9 bedrooms
6 bathrooms
Lot dimensions 5 000 ft² (464.52 m²)

Owners’ comments

Automated translation

Beautiful and large building with 6 incomes, very well maintained.

5 apartments (1 x 3 1/2, 3 x 4 1/2, 1 x 5 1/2) and 1 shop (hair salon, 800 sq. ft.).

Residential area, near Cégep Limoilou, elementary and secondary schools, park, as well as several neighbourhood shops located on 3rd Avenue.

  • 3-storey multifamily building (50 feet x 34 feet)
  • Excellent tenants
  • Large 5,000 sq ft lot Fenced backyard accommodating
  • 3 parking lots
  • Gallery /drum at the rear
  • Front balconies with wrought iron guards redone in 2005
  • Elastomer membrane roof redone in 2002
  • Heating electric skirting boards. Hot water for housing (5 1/2)
  • Concrete solage (except rear expansion in concrete block)
  • Basement: Storage for tenants
  • Possibility of housing for the buyer 4 1/2 (2nd floor)
Complete Description
Complete Description

Property features

Asking Price
$649,000
Year of construction
1922
Building dimensions
1 700 ft² (157.94 m²)
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
South
Number of parkings
3
Municipal evaluation's date
2019
Lot's municipal evaluation
$221,000
Building's municipal evaluation
$246,000
Taxes year
2019
1 Bedroom
1
2 Bedroom
3
3 Bedroom
1
Commerce(s)
1

External facing:

  • Brick

Roof:

  • Elastomer membrane

Windows:

  • Aluminium
  • PVC

Location:

  • Residential area

Near Health Services:

  • Hospital

Near Educational Services:

  • Elementary school
  • High School
  • College

Near Recreational Service:

  • Sportif center
  • Library
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Basement
Storey: Basement
Dimensions: 48' x 32' (14,63 m x 9,75 m)
Flooring: Concrete

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Mortgage
School taxes
$47.67
$572.00
Municipal taxes
$763.75
$9,165.00
Heating
$300.00
$3,600.00
Insurance
$250.00
$3,000.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$4,558.33
$54,700.00

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.

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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

$649,000

6 units or more for sale

No. 858890

Contact the owner
Contact the owner