$899,000
New
ULS: 11811079
Quadruplex
for sale
288 Ch. des Patriotes, Saint-Mathias-sur-Richelieu
Opportunity to acquire a profitable income property, both commercial and residential. -2 residential units on the 2nd floor. 2x 4-1/2, at $1,200 each. -Commercial area on the ground floor totaling 2,210 sq. ft., divided into 2 units: $1,700 (accounting) and $800 (art gallery). -Basement rental income without a lease: $600/month. -Sale is taxable on the commercial portion only. -Annual revenue: $66,000. -Building completely renovated in 2014 following a fire (over 90% rebuilt). -Turnkey. ZONING: residential (multifamily), commercial;: see usage grid (local services, accommodation, automotive-related uses, food service, etc.).
Property features
2
Bedrooms
1
Bathroom
JULIEN MASSE
Residential Real Estate Broker
Addendum
Unique opportunity to acquire a turnkey, positive cash flow income property, offering a total annual revenue of $66,000.
Exceptional location in close proximity to the Richelieu River, located at 286-290 Ch. des Patriotes, in Saint-Mathias-sur-Richelieu.
The ground floor features 2,210 sq. ft. of commercial space, divided into two distinct units, ideal for professional offices or businesses needing visibility and accessibility. Short-term leases totaling $2,300 + taxes, with the possibility to operate the building yourself or renew leases for a longer term. The sale is taxable only on the commercial portion (50% of the building's value; it is possible to register for taxes even without owning a business -- confirm with your accountant).
On the second floor, you will find two residential 4½ apartments rented at $1,200 each. High ceilings, large balconies, and modern finishes. Rent to go up to 1,300$ each starting July 1st.
The basement offers a storage space rented (currently without a lease) at $600/month, generating steady additional income. Possibility to optimize to increase revenue.
The building was completely renovated in 2014, with more than 90% reconstructed.
ZONING: multifamily residential and commercial: see usage grid (local services, accommodation, automotive-related uses, food service).
Exceptional location in close proximity to the Richelieu River, located at 286-290 Ch. des Patriotes, in Saint-Mathias-sur-Richelieu.
The ground floor features 2,210 sq. ft. of commercial space, divided into two distinct units, ideal for professional offices or businesses needing visibility and accessibility. Short-term leases totaling $2,300 + taxes, with the possibility to operate the building yourself or renew leases for a longer term. The sale is taxable only on the commercial portion (50% of the building's value; it is possible to register for taxes even without owning a business -- confirm with your accountant).
On the second floor, you will find two residential 4½ apartments rented at $1,200 each. High ceilings, large balconies, and modern finishes. Rent to go up to 1,300$ each starting July 1st.
The basement offers a storage space rented (currently without a lease) at $600/month, generating steady additional income. Possibility to optimize to increase revenue.
The building was completely renovated in 2014, with more than 90% reconstructed.
ZONING: multifamily residential and commercial: see usage grid (local services, accommodation, automotive-related uses, food service).
Building details and property interior
Dimensions
60' X 40' irr.
Year constructed
2014
Siding
Wood
Roofing
Asphalt shingles
Basement
6 feet and more, Low (less than 6 feet), Partially finished
Lot and exterior features
Lot size
70' 11" X 122' 3" irr.
Lot area
7,716.64 ft²
Topography
Flat
Driveway
Asphalt
Parking (total)
Driveway (10)
Proximity
Park, Bicycle path, Elementary school, Snowmobile trail, Daycare centre
Characteristics
Heating System
Forced air, Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 180,400
- Building assessment
- $ 418,200
- Total
- $ 598,600
Taxes
- Municipal (2026)
- $ 7,792
- School (2025)
- $ 449
- Total
- $ 8,241
Annual expenses
- Insurance
- $ 4,083
- Snow removal
- $ 700
- Total
- $ 4,783
Gross annual revenues (potential)
- Residential
- $ 31,200
- Commercial
- $ 39,600
- Other
- $ 7,200
- Total
- $ 78,000
Inclusions and exclusions
Exclusions
Tenants belonging
Mortgage payment calculator
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