8 bedrooms
4 bathrooms
Lot dimensions 1 169.5 m² (12 588.39 ft²)

Owners’ comments

Multiplex, 4 apartments in Magog

4 condo style apartments size 4 1/2. Apartments always rented. Parking for 8 vehicles.

Visit available upon acceptance of purchase offer, conditional to the satisfaction of the buyer.

Gross rental revenue of $36,060.00

Complete Description
Complete Description

Property features

Asking Price
$532,300
Details
With income
Year of construction
2007
General condition
Excellent
Occupation rate
100
Certificate of Location
No
Number of parkings
8
Municipal evaluation's date
2017
Lot's municipal evaluation
$63,200
Building's municipal evaluation
$379,000
Taxes year
2019
2 Bedroom
4
Bedrooms (total)
8

External facing:

  • Vinyl Siding

Foundation:

  • Cast concrete

Frame:

  • Wooden part on part

Roof:

  • Asphalt shingle

Floor coverings:

  • Laminate
  • Ceramic

Windows:

  • PVC

Heating source:

  • Electric

Features:

  • Shed
  • Air exchanger
  • Ceiling fixtures

Kitchen:

  • Melamine wood imitation finish

Bathroom:

  • Bath and shower

Basement:

  • None

Upgrades:

  • Addition
  • Decorative Columns
  • External facing
  • Bathrooms
  • Gutters

Parking / Driveway:

  • Asphalt
  • Outside

Location:

  • Highway access
  • Near park
  • Residential area

Lot description:

  • Flat geography
  • Corner lot

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank

Near Health Services:

  • Hospital
  • Dentist
  • Medical center

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school

Near Recreational Service:

  • Library
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment bedroom
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Laminate
Apartment dining room
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Laminate
Apartment kitchen
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Ceramic
Apartment living room
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Laminate
Bathroom
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Ceramic

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$64.84
$778.10
Municipal taxes
$656.84
$7,882.07
Maintenance fees
$125.00
$1,500.00
Insurance
$150.00
$1,800.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$3,005.00
$36,060.00

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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Buy on DuProprio.com
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

$532,300

Quadruplex for sale

700-706 rue des Neiges

Magog Estrie

No. 861516

With income
Contact the owner
Contact the owner