6 bedrooms
3 bathrooms
2 half baths
Lot dimensions 7 140 ft² (663.33 m²)

Owners’ comments

Automated translation

Opportunity! This detached building of 5 rental units is for sale for less than 11.5 x the gross income - they are over $61000/year - and at less than 16 the MRN. It has 3 units and 2 office spaces in very good condition, one of which has long been occupied by a branch of a large network of driving schools. The possibilities for optimization are great.

It is located in the northern portion of the municipality, on an important artery in Saint-Jérôme. The accommodations are varied: 3 ½, 4 ½ (very large) and 5 ½ that can accommodate diverse clientele. Very little maintenance to do.

Consisting of two parts, one of which is entirely brick with an elastomer roof, the building has been modernized over the years (plumbing and electricity). At the back, it has a large 637 ft2 warehouse and numerous parking spaces

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Make an offer!

Complete Description
Complete Description

Property features

Asking Price
$699,000
Style
Detached
Details
With income
Year of construction
1955
Building dimensions
3 859 ft² (358.51 m²)
General condition
Standard
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
East
Number of parkings
5
Municipal evaluation's date
2021
Lot's municipal evaluation
$125,100
Building's municipal evaluation
$405,600
Taxes year
2024
1 Bedroom
1
2 Bedroom
1
3 Bedroom
1
Bedrooms (total)
6
Commerce(s)
2

External facing:

  • Brick
  • Vinyl Siding

Foundation:

  • Cast concrete

Frame:

  • Wooden part on part

Roof:

  • Gravel and asphalt
  • Elastomer membrane

Floor coverings:

  • Hardwood

Windows:

  • PVC

Heating source:

  • Electric

Electric system:

  • 200 amps

Features:

  • Shed
  • Central air
  • Air exchanger

Kitchen:

  • Wooden cabinets
  • Melamine cabinets

Bathroom:

  • Bath and shower

Basement:

  • Partially finished
  • Crawl space

Upgrades:

  • Electrical
  • Plumbing
  • Roof

Parking / Driveway:

  • Asphalt
  • Outside

Location:

  • Highway access
  • Near park
  • Public transportation

Lot description:

  • Flat geography
  • Fenced

Near Commerce:

  • Drugstore
  • Bank
  • Restaurant

Near Health Services:

  • Hospital
  • Medical center

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School
  • College
  • University

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bedroom
Storey: Main floor
Dimensions: 17' 3" x 8' 8" (5,26 m x 2,64 m)
Flooring: Hardwood
Entrance
Storey: Main floor
Dimensions: 12' 9" x 20' 6" (3,89 m x 6,25 m)
Flooring: Ceramic
Office
Storey: Main floor
Dimensions: 18' x 31' (5,49 m x 9,45 m)
Flooring: Ceramic
Office
Storey: Main floor
Dimensions: 21' x 21' 5" (6,4 m x 6,53 m)
Flooring: Ceramic
Bedroom 2
Storey: 1st floor
Dimensions: 12' x 16' 5" (3,66 m x 5 m)
Flooring: Hardwood
Bedroom 3
Storey: 1st floor
Dimensions: 10' 5" x 13' (3,18 m x 3,96 m)
Flooring: Hardwood
Bedroom 4
Storey: 1st floor
Dimensions: 10' x 11' (3,05 m x 3,35 m)
Flooring: Hardwood
Bedroom 5
Storey: 1st floor
Dimensions: 10' x 10' (3,05 m x 3,05 m)
Flooring: Hardwood
Bedroom 6
Storey: 1st floor
Dimensions: 10' x 12' (3,05 m x 3,66 m)
Flooring: Hardwood
Kitchen
Storey: 1st floor
Dimensions: 14' x 24' (4,27 m x 7,32 m)
Flooring: Hardwood
Kitchen
Storey: 1st floor
Dimensions: 15' x 22' (4,57 m x 6,71 m)
Flooring: Vinyl
Living room
Storey: 1st floor
Dimensions: 12' 9" x 16' 5" (3,89 m x 5 m)
Flooring: Hardwood
Open concept
Storey: 1st floor
Dimensions: 25' x 11' (7,62 m x 3,35 m)
Flooring: Hardwood

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$41.25
$495.00
Municipal taxes
$851.50
$10,218.00
Electricity
$104.17
$1,250.00
Insurance
$341.67
$4,100.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$5,103.83
$61,246.00

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.

$699,000

Quintuplex for sale

653-655B, rue Saint-Georges

St-Jérôme (St-Jérôme) Laurentides

No. 1078433

With income
Contact the owner

Are you a real estate agent?

This person is registered on the National Do Not Call List (DNCL).

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.

Contact the owner

Are you a real estate agent?

This person is registered on the National Do Not Call List (DNCL).

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.