13 bedrooms
7 bathrooms
Lot dimensions 12 133.08 ft² (1 127.2 m²)

Owners’ comments

Automated translation

Who will be the purchaser, investor, or owner-occupier? Everyone will find something for themselves!

Beautiful building, located in the most popular district of Rivière-du-Loup, brick facade, located near services, Walmart, 3 supermarkets, Caisse Desjardins, Caisse Desjardins, National Bank, Cégep.

The building is divided by a common wall, 3 x 4 1/2 of which are located on the south-east side occupying half of the building and on the other half of the building a single large owner's home occupying the south-west side equivalent to 3 x 4 1/2.

This unit in particular includes 4 bathrooms and could easily be converted for an investor to make 2 lofts in the basement. As for the ground floor and the first floor, which occupies the space of 2 x 4 1/2, it could potentially be subdivided at no great cost since the one erected upstairs would also have its own entrance. It is therefore possible to develop it into 7 units, but currently the city would accept 2 lofts in the basement. for a total of 6 units.

Thus, the revenues will be significantly increased and justify the asking price.

For any questions, do not hesitate to contact me.

Complete Description
Complete Description

Property features

Asking Price
$1,500,000
Style
Open area
Details
With income
Year of construction
2009
Building dimensions
7 614 ft² (707.36 m²)
General condition
Excellent
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
South-West
Number of parkings
10
Municipal evaluation's date
2023
Lot's municipal evaluation
$121,700
Building's municipal evaluation
$658,900
Taxes year
2023
Mortgage balance
$626,700
2 Bedroom
3
4 Bedroom and more
1
Loft(s)
2

External facing:

  • Brick
  • Canexel wood fibre siding

Foundation:

  • Cast concrete

Frame:

  • Wooden dunnage

Roof:

  • Asphalt shingle

Floor coverings:

  • Laminate
  • Ceramic
  • Engineered Wood

Windows:

  • PVC

Heating source:

  • Electric

Electric system:

  • 200 amps

Features:

  • Central vacuum
  • Laundry room
  • Air exchanger
  • Ceiling fixtures
  • Walk-in closet

Kitchen:

  • Melamine wood imitation finish
  • Laminated cabinets

Bathroom:

  • Whirlpool Bath Tub
  • Step-up bath
  • Separate Shower

Basement:

  • Totally finished
  • Concrete
  • Separate entrance
  • Potential income

Parking / Driveway:

  • Asphalt

Location:

  • Highway access
  • Near park
  • Residential area

Lot description:

  • Flat geography

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

  • Elementary school
  • High School
  • College

Near Recreational Service:

  • Gym
  • Sportif center
  • Library
  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$51.42
$617.00
Municipal taxes
$1,065.92
$12,791.00
Water taxes
$137.08
$1,645.00
Insurance
$143.50
$1,722.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$5,400.00
$64,800.00

The steps involved in buying a property

Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.

1
Financing

One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.

2
Offer to purchase

The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.

Need the form?

Documents to download

3
Conditions of purchase

The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.

4
Property transfer

The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.

Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!

More details on these steps

See our All about buying section.

$1,500,000

Quadruplex for sale

77, rue des Jonquilles

Rivière-Du-Loup Bas-Saint-Laurent

No. 1060679

With income
Contact the owner

Are you a real estate agent?

This person is registered on the National Do Not Call List (DNCL).

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.

Contact the owner

Are you a real estate agent?

This person is registered on the National Do Not Call List (DNCL).

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.