nvestment opportunity or owner-occupant opportunity not to be missed! This property includes 6 residential units and 10 commercial spaces. Located on a corner lot at the intersection of strategic and high-traffic streets, with exceptional visibility, offering major advantages for its occupants. The owner-occupant will vacate their 10,000 sq. ft. "Prime Spot" by approximately July 1, 2025, providing an additional rental potential of around $120,000 annually, maximizing profitability. A solid asset in a sought-after area, perfect for optimizing your real estate portfolio or for your business!
----DESCRIPTION----
An investment opportunity or owner-occupant opportunity not to be missed! This property includes 6 residential units and 10 commercial spaces. It is located on a corner lot at the intersection of strategic and high-traffic streets, with exceptional visibility, offering major advantages for its occupants. The owner-occupant will vacate their 10,000 sq. ft. "Prime Spot" by approximately July 1, 2025, providing an additional rental potential of about $120,000 annually, maximizing profitability. A solid asset in a sought-after area, ideal for optimizing your real estate portfolio or for your business!
----DETAILS OF THE UNITS----
Residential: 6 residential units (4 1/2 apartments), all rented, generating $3,975/month ($47,700 annually)
Commercial: 10 commercial units. The large space of approximately 10,000 sq. ft. is currently occupied by the seller's business. Relocation is planned due to the sale of the seller's business, so the space will be available for the future buyer or a future rental. Potential rental income before expenses: $10,000/month. The space will be available by July 1, 2025. Another 600 sq. ft. unit is available for rent at $700/month.
Current commercial income (8 units): $9,064.51/month.
Potential commercial income, including the vacant unit and large space: $19,764.51/month ($237,174.12 annually before expenses). See the complete lease list for more details.
Regarding municipal taxes, it is listed as 8 commercial units. Due to a commercial tenant reducing their space, the seller now has a smaller section available for rent on the upper floor. Additionally, the seller's business also occupied another space that was re-rented to a third party with authorization from the city of Drummondville in 2024, which may not have been adjusted on the taxes yet.
----ADDITIONAL DETAILS----
2 distinct addresses as the building is located on a corner: 533 St-Pierre Street and 1285-1325 Cormier Street
The building consists of two phases: the first phase built in 1961 and the second phase in 1986
Lintel replacements (2023)
Repair of a portion of the back entrance door's cement (2023)
Various general maintenance works (painting, door, lock, change of an air conditioning unit, etc.)
Replacement and maintenance of the heating system (2018)
Roof repairs (2012 and 2018)
Environmental Phase 1 assessment in progress
Tax and fee details are attached to the listing
Sold without legal warranty, at the buyer's risk and peril.
The information provided in this sheet is for informational purposes only and may vary. The features, dimensions, and associated expenses should be verified by the buyer.
The buyer is responsible for verifying with the competent authorities, including but not limited to: laws, regulations, standards, etc., for any project or other matters they intend to pursue on the property.
Dimensions
161.8 P X 97 P
Construction year
1961
Heating system
Air circulation
Heating system
Electric baseboard units
Water supply
Municipality
Heating energy
Electricity
Heating energy
Natural gas
Windows
Aluminum
Windows
PVC
Siding
Steel
Siding
Brick
Basement
No basement
Roofing
Asphalt and gravel
Dimensions
40.24 M X 40.23 M
Land area
3237.5 SM
Distinctive features
Street corner
Sewage system
Municipal sewer
Zoning
Commercial
Zoning
Residential
Driveway
Asphalt
Equipment available
Central air conditioning
Equipment available
Wall-mounted air conditioning
Proximity
Other
Proximity
Highway
Parking
Outdoor
Inclusions:
Heating and air conditioning units in place.Exclusions:
Personal belongings of the tenants, as well as all items directly owned by the various businesses, including but not limited to: merchandise, equipment, accessories, etc.Taxes & Costs | |
---|---|
Municipal taxes (2025) | 38269$ |
School taxes (2024) | 1680$ |
TOTAL | 39949$ |
Monthly fees | |
---|---|
Energy cost | 0$ |
Common expenses/Base rent | 0$ |
TOTAL | 0$ |
Evaluation (2022) | |
---|---|
Building | 1631300$ |
Land | 316000$ |
TOTAL | 1947300$ |
in this property

Stéphanie Lamontagne

Liette Bouchard
nvestment opportunity or owner-occupant opportunity not to be missed! This property includes 6 residential units and 10 commercial spaces. Located on a corner lot at the intersection of strategic and high-traffic streets, with exceptional visibility, offering major advantages for its occupants. The owner-occupant will vacate their 10,000 sq. ft. "Prime Spot" by approximately July 1, 2025, providing an additional rental potential of around $120,000 annually, maximizing profitability. A solid asset in a sought-after area, perfect for optimizing your real estate portfolio or for your business!
Heating system
Air circulation
Heating system
Electric baseboard units
Water supply
Municipality
Heating energy
Electricity
Heating energy
Natural gas
Windows
Aluminum
Windows
PVC
Siding
Steel
Siding
Brick
Basement
No basement
Roofing
Asphalt and gravel
Distinctive features
Street corner
Sewage system
Municipal sewer
Zoning
Commercial
Zoning
Residential
Driveway
Asphalt
Equipment available
Central air conditioning
Equipment available
Wall-mounted air conditioning
Proximity
Other
Proximity
Highway
Parking
Outdoor
Inclusions:
Heating and air conditioning units in place.Exclusions:
Personal belongings of the tenants, as well as all items directly owned by the various businesses, including but not limited to: merchandise, equipment, accessories, etc.Taxes et coûts | |
---|---|
Taxes municipales (2025) | 38269$ |
Taxes scolaires (2024) | 1680$ |
TOTAL | 39949$ |
Frais mensuels | |
---|---|
Coût d'énergie | 0$ |
Frais commun/Loyer de base | 0$ |
TOTAL | 0$ |
Évaluation (2022) | |
---|---|
Bâtiment | 1631300$ |
Terrain | 316000$ |
TOTAL | 1947300$ |