2 bedrooms
1 bathroom
Living space area (basement exclu.) 74.6 m² (802.99 ft²)

Owners’ comments

Automated translation

Condo 4 1/2 on the 3rd floor, with access to Lake Magog.

Large master bedroom with soundproofed ceiling, new windows and renovated bathroom (September 2015).
Beautiful intimate courtyard, inground pool and access to the dock for boat owner.
Two parking spaces, one double. Possibility of having only 1 parking to reduce condo fees. Interior storage space.


Well located, between Magog and Sherbrooke, very close to Highway 10. 1:15 from Montreal. Within walking distance of an elementary school and the municipal beach.

Very well managed and maintained building. A visit will delight you.

Business

Opportunity

Currently leased with a lease until July 2020, possibility of renewal of tenants in place.

For images of the external environment and regulations, see domain.ca

Complete Description
Complete Description

Property features

Ownership
Divided
Number of exterior parking
2
Price Detail
Waterfront
Located on which floor? (if condo)
3
Asking Price
$125,000
Year of construction
1985

External facing:

  • Brick

Floor coverings:

  • Laminate
  • Ceramic

Heating source:

  • Electric

Equipment/Services Included:

  • Dishwasher
  • Ceiling fixtures

Renovations and upgrades:

  • Windows
  • Bathrooms

Pool:

  • Heated
  • Inground
  • Outdoor

Parking / Driveway:

  • Asphalt
  • Outside

Location:

  • Highway access
  • Near park
  • Residential area

Lot description:

  • Waterfront
  • Flat geography
  • Lake

Near Educational Services:

  • Elementary school

Near Recreational Services:

  • Golf course
  • Ski resort
  • Bicycle path
  • Pedestrian path

Near Tourist Services:

  • National Park

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bathroom
Storey: 3rd floor
Dimensions: 6' x 8' 8" (1,83 m x 2,64 m)
Flooring: Ceramic
Bedroom 1 (Master)
Storey: 3rd floor
Dimensions: 12' 6" x 12' 6" (3,81 m x 3,81 m)
Flooring: Laminate
Bedroom 2
Storey: 3rd floor
Dimensions: 9' x 9' (2,74 m x 2,74 m)
Flooring: Laminate
Dining room
Storey: 3rd floor
Dimensions: 9' x 11' 6" (2,74 m x 3,51 m)
Flooring: Laminate
Hall
Storey: 3rd floor
Dimensions: 5' x 11' 6" (1,52 m x 3,51 m)
Flooring: Laminate
Kitchen
Storey: 3rd floor
Dimensions: 8' x 11' 6" (2,44 m x 3,51 m)
Flooring: Ceramic
Living room
Storey: 3rd floor
Dimensions: 11' x 12' 6" (3,35 m x 3,81 m)
Flooring: Laminate
Storage space
Storey: 3rd floor
Dimensions: 3' 2" x 7' (0,97 m x 2,13 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Property taxes
$118.64
$1,423.72
School taxes
$12.84
$154.11
Electricity
$45.83
$550.00
Condo fees
$234.45
$2,813.43

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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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

$125,000

Condominium for sale

No. 770036

Waterfront
Contact the owner
Contact the owner