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Montreal (Downtown) Multiplex for sale - $679,000

4224-4226 Rue Sainte-Catherine Est, H1V 1X3 | Triplex for sale Montreal - VID: 4224a

3 Units

Triplex for Sale - 4224-4226 Rue Sainte-Catherine Est, Montreal (Downtown), H1V 1X3Triplex for Sale - 4224-4226 Rue Sainte-Catherine Est, Montreal (Downtown), H1V 1X3Triplex for Sale - 4224-4226 Rue Sainte-Catherine Est, Montreal (Downtown), H1V 1X3Triplex for Sale - 4224-4226 Rue Sainte-Catherine Est, Montreal (Downtown), H1V 1X3
For sale - 6 ½ - $679,000 + taxes - Montréal
Corner mixed-use triplex on Sainte-Catherine Street East, steps from Théâtre Denise-Pelletier. Two rented 3-bedroom 6½ units and a 2,677 sq. ft. commercial space (ground floor and basement) leased until July 2028 to an established business, with a two-year renewal option. Gross income of $54,960. Well-maintained building: 2017 roof, commercial façade, balconies, heat pump. 2025 certificate of location.

INCOME
- 4226-1: 6½, 3 bedrooms, $1,075/month, lease to June 30, 2027.
- 4226-2: 6½, 3 bedrooms, $1,155/month, lease to June 30, 2027.
- 4224 (commercial): 2,677 sq. ft. per lease (ground floor and basement), garage included in the lease, leased to L'Atelier Lithium Inc. from August 1, 2026 to July 31, 2028 at $2,350/month (base rent of $1,700 + $650 share of taxes, insurance, administration fees and heat pump maintenance), base indexed $100 per year, 2-year renewal option. Gross lease with an annual adjustment of the tenant's share of taxes, insurance and operating costs: cost increases are recharged to the tenant every March 1.
- Potential gross income: $54,960. 2026 municipal assessment: $690,900.

THE BUILDING
- Built in 1900, corner row building, 3 storeys, brick.
- 1,535 sq. ft. lot, lot 1 880 766. Certificate of location dated December 8, 2025.
- Work: roof replaced (2017); commercial unit interior renovations (2018-2019); commercial façade fascia and 4226 window thermal units (2021); basement insulation and urethane, water heaters (2022-2023); 4226-2 balcony (2024); masonry (2025); heat pump and electrical (2026).
- Three water heaters, two of them rented (Hydro-Solution).

THE AREA
Hochelaga-Maisonneuve, on the Sainte-Catherine East commercial strip: Théâtre Denise-Pelletier, Promenade Ontario, Joliette and Pie-IX metro stations, Morgan Park.

VISITS
24-hour notice, building occupied by three tenants. Investor package (leases, rent notices, insurance, certificate) available on request from the listing broker.

Price plus GST/QST on the commercial portion of the building, i.e. 22% (non-residential share on the assessment roll). Sale with legal warranty. Seller's declaration available.

INCLUSIONS
As per the leases.

EXCLUSIONS
Tenants' belongings; the two rented water heaters (Hydro-Solution).

Key Details

Essentials

Property Type:Triplex
New Project:Now Delivering
Asking Price:$679,000
Bedrooms:3
Number of Bathrooms:1

Building Characteristics

Year of Construction:1900

Evaluations, fees and taxes

Municipal Tax:$6,974
School Tax:$487

Interior Characteristics

Energy/Heating:Electric

Additional Information

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Maxime Côté
RESIDENTIAL AND COMMERCIAL REAL ESTATE BROKER
514-238-8042
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