4 bedrooms
4 bathrooms
Lot dimensions 1,934 ft² (179.67 m²)

Owners’ comments

Automated translation

Thank you brokers for not contacting us for this building.

Beautiful quadruplex in the heart of Saint-Jean-Baptiste with unobstructed view of the Laurentians, without neighbours in front.

  • Enclosed inner courtyard with picnic table area, small garden.
  • Lots of storage in the rear drum (above an old stable). Each unit has a healthy (but not heated) storage space of +/- 10 feet x 15 feet. The ground floor of this structure can be transformed into a workshop.
  • Possibility of 2 parking spaces in line in the porch (a Volkswagen Golf between well).
  • Several improvements in the apartments, always very well maintained by tenants and owners over the years. The apartments are all spacious and well appointed, most have a desk in addition to a bedroom. On the ground floor there is a 4 and a half with a large living room, a kitchen/dining room, a large bedroom, an office and a bathroom. On the 1st floor there are 2 dwellings, a 3 and a half very nice and a 4 and a half which has an office/laundry room. Both have a balcony. On the 2nd floor there is a large apartment that makes the whole floor with a very large living and dining room open plan, a large bedroom, a large kitchen and a bathroom. This apartment has been converted by the former owners as their main accommodation.
  • The 2nd rooms of the 4 ½ cannot become rooms. Too small, they are ideally an office or a laundry room, storage room.
  • For homeowners with family, the ideal would be to combine the top floor and the 4 ½ of the 2nd floor. It really wouldn't be complicated.
  • We are not an occupier owner.
  • This building is in very good condition, it has always been well maintained.
  • The cellar (about 4.5 feet high to the lowest and 5 feet 10 inches high to the highest) is healthy and convenient for storing materials or tires, etc. It is crushed, heated and with storage.
  • The roof is in very good condition, an elastomeric membrane. But I don't have the year of construction.
  • Revenues of $709+$497+$649+$829 = $2684 per month. Expenses of $10173.27 (see Cost tab for detail, everything is there). Net income of $22034.73 per year, after mortgage of $401/ week (2.5%)there is $1182 remaining in profit and the building pays itself as bonuses.
Complete Description
Complete Description

Property features

Asking Price
$485,000
Details
With income
Year of construction
1925
Building dimensions
2,980 ft² (276.85 m²)
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
South
Number of parkings
2
Municipal evaluation's date
2019
Lot's municipal evaluation
$183,000
Building's municipal evaluation
$226,000
Taxes year
2018
1 Bedroom
1
2 Bedroom
3
Bedrooms (total)
4

External facing:

  • Aluminium Siding
  • Brick

Foundation:

  • Cast concrete

Roof:

  • Elastomer membrane

Floor coverings:

  • Laminate
  • Hardwood
  • Ceramic

Windows:

  • Aluminium
  • Wood

Heating source:

  • Electric

Electric system:

  • 100 amps
  • 200 amps

Features:

  • Ceiling fixtures
  • Blinds

Kitchen:

  • Wooden cabinets
  • Melamine cabinets

Bathroom:

  • Bath and shower

Basement:

  • Crawl space

Upgrades:

  • Cabinets
  • Kitchen
  • Floors
  • Plumbing
  • Painting

Parking / Driveway:

  • Underground
  • Crushed Gravel

Location:

  • Public transportation

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Bar

Near Health Services:

  • Dentist
  • Medical center

Near Educational Services:

  • Elementary school

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: Soft wood
Suite
Storey: 1st floor
Dimensions: 30' x 20' (9,14 m x 6,1 m)
Flooring: Soft wood
Suite
Storey: 1st floor
Dimensions: 30' x 30' (9,14 m x 9,14 m)
Flooring: Laminate
Suite
Storey: 2nd floor
Dimensions: 30' x 30' (9,14 m x 9,14 m)
Flooring: Hardwood

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.

$485,000

Quadruplex for sale

285-287, rue Saint-Olivier

St-Jean-Baptiste Québec Rive-Nord

No. 851816

With income
Contact the owner
Contact the owner