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97 Rue Saint-Laurent 9,908 SF 100% Leased Retail Building St-Eustache, QC J7P 3Z5 $1,999,900 CAD ($201.85 CAD/SF)
Investment Highlights
- Seventeen income-generating units: six apartments, ten warehouses, and one commercial space.
- Highly accessible site near highways, health services, parks, and schools.
- Residential leases renewed until June 2027 for secure, long-term tenancy.
Executive Summary
This investment property offers an exceptional opportunity with a diversified income stream in a desirable Saint-Eustache location. The building features a total of 17 rentable spaces: six residential units, ten warehouse spaces, and one commercial area. The residential mix includes four 4½ units and two 3½ units, all secured with lease renewals extending through June 2027, ensuring a consistent revenue base and occupancy stability.
Positioned on a large 23,099-square-foot parcel with nearly 39 meters of frontage, the property benefits from strong visibility and convenient accessibility. Tenants enjoy easy access to major highways, schools, hospitals, parks, and public transit, making this property attractive for various users. The site is equipped with municipal water and sewer systems, electric heating, and a paved driveway, supporting both residential and commercial functions.
With potential gross annual revenues exceeding $147,000, upgraded with inclusion of warehouse rental income, this asset combines residential, storage, and commercial demand in one strategic location. The offering is particularly compelling for investors pursuing a stable income property with value-add potential. Purchase price is subject to GST and QST.
Positioned on a large 23,099-square-foot parcel with nearly 39 meters of frontage, the property benefits from strong visibility and convenient accessibility. Tenants enjoy easy access to major highways, schools, hospitals, parks, and public transit, making this property attractive for various users. The site is equipped with municipal water and sewer systems, electric heating, and a paved driveway, supporting both residential and commercial functions.
With potential gross annual revenues exceeding $147,000, upgraded with inclusion of warehouse rental income, this asset combines residential, storage, and commercial demand in one strategic location. The offering is particularly compelling for investors pursuing a stable income property with value-add potential. Purchase price is subject to GST and QST.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,908 SF
Building Class
C
Year Built
1987
Price
$1,999,900 CAD
Price Per SF
$201.85 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.43
Lot Size
0.53 AC
Zoning
9C-17
Parking
18 Spaces (1.82 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 2
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97 Rue Saint-Laurent
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