$575,000

Triplex for sale

1887-1889-1891, 4e avenue Limoilou Québec Rive-Nord

No. 1126700

With income
Apply for your Desjardins mortgage financing
Are you interested in this property?
Here’s how to contact the owner
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Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
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.
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The steps involved in buying a property Buy
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Are you interested in this property?
Here’s how to contact the owner
Send a message

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
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.
6 bedrooms
3 bathrooms
Lot dimensions 2 160.32 ft² (200.7 m²)

Owners’ comments

Automated translation

1887-1889-1891 4th Avenue, Quebec City, QC G1J 3C8, Canada


Magnificent profitable triplex (3 x 4 1/2) Investment opportunity in Limoilou. Solid and well-maintained income building located in the highly sought after area of Limoilou. Triplex composed of 3 4 1/2 homes, offering rental stability and excellent demand in the area

.

2026 annual revenue: $38,370
Insurance: $2,471/year
Maintenance and repair: Approximately $1,500/year (snow and grass removal)
Municipal and school tax: $5,139/year


Rent details:
1891, 4th Avenue 2nd floor
4 1/2 Unheated and unlit
1130$/month (lease renewed)


1889, 4th Avenue 1st floor
4 1/2 Unheated and unlit
1120/month (renewed lease)


1887, 4th Avenue semi-basement
4 1/2 Unheated and unlit
1000$/month (lease renewed)


- Stable and predictable income
- 3 well-configured and easy to rent homes
- 9-foot ceilings in 2 of the 3 apartments
- 5 asphalt parking spaces (very rare in the area)
- Sector in high rental demand

I installed the Duproprio sign on the building on March 15!

Limoilou is recognized for its vitality, its proximity to services, public transport and its constant appeal to tenants.


Site visit Saturday, March 21 between 1 p.m. and 5 p.m. (581-999-6004)
The purchase offers received will open on March 25!


For Seller Declaration and send your purchase offers: c.paquet.rousseau@hotmail.com


Outside this time slot, visit with accepted promise to purchase only. (c.paquet.rousseau@hotmail.com)


Sale without legal warranty, at the risk and peril of the buyer


Charles
581-999-6004 c.paquet.rousseau@hotmail.com

Complete Description
Complete Description

Property features

Asking Price
$575,000
Details
With income
Year of construction
1930
Building dimensions
24.02x30.12 ft (7.32x9.18 m)
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
West
Number of parkings
5
Lot's municipal evaluation
$149,000
Building's municipal evaluation
$276,000
Annual income
$38,370.00
2 Bedroom
3

External facing:

  • Brick
  • Vinyl Siding

Foundation:

  • Cast concrete

Roof:

  • Elastomer membrane

Heating source:

  • Electric

Features:

  • Ceiling fixtures
  • Window coverings

Kitchen:

  • Melamine cabinets

Bathroom:

  • Bath and shower

Basement:

  • Totally finished
  • Separate entrance

Parking / Driveway:

  • Asphalt
  • Outside

Location:

  • Highway access
  • Public transportation

Lot description:

  • Hedged
  • Corner lot

Near Commerce:

  • Supermarket
  • Drugstore
  • Restaurant

Near Health Services:

  • Hospital

Near Educational Services:

  • College

Near Recreational Service:

  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment 1
Storey: 1st floor
Dimensions: 24' x 30' 1" (7,32 m x 9,18 m)
Flooring: Hardwood
Apartment 2
Storey: 2nd floor
Dimensions: 24' x 30' 1" (7,32 m x 9,18 m)
Flooring: Hardwood
Apartment 3
Storey: Basement
Dimensions: 24' x 30' 1" (7,32 m x 9,18 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$21.76
$261.11
Municipal taxes
$409.60
$4,915.20
Maintenance fees
$125.00
$1,500.00
Insurance
$203.58
$2,443.00
Total known costs
More info on the costs involved in buying a property

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$3,197.50
$38,370.00

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.

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.

Download the legal documents that you need

Go to your DuProprio account and access free copies of the legal documents you need for a successful real estate transaction.

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$575,000

Triplex for sale

1887-1889-1891, 4e avenue Limoilou Québec Rive-Nord

No. 1126700

With income
Apply for your Desjardins mortgage financing
Are you interested in this property?
Here’s how to contact the owner
Send a message

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
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.
See it on the map
The steps involved in buying a property Buy
Print
Are you interested in this property?
Here’s how to contact the owner
Send a message

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
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?
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