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Lot dimensions 2,961.15 ft² (275.1 m²)

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
$599,900
Details
With income
Year of construction
1981
Number of commercial units
2
Building dimensions
3,100.01 ft² (288 m²)
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

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.

$599,900

Commercial building for sale

No. 771155

With income
Contact the owner
Contact the owner
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