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
Property Style
Divided Co-Ownership
Price Detail
Waterfront
Located on which floor? (if condo)
4
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.

$

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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?

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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

$133,000

Condominium for sale

No. 849293

Waterfront
Contact the owner
Contact the owner