$789,900
Triplex for sale - Montréal (Le Plateau-Mont-Royal) (Mile-End)
$789,900
$789,900
Triplex for sale - Montréal (Le Plateau-Mont-Royal) (Mile-End)
$789,900
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173 - 177 Av. Fairmount E., Montréal (Le Plateau-Mont-Royal) (Mile-End), H2T 1E3
Have you been looking for a property in the mile-end, but always discouraged due to their price point?! Well, here she is ladies and gentleman! Rarely do we see an investment property in the Plateau 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 2 stable tenants whom of which have great payment habits and one unit ready to be optimized! but more importantly is located just steps from services, amenities, transportation, all within minutes.
-
Lot area:
786 SF - NUMBER OF ROOMS : 0
- Year built : 1910
Building details and property interior
18'6" X 38'9" Irregular
1910
PVC
Sliding , Guillotine
Concrete blocks , Stone
Aggregate , Brick
Elastomeric membrane
Wood , Ceramic , Laminate floor
Wood
Addenda
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 its main unit ready to be optimized immediately. 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.
**Please note the main unit is available to the purchaser as of immediately (Rent Potential of approx. $1,300/Month)**
Building details and property interior
18'6" X 38'9" Irregular
1910
PVC
Sliding , Guillotine
Concrete blocks , Stone
Aggregate , Brick
Elastomeric membrane
Wood , Ceramic , Laminate floor
Wood
Lot and exterior features
18'6" X 42'6"
785.77 SF
Flat
License tag : 2
Grocery Stores, Restaurants, Cafe's , Highway , CEGEP , Daycare centre , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Public transportation , University
Residential
Characteristics
Electric baseboard units
Electricity
Municipality
Municipality
Included & Excluded
3x Hot Water Tanks, 3x Stove Huts.
All tenants personal belongings.
Financial details
Assessment (2023)
Taxes
- (2022)
- (2022)
Gross yearly revenu (potential)
NEIGHBOURHOOD STATISTICS
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9.6%
-
14.2%
-
5.3%
-
14.1%
-
56.8%
-
0.2%
-
1.9%
-
7.8%
-
74.9%
-
15.2%
MORTGAGE PAYMENTS CALCULATOR
- These online tools were created to help you plan and achieve your goals, and to answer your housing questions. They are for personal use only.
- The results are based on the information you enter. Please contact your caisse advisor for more specific advice, for if you would like to apply for a loan or pre-approval.
-
Calculations are made using the following basic assumptions:
- The mortgage interest rate stays the same throughout the amortization period.
- The results of this calculator are estimates based on the general information you’ve entered. They can change depending on your financial situation and budget when the loan is granted.
- Note: This tool is intended to help you calculate and optimize your payments on a current mortgage loan, or one you are considering. These rates do not include any life or disability insurance. They are subject to change without notice. Some conditions apply.
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?
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GERLANDO BARONELLO
RE/MAX ALLIANCE | 3299 rue Beaubien Est, Montréal, Québec, H1X 1G4
- Ofc. : 514-374-4000 |
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- These online tools were created to help you plan and achieve your goals, and to answer your housing questions. They are for personal use only.
- The results are based on the information you enter. Please contact your caisse advisor for more specific advice, for if you would like to apply for a loan or pre-approval.
-
Calculations are made using the following basic assumptions:
- The mortgage interest rate stays the same throughout the amortization period.
- The results of this calculator are estimates based on the general information you’ve entered. They can change depending on your financial situation and budget when the loan is granted.
- Note: This tool is intended to help you calculate and optimize your payments on a current mortgage loan, or one you are considering. These rates do not include any life or disability insurance. They are subject to change without notice. Some conditions apply.