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Blvd Louis-Philippe-Picard 1.07 Acres of Commercial Land Offered at $2,340,088 USD in Repentigny, QC J5Y 4G1
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INVESTMENT HIGHLIGHTS
- Zoning by right allowing the construction of an 11-story mixed-use multi-residential project.
- The commercial part of the project will benefit from the densification and limited nearby supply, thereby increasing demand and the rental price per square foot.
- 11-story multi-residential project with ground-floor retail, permitted as of right according to zoning, subject to an SPA (Site Plan Approval).
- Proximity to numerous healthcare services, ideal for a senior or retirement residence project.
EXECUTIVE SUMMARY
PROPERTY FACTS
1 LOT AVAILABLE
Lot 5890114
| Price | $2,340,088 USD | Lot Size | 1.07 AC |
| Price Per AC | $2,195,910.93 USD |
| Price | $2,340,088 USD |
| Price Per AC | $2,195,910.93 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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