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700 Blvd Saint-Joseph 100 Unit Apartment Building $3,614,310 USD ($36,143 USD/Unit) Drummondville, QC J2C 2C2

INVESTMENT HIGHLIGHTS
- Approved for 7-story and 6-story residential towers
- Direct access to Highway 20 between Montreal and Quebec City
- Over 60 underground parking spaces planned
EXECUTIVE SUMMARY
Popa Tower represents a rare opportunity to acquire a fully prepared, centrally located development site in the heart of Drummondville, Quebec. Positioned along the city’s main artery, this ±120,751 sq. ft. parcel is ready for immediate construction of a visionary residential project that has already received municipal endorsement.
The proposed development includes a striking 7-story front tower harmonized with a 6-story rear structure, supported by over 60 underground parking spaces. All key pre-development milestones have been completed: demolition of existing buildings, environmental studies, drilling reports, and architectural plans. The site is flat, cleared, and strategically located near major retailers including Costco, Canadian Tire, and SAQ, with direct access to Highway 20—linking Montreal and Quebec City.
The property includes multiple assembled lots and a home at 700 des Mélèzes, which can be used for workforce housing or site operations. A request is underway to increase the tower height to 10 stories, further enhancing the project’s long-term value. With 3D renderings valued at over $100,000 and municipal approvals already secured, this is a turnkey opportunity for developers seeking to make a bold impact in one of Quebec’s fastest-growing urban centers.
The proposed development includes a striking 7-story front tower harmonized with a 6-story rear structure, supported by over 60 underground parking spaces. All key pre-development milestones have been completed: demolition of existing buildings, environmental studies, drilling reports, and architectural plans. The site is flat, cleared, and strategically located near major retailers including Costco, Canadian Tire, and SAQ, with direct access to Highway 20—linking Montreal and Quebec City.
The property includes multiple assembled lots and a home at 700 des Mélèzes, which can be used for workforce housing or site operations. A request is underway to increase the tower height to 10 stories, further enhancing the project’s long-term value. With 3D renderings valued at over $100,000 and municipal approvals already secured, this is a turnkey opportunity for developers seeking to make a bold impact in one of Quebec’s fastest-growing urban centers.
PROPERTY FACTS
| Price | $3,614,310 USD | Building Class | A |
| Price Per Unit | $36,143 USD | Lot Size | 2.77 AC |
| Sale Type | Investment | Construction Status | Proposed |
| No. Units | 100 | Building Size | 120,751 SF |
| Property Type | Multifamily | No. Stories | 7 |
| Property Subtype | Apartment | Parking Ratio | 0.5/1,000 SF |
| Apartment Style | Mid-Rise |
| Price | $3,614,310 USD |
| Price Per Unit | $36,143 USD |
| Sale Type | Investment |
| No. Units | 100 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 2.77 AC |
| Construction Status | Proposed |
| Building Size | 120,751 SF |
| No. Stories | 7 |
| Parking Ratio | 0.5/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
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Walk Score®
Very Walkable (80)
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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STREET VIEW
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700 Blvd Saint-Joseph
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