$899,000
New
ULS: 9141327
Duplex
for sale
126 - 128 Rue Ste-Anne, Varennes
Exceptional semi-commercial property in the heart of Varennes offering a prime location directly backing onto Parc de la Commune and the St. Lawrence River. Features a commercial space leased to the well-established and reputable Filet Gourmand, along with a renovated residential unit offering a stunning terrace with breathtaking water views. Located in a rapidly growing area with the upcoming opening of Varennes' new beach this summer, expected to significantly increase traffic and activity in the sector. Over 52 permitted commercial uses. Rare investment opportunity with stable income and strong long-term appreciation potential.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
2
Bedrooms
1
Bathroom
Addendum
A rare investment opportunity in one of Varennes' most sought-after locations.
This distinctive semi-commercial property stands out for its exceptional positioning directly backing onto the beautiful Parc de la Commune and the shores of the St. Lawrence River. A signature location offering both an outstanding lifestyle environment and remarkable commercial potential rarely found on today's market.
The property includes a commercial unit on the ground floor as well as a residential apartment on the upper level, both currently leased with stable rental income in place.
The commercial space is occupied by Filet Gourmand, a well-established and highly reputable business known throughout Montreal's South Shore for its strong brand presence and loyal clientele. A quality commercial tenant that contributes stability and long-term value to the asset.
The residential unit has been renovated and offers an exceptional living environment featuring a beautiful terrace with breathtaking views of the St. Lawrence River and the park. A truly unique setting where nature, tranquility and accessibility come together.
The area is currently experiencing strong growth and increasing demand. The upcoming opening of Varennes' new public beach this summer is expected to further enhance the sector by increasing foot traffic to the park and surrounding businesses, adding even greater long-term value to this strategic location.
Another major advantage: the City allows more than 52 different commercial uses at this location, providing exceptional flexibility and strong future redevelopment and appreciation potential for investors.
Properties combining:
waterfront surroundings;
stable rental income;
a recognized commercial tenant;
long-term appreciation potential;
and a highly desirable location;
remain extremely rare and highly sought-after on the market.
A distinctive income-producing asset offering stability, premium positioning and outstanding upside potential in one of Varennes' most desirable sectors.
This distinctive semi-commercial property stands out for its exceptional positioning directly backing onto the beautiful Parc de la Commune and the shores of the St. Lawrence River. A signature location offering both an outstanding lifestyle environment and remarkable commercial potential rarely found on today's market.
The property includes a commercial unit on the ground floor as well as a residential apartment on the upper level, both currently leased with stable rental income in place.
The commercial space is occupied by Filet Gourmand, a well-established and highly reputable business known throughout Montreal's South Shore for its strong brand presence and loyal clientele. A quality commercial tenant that contributes stability and long-term value to the asset.
The residential unit has been renovated and offers an exceptional living environment featuring a beautiful terrace with breathtaking views of the St. Lawrence River and the park. A truly unique setting where nature, tranquility and accessibility come together.
The area is currently experiencing strong growth and increasing demand. The upcoming opening of Varennes' new public beach this summer is expected to further enhance the sector by increasing foot traffic to the park and surrounding businesses, adding even greater long-term value to this strategic location.
Another major advantage: the City allows more than 52 different commercial uses at this location, providing exceptional flexibility and strong future redevelopment and appreciation potential for investors.
Properties combining:
waterfront surroundings;
stable rental income;
a recognized commercial tenant;
long-term appreciation potential;
and a highly desirable location;
remain extremely rare and highly sought-after on the market.
A distinctive income-producing asset offering stability, premium positioning and outstanding upside potential in one of Varennes' most desirable sectors.
Building details and property interior
Dimensions
22' 5" X 62' 6" irr.
Year constructed
1955
Windows
PVC
Window Type
Casement
Siding
Brick
Roofing
Elastomeric membrane
Lot and exterior features
Lot area
4,704.90 ft²
Water (access)
Access (FLEUVE), Navigable
View
View of the water
Distinctive Features
No rear neighbours
Driveway
Asphalt
Parking (total)
Driveway (4)
Proximity
Daycare centre, Bicycle path, Highway, High school, park de la commune, 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:
Hall
Level:
2nd level
Dimensions:
5'3" X 9'0" irr.
Flooring:
Wood
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
Electric baseboard units
Heating Energy
Electricity
Property or unit amenity
Wall-mounted air conditioning
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2023)
- Lot assessment
- $ 201,100
- Building assessment
- $ 276,900
- Total
- $ 478,000
Taxes
- Municipal (2026)
- $ 5,971
- School (2025)
- $ 330
- Total
- $ 6,301
Annual expenses
- Insurance
- $ 2,560
- Total
- $ 2,560
Energy expenses
- Electricity
- $ 750
- Total
- $ 750
Gross annual revenues (potential)
- Residential
- $ 22,680
- Commercial
- $ 42,000
- Total
- $ 64,680
Inclusions and exclusions
Inclusions
Residential unit washer & dryer
Exclusions
Tenant's property
Mortgage payment calculator
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