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
Here's a rare opportunity to acquire land for residential development (condo/apartment) up to a maximum of 6 storeys in an area where the city has a vision of densification.
Current zoning permits residential, commercial (CFI) and institutional (P2) development up to 6 storeys. Zoning (532-2020), Use grid Ha-03-084.
Potential for at least 72 units with no derogations according to urban planning. (a project in its own right)
Photos and images of the site available on request.
There is currently a private residence to be demolished on the lot. Lot area is 2657.60 m2 (28606 ft2). Non-heritage house.
Price excludes all applicable taxes, if any. If taxes are applicable, they will be at buyer's expense.
Development opportunity for investors, developers, real estate promoters and/or contractors.
Recent certificate of location (Sept. 30, 2022).
Phase I and II environmental site studies completed in 2022.
Conclusion: For soils, no decontamination measures are required according to the guide, for both residential and commercial use.
Documents available upon acceptance of a promise to purchase.
- Street section from the City of Gatineau, Infrastructure Department
- Civil engineer's preliminary design for infrastructure extension. (Sewers nearby)
- Site plans from an urban planning firm.
- City of Gatineau admissibility form for a multi-housing project.
Project site plan completed in January 2024 by land surveyor.
- Potential of at least 84 units with a minor derogation according to the urban planning department. The minor variance is related to the front entrance for access to the underground parking lot.
- Potential for at least 72 units with no planning variance. (a project in its own right)
It is the buyer's sole responsibility to verify with the relevant authorities all information and/or regulations necessary for the execution of his future project.
Sale without legal warranty at buyer's sole responsibility.