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$995,000 +GST/QST
ULS: 17498506

Commercial for sale
7935 - 7939 Rue des Forges, Montréal (Saint-Léonard)

Ideal for investors or building contractors who want to develop their residential project in sought-out area of Saint Leonard and close to all amenities. See addendum
Sale without legal warranty of quality, at the buyer's risk and peril.
Lot area 961.50 m²
STRATEGIC LOCATION! Lots of Potential with possibility to build 2 semi-detached 5 plexes. COMMERCIAL PROPERTY MUST BE DEMOLISHED.

EXCELLENT OPPORTUNITY FOR INVESTORS !!!

Immovable built in 1952 with an area of 961.50 square meters.

Currently commercial/residential zoning. Grandfather clause, vested right (droit acquis) will be lost once the property is sold. Saint-Léonard has declared this zone solely «residential».

Great opportunity for investors especially during this period of housing shortage. In this zone, only single homes, duplexes, triplexes and multi-units of 4 or 5 apartments will be authorized.

IDEAL LOCATION for investors who want to develop their future residential project on a quiet street in an already well- established and sought-out neighbourhood of Saint Leonard and walking distance to all amenities and services: Pharmacies, Restaurants, Banks, Schools, Medical Clinic, Daycare, Hospital, Park, Bicycle path, Grocery stores, 2 Arenas, the future Metro Station, easy access to Autoroute 40 and Public Transportation, and so much more! All essential services at your disposal.

Calling all investors and developers. In the meantime, while waiting to finalize your residential project you can benefit from rental income from the 2 apartments.

Buyers must make the necessary verifications with the competent authorities concerned of Saint-Léonard regarding the realization and zoning of their project.

Vendors will need approximately +/- 9 months to relocate all their equipment but this is to be discussed.

Environmental tests (Phase 1 and Phase 2) completed. Soil contamination. Report on estimation of costs of rehabilitation and environmental surveillance available on demand.

Sale without legal warranty of quality, at the buyers risk and peril.

Not to be missed!

Looking forward to meeting you.










Dimensions 67' X 41' 2"
Year constructed 1952
Lot area 961.50 m²
Proximity Highway, Public transportation
Heating System Electric baseboard units
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2023)

Lot assessment
$ 268,300
Building assessment
$ 335,600
Total
$ 603,900

Taxes

Municipal (2024)
$ 8,382
School (2024)
$ 472
Total
$ 8,854

Exclusions

All personal belongings of tenants

Desjardins

Mortgage payment calculator

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