2-PART REAL ESTATE: INVESTMENT OR STRATEGIC DEVELOPMENT

Seize a rare opportunity to acquire a strategic real estate assembly (97-107 St-Louis St.) in the heart of Saint-Eustache. This 17,000+ sq. ft. site offers exceptional potential for owner-occupants or visionary developers.

1. CURRENT STATUS AND INCOME (OWNER-OCCUPANT)
The site currently includes a commercial building, a garage, and a residential duplex (97-97A St-Louis).

-Space: Approx. 2,150 sq. ft. per floor + storage basement and 19 parking spaces.
-Income: Historical gross of $145,308 (GRM 10.32). Optimized potential up to $165,000 (GRM 9.09).
-Occupancy: Single tenant (lease until June 30, 2026, early departure possible).

2. DEVELOPMENT OPPORTUNITY (MULTI-RESIDENTIAL)
Located in ZONE 1-C-61, allowing H-07 zoning (Multi-family 12+ units) with possible mixed-use. A modern architectural concept has been developed by Atelier Boréal (Project ab_25-019) for a 20-unit building:

-Units projected : 4 Studios | 5 x 2 ½ | 6 x 3 ½ | 5 x 4 ½
-Parking: Plans include 28 spaces (14 indoor/14 outdoor). Note: The 8-space deficit vs. requirements (36) can be offset by a city contribution (~$5,000/space), maximizing site density.
-Assets: Final plans (April 8, 2026) and 3 exterior design options included.

LOCATION AND NEIGHBORHOOD
Premium location with maximum visibility. Immediate proximity to Hwy 640, 440, 13 and Rts 148, 117. Quick access to public transit and the future Deux-Montagnes REM.

IMPORTANT NOTES:

- Located in a PIIA zone.

- Tied Sale: Must be sold with 97-97A St-Louis (Centris #11457223). Also see full multiunits listing #21987607.

- Buyer responsible for due diligence regarding zoning and permitted uses.

- The listing broker provides you, the buyer, with fair and equitable treatment, as they represent the seller.

A distinctive opportunity in a stable and growing rental market. Contact us to review the architectural plans.