Invest in this semi-commercial building at the entrance to Vieux-Longueuil, within close proximity to Cégep Édouard-Montpetit, it's show theatre, and Jacques-Rousseau high school. Strategically located at the crossroad of Chemin de Chambly and Gentilly Ouest, this location is easily accessible by both public transit and car. Composed of 4 residential studio apartments and 6 commercial units, this multi-functional building is home to a variety of local businesses, such as health and beauty services, a food distributor, a seamstress, and more. Don't miss this unique investment opportunity!
Sale without legal warranty of quality, at the buyer's risk and peril.
LOCATION: - directly across from Cégep Édouard-Montpetit and École secondaire Jacques-Rousseau - 1 min from: convenience store, cafés, bank, and other restaurants - 2 min from Centre commercial Jacques-Cartier (grocery stores, boutiques, restaurants, gym, cinema...) - 10 min from Longueuil Université-de-Sherbrooke metro station - close to several bus stops - 12 min from Montreal - 10 min from L'Ile Ste-Hélène (Casino, music festivals, LaRonde, Circuit Gilles-Villeneuve)
THE BUILDING: - 4 bright studio apartments - 6 commercial units (1 vacant 600 sq.ft. unit) - well-maintained building - 5773sq.ft. lot (57sq.ft. frontage and 100sq.ft. depth)
*THE BUYER undertakes, at his own expense, to take all necessary steps with the appropriate authorities to obtain confirmation that the intended use of the building complies with the relevant zoning provisions and the Longueuil Site Planning and Architectural Integration Program*.
Building details and property interior
Dimensions
41' X 40' 1"
Year constructed
1964
Living area
457.88 m²
Siding
Brick
Lot and exterior features
Lot size
57' X 100' 6"
Lot area
532.50 m²
Driveway
Asphalt
Proximity
Highway, CEGEP, Daycare centre, Golf, Hospital, Metro, Park, Bicycle path, Elementary school, High school, Public transportation, University
Characteristics
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Environmental Study
Phase 1 (2010, 02)
Financial details
Municipal assessment (2022)
Lot assessment
$ 160,900
Building assessment
$ 489,600
Total
$ 650,500
Taxes
Municipal
(2023)
$ 13,419
School
(2023)
$ 588
Total
$ 14,007
Annual expenses
Insurance
$ 3,769
Other
$ 902
Snow removal
$ 1,006
Total
$ 5,677
Energy expenses
Electricity
$ 9,304
Total
$ 9,304
Gross annual revenues (potential)
Residential
$ 33,420
Commercial
$ 65,892
Total
$ 99,312
Inclusions and exclusions
Inclusions
All furniture or appliances included in the leases.
Exclusions
Lessee's personal belongings, tools belonging to owners or concierge.