$769,900

Triplex for sale - Montréal (Mercier/Hochelaga-Maisonneuve) (Mercier)

$769,900

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$769,900

Triplex for sale - Montréal (Mercier/Hochelaga-Maisonneuve) (Mercier)

$769,900

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5135 - 5139 Rue Louis-Veuillot, Montréal (Mercier/Hochelaga-Maisonneuve) (Mercier), H1M 2N4

Clean and well maintained triplex with an exceptional location near all services, amenities and public transport! This property has been well managed and still leaves room for income growth for the next buyers! Please note all units are rented so visits must be scheduled minimum 72hrs in advance and the units who can accommodate will show the unit. Please note that all offers must be sent to gerlando@groupebaronello.com and come with a recent pre-approval.

  • Lot area: 2,387 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1941
GERLANDO BARONELLO
Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

26'5" X 36'5"

1941

PVC

Sliding , Tilt and turn

Poured concrete

Brick

Asphalt and gravel

Wood , Ceramic , Parquetry , Tiles

Wood

Addenda
Particularities plusParticularities minus

5135 - 5139 Louis-Veuillot | Triplex in Mercier

Unit Types:
5135 - 3 1/2 = 500$/Month
5137 - 3 1/2 = $1,000/Month
5139 - 6 1/2 = $1,3115/Month

Groupe Baronello is pleased to present this excellent investment opportunity that is well located, clean, and offers great optimization possibilities for the next purchaser! Offering a great quality tenant, easy rentability and close to all services + amenities, this property makes investing an easy choice and a future proof property!

The Property:
Triplex offering one fully renovated unit, one semi renovated unit and the last which is ready for full optimization! It has been well maintained by the current and the past owner and truly offers a unique investment opportunity. sitting on just over 2300ft2 of land, this low maintenance property truly does answer to all your investment needs.

The Location:
Mercier remains one of Montreal's most in demand locations due to its proximity to three hospitals, 3 metro stations, elementary and high schools as well easy access to the east and west side of Montreal due to it's proximity to a number of main artery streets! Nestled between Sherbrooke, Rosemont, Langelier and Dickson this property is surrounded by everything you and your tenants will need in the long and short term!

The Investment:
Currently generating just over $33,000 of yearly income with room to optimize in the future bringing those numbers closer to $45,000 per year, this property is a great entry level investment as well as a fantastic addition to your portfolio. It's low maintenance and great quality tenants make it easy for a first time investor or seasoned buyers alike. Long term this property offers the potential revenue, location, size and style that make it an easy decision!

Building details and property interior
Particularities plusParticularities minus

26'5" X 36'5"

1941

PVC

Sliding , Tilt and turn

Poured concrete

Brick

Asphalt and gravel

Wood , Ceramic , Parquetry , Tiles

Wood

Lot and exterior features
Particularities plusParticularities minus

26'5" X 90'5"

2,387 SF

Fenced , Landscaped

Flat

Restaurants, Cafe's, Schools, Etc. , Highway , CEGEP , Daycare centre , Golf , 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. Unit 5135: Washer, Dryer, Fridge and stove.

All personal belongings of the tenants.

Financial details
Particularities plusParticularities minus
Assessment (2023)
Taxes
  • (2023)
  • (2023)
Gross yearly revenu (potential)
5135 - 5139 Rue Louis-Veuillot, Montréal (Mercier/Hochelaga-Maisonneuve) (Mercier), H1M 2N4
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 14.2%
  • 19.3%
  • 9.5%
  • 17.8%
  • 39.2%
  • 3.5%
  • 3.3%
  • 12.0%
  • 75.5%
  • 5.7%
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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GERLANDO BARONELLO
Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2023)
Taxes
  • (2023)
  • (2023)
Gross yearly revenu (potential)
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My name is GERLANDO BARONELLO, RE/MAX real estate broker. How may I help you?

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