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Blvd Louis-Philippe-Picard 1.07 Acres of Commercial Land Offered at $2,292,395 USD in Repentigny, QC J5Y 4G1



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INVESTMENT HIGHLIGHTS
- By-right zoning allowing the construction of an 11-story mixed-use multi-residential project.
- The commercial component of the project will benefit from densification and the limited surrounding supply, thereby increasing demand and the rental price per square foot.
- 11-story multi-residential project with commercial space on the ground floor, permitted as of right under zoning regulations, subject to an SPA (Site Planning and Architectural Integration Program).
- Proximity to numerous healthcare services, ideal for a senior or retirement residence project.
EXECUTIVE SUMMARY
Newly developing neighborhood, directly off Exit 106 of Highway 40, offering accessibility and high-density potential.
The commercial portion of the project will benefit from the area's densification and limited surrounding supply, thereby increasing demand and rental rates per square foot.
Close proximity to numerous healthcare services, making it an ideal location for a senior or retirement residence project.
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PROPERTY FACTS
1 LOT AVAILABLE
Lot 5890114
| Price | $2,292,395 USD | Lot Size | 1.07 AC |
| Price Per AC | $2,151,156.44 USD |
| Price | $2,292,395 USD |
| Price Per AC | $2,151,156.44 USD |
| Lot Size | 1.07 AC |
Vacant land at the corner of Highway 40 and Louis-Phillipe Picard Boulevard in Repentigny.
DESCRIPTION
Zoning by right permits the construction of an 11-story mixed-use multi-residential development. Located in a newly developed neighborhood, directly off Exit 106 of Highway 40, offering excellent accessibility and high-density potential. The commercial component of the project will benefit from the area's densification and the limited availability of surrounding land, driving up demand and rental rates per square foot. Proximity to numerous healthcare services makes this an ideal location for a senior living or retirement residence project.
Presented by
Blvd Louis-Philippe-Picard
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