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.