2 bedrooms
1 bathroom
1 level
Living space area (basement exclu.) 810 ft² (75.25 m²)

Owners’ comments

Beautiful 4 ½ condo located on Lake Magog  

. Top floor condo

. Condo #405 is one of the largest condos in the building

. 2 bedrooms

. 1 ½ bathroom

. Private patio with shade

. Kitchenette, bathroom and main entrance: ceramic floor

. Living room, kitchen, large hallway, and 2 bedrooms: floating floor

. 2 large storage spaces and a large wardrobe in the main entrance

. New windows

. Entrance halls, stairs and corridors of the building renovated in full

. Outdoor heated salt pool

. A beautiful landscaping

. Midway between Sherbrooke and Magog.

. Possibility to rent a dock, kayak rack, tire storage, bike, extra space, parking, storage.

  ** It is a building of only 40 units, well managed, superbly maintained and in good financial health.   ** Good investment because you can rent the condo.

Complete Description
Complete Description

Property features

Ownership
Divided
Number of exterior parking
1
Located on which floor?
4
Property Style
Divided Co-Ownership
Price Detail
Waterfront
Asking Price
$133,000
Municipal Assessment
$114,000
Year of construction
1985

Services:

  • Portal

External facing:

  • Brick

Floor coverings:

  • Laminate
  • Ceramic

Heating source:

  • Electric

Kitchen:

  • Melamine cabinets
  • Dishwasher

Equipment/Services Included:

  • Central air
  • Dishwasher
  • Ventilator
  • A/C
  • Bachelor

Bathroom:

  • Bath and shower

Basement:

  • Low (6 feet or under)

Renovations and upgrades:

  • Architecture of the facade
  • Central air
  • Windows
  • Roof
  • Painting

Pool:

  • Heated
  • Inground
  • Outdoor
  • Saltwater

Parking / Driveway:

  • Asphalt
  • Outside

Location:

  • Highway access
  • Near park
  • No backyard neighbors
  • Residential area
  • Public transportation

Lot description:

  • Water Access
  • Waterfront
  • Panoramic view
  • Water view
  • Flat geography
  • Hedged
  • Landscaped
  • 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
  • College
  • University
  • Middle School

Near Recreational Services:

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

Near Tourist Services:

  • National Park
  • Hotel
  • Car Rental

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Balcony
Storey: 4th floor
Dimensions: 4' 5" x 9' 8" (1,35 m x 2,95 m)
Flooring: Concrete
Bathroom
Storey: 4th floor
Dimensions: 9' 1" x 7' (2,77 m x 2,13 m)
Flooring: Ceramic
Bedroom 1 (Master)
Storey: 4th floor
Dimensions: 12' x 12' (3,66 m x 3,66 m)
Flooring: Laminate
Bedroom 2
Storey: 4th floor
Dimensions: 10' 8" x 10' (3,25 m x 3,05 m)
Flooring: Laminate
Eat-in kitchen
Storey: 4th floor
Dimensions: 10' x 5' (3,05 m x 1,52 m)
Flooring: Ceramic
Kitchen
Storey: 4th floor
Dimensions: 10' x 9' (3,05 m x 2,74 m)
Flooring: Laminate
Living room
Storey: 4th floor
Dimensions: 13' x 12' (3,96 m x 3,66 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$13.77
$165.24
Electricity
$45.00
$540.00
Property taxes
$123.29
$1,479.49
Condo fees
$170.00
$2,040.00

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.

$

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.

$133,000

Condominium for sale

No. 849293

Waterfront
Contact the owner
Contact the owner