6 bedrooms
Lot dimensions 89.60x61.22 ft (27.31x18.66 m)

Owners’ comments

Visit www.3ours.ca

Magnificent resort cottage in downtown North Hatley with waterfront lot. Waterfront lot is less than a 1-minute walk (75m).

Additional waterfront lot located 75 meters from cottage in downtown North Hatley. 44' x 68' frontage on Lake Massawippi with beach, 60' dock for up to 3 boats, 20' 3500 lbs electric boat lift, 10X10 swim platform. Cabin 15X15 with possibility of electricity connected to the Hydro network.

The chalet is located in the bilingual village of North Hatley in the heart of the Eastern Townships, 1 hour 15 minutes from Montreal, 10 minutes from Magog and Sherbrooke. The chalet can accommodate up to 20 people. CITQ permit since 2021.

Turnkey income property with furniture and fixtures ready for continued operation. Annual revenues of over $150,000 per year and still plenty of rental potential. Already over $50,000 in reservations for 2025.

Formerly the town hall, fully renovated to make an Airbnb in 2021, the building is adapted te licensed for short-term rental. The chalet can be rented as one large cottage or as two separate 2-bedroom and 4-bedroom units, depending on the time of year, thanks to its two complete, well-insulated units with top-of-the-range full kitchens and 3 bathrooms and 1 powder room.

The two units are connected by an interior staircase. 10- to 15-foot ceilings on both floors give an impressive sense of grandeur. Extensive insulation between the two units to allow noise without hassle.

Several outdoor terraces, including the 25 x 25 roof terrace with outdoor counter, sink, running water and living area with fireplace and dining room for 20 people, accessible to both units. Rear terrace 20 x 20 and 2nd floor terrace 12 x 4 with fireplace. Trex patio and glass railings throughout. Balconies, courtyards and terraces are all maintenance-free Trex, guarded by glass railings.

The chalet faces Lake Massawippi, with a view of the sunset over the lake. A street separates the lake from the chalet. The location is heavenly and a favorite of all visitors, with a rating of 4.93* out of 5 for over 150 comments. The chalet has been a traveler favorite since 2021.

Ceilings of 15 feet on the ground floor and 10 and 12 feet on the second floor. All living areas have radiant floor heating. Each room has wall heating and is fully equipped with intelligent Sinope systems for precise remote temperature control, plus an automatic water shut-off valve and multiple water leak detectors to protect against water damage 24-7.

The first floor features a propane fireplace in the dining room, a 10-foot double marble countertop that seats 4 in the kitchen, a double propane gas oven with 8 rounds and 2 commercial Wolf brand plates, and a commercial double hood. The fridge and freezer are full-capacity 39 Sub Zero units covered by cabinets to blend in with the decor. High-end wood kitchen.

The chalet faces Lake Massawippi, with a view of the sunset over the lake. A street separates the lake from the chalet. The location is heavenly and a favorite of all visitors, with a rating of 4.93* out of 5 for over 150 comments. The chalet has been a traveler favorite since 2021.

Ceilings of 15 feet on the ground floor and 10 and 12 feet on the second floor. All living areas have radiant floor heating. Each room has wall heating and is fully equipped with intelligent Sinope systems for precise remote temperature control, plus an automatic water shut-off valve and multiple water leak detectors to protect against water damage 24-7.

The first floor features a propane fireplace in the dining room, a 10-foot double marble countertop that seats 4 in the kitchen, a double propane gas oven with 8 rounds and 2 commercial Wolf brand plates, and a commercial double hood. The fridge and freezer are full-capacity 39 Sub Zero units covered by cabinets to blend in with the decor. High-end wood kitchen.

The chalet is powered by a 12-kw generator and three 500-liter propane tanks.
Public access to the lake less than 50 meters away. Just a few meters from the marina, grocery store and restaurants of Hovey Manor, the chalet offers something for everyone, from outdoor enthusiasts to epicureans.

