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10 bedrooms
Lot dimensions 86 911.04 ft² (8 074.3 m²)

Owners’ comments

Automated translation

Former hostel transform into 10 fully equipped studios with kitchenette and private bathroom in each studio. Rent from 600 to 1000$ per month depending on the studio.

Full dwelling rent at $1250/month by the owner with an area of 1260 sq.ft.

Includes:

  • 2 large bedrooms,
  • Kitchen dinette living room,
  • Laundry room
  • Private access to housing

Also served as a medical clinic, inn and spa, home for people with intellectual disabilities and as a rest home.

Located near downtown Sainte-Adèle, close to all services: primary and secondary schools, city hall, cinemas, grocery stores, medical center, ski center, hotels, parks, credit union and banks, restaurants, etc.

Panoramic view of the mountains

Sold without legal warranty, except for title deeds.

Complete Description
Complete Description

Property features

Style
Rural
Asking Price
$1,495,000
Details
With apartment
Year of construction
1983
Number of commercial units
10
Building dimensions
6 500 ft² (603.87 m²)
General condition
Very good
Certificate of Location
Yes
Number of parkings
15
Company
particulier
Franchise
No
Municipal evaluation's date
2019
Building's municipal evaluation
$663,500
Lot's municipal evaluation
$60,100
Annual incomes
$108,000
Taxes year
2019

Bathroom:

  • Bath and shower
  • Separate Shower

Foundation:

  • Cast concrete

Frame:

  • Wooden dunnage

External facing:

  • Aluminium Siding
  • Wood
  • Stone

Roof:

  • Elastomer membrane

Windows:

  • Wood
  • French Window

Heating source:

  • Hot water
  • Electric
  • Oil

Electric system:

  • 200 amps
  • Breakers panel

Features:

  • Handicapped Facilities
  • Laundry room
  • Purification Field
  • Kitchen
  • Fire Detector
  • External Lighting
  • Septic Tank
  • Furnace
  • Fireplace
  • Lights
  • Ground Door
  • Shed
  • Bathroom
  • Main floor laundry
  • Municipal Services
  • Blinds and/or Curtains
  • Alarm System

Near Tourist Services:

  • Hotel

Unloading dock:

  • Interior unloading dock

Basement:

  • Totally finished
  • Concrete
  • Separate entrance
  • Potential income

Upgrades:

  • Electricity
  • Insulation
  • 9ft ceilings
  • Floors
  • Plumbing
  • Doors
  • Bathrooms
  • Basement
  • Roof

Pool:

  • Heated
  • Inground

Parking / Driveway:

  • Outside
  • Crushed Gravel

Zoning:

  • Services

Soil:

  • Turf

Location:

  • Highway access
  • Near park
  • No backyard neighbors
  • Residential area
  • Public transportation
  • Panoramic view
  • Near schools
  • Close to all services

Lot description:

  • Panoramic view
  • Mountain geography
  • Mature trees
  • Patio/deck
  • Landscaped

Near Commerce:

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

Near Health Services:

  • Dentist
  • Medical center
  • Health / spa Center

Near Educational Services:

  • Elementary school
  • High School

Near Recreational Services:

  • Golf resort
  • Gym
  • Sportif center
  • Library
  • Ski resort
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bachelor
Storey: Main floor
Dimensions: 11' x 14' (3,35 m x 4,27 m)
Flooring: Laminate
Bachelor
Storey: Main floor
Dimensions: 11' x 15' (3,35 m x 4,57 m)
Flooring: Laminate
Bachelor
Storey: Main floor
Dimensions: 11' x 15' (3,35 m x 4,57 m)
Flooring: Laminate
Bachelor
Storey: Main floor
Dimensions: 12' x 17' (3,66 m x 5,18 m)
Flooring: Laminate
Bachelor
Storey: Main floor
Dimensions: 12' x 21' (3,66 m x 6,4 m)
Flooring: Laminate
Bachelor
Storey: Main floor
Dimensions: 12' x 22' (3,66 m x 6,71 m)
Flooring: Laminate
Bachelor
Storey: Main floor
Dimensions: 12' x 24' (3,66 m x 7,32 m)
Flooring: Laminate
Bachelor
Storey: Main floor
Dimensions: 13' 6" x 12' (4,11 m x 3,66 m)
Flooring: Laminate
Bachelor
Storey: Main floor
Dimensions: 17' x 18' (5,18 m x 5,49 m)
Flooring: Laminate
Bachelor
Storey: Main floor
Dimensions: 18' 10" x 24' (5,74 m x 7,32 m)
Flooring: Laminate
Bachelor
Storey: Main floor
Dimensions: 9' x 33' (2,74 m x 10,06 m)
Flooring: Laminate
Bathroom
Storey: Main floor
Dimensions: 5' x 8' (1,52 m x 2,44 m)
Flooring: Ceramic
Dining room
Storey: Main floor
Dimensions: 13' x 16' (3,96 m x 4,88 m)
Flooring: Laminate
Kitchen
Storey: Main floor
Dimensions: 14' x 16' (4,27 m x 4,88 m)
Flooring: Ceramic
Living room
Storey: Main floor
Dimensions: 16' x 25' (4,88 m x 7,62 m)
Flooring: Laminate
Recreation room
Storey: Main floor
Dimensions: 12' x 15' (3,66 m x 4,57 m)
Flooring: Ceramic
Suite
Storey: Basement
Dimensions: 26' x 45' (7,92 m x 13,72 m)
Flooring: Ceramic

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Municipal taxes
$625.84
$7,510.04
School taxes
$29.38
$352.62
Non-residential surface
$440.33
$5,284.00
Electricity
$748.93
$8,987.11
Rent
$9,000.00
$108,000.00
Water taxes
$40.83
$490.00
Maintenance fees
$208.33
$2,500.00
Insurance
$183.33
$2,200.00

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.

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