3 bedrooms
1 bathroom
Lot dimensions 7.62x25.9 m (25.00x84.97 ft)

Owners’ comments

Automated translation

Offer to purchase accepted. Conditions in progress.

Annual revenues of $61,320.

Quintuplex very well maintained over the years by the owner occupying, building turnkey!

The building consists of 4 X 3 1/2 (with double room) and a 7 1/2 (with 3 bedrooms, including a double room).

Excellent tenants! Friendly, responsible and no late payment.

Building regulations are in place. The building is non-smoking and pets are not allowed.

Quiet area next to a park. Nearby: Metro stations, buses, BIXI, Maisonneuve Market, Olympic Stadium, pharmacies, grocery stores, etc.

Electricity and hot water costs are at the expense of the tenants.

All units are rented with appliances: fridge, stove, washer, dryer, microwave. (+ dishwasher on the ground floor).

All units are rented until June 30, 2020 at a monthly cost of $1,500, $895, $905, $905, $905 (The owner occupies one of the 3 1/2. Possibility of getting free before. To discuss).

Includes: 5 refrigerators, 5 stoves, 5 washers, 5 dryers, 5 microwaves, 1 dishwasher, 5 hot water tanks. (sold without legal warranty).

Exclusions: All personal effects of tenants.

MAJOR WORK:

2019

Treated wood front staircase steps.

2012

All doors and windows

Roofing

All bathrooms All

kitchens

Electricity completely redone on the ground floor, mostly on the 2nd and 3rd except for lighting and sockets in the bedrooms. New electric panel and Hydro meter in each housing.

Hot water tank in all dwellings.

Plumbing redone in PEX, main drain in cast iron, water inlet to the city in copper.

Soundproofed floor on 2nd and 3rd (10 inches of blown wool) + new floating floor (Original hardwood floor has been kept on the ground floor).

Soundproofed walls between the apartments at the 2nd and 3rd with Roxul wool.

1. Instructions for visits: The tour of all accommodation will take placeafter an accepted offer to purchase.

2. No offer to purchase conditional on the sale of your property will be accepted.

3. Bids far below the displayed value will be systematically rejected: speculators abstain.

Complete Description
Complete Description

Property features

Asking Price
$1,000,000
Details
No agents
Year of construction
1924
Building dimensions
7.62x15.14 m (25.00x49.67 ft)
General condition
Excellent
Occupation rate
100
Certificate of Location
Yes
Municipal evaluation's date
2019
Lot's municipal evaluation
$124,400
Building's municipal evaluation
$635,600
Taxes year
2019
1 Bedroom
4
4 Bedroom and more
1
Bedrooms (total)
3

External facing:

  • Brick

Roof:

  • Gravel and asphalt

Floor coverings:

  • Laminate
  • Hardwood
  • Linoleum
  • Engineered Wood

Heating source:

  • Electric

Features:

  • Shed
  • Ceiling fixtures

Kitchen:

  • Dishwasher
  • Stove
  • Fridge

Bathroom:

  • Bath and shower
  • Two sinks
  • Ceramic Shower
  • Separate Shower

Basement:

  • None

Upgrades:

  • Cabinets
  • Heating
  • Kitchen
  • Electrical
  • Windows
  • Insulation
  • Floors
  • Plumbing
  • Doors
  • French doors
  • Bathrooms
  • Roof
  • Painting
  • Foundation
  • Shed

Location:

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

Near Commerce:

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

Near Health Services:

  • Hospital
  • Medical center

Near Educational Services:

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

Near Recreational Service:

  • Gym
  • Sportif center
  • Museum
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bathroom
Storey: Main floor
Dimensions: 9' 8" x 12' 10" (2,95 m x 3,91 m)
Flooring: Hardwood
Bedroom 1 (Master)
Storey: Main floor
Dimensions: 9' 8" x 20' 6" (2,95 m x 6,25 m)
Flooring: Hardwood
Bedroom 2
Storey: Main floor
Dimensions: 9' 7" x 14' 2" (2,92 m x 4,32 m)
Flooring: Hardwood
Bedroom 3
Storey: Main floor
Dimensions: 12' 9" x 8' 5" (3,89 m x 2,57 m)
Flooring: Hardwood
Dining Room / Kitchen
Storey: Main floor
Dimensions: 10' 4" x 20' 3" (3,15 m x 6,17 m)
Flooring: Other
Living room
Storey: Main floor
Dimensions: 13' 8" x 13' 5" (4,17 m x 4,09 m)
Flooring: Hardwood
Bathroom
Storey: 3rd floor
Dimensions: 3' 3" x 7' 5" (0,99 m x 2,26 m)
Flooring: Ceramic
Bedroom 1 (Master)
Storey: 3rd floor
Dimensions: 10' 4" x 10' 1" (3,15 m x 3,07 m)
Flooring: Laminate
Dining Room / Kitchen
Storey: 3rd floor
Dimensions: 11' 9" x 22' (3,58 m x 6,71 m)
Flooring: Other
Living room
Storey: 3rd floor
Dimensions: 8' 3" x 13' 2" (2,51 m x 4,01 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Mortgage
School taxes
$92.08
$1,105.00
Municipal taxes
$559.42
$6,713.00
Insurance
$191.00
$2,292.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$5,110.00
$61,320.00

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

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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

$1,000,000

Quintuplex for sale

No. 865455

No agents
Contact the owner
Contact the owner