203 Rue Hériot - Multi-Family FOR SALE


Drummondville, QC J2C 1J9
$1,699,900 CAD
819-481-0551

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$1,699,900 CAD
Multi-Family - FOR SALE
null | Request Cap Rate

203 Rue Hériot
Drummondville, QC J2C 1J9


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,699,900 CAD

PRICE/SF

$206 CAD /SF

# OF UNITS

15

PRICE/UNIT

$113,327

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Residential/Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Alexandre BoisvertAgence immobilière IRMore Info
819-481-0551

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Alexandre BoisvertAgence immobilière IRMore Info
819-481-0551

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.