5 bedrooms
2 bathrooms
Lot dimensions 492 m² (5 295.84 ft²)

Owners’ comments

Unique opportunity for investors or buyers. A rarity on the market; newly renovated duplex located in a residential area consisting almost exclusively of houses. Everything is new, electricity, plumbing, windows, doors, balconies, roof, kitchen, bathroom, floors, etc. The 2 apartments are rented for July but the renters of the big 5 1/2 will leave with a 2 months notice if you want to occupy it. All amenities are within a 5-minute walk.

Composed of a 5 1/2 and a 4 1/2. In each apartment, you find a large storage room adjacent to the kitchen. * Islands, not present in the photos, have been added in the kitchens.

Monthly income for July is $ 1,600 per month (4 1/2 to $ 695 and 5 1/2 to $ 900).

Look at the comparables and you will see that this duplex is a bargain!

Complete Description
Complete Description

Property features

Asking Price
$269,000
Style
Detached
Details
With income
Year of construction
1944
Building dimensions
172.6 m² (1 857.85 ft²)
General condition
Excellent
Certificate of Location
Yes
Courtyard orientation
East
Number of parkings
2
Municipal evaluation's date
2018
Lot's municipal evaluation
$27,100
Building's municipal evaluation
$105,900
2 Bedroom
1
3 Bedroom
1
Bedrooms (total)
5

External facing:

  • Wood

Foundation:

  • Cast concrete

Frame:

  • Wooden dunnage

Roof:

  • Asphalt shingle
  • Elastomer membrane

Floor coverings:

  • Laminate

Windows:

  • PVC

Heating source:

  • Convectair
  • Electric

Electric system:

  • 200 amps

Features:

  • Ceiling fixtures
  • Walk-in closet

Kitchen:

  • Melamine wood imitation finish
  • Dishwasher
  • Fridge

Bathroom:

  • Bath and shower

Basement:

  • Partially finished

Upgrades:

  • Architecture of the facade
  • Cabinets
  • Heating
  • Kitchen
  • Electrical
  • Windows
  • External facing
  • Floors
  • Plumbing
  • Doors
  • Bathrooms
  • Underpad
  • Roof
  • Gutters
  • Painting
  • Half bath
  • Foundation

Parking / Driveway:

  • Crushed Gravel

Location:

  • Near park
  • Residential area

Lot description:

  • Flat geography
  • Hedged
  • Stamped concrete
  • Fenced

Near Commerce:

  • Supermarket
  • Drugstore
  • Restaurant
  • Shopping Center

Near Health Services:

  • Hospital
  • Dentist

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School

Near Recreational Service:

  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bathroom
Storey: Main floor
Dimensions: 5' x 10' (1,52 m x 3,05 m)
Flooring: Ceramic
Bedroom 1 (Master)
Storey: Main floor
Dimensions: 12' x 11' (3,66 m x 3,35 m)
Flooring: Vinyl
Bedroom 2
Storey: Main floor
Dimensions: 12' x 10' (3,66 m x 3,05 m)
Flooring: Vinyl
Bedroom 3
Storey: Main floor
Dimensions: 10' x 11' (3,05 m x 3,35 m)
Flooring: Vinyl
Dining Room / Kitchen
Storey: Main floor
Dimensions: 16' x 13' (4,88 m x 3,96 m)
Flooring: Vinyl
Laundry room
Storey: Main floor
Dimensions: 11' x 11' (3,35 m x 3,35 m)
Flooring: Vinyl
Living room
Storey: Main floor
Dimensions: 10' x 11' (3,05 m x 3,35 m)
Flooring: Vinyl
Bathroom
Storey: 2nd floor
Dimensions: 4' x 11' (1,22 m x 3,35 m)
Flooring: Ceramic
Bedroom 1 (Master)
Storey: 2nd floor
Dimensions: 13' x 11' (3,96 m x 3,35 m)
Flooring: Vinyl
Bedroom 2
Storey: 2nd floor
Dimensions: 9' x 11' (2,74 m x 3,35 m)
Flooring: Vinyl
Dining Room / Kitchen
Storey: 2nd floor
Dimensions: 16' x 15' (4,88 m x 4,57 m)
Flooring: Vinyl
Living room
Storey: 2nd floor
Dimensions: 10' x 11' (3,05 m x 3,35 m)
Flooring: Vinyl

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$16.58
$199.00
Municipal taxes
$176.50
$2,118.00
Insurance
$189.83
$2,278.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$125.00
$1,500.00

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.

$

How to buy this property

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Did you know?

Whether you purchase a property from a homeowner or from a broker, the steps involved and the legal implications are the same. You’ll see that buying without an intermediary has many advantages!

Can I afford to buy this property?

Prior to visiting a property, you should verify whether you have the means to purchase it by meeting with a financial advisor. Don’t forget, you must have enough money to cover both a down payment and the expenses related to the transaction (notary, property transfer duties, etc.).

Is this property right for me?

Consult the listing to determine whether the property features meet your needs. If necessary, communicate with the homeowner to obtain additional information. You may then make an appointment with the homeowner for a visit and prepare a list of questions to ask him.

Do I need to conduct a property inspection?

Verifying the condition of the property prior to purchasing it is a good precaution to take. In order to do so, you can hire a home inspector. He will intervene at a later date. Be prepared to add the inspection conditions to the offer to purchase.

How much should I offer?

Easily familiarize yourself with the market by visiting DuProprio.com and by verifying the price that comparable properties in the area have sold for. You’ll get a better idea of how much you should offer. You can also hire a licensed appraiser.

FBD300AC-7746-4E68-A20C-3F23471BB772
How do I proceed with an offer to purchase?

Have a discussion with the homeowner in order to come to an agreement on the price, the conditions of the sale and the possession date. You can then complete the offer to purchase form.

Thanks to DuProprio, the seller benefits from a legal assistance service and can ask their legal questions in order to properly complete the document.

The sale will be sealed with a notary, but until then, nothing prevents you from consulting a notary to write-up an offer to purchase. Once the deed of sale is drafted, you will be the new homeowner!

Documents - Offer to purchase and counteroffer

Moving ?
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$269,000

Duplex for sale

850 rue Voyer

Magog Estrie

No. 825258

With income
Contact the owner
Contact the owner