Strategic opportunity in St-Eustache near the future REM and major highways. A 12,000 sq. ft. lot including a commercial building and garage. Must be sold together with the duplex (97-97A St-Louis - MLS: 21982022). CURRENTLY: Optimized revenue potential of approximately $165,000/year. FOR DEVELOPERS see MLS: 21987607. Zone H-07 - 12+ units. Included: redevelopment project for 20 units (4 studios, 5x 2.5, 6x 3.5, 5x 4.5) with plans by Atelier Boréal and 3 design options. Further densification is possible via a parking agreement with the city. Ideal for an owner-occupant or developer.
Sale with exclusion(s) of legal warranty - See listing broker(s)
2-PART REAL ESTATE: INVESTMENT OR STRATEGIC DEVELOPMENT
Seize a rare opportunity to acquire a strategic real estate assembly (97-107 St-Louis St.) in the heart of Saint-Eustache. This 17,000+ sq. ft. site offers exceptional potential for owner-occupants or visionary developers.
1. CURRENT STATUS AND INCOME (OWNER-OCCUPANT) The site currently includes a commercial building, a garage, and a residential duplex (97-97A St-Louis).
-Space: Approx. 2,150 sq. ft. per floor + storage basement and 19 parking spaces. -Income: Historical gross of $145,308 (GRM 10.32). Optimized potential up to $165,000 (GRM 9.09). -Occupancy: Single tenant (lease until June 30, 2026, early departure possible).
2. DEVELOPMENT OPPORTUNITY (MULTI-RESIDENTIAL) Located in ZONE 1-C-61, allowing H-07 zoning (Multi-family 12+ units) with possible mixed-use. A modern architectural concept has been developed by Atelier Boréal (Project ab_25-019) for a 20-unit building:
-Units projected : 4 Studios | 5 x 2 ½ | 6 x 3 ½ | 5 x 4 ½ -Parking: Plans include 28 spaces (14 indoor/14 outdoor). Note: The 8-space deficit vs. requirements (36) can be offset by a city contribution (~$5,000/space), maximizing site density. -Assets: Final plans (April 8, 2026) and 3 exterior design options included.
LOCATION AND NEIGHBORHOOD Premium location with maximum visibility. Immediate proximity to Hwy 640, 440, 13 and Rts 148, 117. Quick access to public transit and the future Deux-Montagnes REM.
IMPORTANT NOTES:
- Located in a PIIA zone.
- Tied Sale: Must be sold with 97-97A St-Louis (Centris #11457223). Also see full multiunits listing #21987607.
- Buyer responsible for due diligence regarding zoning and permitted uses.
- The listing broker provides you, the buyer, with fair and equitable treatment, as they represent the seller.
A distinctive opportunity in a stable and growing rental market. Contact us to review the architectural plans.
Building details and property interior
Dimensions
67' 5" X 38' 11" irr.
Year constructed
1975
Siding
Wood
Garage
Heated, Detached, Double width or more
Basement
6 feet and more, Partially finished
Lot and exterior features
Lot size
152' 2" X 158' 1" irr.
Lot area
1,170.40 m²
Distinctive Features
Street corner
Driveway
Asphalt
Parking (total)
Garage (2), Driveway (19)
Proximity
Commuter train, Public transportation, Highway, Réseau Express Métropolitain (REM)
Characteristics
Heating System
Forced air
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2025)
Lot assessment
$ 506,700
Building assessment
$ 643,300
Total
$ 1,150,000
Taxes
Municipal
(2025)
$ 17,795
School
(2025)
$ 808
Total
$ 18,603
Inclusions and exclusions
Exclusions
All furniture belonging to the tenant (in the garage space also)