Executive summary

Asking price

Invitation to tender

Area (sqft)

231 700

Buildable (sqft)

± 45 000

Units

± 47

$ / SQFT

-

$ / sqft constructible

-

$ / Unit

-

Project type

Residential

Site advantages

 
  • Strategically positioned on Route 117 and close to major highways, this site offers excellent accessibility for a multi-residential project, while being close to all amenities.
  • The zoning is by right since the adoption of the Boul. du Curé-Labelle PPU, allowing medium-density multi-residential zoning.
  • This area is to be redeveloped and revitalized in line with the recently adopted vision, offering the potential for significant value capture over time.
Boulevard du Curé-Labelle - Potential project

Potential project

  • Residential zoning is now automatic, allowing new projects to be submitted.
  • A multi-residential building with more than 8 units, 3 to 4 storeys high, or a mixed-use project combining residential use with childcare services is possible. 50% of parking must be indoors. 
  • The lot straddles two types of zoning, and the possibility of changing the zoning of the southern part to build an additional phase is conceivable.

Next steps in the project

(WITHOUT PREJUDICE, IT IS THE BUYER'S RESPONSIBILITY TO CARRY OUT THE APPROPRIATE CHECKS)

Submitting an application for approval of a SPAIP
Presentation of the request to the CCU and decision by the executive committee
Submitting building permit applications and receiving permits

Points of interest

Close to the property

Access to the Data Room

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The descriptions, specifications and financial projections displayed on this page and provided in the data room are for information purposes only and should not be relied upon as official. The information comes from external sources as well as our own analyses, for which we cannot guarantee accuracy. It is the buyer's responsibility to validate the information and declare himself/herself satisfied or dissatisfied with it during due diligence following acceptance of a promise to purchase.

To move forward

Steps
Access the virtual data room and read the documentation
Contact the broker(s) if you have any questions
Submit an offer to purchase
Broker
Yannick Therrien

Yannick Therrien

Commercial Real Estate Broker
Ellipse 141
(514) 506-5623
Ellipse 141
yannick@landerz.ca
Robert MacDougall

Robert MacDougall

Vice Chairman - Chartered Real Estate Broker
Ellipse 141
(514) 946-6565
Ellipse 141
macd@landerz.ca

Terms and conditions

Prospective purchasers (the "Purchaser(s)") are urged to make their own examination and inspection of the Property and the information relating thereto, and to rely on such examination and inspection, and not on this Confidential Offering Memorandum or any other information or documents contained herein or otherwise provided. This Confidential Offering Memorandum is qualified in its entirety by reference to any prior sale or lease, and is subject to change in price or terms and other changes in the documents, statements and information contained herein or relating to the Property, and may be withdrawn at any time, all without notice or liability whatsoever.

In no event shall the delivery or receipt of this confidential Offering Memorandum be deemed to create any legal obligation whatsoever to consummate any transaction with respect to the Property, and only a definitive agreement, signed by all parties, shall create a binding obligation to consummate any transaction.

The information contained in the Confidential Offering Memorandum is provided on a confidential basis for the sole and exclusive purpose of enabling prospective purchasers to assess their interest in pursuing further discussions with respect to a possible transaction for the acquisition of the subject property (the "Property").

The information contained herein may not, under any circumstances, be photocopied or disclosed to any third party, in whole or in part, and may not be used for any other purpose. In the event that the recipient of the Confidential Offering Memorandum does not wish to pursue transaction discussions, this Confidential Offering Memorandum must be returned to Landerz Agence Immobilière inc. ("Landerz" or the "Advisor").

Neither the Vendor nor Landerz, nor any of their officers, directors, employees or agents, assumes any liability or shall be deemed to have made any representation or warranty whatsoever, express or implied, by operation of law or otherwise, with respect to the Property, this Confidential Offering Memorandum or any information or statements (including financial statements and forecasts) contained herein or relating thereto, including the accuracy or completeness of such information or statements, or as to the condition, quality or suitability of the Property. Such information and statements have, in many cases, been obtained from external sources, have not been tested or verified, and may contain errors or omissions.

Forecasts, in particular, are based on various assumptions and subjective analyses, as to which no warranty or assurance can be given. Without limiting the generality of the foregoing, in the event that this Confidential Offering Memorandum contains information relating to asbestos 09 or any other hazardous or toxic material, concerning the Property, such information shall in no way be construed as a warranty or representation of any kind, express or implied, by operation of law or otherwise, and by any party whatsoever, as to the existence, absence or nature of such material, in, under or around the Property.