2 bedrooms
1 bathroom
Lot dimensions 30.46x22.89 m (99.93x75.10 ft)

Owners’ comments

5 plex in Ile-Perrot, four 4½ and one 5½, with 5 storage spaces in the basement. 5 minutes from the train on foot. All brick construction and electric baseboard heating paid by the tenants. Well maintained property. Many renovations over the years: New roof, new rear balconies in rustproof aluminum, new sump pump and water heaters have been changed. 100% leased and a great potential for optimization. It's location will convince you.

A great opportunity!

  • New roof, elastomer membrane (May 2019)
  • Rear balcony in aluminium under warranty (2015)
  • Four hot water tanks under lease (2017) and one owned
  • New bathroom in apartment 2 (2017)
  • New floating floor in apartment 5 (2017)
  • New back doors for apartments 2 and 4
  • New sump pump (2018) with emergency battery powered backup pump (2017)
  • New indoor storage area heater
  • Kitchen heaters recently changed in apartments 2, 3, and 5
  • Recently re-sanded floors in bedroom and living room of apartment 3
  • Hatch for roof access
  • Washer and dryer connections in every apartment
  • 8 parking spaces
  • Bathroom fans in all apartments
  • 5 storage spaces of approximately 4' x 6' in basement
  • Electric baseboard heating in all apartments
  • Large windows that let in a lot of natural light
  • Hardwood flooring in all the 4 ½
  • Fenced back yard


Please note that the room dimensions are approximate.

A visit will be possible after sending by e-mail a banking approbation at martinegiroux@yahoo.ca

Complete Description
Complete Description

Property features

Asking Price
$588,000
Style
Detached
Details
No agents
Year of construction
1964
Building dimensions
15.24x10.08 m (50.00x33.07 ft)
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
East
Number of parkings
8
Taxes year
2019
2 Bedroom
4
3 Bedroom
1
Bedrooms (total)
11

External facing:

  • Brick

Foundation:

  • Cast concrete

Roof:

  • Gravel and asphalt

Floor coverings:

  • Laminate
  • Hardwood
  • Parquet
  • Carpet

Windows:

  • Aluminium
  • Wood

Heating source:

  • Electric

Electric system:

  • 60 amps
  • Breakers panel

Features:

  • Fireplace

Kitchen:

  • Wooden cabinets

Bathroom:

  • Bath and shower

Upgrades:

  • Floors
  • Doors
  • Bathrooms
  • Underpad
  • Roof
  • Painting
  • Terrace

Parking / Driveway:

  • Asphalt
  • Outside

Location:

  • Highway access
  • Public transportation

Lot description:

  • Flat geography

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center

Near Health Services:

  • Dentist
  • Medical center

Near Educational Services:

  • Daycare
  • Elementary school

Near Recreational Service:

  • Library
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment kitchen
Storey: Main floor
Dimensions: 10' 6" x 12' 6" (3,2 m x 3,81 m)
Flooring: Vinyl
Apartment living room
Storey: Main floor
Dimensions: 12' x 11' 6" (3,66 m x 3,51 m)
Flooring: Hardwood
Bedroom 1 (Master)
Storey: Main floor
Dimensions: 12' x 10' 6" (3,66 m x 3,2 m)
Flooring: Hardwood
Bedroom 2
Storey: Main floor
Dimensions: 12' x 10' 6" (3,66 m x 3,2 m)
Flooring: Hardwood
Apartment kitchen
Storey: Lower
Dimensions: 10' 6" x 12' 6" (3,2 m x 3,81 m)
Flooring: Laminate
Apartment living room
Storey: Lower
Dimensions: 15' x 21' (4,57 m x 6,4 m)
Flooring: Laminate
Bedroom 1 (Master)
Storey: Lower
Dimensions: 12' x 10' 6" (3,66 m x 3,2 m)
Flooring: Laminate
Bedroom 2
Storey: Lower
Dimensions: 12' x 10' 6" (3,66 m x 3,2 m)
Flooring: Laminate
Bedroom 3
Storey: Lower
Dimensions: 12' x 9' 6" (3,66 m x 2,9 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$51.97
$623.59
Municipal taxes
$569.00
$6,828.00
Electricity
$44.80
$537.57
Maintenance fees
$74.58
$895.00
Insurance
$183.94
$2,207.25

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$3,395.00
$40,740.00

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.

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

$588,000

Quintuplex for sale

1-2-3-4-5 342, 2e Avenue

L'Ile-Perrot Montérégie Ouest

No. 804353

No agents
Contact the owner
Contact the owner