95-97 Saint-Sylvestre Rue - Storefront Retail/Residential FOR SALE


Longueuil, QC J4H 2W1
$635,000 CAD
579-999-5310
95-97 Saint-Sylvestre Rue, Longueuil, QC for Sale
$635,000 CAD
Storefront Retail/Residential - FOR SALE
1/22
null | Request Cap Rate

95-97 Saint-Sylvestre Rue
Longueuil, QC J4H 2W1


HIGHLIGHTS

  • Ground floor leased to a stable commercial tenant
  • Second floor offers conversion potential for office or residential use
  • Well-maintained property with long-term income security
  • Located near retail, dining, schools, parks, and public transportation

OVERVIEW

Remarks Excellent opportunity in the heart of Vieux-Longueuil village! This carefully maintained building benefits from a stable commercial tenant on the first floor, guaranteeing a reliable source of income. The 2nd floor, currently available, offers exceptional potential: modern offices or the possibility of converting it into a spacious 4 ½ room apartment. A secure and versatile investment, ideal for maximizing your return! Private parking included for added convenience. Addendum Located in the sought-after Vieux-Longueuil neighborhood, this building combines a strategic location with remarkable potential. Close to all amenities--including shops, restaurants, schools, parks, and public transportation--it offers an ideal living and working environment for both residents and visitors. The ground floor is occupied by a stable and reliable commercial tenant, ensuring steady income. This well-maintained space reflects the care taken in managing and maintaining the property. The second floor, currently vacant, represents an exceptional opportunity. Its versatile layout allows it to meet a variety of needs: it can be converted into a professional office, offering an elegant and functional setting for business, or transformed into a superb 4½-bedroom residence, perfect for future occupants seeking a unique living space. With its timeless charm, prime location, and flexible development potential, this building is a rare find on the market. Whether for an investor seeking a high-value-added property or a visionary entrepreneur, this property will meet the highest expectations. Don't miss this unique opportunity in one of Longueuil's most sought-after neighborhoods! ADDITIONAL INFORMATION: DETAILS OF THE GROUND-FLOOR COMMERCIAL LEASE May 1, 2025 -- April 30, 2026: $2,060 per month, or $25.10 per square foot May 1, 2026 -- April 30, 2027 $2,120 per month, or $25.83 per square foot May 1, 2027 -- April 30, 2028 $2,180 per month, or $26.56 per square foot May 1, 2028 -- April 30, 2029: $2,245 per month, or $27.35 per square foot May 1, 2029 -- April 30, 2030: $2,305 per month, or $28.08 per square foot In addition to this base rent, the non-residential property tax surcharge must be recovered, representing an additional rent of $2,352.72 for the year 2026, or $196.06 per month, or $2.39 per square foot (gross area of 985 square feet). Metered utilities are the tenant's responsibility. TAX SPECIFICATIONS The property is currently zoned 100% commercial, which explains the high annual municipal tax bill of $9,705.44. Important Note: If the upstairs unit is converted into residential housing, municipal taxes will be reduced in accordance with current regulations, which should result in savings of approximately $2,921 per year (based on 2026 billing).

FOR SALE DETAILS

PRICE

$635,000 CAD

PRICE/SF

$320 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

2,946 SF

ZONING

C22-103

APN/PARCEL ID

2007662

ASK ABOUT THIS PROPERTY

Richard BoivinReMax Performance Inc.More Info
579-999-5310

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Richard BoivinReMax Performance Inc.More Info
579-999-5310

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