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!
22'50" X 62'60"
1955
Poured concrete , Stone
Brick , Vinyl
Elastomeric membrane
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.
22'50" X 62'60"
1955
Poured concrete , Stone
Brick , Vinyl
Elastomeric membrane
4,704.9 SF
View of the water
Asphalt
Driveway : 4
Highway , Daycare centre , Park , Bicycle path , Elementary school , High school
Commercial , Residential
| Unit | Room | Level | Dimensions | Flooring | Description |
|---|---|---|---|---|---|
| 1 (app.) | Kitchen | 2nd level | 10'6" X 14'6" irr. | Wood | |
| 1 (app.) | Dining room | 2nd level | 10'3" X 12'4" irr. | Wood | |
| 1 (app.) | Living room | 2nd level | 10'4" X 10'6" irr. | Wood | |
| 1 (app.) | Bathroom | 2nd level | 4'11" X 6'5" irr. | Ceramic | |
| 1 (app.) | Bedroom | 2nd level | 9'7" X 9'10" irr. | Wood | |
| 1 (app.) | Primary bedroom | 2nd level | 10'3" X 13'6" irr. | Wood |
Hot water
Electricity
Municipality
Municipality
Not specified
Tenants' personal property
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RE/MAX ACTION | 1225 avenue Greene, Westmount, Québec, H3Z 2A4
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