$899,000 +GST/QST
New
ULS: 20310809
Commercial
for sale
286 - 290 Ch. des Patriotes, Saint-Mathias-sur-Richelieu
Opportunity to acquire a profitable income property, both commercial and residential. -2 residential units on the 2nd floor. 2x 4-1/2, at $1,200 each. -Commercial area on the ground floor totaling 2,210 sq. ft., divided into 2 units: $1,700 (accounting) and $800 (art gallery). -Basement rental income without a lease: $600/month. -Sale is taxable on the commercial portion only. -Annual revenue: $66,000. -Building completely renovated in 2014 following a fire (over 90% rebuilt). -Turnkey. ZONING: residential (multifamily - 40%), commercial (60%): see usage grid (local services, accommodation, automotive-related uses, food service).
Lot area
716.90 m²
JULIEN MASSE
Residential Real Estate Broker
Addendum
Unique opportunity to acquire a turnkey, positive cash flow income property, offering a total annual revenue of $66,000.
Exceptional location in close proximity to the Richelieu River, located at 286-290 Ch. des Patriotes, in Saint-Mathias-sur-Richelieu.
The ground floor features 2,210 sq. ft. of commercial space, divided into two distinct units, ideal for professional offices or businesses needing visibility and accessibility. Short-term leases totaling $2,300 + taxes, with the possibility to operate the building yourself or renew leases for a longer term. The sale is taxable only on the commercial portion (60% of the building's value; it is possible to register for taxes even without owning a business -- confirm with your accountant).
On the second floor, you will find two residential 4½ apartments rented at $1,200 each. High ceilings, large balconies, and modern finishes. Rent to go up to 1,300$ each starting July 1st.
The basement offers a storage space rented (currently without a lease) at $600/month, generating steady additional income. Possibility to optimize to increase revenue.
The building was completely renovated in 2014, with more than 90% reconstructed.
ZONING: multifamily residential and commercial: see usage grid (local services, accommodation, automotive-related uses, food service).
Exceptional location in close proximity to the Richelieu River, located at 286-290 Ch. des Patriotes, in Saint-Mathias-sur-Richelieu.
The ground floor features 2,210 sq. ft. of commercial space, divided into two distinct units, ideal for professional offices or businesses needing visibility and accessibility. Short-term leases totaling $2,300 + taxes, with the possibility to operate the building yourself or renew leases for a longer term. The sale is taxable only on the commercial portion (60% of the building's value; it is possible to register for taxes even without owning a business -- confirm with your accountant).
On the second floor, you will find two residential 4½ apartments rented at $1,200 each. High ceilings, large balconies, and modern finishes. Rent to go up to 1,300$ each starting July 1st.
The basement offers a storage space rented (currently without a lease) at $600/month, generating steady additional income. Possibility to optimize to increase revenue.
The building was completely renovated in 2014, with more than 90% reconstructed.
ZONING: multifamily residential and commercial: see usage grid (local services, accommodation, automotive-related uses, food service).
Building details and property interior
Dimensions
60' X 40' irr.
Year constructed
2014
Dividing Floor
Wood
Lot and exterior features
Lot size
70' 11" X 122' 3" irr.
Lot area
716.90 m²
Driveway
Asphalt
Parking (total)
Driveway (10)
Characteristics
Heating Energy
Electricity
Property or unit amenity
Signs allowed
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 180,400
- Building assessment
- $ 418,200
- Total
- $ 598,600
Taxes
- Municipal (2026)
- $ 7,792
- School (2025)
- $ 449
- Total
- $ 8,241
Annual expenses
- Insurance
- $ 4,083
- Snow removal
- $ 700
- Total
- $ 4,783
Inclusions and exclusions
Exclusions
Tenants property
Mortgage payment calculator
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