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6 bedrooms
4 bathrooms
Lot dimensions 2,340 ft² (217.39 m²)

Owners’ comments

Automated translation

Quadruplex on 3rd Avenue, in Limoilou. Very rare offer on the market!

Attractions of the property:

The accommodations

  • 2 very spacious 4 ½ apartments on 3rd Avenue and 2 units of 3 ½ (small) overlooking 3rd street.
  • Each unit has a storage space in the basement.
  • All accommodations have been refreshed, hardwood floors preserved.
  • The 2 3½ dwellings have been completely renovated, one of them rented fully furnished.
  • All units are leased until June 30, 2022.
  • **For the dimensions of the dwellings, ?Apartment? refers to dwelling 4.
  • **

The building

  • The building is on 2 levels.
  • Excellent clientele, stable and respectful of the place.
  • The building includes 2 parking spaces in the backyard.
  • Parking is also easy nearby with vignette inexpensively.
  • The building is well located in a heritage area of Old Limoilou.
  • Annual gross revenues of $35,940. See the Costs tab for details of expenses and revenues. Seller's statement available.
  • In this area of Limoilou, short-term rental of the Airbnb type is allowed; allowed to be obtained from the city.
  • The sale is made without legal warranty, considering the age of the building.

Less than 5 minutes by car from all services!

  • Neighbourhood shops,
  • Public transport, hospital, library,
  • Old Quebec, linear park of the Saint-Charles River
  • And even more!

Summary of the work carried out:

  • Roof waterproofed in 2020, recent windows and exterior doors,
  • galleries redone in 2015 (in fiberglass).

Notice to brokers: do not contact us to obtain a sales mandate.

For more information, contact us!

Complete Description
Complete Description

Property features

Asking Price
$575,000
Style
De Prestige
Details
By appointment
Year of construction
1912
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
South-East
Number of parkings
2
Municipal evaluation's date
2022
Lot's municipal evaluation
$141,000
Building's municipal evaluation
$257,000
Taxes year
2022
1 Bedroom
2
2 Bedroom
2
Bedrooms (total)
6

External facing:

  • Brick
  • Vinyl Siding

Foundation:

  • Cast concrete
  • Concrete block

Frame:

  • Wooden dunnage

Roof:

  • Elastomer membrane

Floor coverings:

  • Laminate
  • Hardwood
  • Ceramic
  • Linoleum

Windows:

  • PVC

Heating source:

  • Electric

Electric system:

  • 100 amps
  • 125 amps
  • 60 amps
  • Breakers panel

Features:

  • Ceiling fixtures
  • Window coverings

Kitchen:

  • Melamine cabinets
  • Laminated cabinets

Bathroom:

  • Bath and shower

Basement:

  • Concrete
  • Separate entrance
  • Unfinished

Upgrades:

  • Cabinets
  • Heating
  • Kitchen
  • Windows
  • Floors
  • Plumbing
  • Doors
  • Bathrooms
  • Roof
  • Painting

Parking / Driveway:

  • Asphalt
  • Outside

Location:

  • Highway access
  • Public transportation

Lot description:

  • Flat geography

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School
  • College
  • University

Near Recreational Service:

  • Gym
  • Sportif center
  • Library
  • Museum
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment 1
Storey: Main floor
Dimensions: 25' 12" x 55' 9" (7,92 m x 17 m)
Flooring: Hardwood
Apartment 3
Storey: Main floor
Dimensions: 13' 7" x 30' 9" (4,14 m x 9,38 m)
Flooring: Vinyl
Apartment 2
Storey: 1st floor
Dimensions: 25' 12" x 55' 9" (7,92 m x 17 m)
Flooring: Ceramic
Suite
Storey: 1st floor
Dimensions: 13' 7" x 30' 9" (4,14 m x 9,38 m)
Flooring: Hardwood

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$29.34
$352.04
Municipal taxes
$422.60
$5,071.20
Electricity
$84.33
$1,012.00
Insurance
$272.08
$3,265.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$2,995.00
$35,940.00

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.

$575,000

Quadruplex for sale

No. 987652

By appointment
Contact the owner

Are you a real estate agent?

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.


Contact the owner

Are you a real estate agent?

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.


Do you want to sell commission-free, too?