15 bedrooms
5 bathrooms
Lot dimensions 9 973.02 ft² (926.52 m²)

Owners’ comments

Automated translation

Rental building with 5 identical dwellings of 5.5 rooms (rare on the market). Four sides made of bricks. The building is always 100% rented. It is located in a quiet area, but close to all services. Tenants are selected with credit survey. Building maintenance is up to date. The roof (shingles) was redone in 2013, the water heaters were replaced in 2015, the windows of all housing were replaced with PVC thermos in 2016. Sole proprietor for a long time.

The annual income of the 5 dwellings is $44,316 for 2020/2021.

Each tenant has a direct entrance to his home at the rear, a large storage room (10' x 12') in the basement, a central vacuum for the five dwellings, two parking spaces and a fenced and landscaped plot. The costs of heating and electricity are borne by the tenants. Each unit has a dishwasher, microwave and refrigerator space.

Additional photos can be sent upon request.

The building does not have a mortgage and the seller does not accept a balance of sale prices. Opportunity to increase income.

Visit and inspection only possible with an offer to purchase signed and accepted with pre-authorized financing by your financial institution. To be considered, the offer to purchase must be written and signed.

Communication is easier by e-mail.

Housing no. 1 = Semi-basement; $663 per month (2020-2021); high power dehumidifier; floating wood floor (no carpet), quality preart in the kitchen and PVC thermos windows.

Housing no. 2 = 1st floor; $755 per month (2020-2021); air extractor; floating wood floor (no carpets), 4' x 8' rear covered gallery, quality kitchen preart and PVC thermos windows.

Housing no. 3 = 1st floor; $755 per month (2020-2021); air extractor; commercial carpet, quality preart in the kitchen, 4' x 8' rear covered gallery and PVC thermos windows.

Housing no. 4 = 2nd floor; $765 per month (2020-2021); equipped with air exchanger, floating wood floor everywhere (no carpet), quality preart in the kitchen, uncovered rear gallery and PVC thermos windows.

Housing no. 5 = 2nd floor; $755 per month (2020-2021); air extractor; quality carpet, quality preart in the kitchen, 4' x 8' uncovered rear gallery and PVC thermos windows.

Complete Description
Complete Description

Property features

Asking Price
$619,000
Style
Mid-level entrance
Year of construction
1988
Building dimensions
2 107.6 ft² (195.80 m²)
General condition
Excellent
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
South
Number of parkings
10
Municipal evaluation's date
2019
Lot's municipal evaluation
$195,000
Building's municipal evaluation
$380,000
Taxes year
2020
3 Bedroom
5
Bedrooms (total)
15

External facing:

  • Brick

Foundation:

  • Cast concrete

Frame:

  • Wooden dunnage

Roof:

  • Asphalt shingle

Floor coverings:

  • Laminate
  • Ceramic
  • Carpet

Windows:

  • PVC

Heating source:

  • Electric

Electric system:

  • 200 amps
  • Breakers panel

Features:

  • Central vacuum
  • Air exchanger
  • Ceiling fixtures
  • Alarm system
  • Ventilator

Kitchen:

  • Melamine cabinets

Bathroom:

  • Bath and shower

Basement:

  • Totally finished
  • Potential income

Upgrades:

  • Windows
  • Plumbing
  • Roof
  • Painting
  • Landscaping

Parking / Driveway:

  • Aggregate
  • Outside

Location:

  • Highway access
  • Near park
  • Residential area
  • Public transportation

Lot description:

  • Flat geography
  • Fenced
  • Interlock
  • Landscaped

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School

Near Recreational Service:

  • Golf course
  • Library
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Balcony
Storey: Main floor
Dimensions: 4' x 8' (1,22 m x 2,44 m)
Flooring: Concrete
Bathroom
Storey: Main floor
Dimensions: 6' x 7' (1,83 m x 2,13 m)
Flooring: Ceramic
Bedroom 1 (Master)
Storey: Main floor
Dimensions: 8' x 10' (2,44 m x 3,05 m)
Flooring: Laminate
Bedroom 2
Storey: Main floor
Dimensions: 14' x 10' (4,27 m x 3,05 m)
Flooring: Laminate
Bedroom 3
Storey: Main floor
Dimensions: 9' x 10' (2,74 m x 3,05 m)
Flooring: Laminate
Kitchen
Storey: Main floor
Dimensions: 8' x 12' (2,44 m x 3,66 m)
Flooring: Vinyl
Living / Dining room
Storey: Main floor
Dimensions: 18' x 10' (5,49 m x 3,05 m)
Flooring: Laminate
Other
Storey: Main floor
Dimensions: 4' x 18' (1,22 m x 5,49 m)
Flooring: Laminate
Suite entrance
Storey: Main floor
Dimensions: 4' x 8' (1,22 m x 2,44 m)
Flooring: Laminate
Walk-In Closet
Storey: Main floor
Dimensions: 6' x 4' (1,83 m x 1,22 m)
Flooring: Laminate
Walk-In Closet
Storey: Main floor
Dimensions: 6' x 6' (1,83 m x 1,83 m)
Flooring: Laminate
Utility
Storey: Basement
Dimensions: 10' x 12' (3,05 m x 3,66 m)
Flooring: Concrete

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.

$619,000

Quintuplex for sale

No. 873878

Contact the owner
Contact the owner