7 bedrooms
2 bathrooms
Lot dimensions 223 m² (2 400.35 ft²)

Owners’ comments

Automated translation

Safe and profitable investment.

9.85 times net income or

8.10 times gross income

Building located on a quiet street and in demand providing easy tenancy and stable and serious tenants.

Several major renovations have been carried out (insulation, soundproofing, plumbing, electricity and others).

Do your calculations and call me for a visit.

Stephane Lamothe 819-384-6378.

Complete Description
Complete Description

Property features

Asking Price
$124,000
Details
With income
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Municipal evaluation's date
2016
Lot's municipal evaluation
$14,500
Building's municipal evaluation
$115,500
Taxes year
2016
3 Bedroom
1
4 Bedroom and more
1
Bedrooms (total)
7

External facing:

  • Vinyl Siding

Frame:

  • Concrete
  • Wooden dunnage

Floor coverings:

  • Laminate
  • Hardwood
  • Ceramic

Heating source:

  • Electric

Electric system:

  • 200 amps
  • Breakers panel

Bathroom:

  • Bath and shower

Basement:

  • None

Upgrades:

  • Cabinets
  • Kitchen
  • Electrical
  • Insulation
  • External facing
  • 9ft ceilings
  • Floors
  • Plumbing
  • Bathrooms
  • Painting

Parking / Driveway:

  • Aggregate
  • Outside

Location:

  • Highway access
  • Near park
  • Public transportation

Lot description:

  • Flat geography
  • Patio/deck

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Open concept
Storey: Main floor
Dimensions: 30' x 40' (9,14 m x 12,19 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Mortgage
School taxes
$31.92
$383.00
Municipal taxes
$194.08
$2,329.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$1,275.00
$15,300.00

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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Buy on DuProprio.com
Did you know?

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.

FBD300AC-7746-4E68-A20C-3F23471BB772
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

Moving ?
Your new home deserves
Cogeco.

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Get connected to Cogeco’s powerful fibre optic network and enjoy the best Internet, TV, and Home Phone experiences paired with an award winning customer service.4

$124,000

Duplex for sale

No. 729382

With income
Contact the owner
Contact the owner