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.
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.
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?
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.
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!
See our All about buying section.
Owners’ comments
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Original comments
Development Ermitage/Rues des Loups and St-François, at the entrance to the city of Baie-Saint-Paul, on the Quebec side.
St-François Street: 1 lot including a house under new construction; availability summer 2023; cost $550,000.
Rue des Loups: aqueduct and sewer restored, street accessible since October 2022; additional work spring-summer 2023
Lots: 17 lots in total, 3 of them sold as of January 1, 2023.
Sloping land, river view, semi-wooded area, served by aqueduct and sewer.
Exceptional area, close to the city, even on foot.
Land between 7,500 and 33,000 square feet (700 to 3,100 square meters).
Cost: between $115,000 and $240,000.
Family project with an excavation company.
Développement Ermitage/rues des Loups et St-François, à l'entrée de la ville de Baie-Saint-Paul, côté Québec.
Rue St-François : 1 terrain incluant une maison en construction neuve ; disponibilité été 2023 ; coût 550 000$.
Rue des Loups : aqueduc et égout rendus, rue accessible depuis octobre 2022 ; travaux complémentaires printemps-été 2023
Terrains : 17 terrains en tout, 3 de vendus en date du 1er janvier 2023.
Terrains en pente, vue sur le fleuve, secteur semi-boisé, desservis par aqueduc et égout.
Secteur exceptionnel, près de la ville, même à pied.
Terrains entre 7 500 et 33 000 pieds carrés (700 à 3 100 mètres carrés).
Coût : entre 115 000$ et 240 000 $.
Projet à caractère familial avec une entreprise en excavation.