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10 bedrooms
Lot dimensions 113,256.00 ft² (2.6 acres)

Owners’ comments

This well-maintained mixed building has 5 apartments and 3 offices, all rented except for one office which has been recently renovated. The building is located in Mansfield QC - 90 minutes from Ottawa/Gatineau and 30 minutes from Pembroke, Ontario.

- Highway frontage with impressive views of Coulonge River and Gabriel Marchand covered bridge. Deeded access to the river may be possible for the new owner of the building.

-Constructed in 1988 with rib blocks on the outside, wood framing, steel tile roof, and Pella windows

- Gross annual rental revenue $61 320 (monthly $5110).  This includes rent for the seller's apartment with lease. One apartment is 2,000 sq. ft.;  4 apartments are 800 sq. ft each; 3 offices 800 sq. ft. each. Two of the apartments have large balconies. Each rental unit has its own Hydro meter and its own air conditioner, owned by the building owner. VTB possible with 25% down. ($206,250.)  Monthly mortgage payment at 5% - $3,598.68.  Please note that the Mortgage Calculator shown below shows a down payment of $165,000.  This is 20% for a residential building. The property for sale is a commercial building with a down payment of 25% ($206,250).

- Local amenities include a large grocery store, hardware stores, full-service medical facility, Caisse Desjardins, supervised public beach, golfing, Chutes Coulonge (zip line), conference center, and high-end restaurant.    

- Three-bay garage and large storage shed (16' x 20')  

- Reconstruction appraisal done in 2015 assessed the value of the main building, the large storage shed, and the 3-bay garage at $1.5 M.

Please contact by e-mail rather than phone: gail.mathias@sympatico.ca

Complete Description
Complete Description

Property features

Style
Canadian
Asking Price
$825,000
Details
With income
Year of construction
1988
Number of commercial units
3
Building dimensions
8,000 ft² (743.22 m²)
General condition
Very good
Certificate of Location
Yes
Number of parkings
23
Franchise
Yes
Municipal evaluation's date
2021
Building's municipal evaluation
$311,000
Lot's municipal evaluation
$31,000
Annual incomes
$54,900

Lease:

  • With Lease

Bathroom:

  • Soaker bath
  • Bath and shower
  • Therapeutic bath
  • Separate Shower

Frame:

  • Concrete
  • Wooden dunnage

External facing:

  • Concrete
  • Vinyl Siding

Floor coverings:

  • Laminate
  • Ceramic
  • Linoleum
  • Carpet

Roof:

  • Steel

Windows:

  • Wood
  • PVC

Heating source:

  • Electric
  • Granulates

Electric system:

  • 200 amps

Features:

  • Air Conditioning
  • Central Vacuum Cleaner
  • Kitchen
  • External Lighting
  • Outside Sign
  • External Warehouse
  • Septic Tank
  • Fireplace
  • Lights
  • Artesian Well
  • Shed
  • Bathroom
  • California shutters
  • Well
  • Ceiling fixtures

Basement:

  • None

Upgrades:

  • Cupboards
  • Windows
  • Insulation
  • Crown moulding
  • Floors
  • Plumbing
  • Doors
  • Bathrooms

Garage:

  • Detached

Parking / Driveway:

  • Crushed Gravel

Zoning:

  • Office
  • Industrial without nuisance
  • Restaurant
  • Retail sale

Soil:

  • Sand

Location:

  • Highway access
  • Near park
  • No backyard neighbors
  • Residential area
  • Panoramic view
  • Water view
  • Near schools
  • Close to all services

Lot description:

  • Panoramic view
  • Water view
  • River / Waterfall
  • Mature trees
  • Patio/deck
  • Landscaped

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant

Near Health Services:

  • Medical center

Near Educational Services:

  • Day nursery
  • Elementary school
  • High School

Near Recreational Services:

  • Golf resort
  • Museum
  • ATV trails
  • Ski resort
  • Bicycle Path

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.

$825,000

Commercial / Apartment for sale

1-289 rue Principale

Mansfield-Et-Pontefract Outaouais

No. 1006440

With income
Contact the owner
Contact the owner
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