$899,000
New
ULS: 24343146
Duplex
for sale
126 - 128 Rue Ste-Anne, Varennes
INVESTMENT OPPORTUNITY IN VARENNES! Fully leased semi-commercial property with increasing rental income and an exceptional location directly adjacent to Parc de la Commune and the St. Lawrence River. Commercial space on the main floor occupied by an established business, plus a renovated residential unit upstairs with a spacious terrace and stunning water views. Several improvements have been completed. Over 52 permitted commercial uses. A rare asset combining income, location and long-term potential!
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
2
Bedrooms
1
Bathroom
Addendum
A RARE INVESTMENT OPPORTUNITY IN VARENNES
A distinctive income-producing property combining an exceptional location, stable rental income and strong long-term potential.
Located at 126-128 Rue Sainte-Anne, this semi-commercial property is directly adjacent to Parc de la Commune and the St. Lawrence River, in a sought-after area of Varennes. A difficult-to-replicate location offering commercial visibility, proximity to services, a waterfront setting and an outstanding environment.
The property is fully leased and generates established rental income, recently increased through a rent adjustment.
The main floor features approximately 1,576 sq. ft. of commercial space, occupied by an established business. The property also benefits from flexible zoning allowing over 52 permitted commercial uses, providing significant versatility and long-term potential for an investor.
The upper level features a renovated two-bedroom residential unit, offering a bright and inviting living space. One of its most remarkable features is the large private terrace overlooking the St. Lawrence River and Parc de la Commune--a rare setting for an income property.
Several renovations and improvements have also been completed, contributing to the overall quality and value of the property.
The surrounding area continues to evolve and benefit from ongoing revitalization, further enhancing the appeal of this strategic location.
For investors, this property offers a highly desirable combination:
* 100% leased
* Established and increasing rental income
* Commercial and residential income streams
* Established commercial tenant
* Renovated residential unit
* Exceptional waterfront location
* Views of the St. Lawrence River
* Over 52 permitted commercial uses
* Long-term appreciation potential
A distinctive income-producing asset in a prime Varennes location, where income, scarcity and long-term potential come together.
A distinctive income-producing property combining an exceptional location, stable rental income and strong long-term potential.
Located at 126-128 Rue Sainte-Anne, this semi-commercial property is directly adjacent to Parc de la Commune and the St. Lawrence River, in a sought-after area of Varennes. A difficult-to-replicate location offering commercial visibility, proximity to services, a waterfront setting and an outstanding environment.
The property is fully leased and generates established rental income, recently increased through a rent adjustment.
The main floor features approximately 1,576 sq. ft. of commercial space, occupied by an established business. The property also benefits from flexible zoning allowing over 52 permitted commercial uses, providing significant versatility and long-term potential for an investor.
The upper level features a renovated two-bedroom residential unit, offering a bright and inviting living space. One of its most remarkable features is the large private terrace overlooking the St. Lawrence River and Parc de la Commune--a rare setting for an income property.
Several renovations and improvements have also been completed, contributing to the overall quality and value of the property.
The surrounding area continues to evolve and benefit from ongoing revitalization, further enhancing the appeal of this strategic location.
For investors, this property offers a highly desirable combination:
* 100% leased
* Established and increasing rental income
* Commercial and residential income streams
* Established commercial tenant
* Renovated residential unit
* Exceptional waterfront location
* Views of the St. Lawrence River
* Over 52 permitted commercial uses
* Long-term appreciation potential
A distinctive income-producing asset in a prime Varennes location, where income, scarcity and long-term potential come together.
Building details and property interior
Dimensions
22' 5" X 62' 6"
Year constructed
1955
Siding
Brick, Vinyl
Roofing
Elastomeric membrane
Lot and exterior features
Lot area
4,704.90 ft²
View
View of the water
Driveway
Asphalt
Parking (total)
Driveway (4)
Proximity
Park, Bicycle path, Daycare centre, High school, Highway, Elementary school
Room details
Unit 1 (Monthly residential revenue)
Kitchen
Level:
2nd level
Dimensions:
10'6" X 14'6" irr.
Flooring:
Wood
Details:
Dining room
Level:
2nd level
Dimensions:
10'3" X 12'4" irr.
Flooring:
Wood
Details:
Living room
Level:
2nd level
Dimensions:
10'4" X 10'6" irr.
Flooring:
Wood
Details:
Bathroom
Level:
2nd level
Dimensions:
4'11" X 6'5" irr.
Flooring:
Ceramic
Details:
Bedroom
Level:
2nd level
Dimensions:
9'7" X 9'10" irr.
Flooring:
Wood
Details:
Primary bedroom
Level:
2nd level
Dimensions:
10'3" X 13'6" irr.
Flooring:
Wood
Details:
Unit 2 (Commercial)
Rooms not detailed
Characteristics
Heating System
Hot water
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2023)
- Lot assessment
- $ 201,100
- Building assessment
- $ 274,900
- Total
- $ 476,000
Taxes
- Municipal (2026)
- $ 5,970
- School (2026)
- $ 335
- Total
- $ 6,305
Gross annual revenues (potential)
- Residential
- $ 22,680
- Commercial
- $ 44,400
- Total
- $ 67,080
Inclusions and exclusions
Exclusions
Tenants' personal property
Mortgage payment calculator
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This document is not an offer or a promise that may bind the seller, but is an invitation to submit such offers or promises.