$799,900

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

$799,900

Loading property...

$799,900

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

$799,900

Next Open House

173 - 177 Av. Fairmount E., Montréal (Le Plateau-Mont-Royal) (Mile-End), H2T 1E3

Have you been hunting for a property in the Mile-End but keep can't afford it with your current budget? Welcome to Ave. Fairmount Est! The perfect entry level investment property in Montreal's sought out sector Le Plateau! This property offers a low maintenance, low cost response to todays high prices and interest rates. With good sized units and great quality tenants, this property makes for a fantastic long term investment and perfect place to start your real estate portfolio. Once maximized, this property can become a cash-cow that will allow your investment dreams to come true!

  • Lot area: 786 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1910
GERLANDO BARONELLO
Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

34'5" X 18'8"

1910

Guillotine

Concrete blocks , Stone

Brick

White , Elastomeric membrane

Ceramic , Parquetry , Laminate floor

Wood

Addenda
Particularities plusParticularities minus

173-177 Av. Fairmount Est. | Affordable Investment Opportunity.

Rarely do we see an investment property in the mile-end priced at under $800,000, but here we have what I believe to be one of the best investments on the market today! This semi-detached triplex offers three comfortably sized 3 1/2's with stable tenants whom of which have great payment habits, but more importantly is located just steps from all services, amenities and transportation. Within minutes, your tenants can access cafe's, restaurants, government services, metro stations, grocery stores, bars, daycares, schools and so much more! Making this the ideal first investment property for any young investor.

Although numbers are just shy of breaking even due to todays interest rates, this property has the ability to be maximized to its full potential and become a fantastic long term investment that can help you start your real estate portfolio and build equity. With rent increases, a few renovations and a bit of elbow grease, Fairmount Est can be your first step to financial freedom!

Sitting on just under 800ft of land, with little to no general maintenance (snow removal/landscaping) this property is minutes from Montreal staples such as Café Olimpico, Fairmount Bagels, St-Viateur Bagels, and over 100 other restaurants and cafes. Just steps from main arteries such as St.Joseph Boulevard, St.Laurent Boulevard, and easy access to Metro stations, bus stops and bike paths, this property is guaranteed to be fully rented for years to come! With gentrification happening in the industrial/commercial sectors nearby combined with this properties fantastic walk score, finding tenants will be no problem at all!

The saying "Don't wait to buy real estate, buy real estate and wait" could never ring more true than it does with Fairmount Est. A low cost investment opportunity that can truly open the doors to built equity, quality tenants and more important than anything else, having your own footprint in Montreal's most coveted neighbourhood, Le Plateau Mont-Royal.

Building details and property interior
Particularities plusParticularities minus

34'5" X 18'8"

1910

Guillotine

Concrete blocks , Stone

Brick

White , Elastomeric membrane

Ceramic , Parquetry , Laminate floor

Wood

Lot and exterior features
Particularities plusParticularities minus

786 SF

Flat

View of the city

License tag : 2

Pastries, Grocery Stores, Restaurants, Cafe's , Highway , CEGEP , Daycare centre , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Commuter train , Public transportation

Residential

Characteristics
Particularities plusParticularities minus

Electric baseboard units

Electricity

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

3x Hot Water Tanks, 3x Stove Huts.

All personal belongings of the tenants.

Financial details
Particularities plusParticularities minus
Assessment (2023)
Taxes
  • (2022)
  • (2022)
Gross yearly revenu (potential)
173 - 177 Av. Fairmount E., Montréal (Le Plateau-Mont-Royal) (Mile-End), H2T 1E3
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 11.5%
  • 14.4%
  • 6.2%
  • 14.3%
  • 51.4%
  • 0.3%
  • 1.3%
  • 6.4%
  • 77.1%
  • 14.4%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
Powered by LocalLogic
+Show more stats -Hide stats
GERLANDO BARONELLO
Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2023)
Taxes
  • (2022)
  • (2022)
Gross yearly revenu (potential)
×

My name is GERLANDO BARONELLO, RE/MAX real estate broker. How may I help you?

Do you have a question?