ENGEL & VÖLKERS COMMERCIAL® commercial division of real estate agencies

ENGEL & VÖLKERS • MONTRÉAL (G7014) • QUÉBEC (G8468) • LAURENTIDES (D0758) • OUTAOUAIS (H6635)

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Triplex for sale - Longueuil (Le Vieux-Longueuil)
$1,250,000  

205 - 209 Rue Wolfe, Longueuil (Le Vieux-Longueuil), East, Montérégie

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WatermarkBackyard
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Frontage
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Back facade
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Backyard
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Frontage
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Listing broker: Olivier Labrecque - Engel & Völkers ● # 21946334
2
1
3
4
375.9 mc
2022

Description

New triplex in Longueuil, still under construction warranty, built by Atimco. 3 units with 2 bedrooms each, stable rents ($1,875 / $1,800 / $1,650 per month), 3 parking spaces, large fenced yard with balconies. The tenant in unit 209 is open to giving up her unit to a future owner-occupant: ideal for investing or for living in while being supported by rental income. $1,250,000.

Details

Driveway
Asphalt
Plain paving stone
Heating system
Electric baseboard units
Water supply
Municipality
Heating energy
Electricity
Equipment available
Central vacuum cleaner system installation
Wall-mounted air conditioning
Ventilation system
Available services
Fire detector
Windows
PVC
Foundation
Poured concrete
Proximity
Highway
Cegep
Daycare centre
Golf
Hospital
Park - green area
Bicycle path
Elementary school
High school
Public transport
Siding
Aluminum
Brick
Bathroom / Washroom
Separate shower
Basement
6 feet and over
Separate entrance
Finished basement
Parking (total)
Outdoor (3)
Sewage system
Municipal sewer
Landscaping
Fenced
Window type
Crank handle
Roofing
Elastomer membrane
Topography
Flat
Zoning
Residential

Opportunity to acquire a fully new triplex in a sought-after residential area of Longueuil. Purchased in 2021 when it was still a duplex, the building underwent a complete redevelopment project: plans for an entirely new triplex were approved to enhance the rental offering in the neighborhood, and construction was carried out by Atimco, a well-known builder that has delivered numerous projects in the area. The building is still covered by the residential construction warranty, a reassuring advantage for both an investor and a future owner-occupant.

The three 2-bedroom units offer bright living spaces thanks to their large windows, modern flooring and finishes, and a functional layout. Each unit includes exterior storage space and access to generous stacked balconies overlooking a fenced, landscaped backyard. Three paved parking spaces complete the property.

Since construction, the building has always been rented with stable tenants and no history of issues, a testament to the quality of the construction and the appeal of the area. Current rents are $1,875, $1,800, and $1,650 per month, for gross annual revenues of $63,900.

An interesting point for a buyer looking to occupy one of the units: the tenant in unit 209 has indicated she would be open to giving up her unit to a future owner-occupant, while keeping two rented units generating stable income.

**Features**
- 3 units, 2 bedrooms each, new construction
- Built by Atimco, a well-known developer in the area
- Gross annual revenue: $63,900 ($1,875 + $1,800 + $1,650/month)
- Stable tenants, trouble-free rental history
- 3 paved parking spaces
- Large fenced backyard with stacked balconies
- Exterior storage space for each unit
- Unit 209 available for a future owner-occupant
- Quiet residential area, close to amenities

Real Estate Broker and Advisor

Olivier Labrecque
Olivier Labrecque
Residential and Commercial Real Estate Broker (G8653)
Olivier Labrecque Inc.
Real Estate Agency:
ENGEL & VÖLKERS MONTRÉAL (G7014)
Real Estate Shop ⬩ Brossard