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Triplex for sale

3876 - 3880, Rue Ontario Est, Montréal (Mercier/Hochelaga-Maisonneuve), Neighbourhood Hochelaga-Maisonneuve

$790,000 +GST/QST or
$790,000 +GST/QST or

Triplex for sale

3876 - 3880, Rue Ontario Est, Montréal (Mercier/Hochelaga-Maisonneuve), Neighbourhood Hochelaga-Maisonneuve

Features

Lifestyle
22464667 790000 /en/triplexes~for-sale~montreal-mercier-hochelaga-maisonneuve/22464667?view=Summary /fr/triplex~a-vendre~montreal-mercier-hochelaga-maisonneuve/22464667 https://passerelle.centris.ca/redirect.aspx?NoMLS=22464667&Lang=E&source=centris.ca /en/triplexes~for-sale~montreal-mercier-hochelaga-maisonneuve/22464667/photos 45.5481010000 -73.5425920000 true
Use of property
Residential, Commercial
Building style
Attached
Year built
1910
Available commercial area
900 sqft
Building area (at ground level)
1,325 sqft
Number of units
Residential (2), Commercial (1)
Residential units
2 x 5 ½
Main unit
5 rooms, 3 bedrooms, 1 bathroom
Potential gross revenue
$57,600
Additional features
Basement 6 feet or +
Move-in date
45 days after acceptance of promise to purchase or rent
98

Description

Exceptional opportunity for professionals, self-employed individuals, or investors due to its outstanding CAP rate. Priced at just over 13 times its annual revenue, this property is an absolute steal for investors. Ideal for those seeking commercial space for their business without breaking the bank, it also offers the added benefit of two residential rental incomes to secure your financial stability. The cherry on top is its prime location on Ontario Street in a bustling neighborhood, just minutes from downtown Montreal, metro, public transportation, and more. This is a rare find that combines financial sense with a strategic location.
Centris No. 22464667

Financial details

Municipal assessment (2021)
Lot $149,500
Building $508,800
Total $658,300
Taxes
Municipal (2024) $9,182
School (2024) $533
Total $9,715

Listing broker

Sudha Halder, Residential and Commercial Real Estate Broker

Sudha Halder

Residential and Commercial Real Estate Broker
Sudha Halder Inc.

VENDIRECT INC.

Real Estate Agency
VENDIRECT INC., Real Estate Agency

Location

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Discover Montréal (Mercier/Hochelaga-Maisonneuve)

Population (2016) 136,024
Population variation between 2011 and 2016 3%
Population density 5,347 hab/km2
Unemployment rate (2016) 9%

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property. Click here for more information.
  • Learn more about property transfer tax by clicking here.
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