173 – 177 Av. Fairmount E.

Amazing long term investment opportunity located in Montreal’s coveted Mile-End district near local businesses, restaurants, coffee shops, transportation and so much more! This low maintenance triplex with main unit becoming available to the purchaser as of July 1, 2023 is an excellent investment opportunity for those looking to start up their portfolio or seasoned investors looking for a hands on project that can bring in great revenue! An opportunity not to be missed.

Addenda

173-177 Av. Fairmount Est. | Affordable Investment Opportunity. Rarely do we see an investment property in the mile-end priced at under $800,000, but here we have what I believe to be one of the best investments on the market today! This semi-detached triplex offers three comfortably sized 3 1/2’s with stable tenants whom of which have great payment habits, but more importantly is located just steps from all services, amenities and transportation. Within minutes, your tenants can access cafe’s, restaurants, government services, metro stations, grocery stores, bars, daycares, schools and so much more! Making this the ideal first investment property for any young investor. Although numbers are just shy of breaking even due to todays interest rates, this property has the ability to be maximized to its full potential and become a fantastic long term investment that can help you start your real estate portfolio and build equity. With rent increases, a few renovations and a bit of elbow grease, Fairmount Est can be your first step to financial freedom! Sitting on just under 800ft of land, with little to no general maintenance (snow removal/landscaping) this property is minutes from Montreal staples such as Café Olimpico, Fairmount Bagels, St-Viateur Bagels, and over 100 other restaurants and cafes. Just steps from main arteries such as St.Joseph Boulevard, St.Laurent Boulevard, and easy access to Metro stations, bus stops and bike paths, this property is guaranteed to be fully rented for years to come! With gentrification happening in the industrial/commercial sectors nearby combined with this properties fantastic walk score, finding tenants will be no problem at all! The saying Don’t wait to buy real estate, buy real estate and wait could never ring more true than it does with Fairmount Est. A low cost investment opportunity that can truly open the doors to built equity, quality tenants and more important than anything else, having your own footprint in Montreal’s most coveted neighbourhood, Le Plateau Mont-Royal. **Please note the current active revenue is $18,456 – The main unit will be available to the purchaser as of July 1, 2023 (Rent Potential of approx. $1,200/Month) ++ Windows have been redone in March 2023**

Included:

3x Hot water tanks, 3x Stove Huts.

Excluded:

All tenants personal belongings.