Description

TURNKEY TRIPLEX -- ORIGINAL OWNER SINCE 1978 Wow -- an unbeatable investment and a wonderful place to live! This meticulously maintained triplex has been in the hands of the same owner since construction. Pride of ownership shines through every detail: quality maintenance and renovations throughout the years, solid structure, and thoughtful upgrades make this a true gem for investors seeking stability and value-add potential, or for a future owner-occupant.

Addendum

A Prime Location on Rue de la Milice -- Longueuil

Located in a quiet, family-friendly residential sector of Old Longueuil (J4L), Rue de la Milice offers a rare blend of tranquility and urban convenience. Residents enjoy:

Quick access to Route 132 and Highway 20 -- ideal for commuting to Montreal in under 20 minutes

- Proximity to public transit -- multiple STM and RTL bus lines nearby, with easy connection to Longueuil--Université-de-Sherbrooke metro

-Walking distance to local parks, bike paths, schools, and daycares

-Close to shopping, groceries, pharmacies, and services (Carrefour Roland-Therrien, Jean Coutu, Metro, etc.)

-Steps from Collège Français and other reputable schools -- attractive for families

-Peaceful, mature neighborhood with wide streets and green spaces -- ideal for quality tenants or personal occupancy

For investors: low vacancy area with strong tenant demand, long-term rental stability, and potential rent increases. For owner-occupants: enjoy a spacious unit with income from reliable tenants, in a well-established and well-maintained sector.

UNIT CONFIGURATION 229 -- 2nd Floor (5 ½)

Excellent value-add potential:

A wall was removed to create an oversized dining area -- easily convertible back into a 3-bedroom layout

The basement includes a separate entrance, kitchenette, and full bathroom -- ideal for adding a 4th bedroom or creating a semi-private rental space

Currently rented at $1,650/month to a respectful tenant who maintains the unit very well Optimized rental potential: ~$2,200/month after reconversion and basement enhancement

225 -- Garden Level (4 ½) - 2 bedrooms, large balcony, and generous storage spaces - Rented at $780/month to a stable tenant in place for 6 years -Opportunity to increase rent to $1,000/month or more upon tenant turnover

227 -- Ground Floor (5 ½) Currently owner-occupied Owner proposes to stay on as a tenant at $1,850/month for a minimum of one year

Renovations & Key Upgrades: Argon gas windows throughout the building Roof maintenance completed in 2023 Covered terrace added to unit 227 in 2021 Each unit has its own electric meter and individual hot water tank (2021) Wall-mounted heat pumps (heating + cooling) in units 227 and 229

Whether you're an investor or a future owner-occupant, this turnkey triplex offers the perfect mix of location, stability, and income growth potential. Enjoy a well-maintained building with quality tenants in one of Old Longueuil's most sought-after and peaceful neighborhoods.

Description sheet

Features

Potential Gross Revenue

Assessment, Taxes and Expenses