$600,000

Duplex for sale

238-240 rue de la Futaie Varennes Montérégie (Rive-Sud Montréal)

No. 1111909

No agents
Apply for your Desjardins mortgage financing
Are you interested in this property?
Here’s how to contact the owner
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The steps involved in buying a property Buy
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Are you interested in this property?
Here’s how to contact the owner
3 bedrooms
1 bathroom
1 half bath
Lot dimensions 2,903.03 ft² (269.7 m²)

Owners’ comments

Automated translation

Located in a peaceful and sought after area of Varennes, this magnificent duplex offers an exceptional opportunity for investors or owner-occupants. The main unit, a spacious 5½ on two floors, is full of natural light and overlooks a green space with no rear neighbours. The secondary home, a 3½ in the basement, is ideal for generating a stable rental income

.

Main characteristics:

5½ on two floors + 3½ in the basement
Leases signed until June 30, 2026 Current
income: $27,600/year ($1525 and $775 monthly)
Three (3) outdoor parking lots Well-maintained common
ground Condominium of three buildings for a total of 12 duplexes
Condominium of three buildings for a total of 12 duplexes Family
neighborhood, close to schools, parks and services Quick
access to Highway 132 and Highway 30.
Condo fees included: grass, snow removal, insurance, etc. Contingency
fund and insurance

fund


Turnkey investment: Both units are easy to rent and offer good profitability. Whether you are looking to live in part of the duplex while generating income, or to maximize your real estate portfolio, this property ticks all

the boxes.

Contact us now for a visit and let yourself be seduced by the potential of this rare duplex on the market.

Complete Description
Complete Description

Property features

Asking Price
$600,000
Style
Link
Details
No agents
Year of construction
1992
Building dimensions
20.01x67.26 ft (6.1x20.5 m)
Occupation rate
100
Certificate of Location
Yes
Number of parkings
3
Building's municipal evaluation
$472,100
1 Bedroom
1
3 Bedroom
1

External facing:

  • Aluminium Siding
  • Brick

Foundation:

  • Cast concrete

Roof:

  • Asphalt shingle

Heating source:

  • Electric

Features:

  • Central vacuum
  • Central air

Kitchen:

  • Melamine cabinets
  • Thermoplastic cabinets
  • Dishwasher
  • Stove
  • Fridge

Bathroom:

  • Bath and shower

Basement:

  • Totally finished
  • Separate entrance
  • Potential income

Upgrades:

  • Addition
  • Cabinets
  • Heating
  • Kitchen
  • Electrical
  • Insulation
  • Floors
  • Plumbing
  • Bathrooms
  • Painting
  • Half bath

Parking / Driveway:

  • Asphalt
  • Outside

Location:

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

Lot description:

  • Flat geography
  • Hedged
  • Corner lot
  • Landscaped

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School

Near Recreational Service:

  • Gym
  • Sportif center
  • Library
  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$24.24
$290.94
Municipal taxes
$200.86
$2,410.27
Maintenance fees
$353.69
$4,244.27
Insurance
$32.52
$390.22
Lease fees
$30.67
$368.00
Total known costs
More info on the costs involved in buying a property

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$2,300.00
$27,600.00

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

Go to your DuProprio account and access free copies of the legal documents you need for a successful real estate transaction.

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$600,000

Duplex for sale

238-240 rue de la Futaie Varennes Montérégie (Rive-Sud Montréal)

No. 1111909

No agents
Apply for your Desjardins mortgage financing
Are you interested in this property?
Here’s how to contact the owner
See it on the map
The steps involved in buying a property Buy
Print
Are you interested in this property?
Here’s how to contact the owner
Do you want to sell commission-free, too?
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1 866 387-7677
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