1951-1955, Rue Sherbrooke E.
Investment Opportunity : This income-generating triplex presents an excellent opportunity for investors. The ground floor is currently configured as a commercial office space, while the second and third floors each feature a spacious, well-laid-out apartment. A large, unfinished concrete basement is accessible from the ground floor, offering additional development potential. Located on the corner of Dorion Street, just steps from Parc La Fontaine, the building enjoys a prime location in a sought-after residential neighborhood, close to all the services and attractions of the Plateau-Mont-Royal.
- 5,638 ft²
- 5 BDR
- 1 BTH
- 2,864 ft²
Addenda
Description :
Ideally located in one of Montreal's most vibrant and sought-after neighborhoods, this triplex presents an excellent investment opportunity. It currently generates solid annual gross income and offers additional potential with the possibility of converting or developing commercial or residential space on the ground floor.
The building spans three levels. The ground floor, currently used as a commercial office by the owner, can easily be converted into a commercial unit or transformed into a residential apartment, depending on the buyer's needs.
The 2nd and 3rd floors are occupied by tenants. Each apartment is an 8½ layout with a similar floor plan. Every unit features a balcony adjoining the kitchen, as well as a solarium at the back.
A large, unfinished concrete basement is accessible from the ground floor, offering significant storage space or further development potential.
Finally, a rear driveway provides access to three parking spaces.
The ceiling heights are as follows: Ground floor -- 9'3", 1953 -- 9'1", 1955 -- 9',Basement -- 8'6".
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Regarding occupancy timelines:For the ground floor, it will be available in January 2026, and for the other two units, it depends on the leases.
The selection of the inspector must be approved by all parties.
Please note that the amount of $4,405 for electricity applies only to the ground floor (1951).
A new certificate of location has been ordered, area of the lot and living area are based on the assessment roll of the town (and could include the garage). The areas will be confirmed upon reception of the new certificate.
* Please note that virtual home staging has been done on some pictures of this property, they are published in order to show a possible layout.
The present sale is made without any legal warranty of quality from the seller, at the buyer's risk.
Included
According to the leases. All of the above are included without warranty of quality.
Excluded
According to the leases
Daycare centre
Hospital
Park - green area
Bicycle path
Elementary school
High school
Public transport
University
- 2,600 ft²
- 1 BDR
- 1 BTH
- 3,263 ft²
- 3 BDR
- 1 BTH
- 2,520 ft²
- 3 BDR
- 1 BTH
