951 rue McGregor, Sherbrooke (Jacques-Cartier) for sale
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951 rue McGregor, Sherbrooke (Jacques-Cartier) for sale
3 bedrooms
1 bathroom
Lot dimensions 1,250 ft² (116.13 m²)

Owners’ comments

Automated translation

4 5 1/2 condos well built in 2023, all rented.

Open concept kitchen, dining room and living room. Separate laundry room and other storage room in addition.

2 condos with carport on the first floor and 2 condos on the second floor with large covered balcony.

8 x 6 sheds at the back, on screw posts.

A few trees in the back, very beautiful windows.

Reason for selling: too far for me.

cheap rent this year, annual income $83,400

lawn cutting and snow removal: $1600

Income opportunity next year 88400$

Complete Description
Complete Description

Property features

Asking Price
$1,388,000
Style
New construction
Year of construction
2023
Building dimensions
90x70 ft (27.43x21.34 m)
Occupation rate
100
Certificate of Location
Yes
Number of parkings
12
Lot's municipal evaluation
$272,600
Building's municipal evaluation
$828,200
3 Bedroom
4

External facing:

  • Canexel wood fibre siding

Foundation:

  • Cast concrete

Parking / Driveway:

  • Asphalt

Location:

  • Highway access
  • Near park
  • Public transportation

Near Commerce:

  • Bank
  • Shopping Center
  • Drugstore
  • Restaurant
  • Supermarket

Near Health Services:

  • Medical center
  • Dentist

Near Educational Services:

  • Elementary school
  • High School

Near Recreational Service:

  • Bicycle Path

Complete list of property features

Calculator

Mortgage calculator

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Would you like a mortgage pre-authorization? Make an appointment with a Desjardins advisor today!

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Legal information

This online tool was created to help you plan and calculate your payments on a mortgage loan. The results are estimates based on the information you enter. They can change depending on your financial situation and budget when the loan is granted. The calculations are based on the assumption that the mortgage interest rate stays the same throughout the amortization period. They do not include mortgage loan insurance premiums. Mortgage loan insurance is required by lenders when the homebuyer’s down payment is less than 20% of the purchase price. Please contact your mortgage lender for more specific advice and information on mortgage loan insurance and applicable interest rates.

Calculator

Mortgage calculator

i

The price you agree to pay when you purchase a home (the purchase price may differ from the list price).

i

The amount of money you pay up front to secure the mortgage loan.

i

The interest rate charged by your mortgage lender on the loan amount.

i

The number of years it will take to pay off your mortgage.

5 years
10 years
15 years
20 years
25 years
30 years
i

How often you wish to make payments on your mortgage.

Weekly
Bi-Weekly
Monthly
Mortgage amount
$1,110,400
My payments
$1,561 Weekly

Would you like a mortgage pre-authorization? Make an appointment with a Desjardins advisor today!

Get pre-approved

Legal information

This online tool was created to help you plan and calculate your payments on a mortgage loan. The results are estimates based on the information you enter. They can change depending on your financial situation and budget when the loan is granted. The calculations are based on the assumption that the mortgage interest rate stays the same throughout the amortization period. They do not include mortgage loan insurance premiums. Mortgage loan insurance is required by lenders when the homebuyer’s down payment is less than 20% of the purchase price. Please contact your mortgage lender for more specific advice and information on mortgage loan insurance and applicable interest rates.

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$54.25
$651.00
Municipal taxes
$837.83
$10,054.00
Maintenance fees
$133.33
$1,600.00
Insurance
$107.08
$1,285.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$6,950.00
$83,400.00

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.

$1,388,000

Quadruplex for sale

951 rue McGregor Sherbrooke (Jacques-Cartier) Estrie

No. 1098676

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