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10 bedrooms
6 bathrooms
Lot dimensions 7 800 ft² (724.64 m²)

Owners’ comments

Income building located a few steps from Charles-Lemoyne hospital, restaurants, grocery stores, schools and in a sector in full revitalization.

8 apartments, commercial space and garage fully rented.

Most of the apartments/commercial space recently renovated.

Electricity and hot water are the responsibility of the tenants.

All apartments have washer and dryer facilities.

Potential gross income: $73,990

Annual expenses: $15,272.27

Viewing conditional upon acceptance of a promise to purchase and presentation of proof of funds.

Great potential to optimize income.

 

 

Complete Description
Complete Description

Property features

Asking Price
$1,350,000
Certificate of Location
Yes

Room dimensions

Storey
Room
Dimensions
Flooring
Open concept
Storey: Main floor
Dimensions: 12' x 12' (3,66 m x 3,66 m)
Flooring: Other

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.

$1,350,000

6 units or more for sale

No. 990550

Contact the owner
Contact the owner
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