2 bedrooms
1 bathroom
Lot dimensions 5 000 ft² (464.52 m²)

Owners’ comments

Excellent investment opportunity 2015 modern, spacious and low-maintenance triplex with stable tenants

Beautiful and well-maintained triplex offering strong and stable rental income, ideal for an investor looking for a turnkey property with minimal day-to-day involvement.

The current rents represent a total monthly rental income of $4,980 and an annual gross income of approximately $59,760.

One of the greatest strengths of this property is the quality of the tenants. The triplex is occupied by fantastic, stable, reliable and self-sufficient tenants who pay well and take care of their living environment. Over time, they have created a small respectful community within the building, making this property very easy to manage.

Each apartment offers approximately 1,150 sq. ft. of living space, with:

2 large bedrooms
Spacious open-concept living area
Large bathroom with separate bathtub and shower
Private laundry room in each unit
Heat pump
Smart thermostats
Large windows with great natural light
Ample interior storage
Exterior shed/storage space
The property requires very little maintenance, with the main recurring responsibility being snow removal. Recent improvements include:

Uni-stone / paving stone installation
Electric vehicle charging station
Irrigation system
This is a perfect property for an investor looking for stable high revenue, excellent tenants and a low-maintenance rental building.

The reason for selling is relocation out of province for work.

Complete Description
Complete Description

Property features

Asking Price
$1,275,000
Style
Detached
Details
With income
Year of construction
2015
Building dimensions
10.01x10.6 ft (3.05x3.23 m)
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
South
Number of parkings
4
Lot's municipal evaluation
$232,300
Building's municipal evaluation
$877,400
Annual income
$60,000.00
2 Bedroom
3

External facing:

  • Brick

Foundation:

  • Cast concrete

Roof:

  • Asphalt shingle

Heating source:

  • Electric
  • Thermo-pump

Features:

  • Laundry room
  • Shed
  • Air exchanger
  • Ceiling fixtures
  • Blinds
  • Walk-in closet
  • Electric vehicle charging station

Kitchen:

  • Island

Bathroom:

  • Freestanding bathtub
  • Separate Shower

Parking / Driveway:

  • Asphalt
  • Double drive

Location:

  • Near park
  • Residential area
  • Public transportation

Lot description:

  • Fenced
  • Patio/deck
  • Landscaped

Near Commerce:

  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Hospital

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school

Near Recreational Service:

  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$57.00
$684.00
Municipal taxes
$605.83
$7,270.00
Insurance
$216.67
$2,600.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$5,000.00
$60,000.00

The steps involved in buying a property

Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.

1
Financing

One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.

2
Offer to purchase

The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.

3
Conditions of purchase

The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.

4
Property transfer

The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.

Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!

More details on these steps

See our All about buying section.

Download the legal documents that you need

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$1,275,000

Triplex for sale

1640-1642-1644, rue georges Longueuil (St-Hubert) Montérégie (Rive-Sud Montréal)

No. 1136652

With income
Are you interested in this property?
Here’s how to contact the owner

Are you a real estate agent?

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.
Are you interested in this property?
Here’s how to contact the owner

Are you a real estate agent?

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.