$1,199,000

Lodging / With income for sale

237-239-241-245 rue Principale Est Farnham Estrie

No. 1137368

With income
Apply for your Desjardins mortgage financing
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Here’s how to contact the owner
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Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
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?
Here’s how to contact the owner
Send a message

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
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 8,331 ft² (773.98 m²)

Owners’ comments

Automated translation

Magnificent century-old building located in the heart of downtown Farnham. Bordered by the Yamaska River and Conrad-Blain Park, it is close to

all shops and services.

Awarded in 2008 by the City of Farnham, following major renovations, it won the distinction of Best renovation project in the preservation of built heritage.

Three businesses are located on the ground floor (a hairdresser, a clinic and a training center) and a large apartment is located on the 2nd floor.

A magnificent terrace offers a breathtaking view of St-Romuald Church and the Yamaska River. The spacious home is 2683 square feet and is currently vacant and offers comfort and amenities. It has 3 bedrooms, custom wall storage, a walk-in closet, double closets and an indoor veranda

.

Its exceptional location allows for a very practical way of life. Ideal for a homeowner or for an investor who wants a building that generates stable income in a growing municipality and has the potential for additional income

.
Complete Description
Complete Description

Property features

Asking Price
$1,199,000
Details
With income
Year of construction
1875
Number of commercial units
3
Building dimensions
7,759 ft² (720.83 m²)
Certificate of Location
Yes
Number of parkings
5
Adapted for reduced mobility
Yes
Franchise
No
Lot's municipal evaluation
$147,100
Building's municipal evaluation
$488,600
Annual income
$93,000.00

Foundation:

  • Cast concrete

External facing:

  • Canexel wood fibre siding

Roof:

  • Asphalt shingle
  • Elastomer membrane

Heating source:

  • Electric
  • Thermo-pump

Features:

  • Shed
  • Municipal Services
  • Blinds and/or Curtains
  • Electric vehicle charging station

Basement:

  • Separate entrance
  • Unfinished
  • Potential income

Upgrades:

  • Cupboards
  • Kitchen
  • Bathrooms

Parking / Driveway:

  • Asphalt

Location:

  • Near park
  • Water view
  • Near schools
  • Close to all services

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Financial institution
  • Restaurant

Near Health Services:

  • Dentist
  • Health / spa Center

Near Educational Services:

  • Day nursery
  • Kindergarten
  • Elementary school
  • High School

Near Recreational Services:

  • Library

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Municipal taxes
$850.54
$10,206.49
School taxes
$37.16
$445.89
Electricity
$220.83
$2,650.00
Water taxes
$12.50
$150.00
Maintenance fees
$97.92
$1,175.00
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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$1,199,000

Lodging / With income for sale

237-239-241-245 rue Principale Est Farnham Estrie

No. 1137368

With income
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?

This person mentioned they are registered with the National Do Not Call List (DNCL).
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?

This person mentioned they are registered with the National Do Not Call List (DNCL).
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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