$1,500,000 +GST/QST
ULS: 22051811
Commercial
for sale
78 - 84 Rue St-Louis, Longueuil (Le Vieux-Longueuil) (Lemoyne)
Rev Brut 122400$, Expenses 28336$, Rev Net 94064$. Excellent investment opportunity offering great value in a strategic location. Two-storey commercial building occupied by long-established, reputable tenants, ensuring stable rental income and solid returns. The property has been fully renovated and well maintained over the years. It includes 11 parking spaces at the rear - a rare advantage in this area. Located in a rapidly developing sector near the Victoria and Jacques-Cartier bridges, the property enjoys high visibility on a busy main road.
Addendum
Gross Income = 122400$
Expenses = 28336$
Net = 94064$
Excellent investment opportunity offering great value in a strategic location. Two-storey commercial building occupied by long-established, reputable tenants, ensuring stable rental income and solid returns. The property has been fully renovated and well maintained over the years. It includes 11 parking spaces at the rear - a rare advantage in this area. Located in a rapidly developing sector near the Victoria and Jacques-Cartier bridges, the property enjoys high visibility on a busy main road.
*List of Work Completed Since May 2024:**
**2024
- Replaced 5 water heaters (out of 7)
- Completely overhauled the plumbing in the basement and replaced all questionable pipes and fittings
- Poured new concrete support pillars in the basement of unit 84
- Repaired exterior staircase (welding, painting) and anchored it to the building
- Full inspection of the building's electrical systems
- Replaced the main electrical panel for unit 80
- Replaced the electrical panel for unit 78-B-101
- Repainted the parking lot lines
- Complete caulking of the glass canopy
- Installed new ceramic flooring at the entrance of 78-B
- Repaired and repainted the entire atrium of 78-B
- Installed a thermostatic fan in the glass canopy gable for better temperature control
- Replaced wooden roof cable supports with galvanized steel brackets
- Full perimeter inspection and replacement of caulking where needed
- Installed a new sump pump in the basement of 78
- Installed a new terrace light fixture at 82
- Installed a new control system for the exterior parking lights
***2025
- Repaired plaster and fully repainted unit 78-B-102
- Repaired and partially rebuilt the rear rooftop terrace
- Fully stained the rear rooftop terrace
- Complete renovation of unit #82 (residential rental apartment)
- Excavated and replaced the sealed basement window panels
- Waterproofed the foundation up to the level of the sealed windows (entire front façade)
- Fully rebuilt the front facade (steps, railings, guardrails, planters, etc.)
Expenses = 28336$
Net = 94064$
Excellent investment opportunity offering great value in a strategic location. Two-storey commercial building occupied by long-established, reputable tenants, ensuring stable rental income and solid returns. The property has been fully renovated and well maintained over the years. It includes 11 parking spaces at the rear - a rare advantage in this area. Located in a rapidly developing sector near the Victoria and Jacques-Cartier bridges, the property enjoys high visibility on a busy main road.
*List of Work Completed Since May 2024:**
**2024
- Replaced 5 water heaters (out of 7)
- Completely overhauled the plumbing in the basement and replaced all questionable pipes and fittings
- Poured new concrete support pillars in the basement of unit 84
- Repaired exterior staircase (welding, painting) and anchored it to the building
- Full inspection of the building's electrical systems
- Replaced the main electrical panel for unit 80
- Replaced the electrical panel for unit 78-B-101
- Repainted the parking lot lines
- Complete caulking of the glass canopy
- Installed new ceramic flooring at the entrance of 78-B
- Repaired and repainted the entire atrium of 78-B
- Installed a thermostatic fan in the glass canopy gable for better temperature control
- Replaced wooden roof cable supports with galvanized steel brackets
- Full perimeter inspection and replacement of caulking where needed
- Installed a new sump pump in the basement of 78
- Installed a new terrace light fixture at 82
- Installed a new control system for the exterior parking lights
***2025
- Repaired plaster and fully repainted unit 78-B-102
- Repaired and partially rebuilt the rear rooftop terrace
- Fully stained the rear rooftop terrace
- Complete renovation of unit #82 (residential rental apartment)
- Excavated and replaced the sealed basement window panels
- Waterproofed the foundation up to the level of the sealed windows (entire front façade)
- Fully rebuilt the front facade (steps, railings, guardrails, planters, etc.)
Building details and property interior
Dimensions
91' 2" X
Year constructed
1909
Windows
Aluminum, PVC
Siding
Aluminum, Brick
Roofing
Elastomeric membrane
Basement
Low (less than 6 feet)
Lot and exterior features
Lot size
100' X 112'
Driveway
Asphalt
Parking (total)
Driveway (11)
Proximity
Metro, Public transportation
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Environmental Study
Phase 1 (2001, 2)
Financial details
Municipal assessment (2023)
- Lot assessment
- $ 336,300
- Building assessment
- $ 650,600
- Total
- $ 986,900
Taxes
- Municipal (2025)
- $ 19,734
- School (2025)
- $ 629
- Total
- $ 20,363
Annual expenses
- Insurance
- $ 5,260
- Snow removal
- $ 2,070
- Total
- $ 7,330
Energy expenses
- Electricity
- $ 644
- Total
- $ 644
Inclusions and exclusions
Exclusions
Tenant Articles.
Mortgage payment calculator
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