Two adjacent lots in Sainte-Dorothée, totaling 22,000 sq. ft., situated less than 500 meters from the future REM station, set to open in 2025. This prime development opportunity offers the potential for up to 50 units. With demolition permits already approved, and preliminary plans for a 30-unit, 3-story building submitted to the city, this property is an excellent investment for developers in a sought-after location.
Sale without legal warranty of quality, at the buyer's risk and peril.
For Sale: Two Adjacent Lots in Sainte-Dorothée - Real Estate Development Opportunity
-Ideally located in Sainte-Dorothée, less than 500 meters from the future REM (scheduled for 2025), these two adjacent lots total an area of 22,000 sq. ft.
-Perfectly positioned for a development project, these lots offer a unique opportunity for construction with the potential to accommodate up to 50 units.
Key Features:
-Strategic location in Sainte-Dorothée, a rapidly growing neighborhood with easy access to all amenities.
-Proximity to the REM: Just a few minutes' walk from the future station, a major asset for increasing the project's value.
-Demolition permits approved: Permits for demolishing the existing houses are already in hand, facilitating a quick start to the work.
-30-unit, 3-story project: Preliminary plans for the construction of a 30-unit, 3-story building have already been submitted to the municipality, providing a solid foundation to begin the project.
An opportunity not to be missed for investors and real estate developers. Strategic location in a high-growth area.
**The buyer will need to conduct their own research and verification with the relevant authorities and experts to confirm the feasibility of the project they wish to undertake on these lots.**
Lot and exterior features
Lot size
103' 9" X 88' 5"
Lot area
21,288 ft²
Topography
Flat
Distinctive Features
2 lots of land for sale together.
Proximity
CEGEP, Daycare centre, Golf, Park, Bicycle path, Elementary school, High school, Public transportation, Highway
Characteristics
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
Lot assessment
$ 199,100
Building assessment
$ 54,100
Total
$ 253,200
Taxes
Municipal
(2024)
$ 2,191
School
(2024)
$ 209
Total
$ 2,400
Inclusions and exclusions
Inclusions
Lot 1850331: house and Shed on the land. Lot 1850330: house and shed on the Land.