10 bedrooms
10 bathrooms
Lot dimensions 8 020 ft² (745.08 m²)

Owners’ comments

Automated translation

- Rental building of 10 apartments.

- Annual income of $64,080.

- Very good occupancy.

- Downtown Saint-Jérôme and all its services.

- Work done: replacement of balconies, major renovation of several apartments, etc.

- 2019 improvements: installation of electrical panels with circuit breakers, new commercial gas water heater, upgrade of the alarm/fire system, floor coverings of corridors.

- Upcoming works: replacement of 4 exterior doors and finishing of soffits.

Complete Description
Complete Description

Property features

Asking Price
$569,500
Style
Waterfront
Details
To discuss
Year of construction
1928
Building dimensions
3 980 ft² (369.75 m²)
General condition
Standard
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
South-East
Number of parkings
3
Municipal evaluation's date
2016
Lot's municipal evaluation
$96,800
Building's municipal evaluation
$247,900
Taxes year
2019
Bachelor
2
Studio
6
1 Bedroom
2
Bedrooms (total)
10

External facing:

  • Brick

Foundation:

  • Cast concrete

Frame:

  • Wooden part on part

Roof:

  • Gravel and asphalt

Floor coverings:

  • Linoleum

Windows:

  • Aluminium
  • Wood

Heating source:

  • Electric

Electric system:

  • 100 amps
  • 60 amps
  • Breakers panel

Features:

  • Alarm system

Basement:

  • Partially finished
  • Concrete
  • Separate entrance
  • Potential income

Upgrades:

  • Heating
  • Electrical
  • Floors
  • Doors

Parking / Driveway:

  • Crushed Gravel

Location:

  • Public transportation

Lot description:

  • River / Waterfall

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant

Near Health Services:

  • Hospital
  • Dentist
  • Medical center

Near Educational Services:

  • College
  • University

Near Recreational Service:

  • Sportif center
  • Library
  • Museum
  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$28.03
$336.36
Land taxes
$664.65
$7,975.75
Electricity
$625.83
$7,510.00
Heating
$134.17
$1,610.00
Maintenance fees
$434.58
$5,215.00
Insurance
$439.17
$5,270.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$5,340.00
$64,080.00

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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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.

$569,500

6 units or more for sale

No. 882164

To discuss
Contact the owner
Contact the owner