6 bedrooms
3 bathrooms
Lot dimensions 1,588.75 ft² (147.6 m²)

Owners’ comments

Automated translation

Renovated semi-detached triplex, ground floor free historic area, facing a park and a school!

Discover this characterful triplex built in 1927, composed of three large 4 ½ of approximately 1000 ft² each, all with hardwood floors (real color of the floors see the last photo), front and rear balconies, and outdoor shed.

The ground floor, freshly renovated (kitchen 2023, bathroom 2025), is available now: perfect for an owner-occupier who wants to move to a sought-after neighborhood while letting the two upper floors pay a large part of the mortgage.

Current earnings:

  • 2nd floor: $954/month (bathroom renovated in 2018)
  • 3rd floor: $973/month
  • Ground floor: free, potential $1,600 to $2,000/month

Potential annual gross revenue: $44,000 to $48,000, with still room for optimization.

Major renovations already completed:

  • Main water inlet (2025)
  • Ground floor bathroom (2025)
  • 2nd and 3rd floor front balcony doors (2024)
  • Ground floor cuisine (2023)
  • 2nd bathroom (2018)
  • Front and back balconies (2017)
  • Water heaters (2017)
  • South side brick wall (2015)


Prime location: historic district of Maison St-Gabriel, only 3 km from downtown Montreal, with bus stop and Bixi station around the corner. You also benefit from easy access to Lasalle and Charlevoix metro stations, as well as to the future Griffintown-Bernard-Landry REM station (corner Wellington and Bridge). Quick access to the Victoria and Samuel de Champlain bridges

.

Within walking distance of the Lachine Canal, the Atwater Market and Old Montreal, the building offers an exceptional urban living environment: park and school across the street, CLSC nearby, amenities within walking distance.

A rare opportunity in a sector in high demand, ideal for an investor or owner-occupier. This type of building is rarely available and will not remain on the market for long.

Building built in 1927, sold without legal guarantee of quality.

Additional information

  • Visit by appointment only, two people at a time.
  • Financial pre-approval required
  • Abstaining agents
Complete Description
Complete Description

Property features

Asking Price
$1,075,000
Details
To discuss
Year of construction
1929
Building dimensions
25.32x47.05 ft (7.72x14.34 m)
Occupation rate
40
Certificate of Location
Yes
Courtyard orientation
South-West
Lot's municipal evaluation
$221,400
Building's municipal evaluation
$924,100
2 Bedroom
3

External facing:

  • Brick

Roof:

  • Elastomer membrane

Heating source:

  • Electric

Features:

  • Ceiling fixtures

Kitchen:

  • Wooden cabinets

Bathroom:

  • Bath and shower

Basement:

  • Low (6 feet or under)
  • Crawl space

Upgrades:

  • Cabinets
  • Heating
  • Kitchen
  • Plumbing
  • Bathrooms
  • Painting

Location:

  • Highway access
  • Near park
  • Residential area
  • Public transportation

Lot description:

  • Corner lot

Near Commerce:

  • Supermarket
  • Drugstore
  • Restaurant
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School
  • University

Near Recreational Service:

  • Sportif center
  • Library
  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$63.54
$762.51
Municipal taxes
$590.46
$7,085.54
Insurance
$294.42
$3,533.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$3,727.00
$44,724.00

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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$1,075,000

Triplex for sale

500-502-504, rue Fortune Le Sud-Ouest Montréal / l'Île

No. 1112844

To discuss
Are you interested in this property?
Here’s how to contact the owner
Send a message

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
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
Send a message

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
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.