UNIQUE OPPORTUNITY IN CHÂTEAUGUAY -- COMMERCIAL AND RESIDENTIAL QUADRUPLEX WITH BREATHTAKING RIVER VIEWS!

Located at 62 Salaberry Boulevard South, in Châteauguay, in the heart of downtown and close to all services, this mixed-use commercial and residential property represents an exceptional investment opportunity. Boasting a strategic location directly across from the Châteauguay River, the property offers breathtaking views and outstanding potential for a forward-thinking investor or entrepreneur seeking a distinctive location.

The building features four spaces with a variety of uses: two residential apartments, including one 3½-room unit and one 4½-room unit, a commercial space currently operating as a hair salon, and an immense garage offering numerous possibilities, including storage or other uses, subject to applicable municipal zoning regulations.

Existing rental income with significant income potential!

Based on the current rental amounts provided, the property generates total rental income of $4,979 per month, or $59,748 annually, from the three rented spaces.

In addition, the property features an immense garage with an estimated rental value of $3,500 per month, representing potential additional income of $42,000 per year.

Assuming the garage is rented at this estimated rate, the property's total potential rental income could reach $8,479 per month, or $101,748 annually.

This property stands out for its versatility, four civic addresses, multiple potential uses, and prime riverfront location. Some renovations are required, particularly to the roof, offering the future owner an opportunity to enhance the value of this real estate asset according to their plans and objectives.

A unique project, a strategic location, and outstanding income potential! Whether you are an investor looking to diversify your income, an entrepreneur seeking commercial space with storage facilities, or a buyer looking to unlock the full potential of this property, this opportunity deserves your attention.

A rare opportunity in downtown Châteauguay, where location, versatility, and income potential come together!



Rental Income Summary

CURRENT RENTAL INCOME

$4,979 per month
$59,748 annually

POTENTIAL RENTAL INCOME, INCLUDING THE GARAGE

$8,479 per month
$101,748 annually

Additional potential income from the garage: $42,000 per year.

Important: These calculations are based on the amounts provided. Potential income assumes the garage is rented for $3,500 per month. The figures do not account for operating expenses, vacancies, repairs, or other property-related costs. The garage rental amount is an estimated market rental value and is not currently collected income.