Triplex near Langelier metro (green line) with garage, offering major upside! Composed of 2 x 4.5 and 1 x 3.5, it generates $36,384/year with rents well below market--ideal for value-add investors. Listed below replacement cost with huge potential to renovate, raise rents, refinance, and pull out your down payment. Adjusted NOI: $30,064. GIM: 18.31. Cap rate: 4.63%. Rare opportunity in a rapidly growing area--act fast before it's gone!
26' X 32'
1958
Asphalt shingles
Attached , Single width
Addendum -- 2536--2540 Av. Parkville, Montréal (H1N 3A8)
Property Type: Fully residential triplex
Unit Mix: 2 x 4.5 (2-bedroom), 1 x 3.5 (1-bedroom)
Garage included
Annual Rental Income: $36,384
Rents significantly below market -- strong potential to optimize revenues over time
Ideal for BRRR investors: buy, renovate, raise rents, refinance, and recover down payment
Adjusted Net Operating Income (NOI): $30,064 (after 5% vacancy and expenses)
GIM: 18.31
Cap Rate: 4.63%
Expenses: Property taxes: $5,115 | School taxes: $480
Located just steps from Langelier metro station (green line), with easy access to transit, schools, parks, and local services
Quiet residential street with solid rental demand
Excellent potential for long-term capital appreciation
One unit will be available for occupancy, offering flexibility for investors or owner-occupants
All financial data provided is based on current income and estimated market metrics. Buyer to verify independently.
26' X 32'
1958
Asphalt shingles
Attached , Single width
26' X 79' Irregular
2,133 SF
Garage : 1
Highway , CEGEP , Daycare centre , Golf , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Commuter train , Public transportation , University
Residential
Electric baseboard units
Electricity
Municipality
Municipality
My name is GRANT SPENCER VALLINIS, RE/MAX real estate broker. How may I help you?
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RE/MAX PLATINE | 1850, rue Panama Bureau 110, Brossard, Québec, J4W 3C6
RE/MAX PLATINE | 1850, rue Panama Bureau 110, Brossard, Québec, J4W 3C6
RE/MAX PLATINE | 1850, rue Panama Bureau 110, Brossard, Québec, J4W 3C6
Hello, my name is GRANT SPENCER VALLINIS, real estate broker. Contact me for more information.
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Hello, my name is PAULO SERGIO GONZALEZ, real estate broker. Contact me for more information.
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