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59-65 Montée Robert 4,000 SF 100% Leased Retail Building Saint-Basile-le-Grand, QC J3N 1L7 $919,000 CAD ($229.75 CAD/SF)
Investment Highlights
- Two large residential units on the second floor, offering additional income.
- Located in a high-traffic corridor near Saint-Bruno with strong visibility.
- Two established commercial tenants, including a restaurant and hair salon.
Executive Summary
This semi-commercial property in Saint-Basile-le-Grand offers a unique opportunity for investors or owner-occupants seeking a versatile asset with both commercial and residential components. Located in a high-traffic area near Saint-Bruno, the property benefits from strong visibility and convenient access to major routes and local amenities.
The building features two established ground-floor commercial units, currently occupied by a restaurant and a hair salon, ensuring a steady income stream. Above, two spacious 5½ residential apartments provide additional revenue potential, with one unit currently owner-occupied and the other leased. This configuration allows for flexible use, whether as a live-work arrangement or a diversified investment.
Positioned in a growing suburban market, the property combines stable tenancy with long-term upside. Its proximity to highways and public transit enhances accessibility for both customers and residents. With municipal services in place and zoning that supports both commercial and residential uses, this asset is well-suited for those seeking a balanced portfolio addition or a practical operational base.
The building features two established ground-floor commercial units, currently occupied by a restaurant and a hair salon, ensuring a steady income stream. Above, two spacious 5½ residential apartments provide additional revenue potential, with one unit currently owner-occupied and the other leased. This configuration allows for flexible use, whether as a live-work arrangement or a diversified investment.
Positioned in a growing suburban market, the property combines stable tenancy with long-term upside. Its proximity to highways and public transit enhances accessibility for both customers and residents. With municipal services in place and zoning that supports both commercial and residential uses, this asset is well-suited for those seeking a balanced portfolio addition or a practical operational base.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,000 SF
Building Class
C
Year Built
1960
Price
$919,000 CAD
Price Per SF
$229.75 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.57
Lot Size
0.16 AC
Parking
5 Spaces (1.25 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 2
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59-65 Montée Robert
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