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Investment Highlights

  • Zoning as of right allowing the construction of a mixed-use multi-residential project with 11 floors.
  • The commercial aspect of the project will benefit from densification and the limited surrounding supply, thereby increasing demand and the rental price per square foot.
  • 11-storey multi-residential project with commercial space on the ground floor, permitted by right according to zoning, subject to an SPA (Site Plan Approval).
  • Proximity to numerous health services, ideal for a senior or retirement residence project.

Executive Summary

Zoning by right allowing the construction of a mixed-use multi-residential project of 11 stories. New developing neighborhood, directly at exit 106 of Highway 40, offering accessibility and high density potential. The commercial part of the project will benefit from densification and limited surrounding supply, thereby increasing demand and rental price per square foot. Close proximity to numerous health services, ideal for a senior or retirement residence project. Complete the Access to the data room form on the Landerz webpage to access all documentation.

Property Facts

Price $3,200,000 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
Total Lot Size 1.07 AC
Zoning Mixte - Zoning by right allowing the construction of an 11-storey mixed-use multi-residential project.

1 Lot Available

Lot 5890114

Price $3,200,000 CAD
Price Per AC $3,002,842.38 CAD
Lot Size 1.07 AC

Vacant land at the corner of Highway 40 and Louis-Phillipe Picard Boulevard in Repentigny.

Description

Zoning by right permits the construction of an 11-story mixed-use multi-residential development. Located in a newly developed neighborhood, directly off Exit 106 of Highway 40, offering excellent accessibility and high-density potential. The commercial component of the project will benefit from the area's densification and the limited availability of surrounding land, driving up demand and rental rates per square foot. Proximity to numerous healthcare services makes this an ideal location for a senior living or retirement residence project.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
20/100
  • Listing ID: 35954533

  • Date on Market: 2025-05-22

  • Last Updated:

  • Address: Blvd Louis-Philippe-Picard, Repentigny, QC J5Y 4G1

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