Lot dimensions 565.9 ft² (52.57 m²)

Owners’ comments

Automated translation

Income building. Very well located. 3 dwellings, one of which 5 1/2. 1st floor with living room, kitchen, bedroom and bathroom with washer-dryer entrance and a large balcony . On the 2nd floor, shower room, 2 bedrooms. 605.00 $ not c/e rent

2 apartments of 3 1/2 semi-furnished with entry washer-dryer. The 415 375.00$ not c/e Rent. The 410 is completely renovated with patio door and a large balcony Rent $410.00$ all inclusive .

And a superb renovated commercial space available in January 2018. All tenants pay for Hydro and heating. Except 410. Several renovations have been done outside (2016) and there are 15 parking spaces. All accommodation is rented with lease.

Monthly revenues are $2884.68.00/month.

Complete Description
Complete Description

Property features

Asking Price
$264,900
Details
With income
Year of construction
1952
Number of commercial units
1
Building dimensions
23.17x22.25 m (76.02x73.00 ft)
General condition
Very good
Certificate of Location
Yes
Number of parkings
15
Franchise
No
Municipal evaluation's date
2016
Lot's municipal evaluation
$90,500
Building's municipal evaluation
$167,700
Annual incomes
$31,680

Lease:

  • With Lease

Bathroom:

  • Bath and shower

External facing:

  • Aggregate
  • Vinyl Siding

Floor coverings:

  • Laminate
  • Ceramic
  • Linoleum

Windows:

  • French Window
  • PVC

Heating source:

  • Electric
  • Thermo-pump

Near Tourist Services:

  • Hotel
  • Car Rental

Upgrades:

  • Windows
  • External facing
  • Floors
  • Doors
  • Bathrooms

Car shelter:

  • Detached

Parking / Driveway:

  • Asphalt
  • Outside

Location:

  • Highway access
  • Near schools
  • Close to all services

Lot description:

  • Water view
  • Corner lot
  • Patio/deck

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Financial institution
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Dentist
  • Medical center

Near Educational Services:

  • Day nursery
  • Elementary school
  • High School

Near Recreational Services:

  • Gym
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Open concept
Storey: Main floor
Dimensions: 75' 6" x 72' 2" (23 m x 22 m)
Flooring: Bamboo

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Municipal taxes
$408.33
$4,900.00
School taxes
$61.67
$740.00
Water taxes
$2.58
$31.00
Insurance
$108.33
$1,300.00

Property transfer duties

In Quebec, the property transfer duties is a tax that all municipalities must collect from the new owner (buyer) of a property.

$

How to buy this property

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Whether you purchase a property from a homeowner or from a broker, the steps involved and the legal implications are the same. You’ll see that buying without an intermediary has many advantages!

Can I afford to buy this property?

Prior to visiting a property, you should verify whether you have the means to purchase it by meeting with a financial advisor. Don’t forget, you must have enough money to cover both a down payment and the expenses related to the transaction (notary, property transfer duties, etc.).

Is this property right for me?

Consult the listing to determine whether the property features meet your needs. If necessary, communicate with the homeowner to obtain additional information. You may then make an appointment with the homeowner for a visit and prepare a list of questions to ask him.

Do I need to conduct a property inspection?

Verifying the condition of the property prior to purchasing it is a good precaution to take. In order to do so, you can hire a home inspector. He will intervene at a later date. Be prepared to add the inspection conditions to the offer to purchase.

How much should I offer?

Easily familiarize yourself with the market by visiting DuProprio.com and by verifying the price that comparable properties in the area have sold for. You’ll get a better idea of how much you should offer. You can also hire a licensed appraiser.

FBD300AC-7746-4E68-A20C-3F23471BB772
How do I proceed with an offer to purchase?

Have a discussion with the homeowner in order to come to an agreement on the price, the conditions of the sale and the possession date. You can then complete the offer to purchase form.

Thanks to DuProprio, the seller benefits from a legal assistance service and can ask their legal questions in order to properly complete the document.

The sale will be sealed with a notary, but until then, nothing prevents you from consulting a notary to write-up an offer to purchase. Once the deed of sale is drafted, you will be the new homeowner!

Documents - Offer to purchase and counteroffer

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$264,900

Commercial / Apartment for sale

No. 725237

With income
Contact the owner
Contact the owner