2 bedrooms
1 bathroom
Lot dimensions 19 688.3 ft² (1 829.1 m²)

Owners’ comments

Automated translation

A building ($1,200,000) of 6 units from 1988 that needs a lot of love. 3 X 4½ and 3 X 5½.

Building located 2 minutes from Highway 73, the most important CAMERON exit in Ste-Marie.

A tenant can walk to work in neighboring industrial park No. 1, park No. 2 is 3 minutes away by car, as is the future park No. 3.

Near Vachon Boulevard with its 3 large grocery stores, 4 pharmacies, 4 pharmacies, restaurants, elementary school and the Polyvalente PBV and all shops...

  • - $100,000 With $100,000, I could refurbish it to its original condition to rent it out with a 12% private loan+- IF I CAN'T GET A REASONABLE PRICE.
  • - $200,000 With $200,000 less, you can renovate it and put it back in its original condition and more.
  • - $300,000 and more. With $300,000 less and more, you are renovating it and even making improvements... changing cabinets, windows, paving, curbs and land, or land and paving at the same time as a future project on the wooded lot
  • .
  • - $50,000 For loss of rental income during the work in the first year.

A vacant lot ($200,000) undivided wooded lot of + or - 10,000 ft², zoning to be verified with the city since parking would be made mandatory at the back of the building. However, the entire south side of the street are apartment buildings with front parking lots built from +-1985 to +-1990. Possibly an exemption to be obtained from the city, or as the land is not subdivided, it can be considered as a real estate complex, which was explained to me during construction, but all to be validated with the

city.

A real estate complex is a building with the same characteristics, exterior color and same type of coating, interior and exterior dimensions.

As for me, I saw a 6-unit project consisting of 6 x 4½ units on 3 floors, but without a semi-basement.

A justification of the selling price is forthcoming.

A developer told me about demolishing everything and building a 12-unit building.

I prefer to sell the whole thing together, but open to selling the land only.

Complete Description
Complete Description

Property features

Asking Price
$1,400,000
Style
4 seasons
Details
Priced To Move
Year of construction
1988
Building dimensions
28x64 ft (8.53x19.51 m)
Occupation rate
33
Certificate of Location
Yes
Courtyard orientation
South
Number of parkings
11
Lot's municipal evaluation
$144,000
Building's municipal evaluation
$476,000
Annual income
$43,000.00
2 Bedroom
3
3 Bedroom
3

External facing:

  • Brick
  • Sheet metal

Foundation:

  • Cast concrete

Roof:

  • Asphalt shingle

Heating source:

  • Electric

Features:

  • Shed

Kitchen:

  • Melamine cabinets

Bathroom:

  • Bath and shower
  • Ceramic Shower

Basement:

  • Totally finished
  • Separate entrance
  • Potential income

Parking / Driveway:

  • Asphalt

Location:

  • Highway access
  • Near park
  • Residential area

Lot description:

  • Flat geography
  • Mature trees

Near Commerce:

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

Near Health Services:

  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School
  • College

Near Recreational Service:

  • Golf course
  • Gym
  • Sportif center
  • Library
  • Museum
  • ATV trails
  • Bicycle Path

Municipal services:

  • Aqueduct
  • Sanitary Sewer

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment 1
Storey: 2nd floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Laminate
Apartment 2
Storey: 2nd floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$41.49
$497.92
Municipal taxes
$927.89
$11,134.72
Electricity
$47.33
$568.00
Insurance
$566.67
$6,800.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$3,583.33
$43,000.00

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.

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.

Download the legal documents that you need

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$1,400,000

6 units or more for sale

468A avenue de la Sablière Ste-Marie Chaudière-Appalaches

No. 1134241

Priced To Move
Are you interested in this property?
Here’s how to contact the owner
Are you interested in this property?
Here’s how to contact the owner