8 bedrooms
5 bathrooms
Lot dimensions 5 000 ft² (464.52 m²)

Owners’ comments

*** 39360 $ annual revenue (Rent July 2019) ***

Ideal owner occupant.

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 ***

  • 1200 Apartment (Completely repainted, living room floor changed and all windows changed)
  • Apartment 1204 (Partly repainted, the kitchen floor was redone)
  • 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)
  • Front door in 2016
  • Roofing in 2016
  • Pas de pyrite (IPPG: 2)

*** Rents that can be adjusted ***

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

Ideal for an investor.

Complete Description
Complete Description

Property features

Asking Price
$579,900
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
5
Municipal evaluation's date
2019
Lot's municipal evaluation
$147,500
Building's municipal evaluation
$310,600
Taxes year
2019
Bachelor
1
1 Bedroom
2
2 Bedroom
1
3 Bedroom
1
Bedrooms (total)
8

Parking / Driveway:

  • Asphalt

Lot description:

  • Fenced

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Open concept
Storey: Main floor
Dimensions: 10' x 10' (3,05 m x 3,05 m)
Flooring: Bamboo

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
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

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$3,280.00
$39,360.00

Property transfer duties

In Quebec, the property transfer duties is a tax that all municipalities must collect from the new owner (buyer) of a property.

$

How to buy this property

Found your dream home? Here’s a summary of steps to follow to become a homeowner. For detailed information, click here:

Buy on DuProprio.com
Did you know?

Whether you purchase a property from a homeowner or from a broker, the steps involved and the legal implications are the same. You’ll see that buying without an intermediary has many advantages!

Can I afford to buy this property?

Prior to visiting a property, you should verify whether you have the means to purchase it by meeting with a financial advisor. Don’t forget, you must have enough money to cover both a down payment and the expenses related to the transaction (notary, property transfer duties, etc.).

Is this property right for me?

Consult the listing to determine whether the property features meet your needs. If necessary, communicate with the homeowner to obtain additional information. You may then make an appointment with the homeowner for a visit and prepare a list of questions to ask him.

Do I need to conduct a property inspection?

Verifying the condition of the property prior to purchasing it is a good precaution to take. In order to do so, you can hire a home inspector. He will intervene at a later date. Be prepared to add the inspection conditions to the offer to purchase.

How much should I offer?

Easily familiarize yourself with the market by visiting DuProprio.com and by verifying the price that comparable properties in the area have sold for. You’ll get a better idea of how much you should offer. You can also hire a licensed appraiser.

FBD300AC-7746-4E68-A20C-3F23471BB772
How do I proceed with an offer to purchase?

Have a discussion with the homeowner in order to come to an agreement on the price, the conditions of the sale and the possession date. You can then complete the offer to purchase form.

Thanks to DuProprio, the seller benefits from a legal assistance service and can ask their legal questions in order to properly complete the document.

The sale will be sealed with a notary, but until then, nothing prevents you from consulting a notary to write-up an offer to purchase. Once the deed of sale is drafted, you will be the new homeowner!

Documents - Offer to purchase and counteroffer

$579,900

Quintuplex for sale

No. 851059

With income
Contact the owner
Contact the owner