A rare opportunity in the heart of Plateau-Mont-Royal! 850-854 Rue Napoléon is a bright corner triplex consisting of three 3½ units, offering potential annual revenue of $48,576. The 3rd-floor unit is currently vacant, providing an excellent opportunity for a buyer who wishes to select the next tenant or optimize the rental according to their objectives. The other two units are occupied by good, long-term tenants who have been in place for several years.
Several improvements have been completed over the years. The elastomeric membrane roof was replaced in 2023. The 854 Napoléon unit was completely renovated in 2023, except for the doors and windows, and includes new ceramic tile in the kitchen. At 852 Napoléon, work completed in 2026 includes new laminate flooring, sanding and refinishing of the hardwood floors, new light fixtures and electric baseboards, interior doors, new ceramic tile in the kitchen, new kitchen cabinets, and repairs to the balcony structure. At 850 Napoléon, improvements include new laminate flooring, a new bathroom vanity, new kitchen ceramic tile, and repairs to the balcony structure. The common interior areas were also upgraded with new ceramic tile and light fixtures. The rear metal staircase was sanded and painted, and the garden fence was repaired.
Each floor includes a washer, dryer, refrigerator and stove, all included in the sale.
Location is one of the property's strongest assets. The Rue Napoléon area offers a Walk Score of 100/100, Transit Score of 78/100 and Bike Score of 100/100. Sherbrooke metro station on the Orange Line is nearby, along with bus routes 29, 30, 55 and 144.
Just steps away are Parc La Fontaine, bike paths, cafés, restaurants, neighbourhood shops, grocery stores, universities, CEGEPs, schools and many services. An outstanding location for enjoying the Plateau on foot, by bike or by public transit.
An excellent opportunity for an investor looking to acquire a triplex in one of Montréal's most sought-after neighbourhoods, combining income potential, a vacant unit, stable tenants, recent improvements and strong long-term potential.