4 bedrooms
1 bathroom
Lot dimensions 1 142 ft² (106.1 m²)

Owners’ comments

Typical Plateau triplex, featuring three 4 1/2 units, well-maintained over the years. Unbeatable location, just 60 seconds on foot from Laurier Metro and within a short walk of everything you need: supermarkets, cafes, parks, convenience stores, and a variety of restaurants, including some of Montreal's most iconic spots.

The property has seen numerous renovations over the years, including a new roof in 2015, and updated balconies and staircases in 2016. Two of the units have also been recently renovated in 2023-24.

With current rents of $1,080, $1,090, and $1,300, there is significant potential for rent optimization.

A rare find in the neighborhood, perfect for investors or owner-occupiers looking for a prime location and growth potential.

Complete Description
Complete Description

Property features

Asking Price
$1,200,000
Details
No agents
Year of construction
1926
Building dimensions
2 166 ft² (201.23 m²)
General condition
Standard
Occupation rate
100
Certificate of Location
Yes
Municipal evaluation's date
2024
2 Bedroom
3
Bedrooms (total)
4

Room dimensions

Storey
Room
Dimensions
Flooring
Bathroom
Storey: 2nd floor
Dimensions: 8' 10" x 4' (2,69 m x 1,22 m)
Flooring: Ceramic
Bedroom
Storey: 2nd floor
Dimensions: 10' 1" x 9' (3,07 m x 2,74 m)
Flooring: Hardwood
Bedroom
Storey: 2nd floor
Dimensions: 9' 9" x 10' 7" (2,97 m x 3,23 m)
Flooring: Hardwood
Kitchen
Storey: 2nd floor
Dimensions: 13' 5" x 9' (4,09 m x 2,74 m)
Flooring: Ceramic
Living room
Storey: 2nd floor
Dimensions: 9' 2" x 8' 4" (2,79 m x 2,54 m)
Flooring: Hardwood
Walk In
Storey: 2nd floor
Dimensions: 9' x 2' 5" (2,74 m x 0,74 m)
Flooring: Hardwood

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Municipal taxes
$49.77
$597.27
Insurance
$496.67
$5,960.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$3,470.00
$41,640.00

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.

$1,200,000

Triplex for sale

5196-5202-5204, rue Rivard Le Plateau-Mont-Royal Montréal / l'Île

No. 1081851

No agents
Contact the owner Select the desired contact option among those that have been activated:
Send a message

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 Select the desired contact option among those that have been activated:
Send a message

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.