21 bedrooms
9 bathrooms
Lot dimensions 4 985 m² (53 658.09 ft²)

Owners’ comments

Being an industrial building before 1995 it was reconverted in a multi-apartments building (9 residential) and 1 industrial area at that time. This building is located in the heart of the town of Montebello. Being near the Château Montebello, the residential section of the building is very appreciated by the Château employees. The five 5 ½ apartments have an area of around 1,200 sq. ft., the four other 6 ½ apartments have a average area of 1,600 sq. ft. The four ground floor apartments have a backyard in the average of 1,400 sq. ft. divided by a cedar hedge. Most of the apartments were renovated and always well maintained.
 
On the west side of the property, there is a double door garage that can be used for rental. The land area offer many possibilities for new projects and offers in turn new possibilities of financial entries.

Complete Description
Complete Description

Property features

Asking Price
$775,000
Year of construction
1950
Building dimensions
1 395 m² (15 015.66 ft²)
General condition
Very good
Certificate of Location
Yes
Number of parkings
24
Municipal evaluation's date
2014
Lot's municipal evaluation
$58,275
Building's municipal evaluation
$462,525
Taxes year
2018
3 Bedroom
6
4 Bedroom and more
3

External facing:

  • Vinyl Siding

Foundation:

  • Cast concrete

Frame:

  • Concrete
  • Wooden dunnage

Roof:

  • Asphalt shingle
  • Sheet with rods

Floor coverings:

  • Laminate
  • Hardwood

Windows:

  • PVC

Heating source:

  • Electric

Electric system:

  • 200 amps
  • Breakers panel

Garage:

  • Double
  • Insulated

Parking / Driveway:

  • Asphalt
  • Crushed Gravel

Location:

  • Highway access
  • Residential area

Near Commerce:

  • Supermarket
  • Bank
  • Restaurant

Near Educational Services:

  • Elementary school

Near Recreational Service:

  • Golf course
  • Library

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Open concept
Storey: Main floor
Dimensions: 30' x 40' (9,14 m x 12,19 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$65.92
$791.00
Municipal taxes
$1,074.58
$12,895.00
Electricity
$67.42
$809.00
Maintenance fees
$333.33
$4,000.00
Insurance
$581.92
$6,983.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$6,490.00
$77,880.00

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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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

$775,000

6 units or more for sale

235 rue Saint-Charles

Montebello Outaouais

No. 854207

Contact the owner
Contact the owner