Lot dimensions 275.1 m² (2 961.15 ft²)

Owners’ comments

Automated translation

Beautiful building with 2 commercial units on the ground floor and 1 residential unit on the 2nd floor. All units are leased, resulting in potential revenue of $42,120 per year.

  • Possibility to increase rents.
  • 6 parking spaces EXCELLENT

BUSINESS OPPOR

The 2 commercial units are occupied by well-established restaurants in the area. Each has its own kitchen, dining room (about 20 seats each) and rear storage.

The residential unit is a very large 5 1/2, well lit. Entrance washer/dryer, large front balcony and small rear balcony with emergency staircase.

  • The rear doors (emergency) of the 2 shops were changed in February 2018
  • The water heater of the residential unit was changed in January 2018
  • The windows were changed in 2017.
  • The floors were renovated in 2017.
  • The roof was redone in 2013, with a 20-year warranty.

Researched and busy sector.

Complete Description
Complete Description

Property features

Asking Price
$619,000
Details
With income
Year of construction
1981
Number of commercial units
2
Building dimensions
288 m² (3 100.01 ft²)
General condition
Very good
Certificate of Location
Yes
Number of parkings
6
Franchise
Yes
Municipal evaluation's date
2015
Lot's municipal evaluation
$132,000
Building's municipal evaluation
$338,000
Annual incomes
$42,120
Taxes year
2017

Bathroom:

  • Bath and shower

Foundation:

  • Cast concrete

Frame:

  • Concrete

External facing:

  • Brick

Floor coverings:

  • Ceramic
  • Parquet

Roof:

  • Elastomer membrane

Windows:

  • Aluminium
  • French Window

Heating source:

  • Electric

Upgrades:

  • Windows
  • Floors
  • Roof

Parking / Driveway:

  • Asphalt

Location:

  • Close to all services

Near Commerce:

  • Supermarket
  • Financial institution
  • Restaurant
  • Shopping Center

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Mortgage
Municipal taxes
$614.90
$7,378.85
School taxes
$48.50
$581.98
Insurance
$110.08
$1,321.00

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.

$

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Can I afford to buy this property?

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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.

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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.

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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

$619,000

Commercial building for sale

No. 771155

With income
Contact the owner
Contact the owner