3 bedrooms
1 bathroom
Lot dimensions 4,900 ft² (455.22 m²)

Owners’ comments

Automated translation

Detached duplex attached to the park - Investment opportunity in McMasterville

Located on Joffre Street, this detached duplex enjoys a sought-after location, directly adjacent to the Memorial Park, offering a backyard with no neighbors and a peaceful living environment. The property is within walking distance of the suburban train station, schools, services, and close to the waterfront.

The building includes two units:

  • A 5 ½
  • A 5 ½ (3rd) bedroom currently converted into a dining room. Easy conversion to return to the initial configuration of 3 closed rooms.)

Current revenues amount to $26,640 per year, with significant potential for optimization, with the projected rental value exceeding $33,000 annually after housing upgrades.

Several works are to be planned, including:

  • Roof replacement (end of useful life, detailed quote of $16,257 available)
  • Retrofit and general maintenance work
  • Interior and exterior improvements that increase rental value

The asking price takes into account the current condition of the building and the work required, thus offering an interesting opportunity for an investor wishing to reposition the asset and maximize its return in the medium term.

Out of respect for the tranquility of the tenants, interior visits will only be made following an accepted promise to purchase.

The building is sold without legal warranty of quality, at the risk and peril of the buyer.

Brokers and agents representing buyers are welcome.

Complete Description
Complete Description

Property features

Asking Price
$450,000
Details
With income
Year of construction
1970
Building dimensions
28x35.5 ft (8.53x10.82 m)
Occupation rate
100
Courtyard orientation
South-West
Number of parkings
4
Lot's municipal evaluation
$158,400
Building's municipal evaluation
$269,000
Annual income
$26,640.00
3 Bedroom
2

External facing:

  • Vinyl Siding

Foundation:

  • Cast concrete

Roof:

  • Gravel and asphalt

Heating source:

  • Electric

Features:

  • Shed

Kitchen:

  • Melamine cabinets

Bathroom:

  • Bath and shower

Basement:

  • Low (6 feet or under)
  • Separate entrance
  • Unfinished
  • Potential income

Parking / Driveway:

  • Asphalt

Location:

  • Near park
  • No backyard neighbors
  • Residential area
  • Public transportation

Lot description:

  • Hedged
  • Fenced

Near Commerce:

  • Bank
  • Shopping Center
  • Drugstore
  • Restaurant
  • Supermarket

Near Educational Services:

  • Elementary school
  • High School
  • Daycare
  • Kindergarten

Near Recreational Service:

  • Library
  • Gym
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Living room
Storey: Main floor
Dimensions: 14' x 13' 9" (4,27 m x 4,19 m)
Flooring: Laminate
Kitchen
Storey: Main floor
Dimensions: 19' x 9' 3" (5,79 m x 2,82 m)
Flooring: Vinyl
Bedroom 1 (Primary)
Storey: Main floor
Dimensions: 11' 4" x 10' 6" (3,45 m x 3,2 m)
Flooring: Laminate
Bedroom 2
Storey: Main floor
Dimensions: 11' 4" x 10' 6" (3,45 m x 3,2 m)
Flooring: Laminate
Bedroom 3
Storey: Main floor
Dimensions: 10' 5" x 8' 11" (3,18 m x 2,72 m)
Flooring: Laminate
Bathroom
Storey: Main floor
Dimensions: 6' 1" x 6' 6" (1,85 m x 1,98 m)
Flooring: Ceramic
Apartment living room
Storey: 1st floor
Dimensions: 13' 8" x 13' 11" (4,17 m x 4,24 m)
Flooring: Laminate
Apartment kitchen
Storey: 1st floor
Dimensions: 19' x 9' 3" (5,79 m x 2,82 m)
Flooring: Vinyl
Apartment bedroom
Storey: 1st floor
Dimensions: 11' 4" x 10' 6" (3,45 m x 3,2 m)
Flooring: Laminate
Apartment bedroom
Storey: 1st floor
Dimensions: 11' 4" x 10' 6" (3,45 m x 3,2 m)
Flooring: Laminate
Apartment dining room
Storey: 1st floor
Dimensions: 13' 9" x 8' 11" (4,19 m x 2,72 m)
Flooring: Laminate
Bathroom
Storey: 1st floor
Dimensions: 6' 1" x 6' 9" (1,85 m x 2,06 m)
Flooring: Ceramic

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$21.21
$254.56
Municipal taxes
$320.91
$3,850.88
Insurance
$97.66
$1,171.92
Lease fees
$20.25
$243.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$2,220.00
$26,640.00

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.

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.

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.

Download the legal documents that you need

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$450,000

Duplex for sale

124-126, rue Joffre McMasterville Montérégie (Rive-Sud Montréal)

No. 1120675

With income
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Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.
Are you interested in this property?
Here’s how to contact the owner
Send a message

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.