5496 rue Chapleau Rosemont / La Petite Patrie Montréal / l'Île
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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.
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.
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?
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.
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!
See our All about buying section.
Owners’ comments
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Original comments
OPPORTUNITY. Industrial and commercial building including 3 large rooms (free height of more than 20 feet) as well as 3 other large rooms. There is an 18-space parking lot in front of the building on Chapleau Street (part of the lot). 3 tenants occupy the building including the seller (80%). This building wisely located in the heart of the Rosemont district offers great possibilities with its 4 garage doors (loading) giving access to Louis-Hébert Street. Remarkable development potential. Sold as is without legal guarantees. GST and TVQ
in additionOPPORTUNITÉ. Bâtisse industrielle et commerciale incluant 3 vastes salles (hauteur libre de plus de 20 pieds) ainsi que 3 autres salles de grandes dimensions. Il y a un stationnement de 18 places face à l'édifice sur la rue Chapleau (faisant partie du lot). 3 locataires occupent l'édifice dont le vendeur (80%). Cette bâtisse judicieusement située au coeur du quartier Rosemont offre de grandes possibilités avec ses 4 portes de garage (chargement) donnant accès sur la rue Louis-Hébert. Potentiel de développement remarquable. Vendu tel quel sans garanties légales. TPS et TVQ en sus