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3 bedrooms
2 bathrooms
1 level
Living space area (basement exclu.) 1 167.5 ft² (108.46 m²)
Lot dimensions 23 831.3 ft² (2 214 m²)

Owners’ comments

Automated translation

Large renovated condo (bi-generation) on the ground floor of a 6-unit building in divided condominium, very sunny (southeast) facing a huge terrace at the corner of Rue du Versant with mature trees and perennials. Private parking is located at the back of the building facing the condo very close to the entrance, ideal for a person with reduced mobility. In addition, there are several parking spaces for visitors. The condo is located near Lake Memphremagog (with access to a beach 4 minutes walk), on the edge of a bike path (La Montagnarde), 2 km from downtown, 7 km from Mont Orford (with its ski and golf slopes) and music center and 4 km from Highway 10. An ideal place for all sports and cultural activities.

This condo has 3 bedrooms (1 with walk-in closet), 2 bathrooms and 2 kitchens, 2 living rooms with cement block patios. It can be divided into 2 independent dwellings:

A 5 ½ unit (2 bedrooms, living room with electric fireplace and patio door leading to a cement slab patio, kitchen, dining room and bathroom with washer-dryer facilities) and a studio (with bathroom, kitchen-living room and a cement slab patio).

You can also divide the condo into 2 units of 3 ½ and 4 ½, ideal for bi-generation or for short-term rent with Airbnb.

A private shed is located at the back of the building and another large shed is accessible to put bikes in.

The condominium is well managed and the funds accumulated are sufficient to ensure the planned repairs. Condo fees include insurance, snow removal, earthworks, cable and unlimited internet as well as the accumulation of insurance and contingency funds.

This condo has undergone 2 major renovation periods in recent years:

In 2006-2007: replacement of PVC windows and wooden kitchen cabinets including 2 integrated glazed dishes.

In 2017: heated floor and ceramic in the kitchen and dining room, replacement of floating floors (with anti-mold underlay) in the living room and bedroom, replacement of the vanity (with marble sink) in a bathroom, replacement of blinds (living room and dining room), construction of a walk-in closet in the large bedroom.

In 2019: replacement of the patio door in the living room and replacement of the wood fireplace with an electric fireplace (in the shape of logs) in the same hearth of the fieldstone fireplace.

Well maintained building:

  • 2006-07: roof and balconies redone
  • 2011: asphalt work on the parking lot
  • 2014: painting of the building
  • 2018: replacement of the 2 stairs and repairs of 2 sheds
  • 2019: straightening of a balcony (524) and covering of the balconies with a Dec-k-ing membrane, repairs of 2 other sheds, replacement of some planks and partial painting of the building.

This condo is free immediately, clean and repainted. The new location plan will be available in early September. If you are interested, call me (819-843-9247) to arrange a visit.

Complete Description
Complete Description

Property features

Ownership
Divided
Number of exterior parking
1
Property Style
Divided Co-Ownership
Price Detail
Lake Access
Asking Price
$349,000
Backyard Faces
South-East
Year of construction
1986

Services:

  • Shared terrace

External facing:

  • Concrete
  • Wood

Floor coverings:

  • Laminate
  • Ceramic

Heating source:

  • Electric

Kitchen:

  • Wooden cabinets
  • Dishwasher
  • Stove
  • Fridge
  • Double sink
  • Waste-disposal unit

Equipment/Services Included:

  • Central vacuum
  • Shed
  • Stove
  • Fireplace
  • Dishwasher
  • Ceiling fixtures
  • B/I Microwave
  • Stove
  • Fridge
  • Blinds
  • Walk-in closet
  • Bachelor

Bathroom:

  • Bath and shower

Basement:

  • None

Renovations and upgrades:

  • Cabinets
  • Windows
  • Floors
  • Doors
  • Bathrooms
  • Underpad
  • Roof
  • Painting

Parking / Driveway:

  • Asphalt

Location:

  • Highway access
  • Near park
  • Residential area

Lot description:

  • Mountain geography
  • Corner lot
  • Patio/deck
  • Landscaped

Near Commerce:

  • Supermarket
  • Drugstore
  • Financial institution
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School

Near Recreational Services:

  • Golf course
  • Gym
  • Sports center
  • Library
  • Museum
  • Ski resort
  • Bicycle path
  • Pedestrian path
  • Swimming pool

Near Tourist Services:

  • National Park
  • Hotel
  • Port / Marina
  • Car Rental

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bathroom
Storey: Main floor
Dimensions: 8' 4" x 8' (2,54 m x 2,44 m)
Flooring: Ceramic
Bathroom
Storey: Main floor
Dimensions: 8' 9" x 5' 9" (2,67 m x 1,75 m)
Flooring: Ceramic
Bedroom 1 (Primary)
Storey: Main floor
Dimensions: 15' x 14' (4,57 m x 4,27 m)
Flooring: Laminate
Bedroom 2
Storey: Main floor
Dimensions: 11' x 10' (3,35 m x 3,05 m)
Flooring: Laminate
Bedroom 3
Storey: Main floor
Dimensions: 15' x 11' 6" (4,57 m x 3,51 m)
Flooring: Laminate
Dining room
Storey: Main floor
Dimensions: 13' 6" x 6' (4,11 m x 1,83 m)
Flooring: Ceramic
Hall
Storey: Main floor
Dimensions: 7' 3" x 5' 1" (2,21 m x 1,55 m)
Flooring: Ceramic
Kitchen
Storey: Main floor
Dimensions: 8' x 11' 6" (2,44 m x 3,51 m)
Flooring: Ceramic
Living room
Storey: Main floor
Dimensions: 13' 8" x 11' 8" (4,17 m x 3,56 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Property taxes
$141.42
$1,697.00
School taxes
$11.42
$137.00
Condo fees
$253.17
$3,038.00
Insurance
$37.50
$450.00
Heating
$136.67
$1,640.00

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.

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.

From moving to epic
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$349,000

Condominium for sale

525-126 rue Desjardins

Magog Estrie

No. 1015198

Lake Access
Contact the owner
Contact the owner
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