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5 bedrooms
Lot dimensions 3,600 ft² (334.45 m²)

Owners’ comments

Automated translation

Opportunity to seize! Very profitable. 100% occupancy.

Bright and friendly. The bedrooms share 2 bathrooms, living room and kitchen. Access to the intimate and fenced grounds as well as to the huge patio. 5 parking lots . Fully furnished.

Near the CEGEP and the Cimic (vocational school). Lots of storage. Ideal for first investor. Gross annual income of $17,160.00. Annual expenses $7,253.00

Leases valid until June 30, 2019 for each room.

Motivated seller!

Complete Description
Complete Description

Property features

Asking Price
$160,000
Details
With income
Year of construction
1953
Building dimensions
794 ft² (73.77 m²)
General condition
Very good
Certificate of Location
No
Number of parkings
5
Franchise
Yes
Annual incomes
$17,160

Lease:

  • With Lease

Foundation:

  • Cast concrete

Bathroom:

  • Bath and shower
  • Legs bath

External facing:

  • Asbestos

Floor coverings:

  • Laminate
  • Linoleum

Roof:

  • Asphalt shingle

Windows:

  • PVC

Heating source:

  • Wood stove
  • Electric

Features:

  • Furnace
  • Lights
  • Stove
  • Curtains
  • Fan
  • Ceiling fixtures

Basement:

  • Concrete

Upgrades:

  • Heating
  • Electricity
  • Windows
  • Floors
  • Doors

Car shelter:

  • Attached

Parking / Driveway:

  • Asphalt
  • Crushed Gravel

Lot description:

  • Panoramic view
  • Fenced

Near Educational Services:

  • College

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bathroom
Storey: Main floor
Dimensions: 6' x 11' 8" (1,83 m x 3,56 m)
Flooring: Linoleum
Bedroom 1 (Master)
Storey: Main floor
Dimensions: 9' x 9' 8" (2,74 m x 2,95 m)
Flooring: Laminate
Bedroom 2
Storey: Main floor
Dimensions: 9' 6" x 11' 8" (2,9 m x 3,56 m)
Flooring: Linoleum
Kitchen
Storey: Main floor
Dimensions: 11' x 15' (3,35 m x 4,57 m)
Flooring: Linoleum
Living room
Storey: Main floor
Dimensions: 11' 8" x 15' 3" (3,56 m x 4,65 m)
Flooring: Laminate
Bathroom
Storey: 1st floor
Dimensions: 11' 6" x 12' (3,51 m x 3,66 m)
Flooring: Linoleum
Bedroom 3
Storey: 1st floor
Dimensions: 11' 6" x 13' (3,51 m x 3,96 m)
Flooring: Linoleum
Bedroom 4
Storey: 1st floor
Dimensions: 13' x 13' (3,96 m x 3,96 m)
Flooring: Linoleum
Bedroom 5
Storey: 1st floor
Dimensions: 10' 3" x 15' 4" (3,12 m x 4,67 m)
Flooring: Linoleum

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.

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$160,000

Rooming house for sale

No. 815366

With income
Contact the owner
Contact the owner