2 bedrooms
1 bathroom
Lot dimensions 7 094.55 ft² (659.11 m²)

Owners’ comments

Automated translation

Well-maintained triplex in a sought after area of Loretteville
169-169B rue Albert-Trudel, Quebec (La Haute-Saint-Charles)

Great investment opportunity in a family and sought after area of Loretteville. This triplex includes two 4½ units and one 2½ units, all rented and unheated, unlit, offering

stable income upon acquisition.

Annual revenue
4½: $1,100/month
4½: $1,100/month
2½: $406/month Annual gross
income: $31,272

The building benefits from a strategic location near schools, parks, shops, services and main roads. Peaceful neighborhood appreciated by both tenants and owner-occupants.

Characteristics

  • 3-unit triplex
  • Two 4½ homes
  • A 2½ unit
  • Stable rental income
  • Tenants cover their heating and electricity costs
  • Parking
  • Private land
  • Residential sector sought
  • Fast access to all services

This property represents an excellent opportunity for an investor wishing to acquire an income property in an area with high rental demand or for a buyer wishing to eventually occupy one of the homes.

Documents available on request:

  • Baux
  • Income and expenses
  • Municipal and school taxes
  • Additional information on the building

Visits by appointment only.

Complete Description
Complete Description

Property features

Asking Price
$435,000
Details
With apartment
Year of construction
1970
Building dimensions
24.1x60.1 ft (7.35x18.32 m)
Occupation rate
100
Number of parkings
3
Lot's municipal evaluation
$176,000
Building's municipal evaluation
$129,000
Annual income
$31,272.00
Studio
1
2 Bedroom
2

External facing:

  • Canexel wood fibre siding

Foundation:

  • Cast concrete

Roof:

  • Sheet metal

Heating source:

  • Hot water
  • Electric

Kitchen:

  • Melamine cabinets

Bathroom:

  • Bath and shower

Upgrades:

  • Kitchen
  • Painting
  • Floors
  • Bathrooms

Parking / Driveway:

  • Asphalt
  • Outside

Location:

  • Near park
  • Residential area
  • Public transportation

Near Commerce:

  • Bank
  • Drugstore
  • Restaurant
  • Supermarket

Near Educational Services:

  • Elementary school
  • High School
  • Daycare

Near Recreational Service:

  • Library
  • Gym
  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$16.05
$192.61
Municipal taxes
$322.58
$3,871.00
Maintenance fees
$83.33
$1,000.00
Insurance
$157.42
$1,889.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$2,606.00
$31,272.00

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

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$435,000

Triplex for sale

169-169A-169B rue Albert-Trudel Loretteville Québec Rive-Nord

No. 1135166

With apartment
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.
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.