2 bedrooms
1 bathroom
1 half bath
2 levels
Living space area (basement exclu.) 1,062.40 ft² (98.7 m²)

Owners’ comments

Automated translation

Condo sold fully furnished, equipped and without taxes.

A stone

's throw from Lake Memphrémagog, this two-storey condo offers a dream location! Close to the city center and its restaurants, just a 5-minute walk from Cantons Beach via a private trail. Neighboring bike and pedestrian paths, as well as a sailing club and an indoor climbing center. 10 minutes from the highway or Mont-Orford Park and its activities

.

1062 sq.ft. condo with 2 large bedrooms, 1 full bathroom and 1 powder room. Sold fully furnished and equipped (towels, bedding, dishes, etc.), all you need is your suitcases. The equipment is sold as is, without warranty, and may differ from the photos. Excluded are personal effects and some small furniture and decorative items.

Great investment opportunity: its zoning allows short-term rentals such as Airbnb, an asset that is becoming more and more rare in Magog! Possibility of income up to $24,000 per year. High occupancy from June to October.

1 private parking space included.
*Condo fees include: unlimited high speed internet and cable TV channels, commercial central vacuum, snow and lawn mowing, outdoor pest control.
Large 10 x 11 ft private terrace.
Stacked washer/dryer 2021 Wall-mounted
heat pump 2023
Water heater 2023 Water heater 2023 Unusable wood
fireplace, it is no longer up to

standard.

*Advantages: price under municipal assessment and you will not have to pay taxes during the acquisition.

A great investment. A property that can be modernized to maximize its rental yield and its long-term value

.

Complete Description
Complete Description

Property features

Ownership
Divided
Located on which floor?
2
Price Detail
By Appointment
Asking Price
$322,000
Municipal Assessment
$326,000
Year of construction
1988
Number of exterior parking
1
Annual income
$24,000.00

External facing:

  • Acrylique resin
  • Vinyl Siding

Heating source:

  • Electric

Kitchen:

  • Melamine cabinets
  • Stove
  • Dishwasher
  • Fridge

Equipment/Services Included:

  • Central vacuum
  • Central air
  • Stove
  • Dishwasher
  • Washer
  • Ceiling fixtures
  • Furnished
  • Stove
  • Fridge
  • Window coverings
  • Half bath on the ground floor
  • Dryer
  • Blinds

Location:

  • Residential area

Lot description:

  • Beach access
  • Water Access
  • Patio/deck

Near Commerce:

  • Bar
  • Drugstore
  • Restaurant

Near Health Services:

  • Medical center
  • Dentist

Near Recreational Services:

  • Sports center
  • Gym
  • Bicycle path
  • Pedestrian path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Kitchen
Storey: 2nd floor
Dimensions: 9' 6" x 10' (2,9 m x 3,05 m)
Flooring: Vinyl
Dining Room / Living room
Storey: 2nd floor
Dimensions: 13' 6" x 26' (4,11 m x 7,92 m)
Flooring: Laminate
Entrance
Storey: 2nd floor
Dimensions: 6' x 7' (1,83 m x 2,13 m)
Flooring: Ceramic
Half bath
Storey: 2nd floor
Dimensions: 4' x 3' (1,22 m x 0,91 m)
Flooring: Ceramic
Bedroom 1 (Primary)
Storey: 3rd floor
Dimensions: 13' 6" x 16' (4,11 m x 4,88 m)
Flooring: Carpet
Bedroom 2
Storey: 3rd floor
Dimensions: 13' 6" x 14' 6" (4,11 m x 4,42 m)
Flooring: Hardwood
Bathroom
Storey: 3rd floor
Dimensions: 7' x 8' (2,13 m x 2,44 m)
Flooring: Ceramic

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Property taxes
$282.12
$3,385.39
School taxes
$12.44
$149.26
Condo fees
$401.97
$4,823.61

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$2,000.00
$24,000.00

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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$322,000

Condominium for sale

232-2210 place du Village Magog Estrie

No. 1131400

By Appointment
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.
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.