Property Information:
Centennial duplex with leased commercial space Discover this unique property in the heart of Cowansville, strategically located on Sud Street, combining period charm, modern functionality, and an excellent investment opportunity.
The front of the building houses a two-story commercial space, currently leased, ideal for professionals or small businesses. This bright space includes a spacious reception area/office, a fully equipped kitchen, and a meeting area. Upstairs, there are three closed offices and a full bathroom, offering a comfortable and well-designed working environment.
At the rear, a large 5 ½ room apartment occupied by the owner offers a high quality of life. The ground floor comprises the main living areas, while the second floor has three bedrooms and a full bathroom.
The property stands out for its large balconies, huge lot, and ample parking space. A strategic and sought-after location, close to services, shops, and major roads. *The lot, second parking space, and large balcony are for the exclusive use of the owner-occupant.
A versatile property, perfect for owner-occupiers or investors looking for a well-located building with stable income and undeniable charm.
Both rental units have their own furnaces with ventilation ducts. Unit 966 also has a heat pump.
It would also be possible to convert the property into a single-family home, offering a great opportunity for a large family or a residential project with home office space.
The potential gross income was calculated based on the potential rental income at 966, set at $1,600/month. One of the co-owners is currently renting the property for $1,000/month until June 30, 2026, with no lease renewal.
Please note that 40% of the sale price will be subject to taxes, in relation to the commercial portion of the building
Rent 964 includes $1,071/year in hydro costs and $980 in natural gas costs (for 2025). Not included in the $1,000/month rent.
Rent 966 has an estimated hydro cost of $1,270 + natural gas costs. Both are included in the $1,800/month lease..
Building Features:
-
Style:
Duplex
-
Basement:
Unfinished
-
Common Walls:
Detached
-
Construction Materials:
Wood
-
Foundation Details:
Poured concrete, Stone
-
Lot Features:
Daycare centre, Golf, Hospital, Park, Bicycle path, Elementary school, High school, Landscaped
-
Parking Features:
Unpaved
-
Roof:
Sheet metal
-
Size:
9.47 x 15.06 METRE
-
Total Finished Area:
244.8 Square Metres
-
Utilities:
Water Connected, Sewer Connected
-
Water Source:
Municipality
-
Sewer:
Municipality
