3 bedrooms
1 bathroom
Lot dimensions 2,125 ft² (197.42 m²)

Owners’ comments

Automated translation

Superb triplex in the heart of Hochelaga-Maisonneuve. A solid, profitable and strategically located building

.

Magnificent triplex with distinctive architectural characteristics offering an exceptional opportunity, both for a wise investor and for an occupying owner. The building stands out for its spacious homes, which are easy to rent and generate excellent income, in a sector in high demand.

The accommodations
The three apartments are 5 ½ of approximately 1,000 ft², each with a unique character.

Ground floor (571): 3 closed bedrooms. Large fenced backyard overlooking an intimate and shaded green alley, a rare and sought-after asset in the area.
Current rent: $1,479/month.
Tenants plan to buy a house soon, which will offer the possibility of adjusting the rent to its full market value or occupying the unit.
2nd floor (573): 2 bedrooms (including a double room), very bright living space thanks to the east-west orientation of the building.
Rent: $1,653/month.
3rd floor (575): 3 bedrooms. Housing less renovated, but full of potential and already well rented. Possibility of release in July according to the agreement with the tenants.
Rent: $1,653/month.

Current annual revenue: $57,420 Projected
revenue as of July 2026: $59,940

Works and improvements

Property owned since December 2007 and carefully maintained over the years:

  • Replacement of the 7 windows on the facade (2024)
  • Complete repair and painting of cornices and decorative architectural elements on the facade (3rd floor) (2024)
  • Replacement of the 3 electrical panels (2024)
  • Replacing the 3 rear windows (2020)
  • Replacing balcony support posts and front stairs (2019)
  • Joining the facade (2012)
  • Replacing fibreglass rear balconies (2011)
  • Complete replacement of soffits and flashings on the rear balconies (2011)
  • Replacing the lead water inlet (2010)
  • Installation of a steel support beam along the entire length of the building (2007)

A prime location

Located in the sought after area of Hochelaga-Maisonneuve, one of the most dynamic and vibrant neighborhoods in Montreal:

Within walking distance of the Maisonneuve Market, local shops, trendy cafes and restaurants, and the bike path that runs along Notre-Dame
Proximity to the magnificent Maisonneuve Park Quick
access to the Montreal Botanical Garden and the Olympic Stadium
Excellent public transport service, especially via the Pie-IX and Joliette metro stations, especially via the Pie-IX and Joliette metro stations, especially via the Pie-IX and Joliette metro stations
Neighborhood in constant development, very attractive to young professionals and families
A vibrant sector that combines neighborhood life, green spaces, culture and accessibility

.
Complete Description
Complete Description

Property features

Asking Price
$1,029,000
Details
With income
Year of construction
1900
Building dimensions
25x40 ft (7.62x12.19 m)
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
East
Lot's municipal evaluation
$266,500
Building's municipal evaluation
$492,900
Annual income
$59,940.00
2 Bedroom
1
3 Bedroom
2

External facing:

  • Stone

Foundation:

  • Rock

Roof:

  • Gravel and asphalt

Heating source:

  • Electric

Features:

  • Ceiling fixtures

Kitchen:

  • Melamine cabinets
  • Pine cabinets

Bathroom:

  • Bath and shower

Basement:

  • Unfinished
  • Crawl space

Upgrades:

  • Electrical

Location:

  • Near park
  • No backyard neighbors
  • Residential area
  • Public transportation

Lot description:

  • Fenced

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Bar

Near Health Services:

  • Hospital
  • Dentist

Near Educational Services:

  • Daycare
  • Elementary school
  • High School

Near Recreational Service:

  • Gym
  • Sportif center
  • Library
  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$43.81
$525.68
Municipal taxes
$385.97
$4,631.67
Insurance
$177.49
$2,129.86

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$4,995.00
$59,940.00

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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$1,029,000

Triplex for sale

571-573-575, rue Aylwin Mercier / Hochelaga / Maisonneuve Montréal / l'Île

No. 1124322

With income
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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.