$1,750,000

Triplex for sale - Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

$1,750,000

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$1,750,000

Triplex for sale - Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal)

$1,750,000

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786 - 790 Av. Laurier E., Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal), H2J 1G1

Semi-commercial TRIPLEX with a AAA location in the sought after Plateau Mont-Royal! Located on a street corner between Laurier metro station and Laurier Park. Gross revenues of $82,140/annual and already confirmed increases for 2024. A very interesting investment opportunity with still so much potential for growth!

  • Lot area: 1,950 SF
  • NUMBER OF ROOMS : 14
  • Year built : 1910
PATRICIA HAMELIN
Real Estate Broker
Brokers tranquilit
CARLO SPINA
Residential Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

1910

Stone

Brick

Asphalt and gravel

Wood , Ceramic , Flexible floor coverings

Addenda
Particularities plusParticularities minus

INVESTMENT OPPORTUNITY with AAA location!

Welcome to 786-790 Laurier East. This lovely triplex located in the heart of Montreal's Plateau Mont-Royal sector and is part residential and the other part commercial. The property has been well maintained, offers interesting revenues all set in an excellent location!

THE BUILDING
-Triplex
-Built in 1910
-Street corner building
-1,950 sqft lot
-2 residential units
-1 commercial unit
-Parking
-Shed
-Nice views

THE RESIDENTIAL UNITS
786 (3rd floor)
-Tastefully renovated
-High ceilings
-2 bedrooms
-Master bedroom with pot lights and ample natural lighting
-Master bedroom walk-in with access to front balcony
-Large bathroom with double vanity, ceramic shower and separate bath
-In-unit washer/dryer in bathroom
-Large living and dining room open concept
-Kitchen with quartz countertops and access to second balcony
-Storage
-Wall mounted A/C

788 (2nd floor)
-4 bedrooms
-Washer/dryer in unit located in kitchen
-3 balconies, one larger balcony off of kitchen with unobstructed views

THE COMMERCIAL UNIT
-Lease ending in 2024 which means possibly for owner to take over the space or renew
-Dépanneur commerce store
-2,550 sqft of space
-Unfinished basement used for storage
-All business taxes paid by this unit (As per lease)

AAA LOCATION
-One minute walk to Laurier Metro station (orange line)
-Walk score of 98
-Laurier Elementary School (eng.)
-École primaire Paul-Bruchési (fr.)
-Daycare CPE Soleil du Cartier
-Sir Wilfred Laurier Park (recreational park with outdoor pool)
-Public transport buses 14, 27, 711
-Metro grocery store
-Mile End community garden

RENTS AND REVENUES TO COME:
-786 Laurier: $2,280 as of March 1st, 2024
-788 Laurier: $2,010 as of November 1st, 2023
-790 Laurier: $3,690 as of April 1st, 2024 (or possibility of occupancy)

**There is GST/QST payable on the commercial portion of the building unless you have a GST number (easily obtainable)**

Building details and property interior
Particularities plusParticularities minus

1910

Stone

Brick

Asphalt and gravel

Wood , Ceramic , Flexible floor coverings

Lot and exterior features
Particularities plusParticularities minus

25' X 78' Irregular

1,950 SF

Asphalt

Driveway : 1

Highway , CEGEP , Daycare centre , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Public transportation , University

Commercial , Residential

Room details
Particularities plusParticularities minus
Unit Room Level Dimensions Flooring Description
1 (app.) Kitchen 3rd level 8'10" X 12'4" Ceramic
1 (app.) Dining room 3rd level 11'9" X 12'6" Wood
1 (app.) Living room 3rd level 10'6" X 12'4" Wood single closet
1 (app.) Bedroom 3rd level 11'7" X 10'6" Wood single closet
1 (app.) Bathroom 3rd level 5'11" X 12'7" Ceramic
1 (app.) Primary bedroom 3rd level 11'11" X 12'8" Wood access to walk-in
1 (app.) Walk-in closet 3rd level 9'10" X 8'8" irr. Wood access to front balcony
2 (app.) Kitchen 2nd level 9'5" X 12'1" Linoleum washer/dryer,access to balcony
2 (app.) Living room 2nd level 11'9" X 12'4" Wood
2 (app.) Bedroom 2nd level 11' X 11' Wood single closet
2 (app.) Bedroom 2nd level 9'10" X 9'10" Wood access to front balcony
2 (app.) Primary bedroom 2nd level 12' X 13'3" Wood
2 (app.) Bedroom 2nd level 12' X 10'10" Wood single closet
2 (app.) Bathroom 2nd level 3'6" X 8'6" Ceramic bath/shower
Characteristics
Particularities plusParticularities minus

Electric baseboard units

Electricity

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

786 Laurier (3rd floor): Fridge, stove, washer/dryer, light fixtures, wall mounted air conditionner and 788 Laurier (2nd floor): Fridge and stove. Other: shed.

790 Laurier: AC unit, appliances.

Financial details
Particularities plusParticularities minus
Assessment (2021)
Taxes
  • (2023)
  • (2023)
Gross yearly revenu (potential)
Annual Expenses
786 - 790 Av. Laurier E., Montréal (Le Plateau-Mont-Royal) (Le Plateau-Mont-Royal), H2J 1G1
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 6.6%
  • 13.7%
  • 6.2%
  • 13.9%
  • 59.7%
  • 0.1%
  • 0.8%
  • 2.8%
  • 83.6%
  • 12.8%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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PATRICIA HAMELIN
Real Estate Broker
Brokers tranquilit
CARLO SPINA
Residential Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2021)
Taxes
  • (2023)
  • (2023)
Gross yearly revenu (potential)
Annual Expenses
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