Excellent opportunity in the heart of Vieux-Longueuil village! This carefully maintained building benefits from a stable commercial tenant on the first floor, guaranteeing a reliable source of income. The 2nd floor, currently available, offers exceptional potential: modern offices or the possibility of converting it into a spacious 4 ½ room apartment. A secure and versatile investment, ideal for maximizing your return! Private parking included for added convenience.
Located in the highly sought-after Old Longueuil district, this property enjoys a strategic location close to shops, restaurants, schools, parks and public transit. It offers an attractive opportunity for both commercial and residential use.
The ground floor, comprising approximately 91 m² (980 sq. ft.), is occupied by a commercial tenant. The lease also includes the use of the small detached garage located at the rear of the property.
The second floor, comprising approximately 76 m² (818 sq. ft.), was previously used as office space by the owner. It is currently vacant, well maintained and ready for immediate occupancy. Its versatile layout offers several possibilities, including professional office space or conversion into an attractive two-bedroom apartment (4½), subject to obtaining all required municipal approvals and permits.
With its prime location, stable commercial income and the redevelopment potential of the second floor, this property represents an excellent opportunity for either an investor or an owner-occupant.
ADDITIONAL INFORMATION
APPROXIMATE FLOOR AREAS
Ground floor: 91 m² (980 sq. ft.) Second floor: 76 m² (818 sq. ft.)
COMMERCIAL LEASE DETAILS -- GROUND FLOOR
The base rents below include a monthly amount of $100 for the use of the detached rear garage.
May 1, 2026 to April 30, 2027: Base rent of $2,220 per month, equivalent to approximately $27.18 per sq. ft. annually. Additional rent of approximately $195 per month is payable, for a total monthly payment of approximately $2,415.
May 1, 2027 to April 30, 2028: Base rent of $2,280 per month, equivalent to approximately $27.92 per sq. ft. annually. Additional rent of approximately $195 per month is payable, for a total monthly payment of approximately $2,475.
May 1, 2028 to April 30, 2029: Base rent of $2,345 per month, equivalent to approximately $28.71 per sq. ft. annually. Additional rent of approximately $195 per month is payable, for a total monthly payment of approximately $2,540.
May 1, 2029 to April 30, 2030: Base rent of $2,405 per month, equivalent to approximately $29.45 per sq. ft. annually. Additional rent of approximately $195 per month is payable, for a total monthly payment of approximately $2,600.
Utilities are separately metered and are the tenant's responsibility.
PROPERTY TAX INFORMATION
The property is currently assessed as 100% commercial, which explains the relatively high annual municipal property taxes of $9,705.44 (2026 tax bill).
Should the second floor be converted to residential use, the municipal tax classification and municipal taxes may be reduced in accordance with applicable regulations. Based on the 2026 tax bill, the potential annual tax savings are estimated at approximately $2,921.