Lot dimensions 7,612 ft² (707.18 m²)

Owners’ comments

Automated translation

  • Waiting. In the buying process.

Your dream project with income awaits you. Ideal location for a construction of your choice: single-family, duplex or triplex. The land is located on a natural elevation offering a panoramic view of all of Quebec City. (Remaining land of this type is very rare in Quebec.) Complete plans for the construction of a high-end triplex are available and included in the price. Any subsequent changes will be the responsibility of the purchasers.

Specific particularities:

  • The excavation, the foundation and the structure of the building must be carried out by (Construction T. Ouellet). Everything else, except for the foundation, can be chosen according to your preference as a contractor
  • .
  • A construction credit of $50,000 must be included in the financing plan based on the price of the land upon acquisition, which reduces the total financing cost to $310,000.

· Another important noteworthy point about the price is that the sale is non-taxable, as it is owned by staff and not by a business.

The initial planned project was for a high-end triplex with an integrated garage for owner occupants, but nothing prevents you from building a single-family home or a duplex, of your choice.

Triplex project (land + architectural plans) on rue des Élans, in a quiet neighborhood in the borough of Haute-Saint-Charles, in Quebec City (lot 6510002) (1320-1330 rue des Élans). No demolition is necessary. The time for obtaining a permit from the city is approximately 30 to 60 days. The project is already pre-approved and has been revised; all that remains is to confirm the changes requested by the purchaser as required before submitting the final plans for approval

.

Municipal services, such as sewers and water, are available. This zone allows multi-family uses of up to 3 units. The land has an area of 7,612 sq.ft. The project involves the construction of a triplex and 4 parking spaces. The details of the accommodations are as follows:

  • Housing 1320 (ground floor & main floor): 28ft2 X 40ft2. Housing on 2 floors of 2240 sq.ft. living space, including 3 bedrooms (1 on the main floor, 2 in the basement
  • ).
  • Housing 1320-A (upper level, floor): 28ft2 X 40ft2. Independent entrance, 1120 sq.ft. living space, 2 bedrooms. Very large 4 ½ with an unobstructed view of all of Quebec City
  • .
  • Main accommodation 1330 (owner's side): 30ft2 X 40ft2. 3600ft² living space, 5 bedrooms, 3 bathrooms, on 3 floors.

The original plan was carefully designed to be a high-end triplex project for a homeowner, with 10-foot ceilings and generous dimensions, offering enough space to accommodate a large family. This project is distinguished by its hillside location, on the highest point in Val-Bélair, with the facade facing north and the backyard facing south, offering a breathtaking view of all of Quebec City. You can see from Île d'Orléans to the Pierre-Laporte bridge, not to mention the view of the airport. The sun stays on the owner's side at all times of the day, allowing summer to be fully enjoyed.

The sale price includes:

  • The land with an area of 7,612 sq.ft.
  • The complete plans of the triplex, signed by the architectural firm and approved by Quebec City.
  • The site plans.

For more documentation and information, please contact us.

The selling price does not include the cost of the city permit, to be paid when the plans are approved for the permit application. Any changes to the plans will be the responsibility of the buyer.

The projected potential income is approximately $2,550/month for the large 2-storey unit with integrated garage and separate entrance, and approximately $1,650/month for the large 4 ½. This represents an annual income of approximately $50,000 in passive income. All while enjoying the luxury of a high-end home without depriving yourself of the passive income that an apartment building can offer

.

The land can be financed with 25% of a down payment in conventional financing.

Construction can be financed with CMHC, with only 15% down payment on the total cost of the project and based on the projection of future revenues. Please consult your bank for a financing analysis.

Complete Description
Complete Description

Property features

Asking Price
$260,000
Details
With income
Courtyard orientation
South
Lot's municipal evaluation
$173,000

Lot description:

  • Panoramic view
  • building lot

Soil:

  • Gravel
  • Sand
  • Black soil

Location:

  • Highway access
  • Near park
  • Residential area
  • Public transportation

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant

Near Health Services:

  • Dentist
  • Medical center

Near Educational Services:

  • Day nursery
  • Kindergarten
  • Elementary school
  • High School

Near Recreational Services:

  • Gym
  • Sportif center
  • Library
  • ATV trails

Complete list of property features

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.

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.

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$260,000

Residential Lot for sale

1320 rue des Élans Val-Bélair Québec Rive-Nord

No. 1096548

With income
Contact the owner Select the desired contact option among those that have been activated:
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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 Select the desired contact option among those that have been activated:
Send a message
Phone

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.