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12 bedrooms
7 bathrooms
Lot dimensions 6,027.79 ft² (560 m²)

Owners’ comments

Automated translation

Beautiful 7-unit building located in the Neufchatel/Les Rivières area near Lebourgneuf. The gross revenue is $69,828 and the standardized MNR is 21.5.

Composed of 1x5.5+3x4.5+3x3.5. Heating is at the expense of the tenants and hot water is at the owner's expense. Washer/dryer connections in each unit. Internet service provided in the leases. Concierge on site takes care of the maintenance.

Located in a quiet area, easy to rent, 100% busy with several long-term tenants. Close to highways, public transport and 15 minutes from downtown Quebec.

Many renovations have been carried out since 2013 including emergency exits, agricultural drain, galleries, electrical entrance, doors and windows. Several homes have been renovated recently, but other optimizations are still to be carried out.

Inclusions: Winter shelters, maintenance materials, appliances in apartment number 5.

Exclusions: Owner's tools and equipment, tenants' property.

Visit only with accepted offer to purchase and bank certificate of down payment.

THE SALE IS MADE WITHOUT LEGAL GUARANTEE OF QUALITY AT THE RISK AND PERIL OF THE BUYER

Complete Description
Complete Description

Property features

Asking Price
$950,000
Style
4 seasons
Details
Quick occupancy possible
Year of construction
1973
Building dimensions
1,797.57 ft² (167 m²)
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
South-East
Number of parkings
7
Municipal evaluation's date
2022
Lot's municipal evaluation
$174,000
Building's municipal evaluation
$496,000
Taxes year
2021
1 Bedroom
3
2 Bedroom
3
3 Bedroom
1

External facing:

  • Brick

Foundation:

  • Cast concrete

Windows:

  • PVC

Heating source:

  • Electric

Features:

  • Shed
  • Air exchanger

Parking / Driveway:

  • Outside
  • Crushed Gravel

Location:

  • Highway access
  • Residential area
  • Public transportation

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Suite
Storey: Main floor
Dimensions: 10' x 50' (3,05 m x 15,24 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$53.17
$638.00
Municipal taxes
$740.83
$8,890.00
Electricity
$159.67
$1,916.00
Maintenance fees
$291.67
$3,500.00
Insurance
$221.25
$2,655.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$5,810.83
$69,730.00

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.

$950,000

6 units or more for sale

8664 rue de la Bonne Entente

Neufchatel Québec Rive-Nord

No. 991448

Quick occupancy possible
Contact the owner

Are you a real estate agent?

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.


Contact the owner

Are you a real estate agent?

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?