$1,375,000
Apply for your Desjardins mortgage financing →

Quintuplex for sale

981-985, avenue de Bougainville Montcalm Québec Rive-Nord

No. 1084156

Quick occupancy possible
Contact the owner Select the desired contact option among those that have been activated:
Send a message
Phone
581-990-9912
See it on the map
The steps involved in buying a property Buy
Print
Contact the owner Select the desired contact option among those that have been activated:
Send a message
Phone
581-990-9912
Lot dimensions 3 505 ft² (325.63 m²)

Owners’ comments

Automated translation

Characteristics of the property

3-storey residential building dating from 1925. Building with 5 units: 3 x 6 1/2, 1 x 2 1/2, 1 x 3 1/2 (100% rented). Land area 3505 sqft (325.6 sqm). Double garage at the back of the building for 3 cars and 3 parking spaces outside.

The building is in very good condition, major work has been carried out by certified contractors.

  • Roof repair (building and garage) elastomeric membrane (May 2019).
  • Replacement of the furnace (oil) by electric hot water heating (May 2020).
  • Replacing water heaters (December 2021).
  • Repair of the galleries and stairs on the facade of the building (aluminum and fiberglass) (Sept. 2022).
  • Replacing the vinyl cover at the back of the building (November 2022).
  • Replacing the gutters in the building and garage (November 2022).
  • Replacement of the 3 windows on the facade of the building (August 2023).
  • Replacement of a foundation wall, agricultural drain and the addition of plaster (May 2023).
  • Repair of brick joints and re-anchoring of brick in several locations (May 2023).
  • Addition of entrances for washer/dryer basement apartment (August 2023).


Financial details

Gross annual revenue (potential) $74,100.

Proximities
Plains of Abraham, future tramway (René-Lévesque Boulevard), public
transport, bike path, elementary and secondary schools, grocery stores, pharmacies, hospital, daycare/CPE, cross-country skiing, CPE, cross-country skiing, CPE, cross-country skiing, library, library, Cartier Avenue, Parc des Braves.

Succession sale (sale without legal warranty).

Complete Description
Complete Description

Property features

Asking Price
$1,375,000
Style
Link
Details
Quick occupancy possible
Year of construction
1925
Building dimensions
4 282 ft² (397.81 m²)
General condition
Very good
Certificate of Location
Yes
Courtyard orientation
North-East
Number of parkings
6
Municipal evaluation's date
2025
Lot's municipal evaluation
$425,000
Building's municipal evaluation
$410,000
Taxes year
2024
Studio
1
1 Bedroom
1
4 Bedroom and more
3

External facing:

  • Brick
  • Vinyl Siding
  • Sheet metal

Foundation:

  • Cast concrete

Roof:

  • Elastomer membrane

Floor coverings:

  • Laminate
  • Hardwood
  • Ceramic

Heating source:

  • Electric

Electric system:

  • 100 amps
  • 200 amps

Basement:

  • Separate entrance

Upgrades:

  • Windows
  • External facing
  • Roof
  • Gutters

Garage:

  • Double
  • Insulated
  • Garage door opener

Parking / Driveway:

  • Asphalt

Lot description:

  • Flat geography

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant

Near Health Services:

  • Hospital
  • Dentist
  • Medical center

Near Educational Services:

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

Near Recreational Service:

  • Library
  • Museum
  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$48.42
$581.00
Municipal taxes
$740.00
$8,880.00
Electricity
$332.58
$3,991.00
Insurance
$237.92
$2,855.00
Total known costs
More info on the costs involved in buying a property

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$6,175.00
$74,100.00

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.

$1,375,000
Apply for your Desjardins mortgage financing →

Quintuplex for sale

981-985, avenue de Bougainville Montcalm Québec Rive-Nord

No. 1084156

Quick occupancy possible
Contact the owner Select the desired contact option among those that have been activated:
Send a message
Phone
581-990-9912
See it on the map
The steps involved in buying a property Buy
Print
Contact the owner Select the desired contact option among those that have been activated:
Send a message
Phone
581-990-9912
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