4 bedrooms
2 bathrooms
Lot dimensions 179.6 m² (1 933.20 ft²)

Owners’ comments

Automated translation

Duplex very well located in Saint-Émile. Walking distance to schools. The apartments are rented in a few days each time, a sought after area.

Apartments and building very well renovated by contractor. Insulated and healthy basement, it was completely repaired 3 years ago. Lots of storage. The two 4 1/2 are of equivalent size, with different layout. The rooms are large and clear.

Both apartments are occupied, tenants have renewed their lease until June 30, 2020.

The dwellings are heated and lit and an oil furnace keeps the basement warm in winter (a tank at $600-700 is good for 2-3 winters).

The renovation works are almost completed (we finish the exterior in June), all you have to do is maintain it. Perfect for a first investment, this building is profitable: Profit from $900 to $2,000 per year depending on the work and maintenance to be done. A profitability calculation will be presented to you .

PS. Thank you brokers for not contacting us for this building.

Complete Description
Complete Description

Property features

Asking Price
$179,500
Details
With income
Year of construction
1957
Building dimensions
900 ft² (83.61 m²)
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
East
Number of parkings
2
Municipal evaluation's date
2019
Lot's municipal evaluation
$56,000
Building's municipal evaluation
$82,000
Taxes year
2018
2 Bedroom
2
Bedrooms (total)
4

External facing:

  • Vinyl Siding

Foundation:

  • Cast concrete
  • Rock

Roof:

  • Elastomer membrane

Floor coverings:

  • Laminate
  • Ceramic

Windows:

  • PVC

Heating source:

  • Electric

Electric system:

  • 200 amps

Kitchen:

  • Wooden cabinets

Bathroom:

  • Bath and shower

Basement:

  • Partially finished

Upgrades:

  • Cabinets
  • Kitchen
  • Floors
  • Plumbing
  • Bathrooms
  • Painting
  • Foundation

Parking / Driveway:

  • Asphalt

Location:

  • Public transportation

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant

Near Health Services:

  • Dentist

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school

Near Recreational Service:

  • Golf course
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Suite
Storey: Main floor
Dimensions: 30' x 30' (9,14 m x 9,14 m)
Flooring: Laminate
Suite
Storey: 1st floor
Dimensions: 30' x 30' (9,14 m x 9,14 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$13.33
$160.00
Municipal taxes
$172.56
$2,070.72
Electricity
$221.67
$2,660.00
Heating
$25.00
$300.00
Insurance
$71.75
$861.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$1,335.00
$16,020.00

Property transfer duties

In Quebec, the property transfer duties is a tax that all municipalities must collect from the new owner (buyer) of a property.

$

How to buy this property

Found your dream home? Here’s a summary of steps to follow to become a homeowner. For detailed information, click here:

Buy on DuProprio.com
Did you know?

Whether you purchase a property from a homeowner or from a broker, the steps involved and the legal implications are the same. You’ll see that buying without an intermediary has many advantages!

Can I afford to buy this property?

Prior to visiting a property, you should verify whether you have the means to purchase it by meeting with a financial advisor. Don’t forget, you must have enough money to cover both a down payment and the expenses related to the transaction (notary, property transfer duties, etc.).

Is this property right for me?

Consult the listing to determine whether the property features meet your needs. If necessary, communicate with the homeowner to obtain additional information. You may then make an appointment with the homeowner for a visit and prepare a list of questions to ask him.

Do I need to conduct a property inspection?

Verifying the condition of the property prior to purchasing it is a good precaution to take. In order to do so, you can hire a home inspector. He will intervene at a later date. Be prepared to add the inspection conditions to the offer to purchase.

How much should I offer?

Easily familiarize yourself with the market by visiting DuProprio.com and by verifying the price that comparable properties in the area have sold for. You’ll get a better idea of how much you should offer. You can also hire a licensed appraiser.

FBD300AC-7746-4E68-A20C-3F23471BB772
How do I proceed with an offer to purchase?

Have a discussion with the homeowner in order to come to an agreement on the price, the conditions of the sale and the possession date. You can then complete the offer to purchase form.

Thanks to DuProprio, the seller benefits from a legal assistance service and can ask their legal questions in order to properly complete the document.

The sale will be sealed with a notary, but until then, nothing prevents you from consulting a notary to write-up an offer to purchase. Once the deed of sale is drafted, you will be the new homeowner!

Documents - Offer to purchase and counteroffer

$179,500

Duplex for sale

1565-1569 avenue Lapierre

St-Émile Québec Rive-Nord

No. 851817

With income
Contact the owner
Contact the owner