased water heater. Also supplies hot water to Unit 501.
The tenant of Unit 501 pays $50/month to the commercial tenant for hot water.
-6959: Has its own water heater (owned, not rented), located in the basement.
The immovable is subject to goods and services tax and the Quebec sales tax on 60% of its value.
Building details and property interior
Dimensions
54' 11" X 106' irr.
Year constructed
1950
Lot and exterior features
Lot size
54' 10" X 108' 10" irr.
Lot area
535.40 m²
Characteristics
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 348,000
- Building assessment
- $ 413,800
- Total
- $ 761,800
Taxes
- Municipal (2025)
- $ 10,073
- School (2025)
- $ 552
- Total
- $ 10,625
Annual expenses
- Insurance
- $ 3,626
- Other
- $ 168
- Total
- $ 3,794
Gross annual revenues (potential)
- Residential
- $ 29,280
- Commercial
- $ 37,920
- Total
- $ 67,200
Inclusions and exclusions
Mortgage payment calculator
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