$565,000

Inn for sale

27 rue des Cèdres Franquelin Côte-Nord

No. 1146309

Waterfront
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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.
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The steps involved in buying a property Buy
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Are you interested in this property?
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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.
Lot dimensions 49,616 ft² (4,609.48 m²)

Owners’ comments

Automated translation

Beautiful inn with 6 bedrooms and 4 bathrooms, located in the heart of the North Shore, 20 minutes from Baie-Comeau, east of the 138. It also has a nice restaurant with a reception room for 29 seats and a large kitchen. Private space for owner-occupants. A motel with 5 bedrooms, 3 of which are small apartments with full kitchens. Built in 1918 by the founder of Baie-Comeau, Colonel McCormick. Located in front of the majestic St. Lawrence River and where whale watching is done all year round. This place is renowned for its history as well as for its warm hospitality and unique atmosphere. Open 6 months a year, but can be operated year round.

Complete Description
Complete Description

Property features

Asking Price
$565,000
Details
Waterfront
Year of construction
1918
Number of commercial units
2
Building dimensions
27x75 ft (8.23x22.86 m)
Certificate of Location
Yes
Number of parkings
25
Adapted for reduced mobility
Yes
Company
individuelle
Franchise
No
In operation since
1960
Lot's municipal evaluation
$34,200
Building's municipal evaluation
$299,100
Annual income
$90,000.00

Foundation:

  • Cast concrete

External facing:

  • Aluminium Siding
  • Wood

Roof:

  • Asphalt shingle

Heating source:

  • Forced air
  • Electric
  • Oil

Electric system:

  • 200 amps

Features:

  • Handicapped Facilities
  • Fire Detector
  • External Lighting
  • Furnace
  • Shed
  • Restaurant

Basement:

  • Separate entrance
  • Unfinished

Location:

  • Near park
  • Residential area
  • Panoramic view
  • Waterfront
  • Water view
  • Close to all services

Lot description:

  • Water Access
  • Waterfront
  • Panoramic view
  • Ocean view
  • Beach front

Near Recreational Services:

  • Library
  • ATV trails

Municipal services:

  • Aqueduct
  • Sanitary Sewer

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Municipal taxes
$558.33
$6,700.00
School taxes
$5.67
$68.00
Electricity
$208.33
$2,500.00
Other energy
$250.00
$3,000.00
Insurance
$666.67
$8,000.00
Total known costs
More info on the costs involved in buying a property

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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$565,000

Inn for sale

27 rue des Cèdres Franquelin Côte-Nord

No. 1146309

Waterfront
Apply for your Desjardins mortgage financing
Are you interested in this property?
Here’s how to contact the owner
Send a message

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.
See it on the map
The steps involved in buying a property Buy
Print
Are you interested in this property?
Here’s how to contact the owner
Send a message

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.
Do you want to sell commission-free, too?
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