$875,000

Duplex for sale - Varennes

$875,000

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$875,000

Duplex for sale - Varennes

$875,000

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126 - 128 Rue Ste-Anne, Varennes, J3X 1R6

Fully leased mixed-use building backing onto Parc de la Commune with river views. Ground-floor commercial space under a long-term lease, with over 52 permitted commercial uses. Upstairs, a renovated 4½ with a large terrace overlooking the water. Since 2023, the owner has invested over $50,000: heating converted to all-electric, masonry redone, foundation and rear stairs repaired, walk-in cooler upgraded, epoxy floor in the commercial space and a new kitchen in the apartment. Schedule of work and invoices available.

  • Lot area: 4,705 SF
  • NUMBER OF ROOMS : 6
  • Year built : 1955
MARTINE CHAREST MAHADÉO INC.
Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

22'50" X 62'60"

1955

Poured concrete , Stone

Brick , Vinyl

Elastomeric membrane

Addenda
Particularities plusParticularities minus

HIGHLIGHTS
- Rare location backing onto Parc de la Commune, with views of the St. Lawrence River.
- 100% leased: commercial space leased until August 31, 2029, with two 3-year renewal options and personal guarantees from the principals.
- Over 52 permitted commercial uses.
- Over $50,000 invested since 2023, backed by invoices.

COMMERCIAL SPACE (GROUND FLOOR)
1,576 sq. ft. space leased to a catering and ready-to-eat food business, which is fitting it out at its own expense. Gross rent of $3,700 per month plus taxes. Epoxy floor, fresh paint, certified water meter, upgraded walk-in cooler (drip pan and drain, 2026) and updated electrical (2025). Separate electricity meter; the tenant pays about 80% of heating costs, prorated to its floor area.

APARTMENT (UPPER FLOOR)
Renovated 4½: new kitchen, refinished hardwood floors and heated floor. Large private terrace overlooking the river and the park. Heating included in the lease; electricity paid by the tenant.

BUILDING AND SYSTEMS
- Central hot-water heating converted from oil to electric (2025): 24 kW Thermo 2000 boiler, 3 zones; oil tank removed.
- 125 A electrical supply for the boiler (2025).
- Masonry: joints redone, spalled bricks replaced, facade cleaned (2026).
- Foundation crack sealed by injection and window well concreted (2026).
- Rear stairs reinforced by welding (2026).
- Sealed glass units replaced in the wood window on the neighbour's side (2026).
- Plumbing and electrical upgraded (2023); backwater valve (2025).
- Multi-unit shed installed (2024).
- Pest control treatment with a 12-month warranty (2026).

DOCUMENTS
The detailed schedule of work (dates, contractors, amounts) and copies of invoices are available on request. Leases are provided once a promise to purchase is accepted.

Building details and property interior
Particularities plusParticularities minus

22'50" X 62'60"

1955

Poured concrete , Stone

Brick , Vinyl

Elastomeric membrane

Lot and exterior features
Particularities plusParticularities minus

4,704.9 SF

View of the water

Asphalt

Driveway : 4

Highway , Daycare centre , Park , Bicycle path , Elementary school , High school

Commercial , Residential

Room details
Particularities plusParticularities minus
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
Characteristics
Particularities plusParticularities minus

Hot water

Electricity

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Not specified

Tenants' personal property

Financial details
Particularities plusParticularities minus
Assessment (2023)
Taxes
  • (2026)
  • (2026)
Gross yearly revenu (potential)
126 - 128 Rue Ste-Anne, Varennes, J3X 1R6
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 17.3%
  • 25.9%
  • 20.3%
  • 24.0%
  • 12.5%
  • 36.2%
  • 3.1%
  • 4.1%
  • 56.6%
  • 0.0%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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MARTINE CHAREST MAHADÉO INC.
Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2023)
Taxes
  • (2026)
  • (2026)
Gross yearly revenu (potential)
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