3 bedrooms
4 bathrooms
Lot dimensions 5 717 ft² (531.13 m²)

Owners’ comments

Beautiful 4 apartment complex, well renovated and located beside future site of Lorrain Rapibus! 

Located on a large corner lot, near a cul-de-sac, wooded at the back and overlooking the Lac Beauchamp Park. Very profitable with stable tenants. A tenant has been living there for over 25 years and another for more than 7 years.

Property of 5,717 square feet and building of 2,048 square feet, semi-basement with very large windows and main floor.

29940$ annual income. Increase potentiel.

Since taking possession in 2012, over $55,000 in renovations was done.

2009: Roofing (former owner)
2012: 16 windows, hot water tank app.#1, exterior aggregate repairs and foundation repairs
2013: Bathroom app.#1
2014: Bathroom and kitchen app.#4, floating floor app.#3
2015: Kitchen and bathroom app.#2, exterior doors, stairs and 4 doors of the shed
2016: Exterior doors, aluminum staircase app.#3, exterior lights
2017: Electrical panels, inspected electrical meters and fuses replaced, power outlets and switches checked, hot water tank #2, gutter repair

2018: Bathroom app.#3, New Isulation and gypse on the 3 walls in appt.#1

8 parking spaces (2 per apartment), The shed contains 4 private storage spaces.
4 electricity meters (possibility to rent unheated, unlit)
2 stoves and 2 refrigerators are included (#1 and #2)

The snow removal and mowing service provider is very reliable and the current season active contract will be transferred at no additional cost. About 500$ per contract(1 for snow and 1 for grass) per year

2006 certificate of Location provided.

Complete Description
Complete Description

Property features

Asking Price
$335,000
Details
No neighbors in the back
Year of construction
1971
Building dimensions
2 048 ft² (190.27 m²)
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
West
Number of parkings
8
Municipal evaluation's date
2017
Lot's municipal evaluation
$93,800
Building's municipal evaluation
$199,400
Taxes year
2018
Studio
1
1 Bedroom
3
Bedrooms (total)
3

External facing:

  • Aggregate
  • Stucco

Foundation:

  • Concrete block

Frame:

  • Wooden part on part

Roof:

  • Asphalt shingle

Floor coverings:

  • Laminate
  • Ceramic
  • Linoleum

Windows:

  • PVC

Heating source:

  • Electric

Electric system:

  • Breakers panel

Features:

  • Shed

Kitchen:

  • Wooden cabinets
  • Melamine cabinets
  • Stove
  • Fridge

Bathroom:

  • Bath and shower
  • Ceramic Shower

Basement:

  • Totally finished

Upgrades:

  • Cabinets
  • Heating
  • Kitchen
  • Electrical
  • Windows
  • Insulation
  • Floors
  • Plumbing
  • Doors
  • Bathrooms
  • Gutters
  • Painting
  • Foundation
  • Shed

Parking / Driveway:

  • Asphalt
  • Outside

Location:

  • Near park
  • No backyard neighbors
  • Residential area
  • Public transportation

Lot description:

  • Mature trees
  • Patio/deck

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Bar

Near Educational Services:

  • Daycare
  • Elementary school

Near Recreational Service:

  • Gym
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Suite
Storey: 1st floor
Dimensions: 16' x 21' (4,88 m x 6,4 m)
Flooring: Laminate
Suite
Storey: 1st floor
Dimensions: 32' x 22' (9,75 m x 6,71 m)
Flooring: Laminate
Suite
Storey: Basement
Dimensions: 32' x 16' (9,75 m x 4,88 m)
Flooring: Ceramic
Suite
Storey: Basement
Dimensions: 32' x 16' (9,75 m x 4,88 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$29.00
$348.00
Municipal taxes
$307.42
$3,689.00
Electricity
$250.00
$3,000.00
Insurance
$125.00
$1,500.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$2,495.00
$29,940.00

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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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

$335,000

Quadruplex for sale

No. 783604

No neighbors in the back
Contact the owner
Contact the owner