Not to be missed on the market, a recent income property (1980) offering enormous potential to the future buyer. Several renovations are done providing a refreshed and pleasant interior. 5 friendly homes, spacious lot, well located ... a solid investment!

Make your agent grow with this 5 plex located in a well-liked neighborhood of Longueuil.

1x 5 1/2
1x 4 1/2
2x 3 1/2
1x 2 1/2

Good rental building. All leases have been renewed and the increases accepted.

*** Decent interior with several recent renovations to consider ***

1200 Apartment (Completely repainted, living room floor changed and all windows changed)
1202 Apartment fully renewed (new floor, fully repainted, new kitchen, new bathroom and washer/Dryer entry)
Apartment 1204 (Fully repainted and kitchen has been refreshed)
Apartment 1206-1 (Entirely repainted and room floor changed and all windows changed)
Apartment 1206-2 (Partly repainted)
Almost all windows are changed (2016 and 2018)
New LG Dryer and Washer high quality, warranty and brand NEW
New Balcony in Front
New Balcony in Rear
New Stars in Front and new rails
Front door in 2016
Roofing in 2016
Pas de pyrite (IPPG: 2)

Minutes away from metro, several parks, schools (Marie Gibeau, Little Explorers, ...), daycare, arena, convenience stores ...

Ideal for an investor or for owner occupancy

The property is sold without legal warranty because the owners have not lived in the building.

Complete Description

Property features

Asking Price

$789,000

Details

With income

Year of construction

1980

Building dimensions

1 050 ft² (97.55 m²)

General condition

Standard

Occupation rate

100

Certificate of Location

Yes

Courtyard orientation

South

Number of parkings

Municipal evaluation's date

2019

Lot's municipal evaluation

$147,500

Building's municipal evaluation

$310,600

Taxes year

2019

Bachelor

1 Bedroom

2 Bedroom

3 Bedroom

Bedrooms (total)

Parking / Driveway:

Asphalt

Lot description:

Fenced

Complete list of property features

Room dimensions

Open concept

Storey: Main floor

Dimensions: 10' x 10' (3,05 m x 3,05 m)

Flooring: Bamboo

Annual and Monthly costs

School taxes

$56.50

$678.00

Municipal taxes

$345.58

$4,147.00

Electricity

$175.00

$2,100.00

Maintenance fees

$42.50

$510.00

Insurance

$158.33

$1,900.00

More info on the costs involved in buying a property

Get a home insurance quote

Get a car insurance quote

Annual and Monthly revenues

Annual income

$3,745.00

$44,940.00

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.

Free info session

Free consultation

1 866 387-7677