Strategically located in the heart of Upper Town is this beautiful, well-maintained semi-commercial building. 4 apartments on the upper floors, 1 apartment occupied by the owner. Total of 3 commercial units, 2 well-established businesses on the ground floor. A medical clinic is rented in part of the basement. Possibility to vacate the businesses on the ground floor within a reasonable time, if desired. Good earnings. No work to be expected. Visits upon accepted offer.

Stratégiquement situé au coeur de la haute-ville se trouve ce bel immeuble semi-commercial bien entretenu. 4 appartements aux étages supérieurs, 1 appartement occupé par le propriétaire. Total de 3 unités commerciales, 2 commerces bien établis au rez-de-chaussée. Une clinique médicale est locataire dans une partie du sous-sol. Possibilité de libérer les commerces du rez-de-chaussée dans un délai raisonnable, si désiré. Bons revenus. Pas de travaux à prévoir. Visites sur offre acceptée.

Complete Description

Property features

Asking Price

$1,600,000

Details

With income

Number of commercial units

Year of construction

1920

Building dimensions

29.92x81.99 ft (9.12x24.99 m)

General condition

Very good

Certificate of Location

Yes

Company

Habitation Globe Fleuri enr.

Franchise

In operation since

2003

Municipal evaluation's date

2022

Building's municipal evaluation

$993,000

Lot's municipal evaluation

$237,000

Annual incomes

$142,000

Mortgage balance

$382,000

Lease:

With Lease

Bathroom:

Bath and shower
Legs bath
Separate Shower

Foundation:

Cast concrete

Frame:

Concrete

External facing:

Brick

Floor coverings:

Concrete
Ceramic
Linoleum
Granite
Carpet

Roof:

Elastomer membrane

Windows:

Heating source:

Forced air
Electric
Natural gas
Thermo-pump

Electric system:

125 amps
200 amps
Breakers panel
Fuses panel

Features:

Air Conditioning
Fire Detector
Shower room
Alarm System
Fan

Near Tourist Services:

Hotel

Basement:

Totally finished
Concrete
Separate entrance
Potential income

Upgrades:

Heating
Electricity
Windows
Plumbing
Doors
Bathrooms
Basement
Underpad

Location:

Near park
Public transportation
Near schools
Close to all services

Near Commerce:

Supermarket
Drugstore
Bank
Financial institution
Restaurant
Shopping Center
Bar

Near Health Services:

Hospital
Dentist
Medical center
Health / spa Center

Near Educational Services:

Day nursery
Kindergarten
Elementary school
High School
College
University

Near Recreational Services:

Gym
Library
Museum
Bicycle Path

Complete list of property features

Room dimensions

Apartment 1

Storey: 1st floor

Dimensions: 16' 5" x 68' 11" (5 m x 21 m)

Flooring: Hardwood

Apartment 2

Storey: 1st floor

Dimensions: 16' 5" x 68' 11" (5 m x 21 m)

Flooring: Hardwood

Apartment 3

Storey: 2nd floor

Dimensions: 16' 5" x 68' 11" (5 m x 21 m)

Flooring: Hardwood

Loft

Storey: 2nd floor

Dimensions: 16' 5" x 68' 11" (5 m x 21 m)

Flooring: Hardwood

Annual and Monthly costs

Municipal taxes

$2,858.81

$34,305.72

School taxes

$96.58

$1,159.00

Electricity

$150.92

$1,811.00

Water taxes

$8.33

$100.00

Maintenance fees

$250.00

$3,000.00

Insurance

$614.22

$7,370.64

More info on the costs involved in buying a property

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.

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.

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

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.

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.