Superb opportunity to purchase these 5 lots to build a waterfront condominium project. Superb navigable waterfront property with south-facing orientation close to all services. A preliminary project was presented to the city council in 2024 and the council is in favor of its realization under certain conditions. The preliminary plans and sketches are available for consultation. Found on the five lots currently for sale are 4 semi-detached duplexes and a bungalow-type house. All the dwellings are currently rented and generate $175,200.00 annually.
Exceptional Waterfront Development Opportunity in Saint-Eustache
A rare offering on the market--this impressive property features over 47,884 sq. ft. of land across 5 adjacent lots and boasts more than 300 feet of south-facing shoreline on a navigable waterway. Perfectly positioned, the site is ideally suited for a 5-storey condominium project, offering breathtaking views of the river and an unmatched lifestyle by the water.
The area surrounding chemin de la Grande-Côte is undergoing a complete transformation, restructured and reimagined to meet the needs of modern residents. Neighboring projects are already taking shape, and the municipality of Saint-Eustache has shown openness to new condo developments--the preliminary draft for this property was presented to city council in 2024 with encouraging feedback. This makes it an exceptional location for the next landmark project in the area.
Connectivity is a key advantage. With the new REM station in Deux-Montagnes just minutes away, future residents will enjoy a fast, direct link to downtown Montreal in only 32 minutes, with trains every 5 minutes during peak hours. The Montreal-Trudeau airport is also within a quick 36-minute ride, making travel effortless.
Lifestyle amenities are abundant. The historic charm of Old Saint-Eustache, with its public market, heritage sites, cafés, and restaurants, offers a vibrant community atmosphere. Outdoor enthusiasts will appreciate the 70 km cycling path network that runs along chemin de la Grande-Côte, providing easy access to nature and recreation.
Adding immediate value, each of the 5 lots currently includes income-generating rental properties, producing approximately $175,200 annually, a strong advantage to help offset carrying costs while development plans move forward.
This is a truly unique opportunity to acquire a large waterfront property in a growing sector, with all the elements in place to support a successful and profitable project.
Contact us today for more information on this remarkable investment.
175' X 305' Irregular
47,884 SF
Access : RIVIERE , Waterfront : RIVIERE , Navigable
View of the water , Panoramic
Residential , Multifamily
Municipality
Municipality
Not specified
Furniture and personal belongings of the tenants
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RE/MAX ROYAL JORDAN | 315, rue Brunswick bureau 333, Pointe-Claire, Québec, H9R 5M7
Hello, my name is STEPHANE BOILY, real estate broker. Contact me for more information.
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