2 bedrooms
1 bathroom
1 level
Living space area (basement exclu.) 1 100 ft² (102.19 m²)

Owners’ comments

Unique opportunity! Impeccable 4-star rated condo! Treat yourself to a quality pied-à-terre just a few steps from Lake Memphremagog, 2 kilometers from Magog and Mount Orford.

Make your investment profitable if you wish, short-term rental allowed in the declaration of co-ownership. For the municipality, acquired right transferable to the buyer for short-term rental, CITQ certification, the only one in the Faubourg des Berges! Stable clientele, reported income of more than $19,000 in 2018 and 2019.

More than $20,000 in furniture and equipment, including an upgrade of nearly $8,000 in 2016. Gas fireplace, air conditioning, hardwood floor, shed, two private parkings, soundproof.

Renovations: fireplace contour, quarter island top, ceramic kitchen backsplash, cabinet handles, bathroom counter top. Impeccable condo, nothing to repair. Well maintained building, good neighbors, contingency fund and cash on hand. 

Asking price: $179,800 includes furniture and equipment, customer list (if desired)

**Sales without taxes 

*Right of access to Lake Memphremagog. Area without any risk of flooding.

Complete Description
Complete Description

Property features

Ownership
Divided
Number of exterior parking
2
Located on which floor?
1
Property Style
Waterfront
Price Detail
Furnished
Asking Price
$179,800
Municipal Assessment
159000
Year of construction
2004

External facing:

  • Fibre cement

Floor coverings:

  • Hardwood

Heating source:

  • Electric
  • Natural gas

Kitchen:

  • Thermoplastic cabinets
  • Island
  • Dishwasher
  • Stove
  • Fridge

Equipment/Services Included:

  • Central vacuum
  • Shed
  • Stove
  • Fireplace
  • Dishwasher
  • Washer
  • Ceiling fixtures
  • Fridge
  • Window coverings
  • Dryer
  • Blinds
  • Alarm system
  • A/C
  • Furnished

Bathroom:

  • Freestanding bathtub
  • Separate Shower

Renovations and upgrades:

  • Windows
  • Painting

Parking / Driveway:

  • Asphalt

Location:

  • Highway access
  • Near park
  • No backyard neighbors
  • Residential area

Lot description:

  • Beach access
  • Patio/deck

Near Commerce:

  • Supermarket
  • Drugstore
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Medical center

Near Recreational Services:

  • Golf course
  • Pedestrian path

Near Tourist Services:

  • National Park

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bathroom
Storey: 1st floor
Dimensions: 10' 6" x 8' 6" (3,2 m x 2,59 m)
Flooring: Ceramic
Bedroom 1 (Master)
Storey: 1st floor
Dimensions: 13' 6" x 13' 6" (4,11 m x 4,11 m)
Flooring: Hardwood
Bedroom 2
Storey: 1st floor
Dimensions: 9' 6" x 13' 6" (2,9 m x 4,11 m)
Flooring: Hardwood
Dining room
Storey: 1st floor
Dimensions: 11' x 8' (3,35 m x 2,44 m)
Flooring: Hardwood
Great room
Storey: 1st floor
Dimensions: 12' x 22' (3,66 m x 6,71 m)
Flooring: Hardwood
Kitchen
Storey: 1st floor
Dimensions: 11' x 11' (3,35 m x 3,35 m)
Flooring: Ceramic

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Electricity
$72.42
$869.09
Property taxes
$187.15
$2,245.78
School taxes
$19.01
$228.13
Condo fees
$125.00
$1,500.00
Insurance
$27.17
$326.00

Property transfer duties

In Quebec, the property transfer duties is a tax that all municipalities must collect from the new owner (buyer) of a property.

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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.

Need the form?

Documents to download

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.

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home into a world
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$179,800

Condominium for sale

4-36 rue Desjardins

Magog Estrie

No. 881216

Furnished
Contact the owner
Contact the owner