Owners’ comments

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Price $315,000 plus taxes

Turnkey cottage at Southière Magog beach: profitability, charm and access to the lake!

Short-term rental income
Enjoy a gross income of approximately $30,000 per year, maintained for over five years thanks to an exceptional location.
This chalet is a proven investment opportunity, ready to generate income as soon as it is acquired.

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Sought-after location
Located less than 300 meters from Lake Memphrémagog, this chalet has direct access to Southière's 2 private beaches and

all its facilities.

You will be close to restaurants, trails and outdoor activities.
A mooring buoy is also available ($) to keep your boat directly on the lake, a rare privilege

.

Less than 7 km from Mont Orford, fans of skiing, hiking and nature will be delighted.
The bike paths are a few minutes away, and the lake a few steps away to fully enjoy water sports all summer long

.


Comfort and style
Completely renovated, this chalet combines warmth, luminosity and modern design.
Its functional and neat layout, offering a partial view of the lake, creates a perfect atmosphere for relaxing for two, receiving loved ones or simply enjoying the waterfront in complete serenity.


Lifestyle and potential
Ideal for a couple looking for a place to stay in Estrie, this cottage offers both tranquility, profitability and proximity to the attractions of Magog.
Whether as a second home or rental investment, it offers the perfect balance between pleasure and return

.

The land is in divided co-ownership with six other chalets, forming a charming harmonious and well-maintained set.
Possibility of acquiring several units to maximize rental income or create a small private estate by the lake

.

Potential for optimizing rental income: a rare opportunity in this sought-after sector!

www.chaletmemphre.ca

Complete Description
Complete Description

Property features

1 bedroom
1 bathroom
1 level
Living space area (basement exclu.) 384 ft² (35.67 m²)
Lot dimensions 25 000 ft² (2 322.58 m²)
Property Style
Divided Co-Ownership
Price Detail
Lake Access
Asking Price
$315,000
Building dimensions
24x16 ft (7.32x4.88 m)
Year of construction
1956
Number of exterior parking
1

External facing:

  • Vinyl Siding

Heating source:

  • Electric
  • Heat-pump

Kitchen:

  • Melamine cabinets
  • Stove
  • Fridge

Equipment/Services Included:

  • Stove
  • Ceiling fixtures
  • B/I Microwave
  • Stove
  • Fridge
  • Window coverings
  • Blinds
  • Dehumidifier
  • Furnished

Bathroom:

  • Ceramic Shower

Renovations and upgrades:

  • Cabinets
  • Heating
  • Central air
  • Kitchen
  • Electrical
  • Windows
  • Insulation
  • Floors
  • Plumbing
  • Doors
  • Bathrooms
  • Roof
  • Painting

Parking / Driveway:

  • Aggregate

Location:

  • Highway access
  • Near park
  • Residential area

Lot description:

  • Water Access
  • Water view
  • Flat geography
  • Beach access
  • Hedged
  • Lake

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
  • Middle School

Near Recreational Services:

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

Certifications:

  • Novoclimat

Complete list of property features

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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$315,000

Cottage for sale

217 ave des Scouts Magog Estrie

No. 1118052

Lake Access
Are you interested in this property?
Here’s how to contact the builder

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
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 builder

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
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.