Residential and Commercial Triplex: Profitable Investment Opportunity!

Located in a strategic area, this versatile triplex offers the ideal combination of residential and commercial income. With annual revenues exceeding $52,000, this property presents an attractive opportunity for any investor looking for a well-maintained asset.

Unit #1624 (Ground Floor) -- $1,540/month
- Open-concept living space with a modern and functional kitchen
- 2 spacious bedrooms
- 1 bathroom
- Bright interior with contemporary finishes

Unit #1630 -- $1,555/month
- Spacious open-concept living area
- 2 bedrooms
- 1 bathroom renovated in 2021
- Large windows providing exceptional natural light

Commercial Space -- $980/month + taxes
- Lease in effect until June 30, 2025
- Ideal for a business seeking increased visibility

Additional Revenue
- Half of the basement is rented for storage at $260/month + taxes

This property has undergone several improvements over the years, ensuring excellent overall condition:

Renovations by the previous owner:

2013: New gutters, land leveling, basement insulation with urethane, new concrete slab in the basement, installation of a backwater valve, and 50% plumbing replacement
2018: New shingle roof
2019-2020: Front steps renovation
2020: Rear terrace on the second floor

Recent renovations by the CURRENT owners:

2021: Full bathroom renovation in Unit #1630
2021: Ground floor modified into two separate spaces
2022: Replacement of front doors and windows on the ground floor
Important Information
Only 12% of the property is designated for commercial use, meaning the buyer will be subject to applicable sales taxes (GST/QST) only on that portion.


Thanks to its strategic location, Ste-Hélène Street provides quick access to major roadways, including Boulevard Taschereau and Highway 132. Public transportation is also well-developed, offering easy commutes to Montreal within minutes via the Longueuil--Université-de-Sherbrooke metro or RTL bus lines.

The area boasts a wide range of local businesses, restaurants, and essential services. Grocery stores, pharmacies, and shopping centers are easily accessible, as are schools and daycares catering to families. Additionally, the presence of Édouard-Montpetit College and the University of Sherbrooke -- Longueuil Campus makes it an ideal neighborhood for students.

Culture enthusiasts will also appreciate the proximity to Old Longueuil, with its charming cafés, boutiques, and cultural events that bring life to the community.