5 bedrooms
2 bathrooms
Lot dimensions 2 500 ft² (232.26 m²)

Owners’ comments

***Sunny duplex for sale-Potential to increase revenues- Serious buyers only. ***

Fully renovated main floor with very large bathroom.  Both units include a separate laundry room in the basement.  Access to back-yard. Lower unit has 2 large bedrooms. Upper unit has 3 bedrooms. Both units are currently rented with annual revenues of $42,000.00.
 
Lower duplex 5 1/2 rented at 2150$/ month or 25,800$/ year
Upper duplex 6 1/2 rented at 1350$/ month or 16,200$/ year
Total monthly property income: 3500$/month
Total annually property income: 42 000$/year
Heating paid by tenants.
 
Close to all services, public transportation, schools and universities, this duplex is located in a quiet area of CDN / NDG. Within one-minute walking distance to park McDonald and bus stops that are within 5 minutes drive to 2 metro stations: SNOWDON and COTE ST-CATHERINE.  This well-maintained property is within 15 minutes drive from downtown.
 
Renovation: 
The lower duplex has been fully renovated and includes in the rent a large wardrobe in the master bedroom and 2 Goodman thermos pumps of 12000BTU and 18000BTU. Built-in microwave in the kitchen and dishwasher are also included in the lower duplex lease. All windows of lower duplex have been replaced. New oak wood floors and electricity 200 AMP, new electric wiring throughout the lower unit and new plumbing throughout the entire Duplex. New doors front and back for both units, new paved garage entrance and door. Exterior walls insulation and double ceiling insulation in the lower unit . 
 

Complete Description
Complete Description

Property features

Asking Price
$950,000
Year of construction
1976
Building dimensions
116 m² (1 248.61 ft²)
General condition
Excellent
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
North
Number of parkings
2
Municipal evaluation's date
2019
Lot's municipal evaluation
$173,800
Building's municipal evaluation
$404,600
2 Bedroom
2
3 Bedroom
3
Bedrooms (total)
5

External facing:

  • Brick

Foundation:

  • Cast concrete

Roof:

  • Gravel and asphalt

Floor coverings:

  • Hardwood

Windows:

  • Aluminium

Heating source:

  • Electric

Electric system:

  • 200 amps

Upgrades:

  • Heating
  • Kitchen
  • Electrical
  • Windows
  • Insulation
  • Plumbing
  • Doors
  • Bathrooms
  • Roof

Garage:

  • Double

Parking / Driveway:

  • Double drive

Location:

  • Highway access
  • Near park
  • Residential area
  • Public transportation

Near Commerce:

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

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School
  • College
  • University

Near Recreational Service:

  • Gym
  • Sportif center
  • Library

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$60.44
$725.29
Municipal taxes
$356.70
$4,280.42

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.

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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.

Need the form?

Documents to download

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.

$950,000

Duplex for sale

No. 882712

Contact the owner
Contact the owner