STRATEGIC OPPORTUNITY IN ST-EUSTACHE: INVESTMENT OR DEVELOPMENT

Seize the chance to acquire a prime real estate complex (97--107 St-Louis Street) in the heart of Old St-Eustache. A vast lot of over 17,000 sq. ft. offering two highly profitable avenues:


OPTION 1: INVESTMENT OR OWNER-OCCUPANT

- Inclusions: A spacious commercial building (2,150 sq. ft./floor), a double garage, a duplex, and 15 to 20 parking spaces.
- Income: Historical revenue of $145,308/year, with optimization potential to $165,308/year.
- Flexibility: Commercial space is fully vacant. Residential space is 50% occupied. Easy optimization!


OPTION 2: DEVELOPMENT (20-UNIT PROJECT)

- Advantageous zoning: Permits multi-family construction (12+ units) and mixed-use development (Zone H-07).
- Developer-ready: Sold with recent architectural plans (Atelier Boréal) and 3 exterior design options for a superb 20-unit project (ranging from studios to 4½ units).
- Densification: Solution already devised with the City to meet required parking space quotas.


PREMIUM LOCATION

Maximum visibility. Just minutes from highways (640, 13, 440), the future REM, and all neighborhood amenities (parks, schools, shops).


KEY INFORMATION

- Mandatory bundled sale: The commercial building must be sold together with the adjacent duplex at 97--97A St-Louis (Centris #21982022).
- The site is subject to PIIA (Site Planning and Architectural Integration Program) regulations. - The buyer is responsible for verifying the compliance of their project with the competent authorities (zoning, permitted uses).
- The seller's broker offers you, as the buyer, fair and equitable treatment, given that they represent the seller.

A rare opportunity in a rapidly developing area. Contact us to view the plans or schedule a visit!