Parking / Driveway:
- Asphalt
Lot description:
- Fenced
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.
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.
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?
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.
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!
See our All about buying section.
Owners’ comments
*** 48 360 $ potentiel annual revenue (Rent July 2020) ***
Ideal owner occupant or investor
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.
Good rental building. All leases have been renewed and the increases accepted.
*** Decent interior with several recent renovations to consider ***
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.