The chalet has two parking lots with an electric charging station. There's a large, free, year-round, day-and-night public parking lot 50 meters away for more than 30 cars.
The public beach and tennis courts are less than 550 meters away. Golf is also 1 km away. 20 minutes from Mont Orford and 12 minutes from Magog. The park and country markets are 500 meters away.

Neighboring post office and no other residential neighbors ensure peace and freedom for tenants in the evenings and on weekends.

The elementary school is less than 100 meters away, allowing children to play in the playground with its play modules, soccer field and basketball court.

By 2025, North Hatley Park will be equipped with a refrigerated skating rink. This will encourage winter rentals. Water play modules are also planned for children's enjoyment. All 800 meters from the chalet.

The chalet is fully equipped and perfectly adapted to satisfy all visitors. In fact, the chalet has been an Airbnb Coup de coeur for 3 years. Most families return year after year.
Electricity and plumbing to be completely redone in 2021. Architectural plans, certificate of location and Phase I and II certification available confirming compliance and no contamination.

Equipped for all outdoor activities, field hockey goal, sticks, spikeball, tennis rackets, balls, basketball hoop, 6 kayaks and 8 paddle boards and jackets, plus a 15-foot floating mat for fun on the lake.

Also, 4 commercial Segway electric scooters with GPS control and remote locking via smartphone. Not to mention pocket games, washer, chairs and beach games. In addition, children's sleds, children's vehicles, playpens (3), moise, pet accessories, petanque, twenty or so double board games for upstairs and downstairs, etc, etc!

An urban cottage with a huge lakefront lot with beach and dock for your boats, BBQ and swimming. Whether it's for you and your family, for rent or for both, it's a worthwhile investment!

A unique project in the Eastern Townships with very little competition. Since the introduction of the Short-Term Rental Act, there have been few, if any, authorized rental cottages with this capacity in the Eastern Townships. What's more, it's no longer possible to offer ground-floor accommodation in downtown North Hatley. The cottage's acquired rights give it a unique distinction that ensures its income.

Ready to operate the very next day with all software, website and loyal suppliers (housekeeping, lawn care, snow removal, repairs). All included. Over $200,000 in supplies and accessories alone, plus a huge waterfront  lot in the hart of downtown. That's very, very rare!

Included in the sale price :

  • Operating company
  • Building and building land
  • All furniture, fittings, boats, docks and accessories.
  • Waterfront lot.


Visit www.3ours.ca

Complete Description
Complete Description

Property features

Style
De Prestige
Asking Price
$1,989,000
Details
Taxes not included / lot included
Year of construction
1930
Number of commercial units
2
Building dimensions
3,200 ft² (297.29 m²)
General condition
Excellent
Certificate of Location
Yes
Number of parkings
2
Franchise
No
In operation since
2021
Municipal evaluation's date
2024
Lot's municipal evaluation
$226,000
Building's municipal evaluation
$433,000
Annual incomes
$135,000
Taxes year
2024

Bathroom:

  • Two sinks
  • Separate Shower

Foundation:

  • Cast concrete

External facing:

  • Aluminium Siding
  • Wood
  • Brick

Roof:

  • Asphalt shingle

Windows:

  • PVC

Heating source:

  • Electric
  • Radiant
  • Thermo-pump

Electric system:

  • 200 amps

Features:

  • Air Conditioning
  • Laundry room
  • Monitoring Camera
  • Kitchen
  • Fire Detector
  • Air exchanger
  • External Lighting
  • Outside Sign
  • Fireplace
  • Generator
  • Lights
  • Stove
  • Curtains
  • Shower room
  • Bathroom
  • Jacuzzi
  • Blinds
  • Blinds and/or Curtains
  • Ceiling fixtures

Near Tourist Services:

  • National Park
  • Hotel
  • Port / Marina

Basement:

  • Totally finished
  • Separate entrance

Upgrades:

