7 bedrooms
4 bathrooms
Lot dimensions 27.13x15.24 m (89.01x50.00 ft)

Owners’ comments

Many improvements and major renovations have been done since the 7 last years:

The whole basement has completely been renovated!

Roof : drain and an aerator.

New windows (20) except both of the bottom in front as well as new steel front door in front.

Rails (ledges) and gutters.

Floor covering of the most apartments in flexible tiles.

New shower and bath at the main floor.

Installation of a heat pump on the main floor.

Cracks in the basement were completely treated(handled) by Epoxy Pro and a membrane along west side of the building to prevent water infiltration.

On a list of City of Sherbrooke to be subsidized for the next renovations (before 2-3 years) which is transferable to the next owner: to improve the main plumbing as well as to redo the solage in front and redo the joints of bricks.

Interesting specifications :

Into every apartment, no sleeping room is situated near the front of the building (close to the traffic circulation) : so, it is not too noisy for a good sleep.

The neighborhood does not have to circulate by the backyard of the building. It is peaceful and private green small place situated at the foot of the Mount Bellevue.

Close to principal bus access to go everywhere in town as well as the University of Sherbrooke (10 minutes for walk).

Spaces are all occupied with stable tenants. The current occupants are peaceful and reliable. Completely furnished and actually includes : electricity and heating, telephone, internet and tv cable.

MANY RECENTS AND MAJOR RENOVATIONS HAVE BEEN DONE LAST SUMMER!

 

 

Complete Description
Complete Description

Property features

Asking Price
$249,000
Details
Firm
Year of construction
1954
Building dimensions
14.7x9.19 m (48.23x30.15 ft)
General condition
Standard
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
North
Number of parkings
5
Municipal evaluation's date
2015
Lot's municipal evaluation
$41,300
Building's municipal evaluation
$168,000
Taxes year
2016
1 Bedroom
1
2 Bedroom
1
4 Bedroom and more
1
Bedrooms (total)
6
Loft(s)
1

External facing:

  • Brick

Foundation:

  • Cast concrete

Frame:

  • Wooden dunnage

Roof:

  • Elastomer membrane

Floor coverings:

  • Linoleum

Windows:

  • PVC

Heating source:

  • Electric
  • Thermo-pump

Features:

  • Central air

Kitchen:

  • Melamine cabinets

Bathroom:

  • Bath and shower

Upgrades:

  • Electrical
  • Windows
  • Insulation
  • Floors
  • Doors
  • Bathrooms
  • Basement
  • Roof
  • Gutters
  • Painting
  • Foundation

Parking / Driveway:

  • Outside
  • Crushed Gravel

Location:

  • Near park
  • No backyard neighbors
  • Public transportation

Lot description:

  • Mountain geography

Near Commerce:

  • Supermarket
  • Drugstore
  • Restaurant
  • Shopping Center
  • Bar

Near Educational Services:

  • Elementary school
  • University

Near Recreational Service:

  • Ski resort
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment 1
Storey: Main floor
Dimensions: 48' 3" x 30' 2" (14,70 m x 9,19 m)
Flooring: Vinyl
Apartment 2
Storey: 1st floor
Dimensions: 36' 1" x 15' 1" (11 m x 4,59 m)
Flooring: Vinyl
Apartment 3
Storey: 1st floor
Dimensions: 46' 2" x 15' 1" (14,07 m x 4,59 m)
Flooring: Vinyl
Storage space
Storey: 1st floor
Dimensions: 6' 7" x 13' 1" (2 m x 4 m)
Flooring: Hardwood
Loft
Storey: Basement
Dimensions: 30' 8" x 30' 2" (9,35 m x 9,19 m)
Flooring: Vinyl
Storage space
Storey: Basement
Dimensions: 15' 6" x 32' 1" (4,72 m x 9,79 m)
Flooring: Concrete

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$57.00
$684.00
Municipal taxes
$262.50
$3,150.00
Electricity
$458.33
$5,500.00
Insurance
$85.00
$1,020.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$2,700.00
$32,400.00

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.

$

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

$249,000

Triplex for sale

1656-1658 rue Galt ouest

Sherbrooke (Mont-Bellevue) Estrie

No. 318298

Firm
Contact the owner
Contact the owner