Exceptional investment opportunity in Ville-Marie. This divided co-ownership triplex generates over $70,000 annually with one long-term lease and two medium-term Airbnb rentals. Fully furnished and sold with appliances, it is turnkey for investors. Recent renovations include new flooring, lighting, in-unit laundry, dishwashers, updated plumbing, and fresh paint. Located steps from Berri-UQAM and Beaudry metros, Quartier Latin, CHUM, shops, and restaurants, ensuring strong rental demand.
Triplex located in the heart of Ville-Marie, this property is a turnkey investment opportunity offering strong rental income and modern updates. Fully furnished and sold with appliances, it is perfectly suited for investors looking to generate revenue immediately with minimal management.
**Property Features**
* Divided co-ownership triplex with three units total
* Unit 1197 rented at $1,650/month
* Unit 1195 Apt. 2 medium-term rental approx. $2,100/month (Airbnb)
* Unit 1195 Apt. 3 medium-term rental approx. $2,100/month (Airbnb)
* Potential annual rental revenue over $70,000
* All units fully furnished and equipped with appliances
* Turnkey condition for immediate investor takeover
**Prime Location**
* Situated in Ville-Marie, walking distance to Berri-UQAM and Beaudry metro stations
* Close to Quartier Latin, UQAM, CHUM hospital, and downtown offices
* Surrounded by shops, grocery stores, cafés, and restaurants on Ste-Catherine Street
* Easy access to Old Montreal, cultural institutions, and entertainment venues
* A central address ensuring strong rental demand and long-term appreciation potential
* High-income potential exceeding $70,000 annually
* Medium-term rental setup already in place, ideal for professional tenants and Airbnb management
* Fully furnished and equipped, saving setup costs for new investors
* Shared insurance policy with another triplex; owner’s portion $4,521.23
* Low maintenance with recent renovations, minimizing future expenses
**Work Done**
* Vinyl flooring installed in living rooms and bedrooms
* New ceiling lights and chandeliers for enhanced lighting
* In-unit laundry and dishwashers added to all apartments
* Fresh paint on all interior walls for a modern look
* Replacement of thermostats, electrical switches, and outlets for efficiency and safety
* Updated plumbing fixtures including faucets and showerheads
* New knobs and handles on doors and cabinets for contemporary appeal
Additional Revenue Potential:
The property includes a basement space that presents the possibility of being finished and integrated with the existing lower unit. This could increase livable square footage and generate additional rental revenue, subject to municipal approvals and compliance with applicable building and zoning regulations.
Potentiel de revenu supplémentaire :
L’immeuble comprend un sous-sol offrant la possibilité d’être aménagé et intégré à l’unité du rez-de-chaussée. Cela permettrait d’augmenter la superficie habitable et de générer des revenus locatifs additionnels, sous réserve des approbations municipales et du respect des règlements de construction et de zonage applicables.
