5 bedrooms
4 bathrooms
Lot dimensions 6 184 ft² (574.51 m²)

Owners’ comments

Automated translation

Attention investors! Beautiful renovated quadruplex.

The building pays $28,140 in rent per year. Rents can be increased in the near future.

Equipped with four electric meters and four water heaters, the building is electrically heated. The housing units have been renovated over time. Each apartment has a separate entrance as well as a washer-dryer entrance. Electricity is paid by the tenants.

The location is ideal: 5 minutes from the motorway, on a corner lot and in a cul-de-sac, the quadruplex is built on a very large lot with up to ten parking spaces. There are also two discounts.

Currently well rented to serious tenants who take care of the maintenance of the land (lawn, snow removal...). One of the tenants has lived there for 10 years, and another for 8 years.

Do not miss this unique opportunity!

Complete Description
Complete Description

Property features

Asking Price
$277,900
Details
With income
Year of construction
1900
Building dimensions
930 ft² (86.40 m²)
General condition
Standard
Certificate of Location
Yes
Number of parkings
10
Municipal evaluation's date
2016
Lot's municipal evaluation
$96,300
Building's municipal evaluation
$124,700
Taxes year
2019
Bachelor
1
1 Bedroom
1
2 Bedroom
2

Floor coverings:

  • Laminate
  • Ceramic

Heating source:

  • Electric

Features:

  • Shed

Kitchen:

  • Melamine cabinets

Bathroom:

  • Bath and shower

Basement:

  • Totally finished
  • Separate entrance

Upgrades:

  • Cabinets
  • Kitchen
  • Floors
  • Doors
  • Basement
  • Roof

Parking / Driveway:

  • Outside
  • Crushed Gravel

Location:

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

Lot description:

  • Flat geography
  • Fenced

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center

Near Educational Services:

  • Daycare
  • Elementary school

Near Recreational Service:

  • Golf course
  • Library

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Kitchen
Storey: Main floor
Dimensions: 22' x 18' (6,71 m x 5,49 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Mortgage
School taxes
$25.26
$303.18
Municipal taxes
$269.83
$3,238.00
Insurance
$78.84
$946.12

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$2,345.00
$28,140.00

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

Found your dream home? Here’s a summary of steps to follow to become a homeowner. For detailed information, click here:

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

$277,900

Quadruplex for sale

No. 725361

With income
Contact the owner
Contact the owner