$669,000 +GST/QST
ULS: 16604998
Duplex
for sale
95 - 97 Rue St-Sylvestre, Longueuil (Le Vieux-Longueuil) (Vieux Longueuil)
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.
Property features
2
Bedrooms
1
Powder room
Addendum
Located in the sought-after area of Vieux-Longueuil, this building combines strategic location with remarkable potential. Close to all amenities, such as shops, restaurants, schools, parks and public transport, it offers an ideal living and working environment for occupants and visitors alike.
The first floor is occupied by a stable and reliable commercial tenant, guaranteeing regular income. This well-maintained space testifies to the care taken in managing and maintaining the property.
The 2nd floor, currently vacant, represents an exceptional opportunity. Its versatile configuration allows it to meet a variety of needs: it can be converted into a professional office, offering an elegant and functional setting for business, or transformed into a superb 4 ½ bedroom apartment, perfect for future occupants looking for a unique place to live.
With its timeless charm, prime location and flexible development potential, this building is a rare option on the market. Whether you're an investor looking for a high value-added property or a visionary entrepreneur, this property will meet the highest expectations.
Don't miss this unique opportunity in one of Longueuil's most sought-after neighborhoods!
ADDITIONAL INFORMATION:
GROUND-FLOOR COMMERCIAL LEASE DETAILS
Current base rent until April 30, 2025: $1905
+ Garage rent: $100
+ Non-residential tax charge (2024): $204
NEW LEASE signed (May 1, 2025 to April 30, 2030)
Base rent: Year1 1960$; Year2 2020$; Year3 2080; Year4 2145$; Year5 2205$.
+ Garage rent: $100
+ Non-residential tax charge (2024): $204
Equivalent to a gross rent of $2264/month as of May 2025.
Metered energy is the responsibility of the tenant.
TAX SPECIFICATIONS
The property is currently classified as 100% commercial, which explains the high annual municipal taxes of $9894.
Important note: Should the upstairs premises be converted to residential use, municipal taxes will be revised downwards in accordance with current regulations, representing a saving of approximately $3415/year (based on 2024 invoicing).
The first floor is occupied by a stable and reliable commercial tenant, guaranteeing regular income. This well-maintained space testifies to the care taken in managing and maintaining the property.
The 2nd floor, currently vacant, represents an exceptional opportunity. Its versatile configuration allows it to meet a variety of needs: it can be converted into a professional office, offering an elegant and functional setting for business, or transformed into a superb 4 ½ bedroom apartment, perfect for future occupants looking for a unique place to live.
With its timeless charm, prime location and flexible development potential, this building is a rare option on the market. Whether you're an investor looking for a high value-added property or a visionary entrepreneur, this property will meet the highest expectations.
Don't miss this unique opportunity in one of Longueuil's most sought-after neighborhoods!
ADDITIONAL INFORMATION:
GROUND-FLOOR COMMERCIAL LEASE DETAILS
Current base rent until April 30, 2025: $1905
+ Garage rent: $100
+ Non-residential tax charge (2024): $204
NEW LEASE signed (May 1, 2025 to April 30, 2030)
Base rent: Year1 1960$; Year2 2020$; Year3 2080; Year4 2145$; Year5 2205$.
+ Garage rent: $100
+ Non-residential tax charge (2024): $204
Equivalent to a gross rent of $2264/month as of May 2025.
Metered energy is the responsibility of the tenant.
TAX SPECIFICATIONS
The property is currently classified as 100% commercial, which explains the high annual municipal taxes of $9894.
Important note: Should the upstairs premises be converted to residential use, municipal taxes will be revised downwards in accordance with current regulations, representing a saving of approximately $3415/year (based on 2024 invoicing).
Building details and property interior
Dimensions
27' 2" X 41' 4" irr.
Year constructed
1900
Siding
Brick
Roofing
Elastomeric membrane
Garage
Attached
Renovations
Bathroom (2018), Roof covering (2014), Kitchen (2018), Floor (2018)
Lot and exterior features
Lot size
32' 1" X 90' irr.
Lot area
273.70 m²
Parking (total)
Driveway (4), Garage (1)
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Property or unit amenity
Central air conditioning
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 73,900
- Building assessment
- $ 254,100
- Total
- $ 328,000
Taxes
- Municipal (2024)
- $ 9,894
- School (2024)
- $ 277
- Total
- $ 10,171
Gross annual revenues (potential)
- Residential
- $ 21,600
- Commercial
- $ 25,968
- Parking
- $ 1,200
- Total
- $ 48,768
Inclusions and exclusions
Mortgage payment calculator
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