4 bedrooms
6 bathrooms
Lot dimensions 2,098.96 ft² (195 m²)

Owners’ comments

Automated translation

Income building 6 dwellings including 2 shops, very well located on the first avenue near services and public transport, established clientele, potential for urban development with the arrival of the tram. Perfectly located limits Limoilou and Charlesbourg, area in demand, schools, outdoor pool, public transport at the door, fenced and landscaped backyard. Very large terraces, for each of the residential dwellings. Several renovations carried out over the last 6 years; aqueduct 2016, sewers 2016, rear drain 2016, rear terrace 2017, mezzanines before 2018, rear and front earthworks with landscaping 2020, 1 dwelling renovated 2017, windows and doors 1st floor. 2016 cellar descent, 2018 rear cladding repair, 2017 refurbished metal staircase, etc.

Possibility of optimizing rents that are below the market price.

Sold without legal warranty.

Complete Description
Complete Description

Property features

Asking Price
$950,000
Style
4 seasons
Year of construction
1945
General condition
Standard
Occupation rate
83
Certificate of Location
Yes
Courtyard orientation
East
Municipal evaluation's date
2022
Lot's municipal evaluation
$112,000
Building's municipal evaluation
$250,000
Taxes year
2022
Mortgage balance
$360,661
1 Bedroom
4
Bedrooms (total)
4
Commerce(s)
2

External facing:

  • Aluminium Siding
  • Brick
  • Smart Panel

Foundation:

  • Cast concrete

Frame:

  • Wooden part on part

Roof:

  • Elastomer membrane

Floor coverings:

  • Laminate
  • Hardwood
  • Ceramic

Windows:

  • Wood
  • PVC

Heating source:

  • Electric

Electric system:

  • 200 amps
  • Breakers panel

Kitchen:

  • Melamine wood imitation finish

Bathroom:

  • Bath and shower

Basement:

  • Concrete
  • Separate entrance
  • Unfinished
  • Potential income

Upgrades:

  • Cabinets
  • Heating
  • Kitchen
  • Electrical
  • Windows
  • Insulation
  • External facing
  • 9ft ceilings
  • Floors
  • Plumbing
  • Doors
  • Bathrooms
  • Basement
  • Gutters
  • Painting
  • Terrace
  • Landscaping

Location:

  • Highway access
  • Near park
  • Public transportation

Lot description:

  • Flat geography
  • Stamped concrete
  • Interlock

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • College

Near Recreational Service:

  • Gym
  • Sportif center
  • Library
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Suite
Storey: Main floor
Dimensions: 13' 1" x 39' 4" (4 m x 12 m)
Flooring: Laminate
Suite
Storey: Main floor
Dimensions: 13' 1" x 39' 4" (4 m x 12 m)
Flooring: Laminate
Apartment 1
Storey: 1st floor
Dimensions: 13' 1" x 39' 4" (4 m x 12 m)
Flooring: Hardwood
Apartment 2
Storey: 1st floor
Dimensions: 13' 1" x 39' 4" (4 m x 12 m)
Flooring: Hardwood
Apartment 3
Storey: 2nd floor
Dimensions: 13' 1" x 39' 4" (4 m x 12 m)
Flooring: Hardwood
Suite
Storey: 2nd floor
Dimensions: 13' 1" x 39' 4" (4 m x 12 m)
Flooring: Hardwood

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$37.50
$450.00
Municipal taxes
$761.58
$9,139.00
Non-residential surface
$370.83
$4,450.00
Land taxes
$155.50
$1,866.00
Electricity
$191.67
$2,300.00
Water taxes
$60.42
$725.00
Maintenance fees
$416.67
$5,000.00
Insurance
$287.50
$3,450.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$3,518.00
$42,216.00

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.

$950,000

6 units or more for sale

2614-2620 1re Avenue

Limoilou Québec Rive-Nord

No. 1001529

Contact the owner
Contact the owner