Owners’ comments

Automated translation

Well located in downtown Acton Vale, 11-plex for sale composed of 10 apartments (7 3 ½ and 3 4 ½) and a 1200 square foot commercial space. The living area is 6748 square feet

.

The current income is $88,088 not to mention that the commercial space is currently vacant which could generate an additional rent of $1200 per month.

The building is close to the following amenities: grocery store, pharmacy, pharmacy, primary school, primary school, post office, banks, shops, etc. Unlimited internet is provided in the price of the apartments which attracts customers and we have an easy time to rent. Each tenant has been carefully selected and all have passed a credit, judicial and TAL investigation.

The building is spread over two floors. There is also a basement which houses a laundry room as well as storage lockers for some tenants

.

The land is 61 feet by 263 feet deep for an area of 14,108 square feet. There is enough parking space for tenants.

The following renovations were carried out: roof 2020, water heater, brick exterior wall 2019, 2 (4 1/2) renovated, 2 bathrooms and an asphalt driveway.

Here are the main expenses of the building:

Municipal taxes 2025: $8,727

2024 school taxes: $786

Insurance: $7,725

Electricity: $4,040

Snow removal: $575

Internet and cable: $1,951

Visits can only be carried out if the buyer shows a bank pre-authorization.

Sale without legal warranty

Complete Description
Complete Description

Property features

10 bedrooms
10 bathrooms
1 half bath
Lot dimensions 14,108 ft² (1,310.68 m²)
Asking Price
$1,200,000
Style
4 seasons
Details
With income
Year of construction
1958
Building dimensions
48x70 ft (14.63x21.34 m)
Certificate of Location
Yes
Number of parkings
10
Lot's municipal evaluation
$49,900
Building's municipal evaluation
$508,400
1 Bedroom
7
2 Bedroom
3
Commerce(s)
1

External facing:

  • Concrete
  • Brick

Foundation:

  • Cast concrete

Frame:

  • Wooden dunnage

Roof:

  • Elastomer membrane

Floor coverings:

  • Concrete
  • Ceramic
  • Linoleum

Windows:

  • PVC

Heating source:

  • Electric

Electric system:

  • Fuses panel

Features:

  • Laundry room

Kitchen:

  • Melamine cabinets
  • Melamine wood imitation finish
  • Laminated cabinets
  • Fridge

Bathroom:

  • Bath and shower

Basement:

  • Partially finished
  • Separate entrance

Upgrades:

  • Cabinets
  • Kitchen
  • Floors
  • Bathrooms

Parking / Driveway:

  • Aggregate
  • Asphalt
  • Concrete
  • Outside

Lot description:

  • Flat geography
  • Mature trees
  • Hedged
  • Fenced

Near Commerce:

  • Bank
  • Drugstore
  • Restaurant
  • Supermarket

Near Educational Services:

  • Elementary school
  • Kindergarten

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$65.50
$786.00
Municipal taxes
$727.25
$8,727.00
Electricity
$336.67
$4,040.00
Insurance
$643.75
$7,725.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$7,340.67
$88,088.00

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.

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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$1,200,000

6 units or more for sale

1047-1055 rue Du Marché Acton Vale Montérégie (Rive-Sud Montréal)

No. 1116165

With income
Are you interested in this property?
Here’s how to contact the builder

Are you a real estate agent?

This person mentioned they are registered with 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.
Are you interested in this property?
Here’s how to contact the builder

Are you a real estate agent?

This person mentioned they are registered with 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.