Unique opportunity with a unit available for owner-occupancy! This spacious triplex, featuring large apartments with multiple bedrooms, can generate up to $60,300 in annual income if fully rented. Bordered by the Assomption River, enjoy direct water access for an unparalleled quality of life. Located at the start of 50th Avenue, a vibrant area with access to ATV and snowmobile trails -- perfect for outdoor enthusiasts! Built to institutional standards, offering quality and reliability. An exceptional living space with a unique atmosphere. A smart investment opportunity.

Discover an Exceptional Investment Opportunity with this High-Quality Triplex Located at 125-129 50th Avenue in Saint-Côme

Combining solid construction with brick, stone, and masonite, this property offers attractive profitability and an exceptional living environment.

Key Features:

Robust Construction: Built in two phases, the stone house in 1979 and the brick section in 1995, this triplex showcases exemplary durability.

Recent Renovations: Significant improvements made between 2023 and 2024 include replacing flooring, modernizing the kitchens of apartments 127 and 129, and painting all three units. Additionally, the bathroom of unit 125... has been renovated, with a third bathroom nearing completion.

Spacious Layouts: With a total area of 3,333 sq. ft., each unit offers at least three bedrooms, providing optimal comfort for residents.

Desirable Amenities: A large parking area, practical storage spaces at the entrance of each unit, a garage, and outdoor storage spaces add considerable value to the property. Moreover, an elevator (requiring a hydraulic adjustment) is in place to offer access for mobility-impaired tenants.

Prime Access: Bordered by the Assomption River, the spacious lot offers a private direct descent to the water, ideal for water activity enthusiasts.

Profitability Potential:
Currently, units 125 and 127 are rented until June 2026 at $1,750 and $1,700 per month, respectively. Unit 129 is vacant, with a rental potential estimated at $1,575 monthly.

Advantages of Saint-Côme:
Located in the Lanaudière region, Saint-Côme is renowned for its picturesque landscapes and numerous outdoor activities. The municipality hosts major events such as the Festival des Couleurs, celebrating autumn's beauty with mountain hikes, chairlift rides, and craft booths. Additionally, the Val Saint-Côme ski resort offers year-round events, including international competitions and themed evenings.

Real Estate Market Trends:
The Quebec real estate market experienced notable growth in 2024, with significant increases in sales across all property categories. Plexes (2-5 units) saw a 24% rise, reflecting sustained demand for this type of investment.

Investing in this triplex in Saint-Côme means choosing a quality property in a dynamic region, offering both attractive profitability and an incomparable quality of life.