***IDEAL SITE FOR MULTI-UNIT DEVELOPMENT***


MULTI-UNIT DEVELOPMENT

Become the owner of 97 - 97A and 107 Rue St-Louis (#centris: 21987607)! A total of just over 17,000 sq ft to develop your future project.

Seize a rare opportunity to acquire a strategic plot of land for a multi-unit project in one of the most dynamic cities in the Basses-Laurentides. This site offers exceptional potential for visionary developers.

ZONE: 1-C-61 allowing H-07: Multifamily (+12 units). Mixed-use occupation possible.

DEVELOPMENT PROJECT: A site plan for a 20-unit mixed-use building, designed by the firm Atelier Boréal Architecte, is available.

Saint-Eustache continues to grow, thanks to its vibrant economy and demographics, which make for a stable and promising rental market that stimulates demand for new rental units.


OWNER-OCCUPANT

Currently 2 addresses: 97 and 97A: 4 1/2 x2, storage spaces, and garage. Each tenant has 2 included parking spaces.

Building maintained over the years.

The ground floor space is currently vacant for an owner-occupant or a new tenant.

Current rent: $1,149 / month

Potential rent (current rent + vacant space) : $2,624 / month

Anticipated annual revenue: $31,488


GEOGRAPHICAL AREA

The site benefits from a prime location, offering future tenants quick access to essential amenities:

Proximity to major highways (Highway 640, Highway 13, Highway 440, Route 148, Route 117), facilitating travel to Montreal and surrounding cities.

Access to public services, including the Deux-Montagnes REM, and public transport.

Neighborhood life: The proximity to shops, parks, schools, and other services enhances the location's attractiveness for families and professionals.



*The buyer is advised that they must perform their own research and verifications with the competent authorities concerning the intended use of the property, particularly regarding municipal regulations, zoning, and permitted uses.*

**The seller's broker informs the buyer that they cannot represent them and invites them to work with their own broker. The buyer can still deal directly with the seller's broker and receive fair and equitable treatment.**

***This property must be sold with 107 Rue St-Louis. This clause appears in the brokerage contract for both properties.***