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2 bedrooms
2 bathrooms
2 half baths
Lot dimensions 961.22 ft² (89.3 m²)

Owners’ comments

Downtown Montreal, in the prestigious Plateau-Mont-Royal area, this property is a gem! One of the rare triplex that has been fully renovated with creative design and high standard materials. It could be an excellent business opportunity for an eager investor, with great income potential. 

At the moment the commercial space is divided into two shops with separate entrances, but could eventually be converted into one larger store as needed (or as a new flat, for an all residential building). Each shop has a back door that accesses a back alley, shared with the two neighbors.

Both apartments have been completely renovated:

2010-2011 (flats 1 & 2):

-six new PVC windows

-new insulated balcony metal doors; front balconies with fiberglass decking, wrought iron guards, treated wood handrail

-both bedrooms redone with hardwood floors and custom made structural clothes and linen armoires (matching the floor wood)

-fully renovated kitchens with rare exotic wood (anigre) cabinets, new appliances, stainless steel sinks, and range hoods, two-seating lunch counter, etc

-new laundry and storage space in both flats

-city gas added to the top apartment with new gas range and fireplace

-new white aluminum handrail on back balconies (decking repainted in 2020)

-roof fully redone with an elastomeric membrane

-optimum insulation and soundproofing

-entrance doors to both flats made of solid mahogany, with prestige BOUVET (France) door handles

-deluxe hardwood floors: mahogany (1st flat), walnut (second flat)

-stunning walnut stairs and handrail in the second flat, designed and handmade by a professional stairs designer. Guardrail made of steel and tempered glass

note 1: indoor staircase could link both flats to make one larger living area occupying both floors

note 2: all woodwork, floors, custom made cabinets, wood doors and part of the decor concept was provided by RENOVA Inc, a prestigious custom work company (Hotels Germain & Alt, Iris stores, Simons, etc.)

note 3: many pieces of furniture and all appliances (on site) may be negociated as part of the sale

 

 

Complete Description
Complete Description

Property features

Asking Price
$1,879,000
Style
Link
Details
Quick occupancy possible
Year of construction
1928
Building dimensions
1 126 ft² (104.61 m²)
General condition
Excellent
Certificate of Location
Yes
Courtyard orientation
West
Municipal evaluation's date
2022
Lot's municipal evaluation
$221,467
Building's municipal evaluation
$332,200
Taxes year
2023
3 Bedroom
2
Bedrooms (total)
2
Commerce(s)
2

External facing:

  • Brick
  • Stone

Foundation:

  • Cast concrete
  • Rock

Frame:

  • Wooden dunnage

Roof:

  • Elastomer membrane

Floor coverings:

  • Hardwood
  • Ceramic
  • Linoleum

Windows:

  • Aluminium
  • PVC

Heating source:

  • Electric

Electric system:

  • Breakers panel

Features:

  • Laundry room
  • Central air
  • Fireplace
  • Ceiling fixtures
  • Stove
  • Main floor laundry
  • Blinds
  • Alarm system

Kitchen:

  • Wooden cabinets
  • Melamine wood imitation finish
  • Dishwasher
  • Stove
  • Fridge

Bathroom:

  • Bath and shower
  • Ceramic Shower

Basement:

  • Partially finished
  • Concrete

Upgrades:

  • Addition
  • Cabinets
  • Heating
  • Kitchen
  • Electrical
  • Windows
  • Insulation
  • Floors
  • Plumbing
  • Doors
  • Bathrooms
  • Roof
  • Painting
  • Foundation

Location:

  • Near park
  • Public transportation

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant

Near Health Services:

  • Dentist
  • Medical center

Near Educational Services:

  • Daycare
  • Elementary school

Near Recreational Service:

  • Gym
  • Sportif center
  • Library
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Office
Storey: Main floor
Dimensions: 10' x 38' (3,05 m x 11,58 m)
Flooring: Laminate
Workshop
Storey: Main floor
Dimensions: 13' x 38' (3,96 m x 11,58 m)
Flooring: Linoleum
Balcony
Storey: 1st floor
Dimensions: 4' x 16' (1,22 m x 4,88 m)
Flooring: Soft wood
Balcony
Storey: 1st floor
Dimensions: 4' x 7' (1,22 m x 2,13 m)
Flooring: Other
Bathroom
Storey: 1st floor
Dimensions: 6' x 11' (1,83 m x 3,35 m)
Flooring: Ceramic
Bedroom
Storey: 1st floor
Dimensions: 9' x 11' (2,74 m x 3,35 m)
Flooring: Hardwood
Kitchen
Storey: 1st floor
Dimensions: 9' x 12' (2,74 m x 3,66 m)
Flooring: Linoleum
Laundry room
Storey: 1st floor
Dimensions: 8' x 8' (2,44 m x 2,44 m)
Flooring: Linoleum
Open concept
Storey: 1st floor
Dimensions: 20' x 20' (6,1 m x 6,1 m)
Flooring: Hardwood
Balcony
Storey: 2nd floor
Dimensions: 4' x 16' (1,22 m x 4,88 m)
Flooring: Other
Balcony
Storey: 2nd floor
Dimensions: 4' x 7' (1,22 m x 2,13 m)
Flooring: Other
Bathroom
Storey: 2nd floor
Dimensions: 6' x 11' (1,83 m x 3,35 m)
Flooring: Ceramic
Bedroom
Storey: 2nd floor
Dimensions: 9' x 11' (2,74 m x 3,35 m)
Flooring: Hardwood
Entrance
Storey: 2nd floor
Dimensions: 7' x 8' (2,13 m x 2,44 m)
Flooring: Hardwood
Kitchen
Storey: 2nd floor
Dimensions: 10' x 12' (3,05 m x 3,66 m)
Flooring: Linoleum
Lounge
Storey: 2nd floor
Dimensions: 5' x 7' (1,52 m x 2,13 m)
Flooring: Hardwood
Open concept
Storey: 2nd floor
Dimensions: 19' x 23' (5,79 m x 7,01 m)
Flooring: Hardwood
Utility
Storey: 2nd floor
Dimensions: 9' x 10' (2,74 m x 3,05 m)
Flooring: Linoleum
Basement
Storey: Basement
Dimensions: 24' x 40' (7,32 m x 12,19 m)
Flooring: Concrete

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$39.39
$472.65
Municipal taxes
$705.70
$8,468.44
Insurance
$166.67
$2,000.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$8,500.00
$102,000.00

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.

Need the form?

Documents to download

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.

$1,879,000

Triplex for sale

1656-1662, avenue Laurier Est

Le Plateau-Mont-Royal Montréal / l'Île

No. 919320

Quick occupancy possible
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.

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.

Do you want to sell commission-free, too?