138 Rue Galipeau, Thurso

Turnkey income property offering an excellent investment
opportunity. The building features three units, including
two 4½ units currently rented at $1,100 each, providing
stable income from day one, as well as one 5½ unit
presently owner-occupied with an estimated rental potential
of approximately $1,500.

The main unit was fully renovated from A to Z in 2025 using
quality materials, offering a modern and updated living
space. Each unit benefits from its own private entrance,
ensuring comfort and privacy for occupants.

Several major improvements have been completed, including
the replacement of windows in 2022 and 2025, as well as the
installation of new French drains with a waterproof
membrane around the foundation, enhancing durability and
long-term peace of mind.

Well-maintained property with excellent income optimization
potential, ideal for investors or owner-occupants looking
to maximize their return.

The property is currently used as a triplex. However, it is
recognized as a non-conforming triplex due to the
configuration of the electrical meters, as the building
only has two Hydro-Québec meters for three units. One unit
shares its meter with another unit. Notwithstanding the
foregoing, each unit has its own independent entrance.
Furthermore, according to current municipal regulations,
the zoning permits triplex use.