15 bedrooms
Lot dimensions 36 569 ft² (3 397.37 m²)

Owners’ comments

Automated translation

GREAT INCOME POTENTIAL - COMMERCIAL/RESIDENTIAL!

Carefully maintained building offering unique development and income potential. Located in an enchanting setting at the end of a dead end street, in the heart of the village of La Patrie, in the MRC du Haut-Saint-François (only 45 minutes from Sherbrooke and

Lac-Mégantic).

Ideal for investors, young families, self-employed workers for housing, RPA, alternative health center, medical clinic or others. This multi-purpose building offers rare opportunities in the region:

Garden level:

Currently occupied by the owner. Offers a large 7 ½ composed of 4 bedrooms + 1 office or any other function, 2 full bathrooms, a large living room, mechanical room with storage, radiant floors and two independent entrances

.
  • Project to be developed: cheaply, convert to 1 x 4 ½ and 1 x 5 ½. Wonderful project ideas for bi-generational
or rental

Ground floor and 1st floor:

Currently 12 closed rooms with windows are occupied by the CIUSSS (which will be leaving soon) and a dental clinic which also occupies 2 closed rooms with windows. At the departure of the CIUSSS, the dental clinic will remain tenant. Premises on the ground floor are reserved for the dental clinic, which will be expanded. These 2 floors contain 1 bathroom, 2 shower rooms and 3 independent entrances to facilitate access.

Project to be developed at low cost: possibility of transforming the building to accommodate a residence for seniors, housing or other projects.

  • Ground floor: the space can be arranged into a 4 ½ or a 5 ½.
  • 1st floor: offers the possibility of creating a very large 5 ½.

The whole benefits from superb light and an exceptional view of the mountains.

Garage:

With electric door, running water and wood heating. It is designed to be mechanical thanks to its interior finish, but just as ideal for carpentry or other projects. The 2nd floor has a full wood finish. This garage is the answer to your wildest projects!

Large lot, including two large parking lots, a charming wooden pavilion, a fire pit and fruit trees.

Everything is part of a peaceful environment, with a breathtaking view of Mont-Mégantic. A unique opportunity to experience the countryside cheaply, while enjoying local services and an exceptional quality of life.

Since the dimensions of the building are irregular, a plan will be provided to the interested purchaser.

Whose luck? Contact us to discover this jewel with multiple possibilities!

Sale without legal warranty at the risk and peril of the buyer.
Flexible delivery date
Visit by appointment only by serious buyers

Complete Description
Complete Description

Property features

Asking Price
$693,000
Details
With income
Year of construction
1951
Number of commercial units
3
Certificate of Location
Yes
Number of parkings
15
Company
Service et logement
Franchise
No
In operation since
1990
Lot's municipal evaluation
$68,400
Building's municipal evaluation
$206,400
Annual incomes
$8,400

Bathroom:

  • Bath and shower

Foundation:

  • Cast concrete

External facing:

  • Aluminium Siding
  • Brick

Roof:

  • Asphalt shingle
  • Elastomer membrane

Heating source:

  • Wood stove
  • Electric

Electric system:

  • Breakers panel
  • Fuses panel
  • Voltage

Features:

  • Air Conditioning
  • Central Vacuum Cleaner
  • Lights
  • Curtains
  • Blinds

Upgrades:

  • Windows
  • Insulation
  • Floors
  • Roof

Garage:

  • Finished
  • Heated
  • Detached
  • Insulated

Parking / Driveway:

  • Aggregate
  • Asphalt
  • Outside

Location:

  • No backyard neighbors
  • Residential area
  • Panoramic view
  • Near schools
  • Close to all services

Lot description:

  • Panoramic view
  • Flat geography
  • Fenced
  • Landscaped

Near Commerce:

  • Supermarket
  • Restaurant
  • Bar

Near Health Services:

  • Dentist
  • Medical center
  • Health / spa Center

Near Educational Services:

  • Day nursery
  • Kindergarten
  • Elementary school

Near Recreational Services:

  • Library
  • ATV trails

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Municipal taxes
$402.69
$4,832.23
School taxes
$16.97
$203.62
Electricity
$744.75
$8,937.00
Other energy
$66.67
$800.00
Insurance
$377.42
$4,529.00

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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$693,000

Commercial building for sale

40 rue Dumoulin La Patrie Estrie

No. 1114619

With income
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Here’s how to contact the owner
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