$1,165,000

Triplex for sale - Saint-Lambert

$1,165,000

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$1,165,000

Triplex for sale - Saint-Lambert

$1,165,000

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535 - 537 Rue Le Royer, Saint-Lambert, J4R 1M7

Seize the opportunity to invest in Saint-Lambert with this spacious triplex! Perfectly situated in a desirable neighborhood, this property offers an excellent chance to enter the market with income to help with the mortgage. Built in 1966 and renovated over the years, it features a built-in underground garage and a beautiful yard. Located near top schools and transit, it boasts a fantastic outdoor space and a highly walkable location. Don't miss this prime investment opportunity!

  • Lot area: 7,500 SF
  • NUMBER OF ROOMS : 15
  • Year built : 1966
KAREN KURTZ
Residential Real Estate Broker
Building details and property interior
Particularities plusParticularities minus

1966

Brick

Asphalt shingles

Attached , Double width or more , Built-in

Wood , Ceramic , Flexible floor coverings

Addenda
Particularities plusParticularities minus

Discover an incredible investment opportunity in Saint-Lambert with this spacious and well-maintained triplex. Perfectly situated in a highly desirable neighbourhood, this property is ideal for those looking to enter the Saint-Lambert market with the added benefit of income to assist with the mortgage.

*** Property Overview:
Built in 1966, this triplex has been thoughtfully renovated over the years to enhance both functionality and aesthetic appeal. It features a built-in underground garage, ensuring convenience and security for residents. The property also boasts a beautiful yard, providing a serene outdoor space for relaxation and enjoyment.

*** Unit Details:
** Second floor Apt: The 3-bedroom owner-occupied unit is available to be rented out by the present owners, ensuring convenience for the new Buyers. With its spacious layout and modern updates, this unit provides a comfortable and inviting living space.

** Main Floor Apt: The main floor houses another 3-bedroom unit, ideal for families or professionals seeking ample living space. This unit is designed to offer a blend of comfort and functionality, making it highly appealing to potential tenants. Presently leased until June 30, 2025.

** Basement Apt: The basement features a cozy one-bedroom bachelor apartment, perfect for singles or couples. This unit adds versatility to the property, catering to a wider range of renters and ensuring steady income. Renovations will bring up the revenue potential for this unit!

*** Prime Location:
The triplex is located in a prime area of Saint-Lambert, known for its charm, convenience, and vibrant community. Residents will appreciate the close proximity to top-rated schools, making it an ideal choice for families. The property is also near excellent transit options, facilitating easy commutes and connectivity to surrounding areas.

Living in Saint-Lambert means having access to a variety of amenities and attractions. The neighbourhood is highly walkable, allowing residents to enjoy the local parks, shops, cafes, and restaurants without the need for a car. The vibrant community atmosphere, combined with the convenience of urban living, makes this location highly desirable.

*** Additional Features:

** Renovations: Over the years, the property has undergone numerous renovations, ensuring that each unit is modern, comfortable, and appealing to renters.
Outdoor Space: The beautiful yard provides a perfect outdoor retreat, whether for relaxing, entertaining, or enjoying outdoor activities.

** Garage: The built-in garage adds significant value and convenience, offering secure parking and easy access to the units.

** Investment Potential:
This triplex presents a fantastic investment opportunity, whether you're looking to live in one unit and rent the others or fully rent out all units for maximum income. The combination of spacious units, modern updates, and a prime location ensures high tenant demand and long-term value!

Building details and property interior
Particularities plusParticularities minus

1966

Brick

Asphalt shingles

Attached , Double width or more , Built-in

Wood , Ceramic , Flexible floor coverings

Lot and exterior features
Particularities plusParticularities minus

7,500.29 SF

Double width or more

Driveway : 4 , Garage : 2

Highway , Daycare centre , Golf , Hospital , Park , Bicycle path , Elementary school , High school , Cross-country skiing , Commuter train , Public transportation

Residential

Room details
Particularities plusParticularities minus
Unit Room Level Dimensions Flooring Description
1 (app.) Living room 1st level/Ground floor 24'2" X 10'11" irr. Vinyl
1 (app.) Dining room 1st level/Ground floor 10' X 11' irr. Ceramic
1 (app.) Kitchen 1st level/Ground floor 8'11" X 9'3" irr. Ceramic Door to balcony
1 (app.) Primary bedroom 1st level/Ground floor 10'11" X 16' irr. Wood
1 (app.) Bedroom 1st level/Ground floor 10'8" X 9'4" irr. Wood
1 (app.) Bedroom 1st level/Ground floor 10'11" X 15'5" irr. Floating floor
1 (app.) Bathroom 1st level/Ground floor 11'1" X 5'3" irr. Ceramic
3 (app.) Living room 2nd level 17'6" X 15'6" irr. Floating floor
3 (app.) Dining room 2nd level 10'11" X 8'5" irr. Floating floor
3 (app.) Dinette 2nd level 9'8" X 11'2" irr. Floating floor
3 (app.) Kitchen 2nd level 9'5" X 8'7" irr. Floating floor Door to balcony
3 (app.) Primary bedroom 2nd level 16' X 11'2" irr. Floating floor
3 (app.) Bedroom 2nd level 10'9" X 9' irr. Wood
3 (app.) Bedroom 2nd level 15'6" X 11' irr. Floating floor
3 (app.) Bathroom 2nd level 11'1" X 5'3" irr. Floating floor
Characteristics
Particularities plusParticularities minus

Electricity

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Apt # 537 - Attached fixtures, refrigerator, stove, blinds, air-conditioning unit. Apt # 535 - Attached fixtures. All 3 hot water tanks.(apt 535, 537 and 535A)

The personal belongings of the tenants

Financial details
Particularities plusParticularities minus
Assessment (2020)
Taxes
  • (2024)
  • (2023)
Gross yearly revenu (potential)
535 - 537 Rue Le Royer, Saint-Lambert, J4R 1M7
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 11.1%
  • 20.3%
  • 11.9%
  • 16.0%
  • 40.7%
  • 17.8%
  • 1.5%
  • 0.6%
  • 60.2%
  • 19.9%
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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KAREN KURTZ
Residential Real Estate Broker

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2020)
Taxes
  • (2024)
  • (2023)
Gross yearly revenu (potential)
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