6 large 5 ½ apartments, renovated, in excellent condition and well maintained over the years. Washer / dryer installation, 2 parking spaces and a shed per tenant. Energy costs are the responsibility of each tenant. Excellent tenants.

Owner since 2004. Sector in high demand for rentals. Possibility of increasing income. Turnkey condition. Possibility of accommodation for July 1st. Virtual visit.

** VISIT CONDITIONAL WITH AN ACCEPTED PROMISE TO PURCHASE **

Possibility of building condominiums with authorization from the city of Chambly

Few renovations:

Gutters 2011
Bathrooms (4 on 6) 2012 and one in 2016
Roof 2013
Patio doors 2013
Major renovations #4 2016
Kitchen exhaust fans 2017
Windows 2018
Counters, sinks and plumbing in kitchens
Many floors #2 in 2020

Complete Description

Property features

Asking Price

$1,040,000

Details

With income

Year of construction

1992

Building dimensions

2 460.74 ft² (228.61 m²)

General condition

Very good

Occupation rate

100

Certificate of Location

Yes

Number of parkings

Municipal evaluation's date

2019

Lot's municipal evaluation

$192,500

Building's municipal evaluation

$531,500

Taxes year

2020

3 Bedroom

Bedrooms (total)

External facing:

Aluminium Siding
Brick

Roof:

Asphalt shingle

Floor coverings:

Laminate
Ceramic

Windows:

Heating source:

Electric

Kitchen:

Melamine cabinets

Upgrades:

Windows
Garden doors
Bathrooms
Carpet
Roof
Gutters

Parking / Driveway:

Asphalt

Location:

Highway access
Near park
Residential area
Public transportation

Near Commerce:

Supermarket
Drugstore
Bank
Restaurant
Shopping Center

Near Health Services:

Dentist
Medical center
Health club / Spa

Near Educational Services:

Daycare
Kindergarten
Elementary school
High School

Near Recreational Service:

Gym
Sportif center
Library
Bicycle Path

Complete list of property features

Room dimensions

Suite

Storey: Main floor

Dimensions: 3' 4" x 3' 4" (1,01 m x 1,01 m)

Flooring: Laminate

Annual and Monthly costs

School taxes

$59.33

$711.94

Municipal taxes

$643.33

$7,720.00

Electricity

$52.92

$635.00

Insurance

$137.58

$1,651.00

More info on the costs involved in buying a property

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Annual and Monthly revenues

Annual income

$4,940.00

$59,280.00

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.

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.

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

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.

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.