Description
Well-maintained triplex in Pierrefonds offering an excellent opportunity for investors or owner-occupants. One unit is available for immediate occupancy, while the other two are rented until June 2027 with planned rent increases, ensuring stable and growing income. Built in 2002, the property features bright, generously sized rooms, a large backyard, and 4 parking spaces. Ideally located near public transit, parks, schools, and everyday amenities.
Built in 2002, this triplex is genuinely uncommon in this
market. The vast majority of income properties in
Pierrefonds were constructed in the 1960s and bring with
them the maintenance realities of that era. Rue Pavillon
does not. Modern construction standards, a 2020 roof
replacement, contemporary electrical and plumbing systems,
and a brick exterior in strong condition. The insurability
is straightforward, the financing is clean, and the
building does not require the kind of structural scrutiny
that older plexes routinely trigger.
The property is offered with full legal warranty of
quality. In a market where several recent comparable sales
have been offered without warranty, this is a meaningful
protection that reduces offer conditions and simplifies the
path to closing.
Unit 12235 is vacant and available immediately, either for
personal occupancy or to establish current market rent.
Current rents reflect a considerate ownership history. The
gap between in-place income and market rate is real and
measurable, with clear legal pathways available to the next
owner under applicable TAL procedures. The upside is there
for a buyer who knows how to read it.
The rear boundary faces a quiet rail corridor. A new
Certificate of Location has been ordered and the site has
been assessed for garage development. Subject to borough
approval, the owner is looking into a configuration that
supports a build that would screen the rear view and
potentially accommodate a rental unit above.
Four parking spaces. A large private backyard. No rear
neighbours, no left side neighbor. Excellent transit
access, reputable schools within walking distance, and
proximity to parks and everyday amenities that keep this
neighbourhood consistently in demand.
This is a property that works well now and positions its
owner exceptionally well for what comes next.