  • Addition
  • Architecture of the facade
  • Cupboards
  • Heating
  • Kitchen
  • Electricity
  • Windows
  • Insulation
  • External facing
  • 9ft ceilings
  • Floors
  • Plumbing
  • Doors
  • Bathrooms
  • Basement
  • Roof

Parking / Driveway:

  • Asphalt

Zoning:

  • Bar
  • Office
  • Restaurant
  • Services
  • Retail sale

Location:

  • Near park
  • No backyard neighbors
  • Residential area
  • Waterfront
  • Water view
  • Near schools
  • Close to all services

Lot description:

  • Water view
  • Mature trees
  • Patio/deck

Near Commerce:

  • Supermarket
  • Restaurant
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health / spa Center

Near Educational Services:

  • Day nursery
  • Kindergarten
  • Elementary school
  • College
  • University

Near Recreational Services:

  • Golf resort
  • Library
  • ATV trails
  • Ski resort
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bedroom 1 (Primary)
Storey: Main floor
Dimensions: 9' 7" x 14' (2,92 m x 4,27 m)
Flooring: Vinyl
Bedroom 2
Storey: Main floor
Dimensions: 16' 4" x 8' 7" (4,98 m x 2,62 m)
Flooring: Vinyl
Dining Room / Kitchen
Storey: Main floor
Dimensions: 30' 4" x 32' 2" (9,25 m x 9,8 m)
Flooring: Vinyl
Half bath
Storey: Main floor
Dimensions: 5' 5" x 6' 7" (1,65 m x 2,01 m)
Flooring: Ceramic
Lobby
Storey: Main floor
Dimensions: 10' 6" x 10' 4" (3,2 m x 3,15 m)
Flooring: Vinyl
Lounge
Storey: Main floor
Dimensions: 13' 6" x 5' 6" (4,11 m x 1,68 m)
Flooring: Ceramic
Bathroom
Storey: 1st floor
Dimensions: 12' x 8' 1" (3,66 m x 2,46 m)
Flooring: Ceramic
Bedroom 3
Storey: 1st floor
Dimensions: 13' 10" x 16' 2" (4,22 m x 4,93 m)
Flooring: Vinyl
Dining Room / Kitchen
Storey: 1st floor
Dimensions: 13' 2" x 32' 2" (4,01 m x 9,8 m)
Flooring: Vinyl
Living room
Storey: 1st floor
Dimensions: 13' x 17' 6" (3,96 m x 5,33 m)
Flooring: Vinyl
Lobby
Storey: 1st floor
Dimensions: 3' 1" x 13' (0,94 m x 3,96 m)
Flooring: Ceramic
Lounge
Storey: 1st floor
Dimensions: 4' 2" x 12' 10" (1,27 m x 3,91 m)
Flooring: Ceramic
Bathroom
Storey: Basement
Dimensions: 10' 6" x 10' 4" (3,2 m x 3,15 m)
Flooring: Ceramic
Bathroom
Storey: Basement
Dimensions: 9' 2" x 14' (2,79 m x 4,27 m)
Flooring: Ceramic
Bedroom 5
Storey: Basement
Dimensions: 12' 7" x 15' 10" (3,84 m x 4,83 m)
Flooring: Vinyl
Bedroom 6
Storey: Basement
Dimensions: 9' 7" x 34' 4" (2,92 m x 10,46 m)
Flooring: Vinyl
Open concept
Storey: Basement
Dimensions: 21' 8" x 17' 6" (6,6 m x 5,33 m)
Flooring: Vinyl

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Municipal taxes
$566.67
$6,800.00
School taxes
$133.33
$1,600.00
Electricity
$625.00
$7,500.00
Rent
$11,250.00
$135,000.00
Water taxes
$6.25
$75.00
Other energy
$250.00
$3,000.00
Maintenance fees
$62.50
$750.00
Insurance
$500.00
$6,000.00

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.

$1,989,000

Recreation cottage for sale

135 rue Main North-Hatley Estrie

No. 1074866

Taxes not included / lot included
Contact the owner
Contact the owner