Lot dimensions 882.4 m² (9 498.07 ft²)

Owners’ comments

Ideal for an owner occupant or investor

Commercial building located in a busy sector along Highway 50. Fully rented with well-established tenants over the past 8 years.

Renovated (with invoices) and well maintained.

Possibility of 7 offices on the 1st floor right away.

16 parking spaces.

Turnkey.

Revenue of more than $60 000/year. Commercial and residential zoning.

Complete Description
Complete Description

Property features

Asking Price
$529,000
Details
With income
Number of commercial units
4
Year of construction
1971
Building dimensions
13.29 m² (143.05 ft²)
General condition
Excellent
Certificate of Location
Yes
Number of parkings
16
Franchise
No
Municipal evaluation's date
2019
Lot's municipal evaluation
$115,000
Building's municipal evaluation
$197,400
Annual incomes
$60,240
Taxes year
2019

Lease:

  • With Lease

Parking / Driveway:

  • Asphalt

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Half bath
Storey: Main floor
Dimensions: 5' x 5' (1,52 m x 1,52 m)
Flooring: Ceramic
Office
Storey: Main floor
Dimensions: 16' x 22' (4,88 m x 6,71 m)
Flooring: Laminate
Office
Storey: Main floor
Dimensions: 22' x 37' (6,71 m x 11,28 m)
Flooring: Laminate
Half bath
Storey: 1st floor
Dimensions: 4' x 4' (1,22 m x 1,22 m)
Flooring: Ceramic
Half bath
Storey: 1st floor
Dimensions: 6' x 6' (1,83 m x 1,83 m)
Flooring: Ceramic
Office
Storey: 1st floor
Dimensions: 10' x 13' (3,05 m x 3,96 m)
Flooring: Laminate
Office
Storey: 1st floor
Dimensions: 11' x 10' (3,35 m x 3,05 m)
Flooring: Laminate
Office
Storey: 1st floor
Dimensions: 11' x 11' (3,35 m x 3,35 m)
Flooring: Laminate
Office
Storey: 1st floor
Dimensions: 12' x 11' (3,66 m x 3,35 m)
Flooring: Laminate
Office
Storey: 1st floor
Dimensions: 12' x 14' (3,66 m x 4,27 m)
Flooring: Ceramic
Office
Storey: 1st floor
Dimensions: 8' x 8' (2,44 m x 2,44 m)
Flooring: Ceramic
Office
Storey: 1st floor
Dimensions: 9' x 12' (2,74 m x 3,66 m)
Flooring: Laminate
Office
Storey: 1st floor
Dimensions: 9' x 13' (2,74 m x 3,96 m)
Flooring: Ceramic
Storage
Storey: 1st floor
Dimensions: 20' x 22' (6,1 m x 6,71 m)
Flooring: Floating tile
Storage
Storey: 1st floor
Dimensions: 8' x 12' (2,44 m x 3,66 m)
Flooring: Floating tile

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Municipal taxes
$739.00
$8,868.00
School taxes
$34.92
$419.00
Electricity
$415.50
$4,986.00
Insurance
$166.67
$2,000.00

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

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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?

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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.

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

$529,000

Commercial building for sale

No. 873943

With income
Contact the owner
Contact the owner