Photo Main Photo of the property
$1,249,000 +GST/QST
ULS: 21365811

8-15-Plex for sale
22Z - 26Z Rue De Gentilly O., Longueuil (Le Vieux-Longueuil) (Vieux Longueuil)

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.
Living area 457.88 m²

Property features

1 Bathroom

DANY COLLARD

Real Estate Broker

RE/MAX ALLIANCE INC.

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*.
Dimensions 41' X 40' 1"
Year constructed 1964
Living area 457.88 m²
Siding Brick
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
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

All furniture or appliances included in the leases.

Exclusions

Lessee's personal belongings, tools belonging to owners or concierge.

Desjardins

Mortgage payment calculator

$
$
$
%

Learn more about this property's neighbourhood

The sector in a few statistics

What you need to know about real estate