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.
Annual and Monthly costs
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.
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?
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.
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!
See our All about buying section.
Owners’ comments
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Original comments
Large 32' X 32' duplex on a large lot of over 7,000 square feet. Main unit on 2 floors; ground floor and 1st floor. On the ground floor; large open concept kitchen, dining room and living room, powder room with washer/dryer and office upon entering. Upstairs; large bathroom and 3 large bedrooms including master bedroom with outdoor balcony and view of Quebec City. Air conditioning, heat pump, air exchanger and central vacuum.
Large 4 1/2 apartment in the basement currently rented for $1,000/month heated/lit, very bright, large kitchen with island, dining room, bathroom with washer/dryer, air exchanger.
Large parking lot, 2 10' X 12' sheds, balconies on 2 floors in fibreglass and aluminum and large concrete slab in the backyard with fireplace.
Grand duplex 32' X 32' sur grand terrain de plus de 7 000 pieds carrés. Logement principal sur 2 étages; rez-de-chaussée et 1er étage. Au rez-de-chaussée; grande cuisine, salle à manger et salon à aire ouverte, salle d'eau avec laveuse/sécheuse et bureau en entrant. À l'étage; grande salle de bain et 3 grandes chambres dont chambre principale avec balcon extérieur et vue sur la ville de Québec. Climatisation, thermopompe, échangeur d'air et aspirateur central.
Grand logement 4 1/2 au sous-sol présentement loué 1 000$/mois chauffé/éclairé, très éclairé, grande cuisine avec îlot, salle à manger, salle de bain avec laveuse/sécheuse, échangeur d'air.
Grand stationnement, 2 cabanons 10' X 12', balcons sur 2 étages en fibre de verre et aluminium et grande dalle de béton dans la cour arrière avec foyer.