5540 Rue Jean Talon E., Montréal (Saint-Léonard), QC H1S

5540 Rue Jean Talon E.
Montréal (Saint-Léonard), QC H1S

5540 Rue Jean Talon E.
Montréal (Saint-Léonard), QC H1S

This property is presented in collaboration with RE/MAX ACTION

MLS: 16627282

$1,450,000

 
3
BEDS

 
1
BATHS


0
Powder Rooms


1965
YEAR BUILT

Description

Prime Residential & Commercial Property - $1,450,000 Invest in 5540-5546 Rue Jean-Talon E., a semi-commercial property in Montréal offering exceptional income potential. This Triplex features 2 residential units (5½) with $48,000 potential annual income and 3,000 sq. ft. commercial space with full height basement. Potential gross revenue: $99,600/year per property. Seller prefers to sell both Triplexes together but is open to offers on an individual property. Located opposite a park and school, with ample parking and flexible leasing options--maximize your return in thriving Saint-Léonard!

Prime Residential & Commercial Property for Sale -- $1,450,000 Welcome to 5540-5546 Rue Jean-Talon E., an unparalleled Semi-Commercial property offering incredible income potential for investors, business owners, or anyone looking to secure a high-yielding asset in Montréal. Seller's Preference: The seller prefers both Triplexes be sold together but is open to considering offers on individual properties - see listing for attached Triplex at 5548-5554 Jean-Talon. This flexibility makes it easier for a wide range of buyers to invest. This other property is identical except it is attached on both sides. See separate listing. Property Highlights: Semi-detached mixed-use building (Residential + Commercial) offering unmatched versatility. 2 spacious Residential Units (5½ each) per building with a combined potential income of $48,000 annually per building. Each Commercial Unit Measures: 3,000 sq. ft. plus full-height basements for additional storage or operations. Commercial Unit Details: Currently, the commercial units are vacant and were previously joined together to form a large 6,000 sq. ft. Italian bakery. Two small doors connect the units, making it incredibly easy to separate them into two distinct 3,000 sq. ft. spaces. Each separated 3000sq ft unit can be divided into two 1500 sq ft units which can be individually rented for $2,000/month providing an excellent income opportunity. Total Potential Gross Revenue per Property: $95,000 annually! Residential: $48,000/year Commercial: $47,000/year with full occupancy and subdivision. Features You'll Love: Ample Parking: Concrete driveway with 3 parking spaces per property. Air Conditioning: Fully installed in commercial units to ensure tenant comfort and operational efficiency. Strategic Location: Positioned directly opposite a park and elementary school, with excellent visibility and foot traffic. Spacious Full-Height Basements: Perfect for extra storage, workshops, or creative business solutions. Why Choose This Investment? Saint-Léonard is thriving, offering a mix of residential stability and business growth. With the flexibility to separate the commercial spaces, you can maximize rental income and cater to a variety of tenants.

BUILDING
Type Triplex
Style Attached
Dimensions 98x30 P
Lot Size 4105 PC
Net area 0
EXPENSES
Municipal Taxes (2024) $ 11212 / year
School taxes (2024) $ 659 / year
ROOM DETAILS
Room Dimensions Level Flooring
N/A
CHARACTERISTICS
Heating system Electric baseboard units
Water supply Municipality
Heating energy Electricity
Foundation Poured concrete
Siding Brick
Proximity Highway, Cegep, Hospital, Park - green area, Elementary school, High school, Public transport, University, Bicycle path, Daycare centre, Réseau Express Métropolitain (REM)
Basement 6 feet and over, Partially finished
Parking Outdoor
Sewage system Municipal sewer
Zoning Commercial, Residential
Roofing Asphalt and gravel
Driveway Asphalt