Lot dimensions 23.07 ft² (2.14 m²)

Owners’ comments

This building is located in a good location near school, near bus stop, near highway, near water, a lot of potential to increase the income because the tenant have been there for a very long time without rent increase.

There is one 5 1/2 apartment and the other apartment is a 4 1/2 and on the main floor there is a restaurant with a lot of equipment included with the building, but for the moment it is rented as storage space. The other office has been rented to the same person for over 20 years.

Complete Description
Complete Description

Property features

Asking Price
$469,000
Details
By appointment
Number of commercial units
2
Year of construction
1965
General condition
Standard
Certificate of Location
Yes
Number of parkings
4
Franchise
Yes
Annual incomes
$30,240

Lease:

  • With Lease

Basement:

  • Unfinished

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment kitchen
Storey: Main floor
Dimensions: 255' x 255' (77,72 m x 77,72 m)
Flooring: Ceramic
Office
Storey: Main floor
Dimensions: 255' x 255' (77,72 m x 77,72 m)
Flooring: Laminate
Apartment 1
Storey: 1st floor
Dimensions: 255' x 255' (77,72 m x 77,72 m)
Flooring: Hardwood
Apartment 2
Storey: 1st floor
Dimensions: 255' x 255' (77,72 m x 77,72 m)
Flooring: Hardwood

How to buy this property

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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.

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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

$469,000

Commercial / Apartment for sale

No. 821632

By appointment
Contact the owner
Contact the owner