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1290-1292 Du Coteau-Rouge Ch 19,486 SF 100% Leased Office Building Longueuil, QC J4K 1X6 $5,000,000 CAD ($256.59 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Zoning allows redevelopment of up to four stories for multi-family housing.
- 9,871 sq ft of commercial area.
- Dual access from Chemin du Coteau-Rouge, La Fayette Street, and La Salle Street for maximum site flexibility.
Executive Summary
This mixed-use investment property in Le Vieux-Longueuil offers immediate revenue and long-term upside potential. Comprising two detached buildings with seven fully leased residential units and two commercial spaces, the property generates stable rental income and provides redevelopment flexibility. Current zoning permits multi-family housing of up to four stories, creating significant value-add potential for investors targeting future densification opportunities.
Strategically located with triple frontage and three access points along Chemin du Coteau-Rouge, La Fayette Street, and La Salle Street, the property benefits from strong connectivity to key arterial routes, public transit, and a dense residential district. Proximity to highways, educational institutions (including CEGEP), and services strengthens demand for both residential and commercial tenants.
Positioned within the thriving Greater Montreal market, this asset combines immediate cash flow with compelling redevelopment options, making it an attractive acquisition for private investors, developers, or portfolio aggregators. GST/QST applies to the sale price.
Strategically located with triple frontage and three access points along Chemin du Coteau-Rouge, La Fayette Street, and La Salle Street, the property benefits from strong connectivity to key arterial routes, public transit, and a dense residential district. Proximity to highways, educational institutions (including CEGEP), and services strengthens demand for both residential and commercial tenants.
Positioned within the thriving Greater Montreal market, this asset combines immediate cash flow with compelling redevelopment options, making it an attractive acquisition for private investors, developers, or portfolio aggregators. GST/QST applies to the sale price.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
19,486 SF
Building Class
B
Year Built
2004
Price
$5,000,000 CAD
Price Per SF
$256.59 CAD
Cap Rate
6.50%
NOI
$325,000 CAD
Percent Leased
100%
Building Height
3 Stories
Typical Floor Size
6,495 SF
Parking
16 Spaces (0.82 Spaces per 1,000 SF Leased)
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Moderately walkable
70/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
60/100
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1290-1292 Du Coteau-Rouge Ch
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