3 bedrooms
1 bathroom
Lot dimensions 2 707.12 ft² (251.50 m²)

Owners’ comments

Beautiful duplex with bachelor located in the quiet area of Vimont.  Each Apartment is equipped with an individual address, entrance and electric meater.  It is located close to public transport, metro and train.  In addition, there are primary, secondary and CEGEP schools in the area.  Pharmacy, restaurants and groceries are also nearby.  Several renovations have been made over the years:

  • Oil-fired & heat pump system installed around      2010        cost           $ 8,000
  • Balcony, steps, concrete sidewalk from                2010        cost apx.    $ 10,000
  • The majority of underground plumbing                2014        cost apx.    $ 25,000
  • Basement apartement                                        2014        cost apx.    $ 25,000
  • Roofing                                                             2017        cost apx.    $ 25,000

Ground floor:  Spacious 5 1|2 with integrated garage and access to the backyard ( presently rented )

2 nd floor:  Spacious 5 1|2  ( presently rented )

Basement: Spacious 4 1|2 with large room under the concrete balcony in the yard  ( presently rented )

 

All the apartments rental contracts are renewed for the next year.  Revenues will be $ 30,360 annually.  Future revenue potential of $ 33,240 annually.

Estate sale, without legal warranty of quality at the risk and peril of the buyer.  Visits will be made following an accepted affer to purchase.

Complete Description
Complete Description

Property features

Asking Price
$475,000
Style
Link
Details
Starting at
Year of construction
1965
Building dimensions
28.51x40.16 ft (8.69x12.24 m)
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
North-West
Number of parkings
2
Municipal evaluation's date
2017
Lot's municipal evaluation
$95,000
Building's municipal evaluation
$344,000
Taxes year
2019
2 Bedroom
1
3 Bedroom
2
Bedrooms (total)
3

External facing:

  • Brick

Foundation:

  • Cast concrete

Roof:

  • Elastomer membrane

Floor coverings:

  • Hardwood
  • Ceramic
  • Linoleum

Windows:

  • Aluminium

Heating source:

  • Forced air
  • Electric
  • Oil
  • Thermo-pump

Electric system:

  • 100 amps
  • 200 amps
  • Breakers panel

Features:

  • Central vacuum
  • Shed
  • Central air
  • Furnace

Kitchen:

  • Raised panel oak

Basement:

  • Separate entrance
  • Potential income

Upgrades:

  • Addition
  • Heating
  • Plumbing
  • Basement
  • Roof

Garage:

  • Integrated

Parking / Driveway:

  • Asphalt

Location:

  • Highway access
  • Near park
  • Public transportation

Near Commerce:

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

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

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

Near Recreational Service:

  • Golf course
  • Gym
  • Library
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bathroom
Storey: Main floor
Dimensions: 9' 8" x 4' 10" (2,95 m x 1,47 m)
Flooring: Ceramic
Bedroom 1 (Master)
Storey: Main floor
Dimensions: 9' 10" x 15' 4" (3 m x 4,67 m)
Flooring: Hardwood
Bedroom 2
Storey: Main floor
Dimensions: 9' 10" x 12' (3 m x 3,66 m)
Flooring: Hardwood
Bedroom 3
Storey: Main floor
Dimensions: 10' 7" x 7' 8" (3,23 m x 2,34 m)
Flooring: Hardwood
Dining room
Storey: Main floor
Dimensions: 10' 5" x 10' (3,18 m x 3,05 m)
Flooring: Vinyl
Entrance
Storey: Main floor
Dimensions: 3' 2" x 5' 3" (0,97 m x 1,6 m)
Flooring: Ceramic
Garage
Storey: Main floor
Dimensions: 9' 9" x 22' 11" (2,97 m x 6,99 m)
Flooring: Concrete
Hall
Storey: Main floor
Dimensions: 6' 5" x 15' (1,96 m x 4,57 m)
Flooring: Hardwood
Kitchen
Storey: Main floor
Dimensions: 10' 5" x 11' (3,18 m x 3,35 m)
Flooring: Vinyl
Living room
Storey: Main floor
Dimensions: 10' 5" x 17' (3,18 m x 5,18 m)
Flooring: Hardwood

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Mortgage
School taxes
$75.73
$908.79
Municipal taxes
$334.08
$4,008.98

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$2,530.00
$30,360.00

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.

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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

$475,000

Duplex for sale

71 rue de Gentilly

Vimont Laval

No. 845028

Starting at
Contact the owner
Contact the owner