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Investment Highlights

  • Centrally located with proximity to services, public transit, schools, healthcare, and shopping.
  • Situated on a 8,235 sq. ft. lot with paved parking and municipal infrastructure.
  • Commercial space flexibility to attract long-term tenants from diverse sectors.

Executive Summary

201–203 Rue Hériot presents an exceptional income-producing investment in the core of Drummondville. This four-story building combines residential stability with commercial diversity, comprising 13 residential units and 2 ground-level commercial spaces. Generating a strong gross annual revenue of approximately $150,437, the property is further enhanced by consistent upkeep and significant recent upgrades — including a roof replacement in 2020, updated water heaters, and rear gallery improvements completed in 2025.
Situated on a generously sized corner lot with paved parking for five vehicles, this asset occupies a strategic downtown location near essential services, schools, major retailers, and the scenic Saint-François River. The property’s mixed-use zoning supports a variety of long-term investment strategies while benefiting from strong market fundamentals in one of Centre-du-Québec’s most dynamic cities. Investors will appreciate both the current revenue stream and the potential for operational enhancements over time. With close access to highways and urban conveniences, this property is an attractive opportunity for portfolio diversification and sustained cash flow in a region with stable economic growth.

Property Facts

Price $1,699,900 CAD
Price Per Unit $113,327 CAD
Sale Type Investment
No. Units 15
Property Type Multifamily
Building Size 8,235 SF
No. Stories 4
Year Built 1931
Zoning Residential/Commercial

Amenities

Unit Amenities

  • Air Conditioning
Exceptionally walkable
90/100
Moderately drivable
70/100
Moderately bikeable
70/100
  • Listing ID: 41075910

  • Date on Market: 2026-06-26

  • Last Updated:

  • Address: 203 Rue Hériot, Drummondville, QC J2C 1J9

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