Superb investment opportunity in Chambly: High-potential triplex for demolition and reconstruction into a duplex* or other* or complete renovation!

Chambly - Strategic triplex at the heart of the action!

Units 1352 and 1354 are now vacant, and unit 1350 will be vacated no later than June 30, 2026, opening the door to an ambitious project: demolition and reconstruction as a new duplex or other type of dwelling. (Your project will need to be approved by the city.) The demolition permit is already in the file.

Alternatively, keep it as a revitalized triplex through major renovations - a challenge for experienced renovators, with a detailed inspection report available to assess the scope of work.

Whether you aim for modern construction or a complete upgrade, this property offers exceptional potential in a premium location!

Ideally located on Avenue Bourgogne, at the corner of Rue Saint-Pierre, this triplex benefits from coveted residential and commercial zoning at the heart of Chambly.

The rear of the property includes 7 parking spaces, a rare asset in this lively and accessible neighborhood. Details on unit vacancies:

- 1352 (2nd floor): Available immediately & for viewing, this unit requires complete renovation.

- 1354 (Ground floor, commercial space): Now available & available for viewing - ready for your project.

- 1350 (2nd floor): Tenant has accepted eviction for demolition and will leave no later than June 30, 2026 (eviction notice for demolition and acceptance on file).

The city authorizes a duplex* for new construction. (Tight margins). (*THE BUYER must validate all their projects with the city).

If kept as a triplex, plan for substantial work: roof to redo, rear facade to complete (materials partially provided), concrete block foundation to repair, and overall renovations to bring the building back to life.

Renovations already completed (according to the seller):

- Replacement of the 3 electrical panels: 2 x 100 amps and 1 x 150 amps.

- Exterior cladding on front and side facades.

- Renovation of 1350 (residential unit) around 2006.

- Renovation of 1354 (ground floor commercial) around 2006.

Financial aspects to note:

- Plan for a commercial loan with 20% down payment.

- Possibility of 100% financing (0$ down) via a special program at a recognized financial institution - contact the broker for details.

- Potential GST/QST portion to pay on the commercial part (51% of the building), unless 100% residential use. To verify with your accountant, tax specialist or notary.

*THE BUYER must validate all their projects with the City of Chambly.

This is not a property for novices, but for visionaries ready to invest in a rough gem! Consult the inspection report before planning a visit. Contact me today for more information and to seize this unique opportunity to create a profitable investment in Chambly. Don't delay -- the potential is immense!