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11 bedrooms
6 bathrooms
Lot dimensions 5 999.80 ft² (557.4 m²)

Owners’ comments

Apartment building comprising 6 units - 5 x 4 1/2 and a 2 1/2 - ideally situated on a serene and lush residential street a stone's throw away from François-Xavier-Garneau College and a 5-minute bus rise removed from the Laval University campus; a location which guaranteed a constant influx of tenants across the 40 years that the owners meticulously ensured the comfort of the occupants.

On top of the soothing balconies that the top floors' 4 units have at their personal disposal, the building offers 5 parking spaces-- a rare downtown treat that is quite appreciated by its tenants - especially during the winter's snowplowing operations - and that can be reflected in rents.

Speaking of which, the current occupancy is explained by the desire of the current proprietors to afford their successors added liberty in the establishment of their leases.

Sound external and internal structures; roofing to be replaced come 2027.

Sold without legal warranty.

Complete Description
Complete Description

Property features

Asking Price
$869,000
Details
With income
Year of construction
1955
Building dimensions
5 099.94 ft² (473.8 m²)
General condition
Standard
Occupation rate
67
Certificate of Location
Yes
Courtyard orientation
South-West
Number of parkings
5
Lot's municipal evaluation
$347,000
Building's municipal evaluation
$308,000
Taxes year
2022
2 Bedroom
1
4 Bedroom and more
5
Bedrooms (total)
11

External facing:

  • Brick

Foundation:

  • Cast concrete

Frame:

  • Wooden part on part

Roof:

  • Elastomer membrane

Floor coverings:

  • Hardwood

Windows:

  • Aluminium
  • Wood

Heating source:

  • Hot water
  • Oil

Features:

  • Furnace

Kitchen:

  • Wooden cabinets

Basement:

  • Separate entrance

Parking / Driveway:

  • Outside
  • Crushed Gravel

Location:

  • Near park
  • Residential area
  • Public transportation

Lot description:

  • Flat geography
  • Hedged
  • Fenced

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
  • College
  • University

Near Recreational Service:

  • Gym
  • Sportif center
  • Library
  • Museum
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment 1
Storey: Main floor
Dimensions: 18' 1" x 50' (5,50 m x 15,25 m)
Flooring: Hardwood

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Land taxes
$736.67
$8,840.00
Electricity
$43.58
$523.00
Heating
$567.33
$6,808.00
Maintenance fees
$365.08
$4,381.00
Insurance
$512.08
$6,145.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$4,383.00
$52,596.00

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.

$869,000

6 units or more for sale

836 avenue Painchaud

Saint-Sacrement Québec Rive-Nord

No. 1017779

With income
Contact the owner
Contact the owner
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