13 bedrooms
7 bathrooms
6 half baths
Lot dimensions 9 974 ft² (926.61 m²)

Owners’ comments

Automated translation

Income building (7plex) ideal for owner-occupier with detached double garage. Incredibly well located in a quiet residential neighborhood, walking distance from Old Terrebonne and near the Ernest Terrebonne galleries. Close to all services and access to Highway 25 in less than 5 min.

For investment purposes, potential for high income in the medium and long term. The current income of the building is $60,600/year

The building includes 4x 4 1/2, 1x 5 1/2 and 2x lofts

Work to improve the roof and plumbing has been carried out, allowing the preservation and proper functioning of the building for several years to come.

Responsible tenants and a maintenance manager live on the property

No visits without an accepted offer and proof of financial pre-qualification.

Additional photos can be shared in private chat.

I will be happy to answer all your questions

Income and expenses are available under the "costs" tab at the bottom of the page.

If required, a sales balance can be discussed.

Complete Description
Complete Description

Property features

Asking Price
$1,249,000
Details
With income
Year of construction
1973
Building dimensions
2 200 ft² (204.39 m²)
General condition
Excellent
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
South-West
Number of parkings
11
Municipal evaluation's date
2021
Lot's municipal evaluation
$256,200
Building's municipal evaluation
$654,900
Taxes year
2024
2 Bedroom
4
3 Bedroom
1
Loft(s)
2

External facing:

  • Brick

Foundation:

  • Cast concrete

Roof:

  • Elastomer membrane

Floor coverings:

  • Laminate
  • Hardwood
  • Ceramic
  • Parquet
  • Carpet

Windows:

  • French Window
  • PVC

Heating source:

  • Electric

Features:

  • Laundry room
  • Shed
  • Fireplace
  • Ceiling fixtures

Kitchen:

  • Dishwasher
  • Stove
  • Fridge

Bathroom:

  • Bath and shower

Upgrades:

  • Electrical
  • Floors
  • Plumbing
  • Bathrooms
  • Roof
  • Shed
  • Terrace
  • Landscaping

Garage:

  • Detached
  • Double
  • Insulated
  • Garage door opener

Parking / Driveway:

  • Asphalt
  • Outside

Location:

  • Highway access
  • Near park
  • Residential area
  • Public transportation

Lot description:

  • Flat geography
  • Hedged
  • Fenced
  • Patio/deck
  • Landscaped

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center
  • Bar

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School

Near Recreational Service:

  • Gym
  • Sportif center
  • Library
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment 1
Storey: Main floor
Dimensions: 22' x 50' (6,71 m x 15,24 m)
Flooring: Vinyl
Apartment 2
Storey: Main floor
Dimensions: 22' x 50' (6,71 m x 15,24 m)
Flooring: Laminate
Apartment 1
Storey: 1st floor
Dimensions: 33' x 50' (10,06 m x 15,24 m)
Flooring: Parquet
Loft
Storey: 1st floor
Dimensions: 13' x 17' (3,96 m x 5,18 m)
Flooring: Carpet
Loft
Storey: 1st floor
Dimensions: 20' x 17' (6,1 m x 5,18 m)
Flooring: Laminate
Apartment 1
Storey: 2nd floor
Dimensions: 22' x 50' (6,71 m x 15,24 m)
Flooring: Laminate
Apartment 2
Storey: 2nd floor
Dimensions: 22' x 50' (6,71 m x 15,24 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$58.16
$697.87
Municipal taxes
$962.12
$11,545.41
Electricity
$155.60
$1,867.20
Insurance
$312.50
$3,750.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$5,055.00
$60,660.00

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.

$1,249,000

6 units or more for sale

705 rue Ephraim-Raymond Terrebonne (Terrebonne) Lanaudière

No. 1080552

With income
Contact the owner Select the desired contact option among those that have been activated:
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Contact the owner Select the desired contact option among those that have been activated:
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