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15 bedrooms
14 bathrooms
Lot dimensions 124 251 ft² (11 543.3 m²)

Owners’ comments

Fourteen (14) doors rented monthly, offering an annual income of approximately $ 74,236 . Very sought after for its tranquility. Could be even more profitable in a short term rental context (motel or RBNB). Currently: 7 complete furnished rooms with private bathroom, all included; 7 semi-furnished suites, 2 X 2 ½ 4 X 3 ½ 1 X 4 ½; - coin operated washer / dryer. The list of inclusions will be provided. Quality water from a very productive artesian well and above all, without the smell of sulfur; Septic tank redone in 2015, according to the standards of the Ministry of the Environment. Heat pump for heating and air conditioning replaced in 2019. Fire alarm system connected to the post, installed in 2019. 2.85 acre lot (124,251 ft2). Renovations + $ 500,000, sheet metal roof, rev. exterior, lots of doors and windows, lighting, several balconies and exterior stairs, interior renovations. in the hall, addition of a suite. Invoices of $ 466,934, but much more. Annual income: When registering, all rented monthly for an annual income of $ 72,696 (with monthly rental agreement for each resident) + $ 1,300 lav / sech. (approx.) + supply of water to a neighbor $ 240 = $ 74,236. To be reconfirmed when taking possession.

# 1. $ 350 # 8. $ 448

# 2. $ 360 # 9. $ 625

# 3. $ 360 # 10. $ 475

# 4. $ 400 # 11. $ 470

# 5. $ 400 # 12. $ 510

# 6. $ 350 # 14. $ 525

# 7. $ 335 # 15. $ 450

Registered in the Registraire des entreprises under the name: Motel Beaver Pond, therefore not subject to the regulations of the Régie du logement, see article 1892 of the Civil Code of Quebec. Possibility for the buyer to occupy the 4 ½ or other when available and thus save on expenses. PS: The selling price was established using 2 factors: - The purchase cost $ 200,000 + renovations $ 500,000 + the capital gain Or - 10 x income.

The area of the land would allow a subdivision for another construction, conditionally at some requirement.

Not on the municipal assessment.

 

Complete Description
Complete Description

Property features

Asking Price
$740,000
Style
4 seasons
Details
No agents
Building dimensions
2 131.11 ft² (197.99 m²)
General condition
To renovate
Occupation rate
100
Certificate of Location
Yes
Number of parkings
9
Municipal evaluation's date
2021
Lot's municipal evaluation
$31,900
Building's municipal evaluation
$364,300
Taxes year
2021
Bachelor
7
Studio
2
1 Bedroom
4
2 Bedroom
1
Bedrooms (total)
15

External facing:

  • Canexel wood fibre siding

Frame:

  • Wooden dunnage

Roof:

  • Sheet with rods

Floor coverings:

  • Laminate
  • Linoleum
  • Parquet
  • Carpet

Windows:

  • Aluminium
  • PVC

Electric system:

  • 200 amps

Features:

  • Laundry room
  • Purification field
  • Central air
  • Septic tank
  • Furnace
  • Ceiling fixtures
  • Stove
  • Well
  • Window coverings
  • Alarm system

Kitchen:

  • Wooden cabinets
  • Melamine cabinets
  • Pine cabinets
  • Stove
  • Fridge

Bathroom:

  • Bath and shower

Upgrades:

  • Addition
  • Heating
  • Electrical
  • Windows
  • Insulation
  • External facing
  • Doors
  • Roof
  • Painting

Parking / Driveway:

  • Crushed Gravel

Location:

  • No backyard neighbors
  • Residential area

Lot description:

  • Panoramic view
  • Mountain geography
  • Mature trees

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center

Near Educational Services:

  • Daycare
  • Elementary school

Near Recreational Service:

  • Golf course
  • Gym
  • Museum
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment 1
Storey: Main floor
Dimensions: 10' x 20' (3,05 m x 6,1 m)
Flooring: Laminate
Apartment 3
Storey: Main floor
Dimensions: 13' x 35' (3,96 m x 10,67 m)
Flooring: Linoleum
Meter room
Storey: Main floor
Dimensions: 7' x 10' (2,13 m x 3,05 m)
Flooring: Concrete
Office front
Storey: Main floor
Dimensions: 7' x 20' (2,13 m x 6,1 m)
Flooring: Carpet
Suite
Storey: Main floor
Dimensions: 9' x 20' (2,74 m x 6,1 m)
Flooring: Laminate
Suite
Storey: Main floor
Dimensions: 9' x 35' (2,74 m x 10,67 m)
Flooring: Laminate
Bedroom 1 (Master)
Storey: 1st floor
Dimensions: 12' 10" x 9' 11" (3,91 m x 3,02 m)
Flooring: Linoleum
Bedroom 2
Storey: 1st floor
Dimensions: 14' 10" x 9' 11" (4,52 m x 3,02 m)
Flooring: Linoleum
Bedroom 3
Storey: 1st floor
Dimensions: 14' 10" x 9' 11" (4,52 m x 3,02 m)
Flooring: Linoleum
Bedroom 4
Storey: 1st floor
Dimensions: 14' 10" x 12' (4,52 m x 3,66 m)
Flooring: Linoleum
Bedroom 5
Storey: 1st floor
Dimensions: 14' 10" x 12' (4,52 m x 3,66 m)
Flooring: Linoleum
Bedroom 6
Storey: 1st floor
Dimensions: 11' 9" x 9' 10" (3,58 m x 3 m)
Flooring: Linoleum
Bedroom 7
Storey: 1st floor
Dimensions: 11' 9" x 9' 10" (3,58 m x 3 m)
Flooring: Linoleum
Other
Storey: 1st floor
Dimensions: 4' x 35' (1,22 m x 10,67 m)
Flooring: Carpet
Suite
Storey: 1st floor
Dimensions: 35' x 15' (10,67 m x 4,57 m)
Flooring: Linoleum
Apartment 2
Storey: 2nd floor
Dimensions: 36' x 26' (10,97 m x 7,92 m)
Flooring: Laminate
Suite
Storey: 2nd floor
Dimensions: 23' x 22' (7,01 m x 6,71 m)
Flooring: Linoleum

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.

$740,000

6 units or more for sale

No. 946518

No agents
Contact the owner
Contact the owner
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