52 bedrooms
15 bathrooms
Lot dimensions 18 523.61 ft² (1 720.9 m²)

Owners’ comments

Exceptional opportunity. Apartment building, 15 units, surrounded by large grass lot, the pavement on parking space, calm neighborhood, easy acces to schools and supermarket, easy acces to vintage shopping area.

1972 construction, managed with care. Individual heating and hot water are paid by tenants. Access into the building is a control intercom system. Camera of surveillance, fire alarm system connected to central security service. Recent renovation includes windows - patio doors - fiberglass balconies and the entire roof.

An auspicious investment considering the possibility of a rental increase, presently rents are lower than the market adding to low operation costs due to good maintenance. Electric panel 600 Volts. Professionnel evaluation September 2023.

** Information related to this advertisement may be changed without notice. Confirmations with the vendor. This is neither an offer nor an engagement witch is liable to bind the vendor to a potential buyer, it is an invitation to submit or promise. This sale is without a legal guarantee of quality, it is at risk and perils of the buyer.

Complete Description
Complete Description

Property features

Asking Price
$1,985,000
Style
Detached
Details
No agents
Year of construction
1972
Building dimensions
3 397.84 ft² (315.67 m²)
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
South-West
Number of parkings
19
Municipal evaluation's date
2022
Lot's municipal evaluation
$89,700
Building's municipal evaluation
$1,044,000
Taxes year
2024
1 Bedroom
4
2 Bedroom
7
3 Bedroom
4
Bedrooms (total)
52

External facing:

  • Brick
  • Vinyl Siding

Foundation:

  • Cast concrete

Frame:

  • Wooden dunnage

Roof:

  • Elastomer membrane

Floor coverings:

  • Laminate

Windows:

  • PVC

Heating source:

  • Electric

Electric system:

  • Fuses panel

Kitchen:

  • Wooden cabinets

Upgrades:

  • Heating
  • Electrical
  • Windows
  • External facing
  • Floors
  • Bathrooms
  • Roof

Parking / Driveway:

  • Asphalt

Location:

  • Residential area

Lot description:

  • Flat geography

Near Commerce:

  • Supermarket
  • Shopping Center

Near Educational Services:

  • Elementary school
  • High School

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$85.62
$1,027.39
Municipal taxes
$1,609.70
$19,316.44
Electricity
$86.64
$1,039.65
Insurance
$533.54
$6,402.48

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$10,697.92
$128,375.00

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.

$1,985,000

6 units or more for sale

900 rue Maisonneuve Magog Estrie

No. 1080004

No agents
Contact the owner Select the desired contact option among those that have been activated:
Send a message

Are you a real estate agent?

This person is registered on 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.

Contact the owner Select the desired contact option among those that have been activated:
Send a message

Are you a real estate agent?

This person is registered on 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.