Property Information:
Profitable triplex of $57,000 in Petit-Laurier! Gross annual income as of September 1st available. A solid investment guaranteed by its rental values and sought-after location. 25-foot frontage. Large, green southwest-facing lot with alley access. Ground floor features 3 bedrooms, with a crawl space approximately 4-5 feet high. A walker's paradise with nearby shops, terraces, Sir-Wilfrid-Laurier Park and its beautiful pool, and Laurier Metro just a 10-minute walk away! Potential for rear expansion, excavation of a basement, and adding a third floor plus mezzanine, subject to city approval. Check the video.
**Triplex in Petit-Laurier, situated on a corner of Laurier Park, its pool, and trendy shops! Ideal for owner-occupants or investors. As of September 1, 2024, effective and gross rental income of $4,750 monthly and $57,000 annually.
**Rental details: The ground floor features 3 closed and windowed bedrooms at $2,750 for a 9-month lease ending May 31, 2025. Two 3 1/2 apartments with leases at $950 ending June 30, 2025, and $1,050 ending September 30, 2025, with a confirmed departure of the tenant. Possibility to occupy or re-rent with a rental value of $1,550 per month and potential gross annual income of $63,000.
**The roof is tar and gravel, approximately 12 years old according to the previous owner. Possibilities for expansion at the rear, excavation of a basement, or adding a third floor plus mezzanine for your project, subject to city approval.
**Exceptional location for its quality of life and rental value! Metro station just a 10-minute walk via Laurier and Rivard intersection!
Building Features:
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Style:
Triplex
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Basement:
Low (less than 6 feet), Unfinished, Crawl space
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Floor Covering:
Wood, Ceramic, Flexible floor coverings, Parquetry, Laminate floor
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Foundation:
Stone
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Proximity:
Highway, CEGEP, Daycare centre, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Cross-country skiing, Public transportation
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Roofing:
Asphalt and gravel
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Siding:
Wood, Brick
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Size:
7.62 x 11.59 METRE
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Windows:
Aluminum
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Heating System:
Electric baseboard units
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Heating Energy:
Electricity
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Water Supply:
Municipality
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Sewage System:
Municipality