10 bedrooms
7 bathrooms
Lot dimensions 35 340.07 ft² (3 283.2 m²)

Owners’ comments

Automated translation

IN TOTAL 7 DWELLINGS 3 4 1/2 AND 4 LARGE 3 1/2

PLEASE TAKE THE TIME TO READ THE ANNOUNCEMENT

IF YOU HAVE ANY OTHER QUESTIONS I WILL BE HAPPY TO ANSWER THEM

Building with 7 units ALREADY BUILT: three large 4 ½ and four large 3 ½ units.

Possibility of an 8th dwelling to be converted into the owner's storage space, currently electricity, four walls and coverage.

25 feet by 28.2 feet at the end of the building at the end of the building at the same entrance.

POSSIBILITY OF 21 HOMES IN TOTAL with the 7 already built.

Storage space 28.2 x 25 feet at the end of the building right in the building.

This information should be checked at the MRC Bellechasse located in Saint-Lazare.

Same owner for 27 years.

Reason for selling: We want to start reducing our small building stock to revenue for another more personal project that is not in real estate.

We don't have any other income buildings for sale.

Proof of financial pre-approval required for visit.

Building that was changed use to be an income building in 1996 renovated to nine to 90 percent converted in 1996.

Plumbing, electricity, lightweight concrete floor ON ALL FLOORS, division, SOUNDPROOF WALL ON ALL FLOORS etc.

The 4 ½ are on the first floor each with a pellet stove, two (3 ½) on the second plus a washing chamber included in the accommodation and the other two (3 ½) are on the third floor.

A 4 ½ to a 12 x 12 composite board patio plus plastic guard.

The 4 ½ are of different sizes, the two 3 ½ in the second have the same dimensions and the two 3 1/2 in the third have the same dimensions.

No housing in the basement.

Basement: about 6 feet high, concrete foundation plus concrete slab.

Basement: urethane and styrofoam insulated.

Mail from tenants is received inside the building in remote lockers.

9 shed outdoor 5 x 10 ft white vinyl exterior finish.

Land: 35,340.07 square feet.

Living area 6,969 square feet.

2 parking lots per unit identified by their door number, outdoor power outlet connected to their own meter plus visitor parking.

New crank windows to be changed in 2021.

Cover: Canadian galvanized steel sheet and elastomer membrane, an asphalt paper.

Wooden gallery with an aluminum facade on three floors.

Wooden gallery at the back with wooden guard.

Exterior wall: grey galvanized steel sheet.

6-unit white melamine kitchen cabinets.

Thermoplastic kitchen cabinet in milk chocolate color 1 housing.

Ceiling: acoustic tiles, the 2 units on the front, the rest: plasterboard.

Lightweight concrete floor on all floors covered with commercial vinyl tabs or vinyl.

Wall: soundproof covered with plasterboard.

7 40 gallon water heaters.

New plumbing 1996: ipex plastic and Abs.

New electricity 1996:400 mA input, 125 Am electrical box per unit.

No water meter.

Well maintained and close to services. Located in the center of the village.

Several small finishing works will be carried out this spring with the nice temperature we hope.

Complete Description
Complete Description

Property features

Asking Price
$500,000
Year of construction
1939
Building dimensions
7 174 ft² (666.49 m²)
General condition
Excellent
Occupation rate
100
Certificate of Location
Yes
Number of parkings
14
Municipal evaluation's date
2024
Lot's municipal evaluation
$23,800
Building's municipal evaluation
$350,800
Taxes year
2024
1 Bedroom
4
2 Bedroom
3
Bedrooms (total)
10

External facing:

  • Steel

Foundation:

  • Cast concrete

Frame:

  • Wooden part on part

Roof:

  • Asphalt shingle
  • Elastomer membrane
  • Sheet metal

Floor coverings:

  • Concrete
  • Linoleum

Windows:

  • French Window
  • PVC

Electric system:

  • 125 amps

Features:

  • Shed
  • Ceiling fixtures
  • Stove
  • Ventilator

Kitchen:

  • Melamine cabinets
  • Thermoplastic cabinets

Bathroom:

  • Bath and shower

Basement:

  • Low (6 feet or under)
  • Concrete
  • Unfinished

Upgrades:

  • Kitchen
  • Electrical
  • Windows
  • External facing
  • Floors
  • Plumbing
  • Doors
  • Roof
  • Gutters
  • Shed

Garage:

  • Integrated

Parking / Driveway:

  • Outside
  • Crushed Gravel

Location:

  • No backyard neighbors
  • Residential area

Lot description:

  • Flat geography
  • Mature trees
  • Fenced
  • Patio/deck

Near Commerce:

  • Supermarket
  • Drugstore
  • Restaurant

Near Educational Services:

  • Elementary school

Near Recreational Service:

  • Library

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$39.35
$472.18
Municipal taxes
$750.36
$9,004.27
Electricity
$19.10
$229.17
Insurance
$285.25
$3,423.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$4,020.00
$48,240.00

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.

$500,000

6 units or more for sale

1259-1271, avenue Principale

St-Malachie Chaudière-Appalaches

No. 1023674

Contact the owner

Are you a real estate agent?

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?

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.