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Lot dimensions 1 223.86 ft² (113.7 m²)

Owners’ comments

Real business opportunity and safe bet.

Beautiful commercial building with restaurant on the ground floor, 2 studios, an apartment and a very large loft, all with private bathrooms for short-term tourist rental (duvet and coffee permit). The owner must occupy one of the units of his choice.

Everything has been redone tastefully in 2017-2018.

3 units have direct access to the galleries at the rear of the building which have been redone. A heat pump installed for 1 year allows air conditioning and heating for all units.

The houses generate very good income.

Possibility of adding a roof terrace with a permit from the city.

The price includes the restaurant whose specialty is the cuisine of Morocco and the world, its goodwill.

The restaurant has been open for 8 years and now generates excellent profits.

Reason for the sale: retirement.

Complete Description
Complete Description

Property features

Asking Price
$1,350,000
Details
With equipment
Year of construction
1872
Number of commercial units
1
Building dimensions
1 223.86 ft² (113.7 m²)
General condition
Very good
Certificate of Location
Yes
Franchise
No
Municipal evaluation's date
2016
Lot's municipal evaluation
$104,000
Building's municipal evaluation
$406,000

Bathroom:

  • Separate Shower

External facing:

  • Brick
  • Stone

Floor coverings:

  • Concrete
  • Laminate
  • Ceramic

Roof:

  • Elastomer membrane

Windows:

  • Wood

Heating source:

  • Electric
  • Thermo-pump

Electric system:

  • 200 amps
  • Breakers panel

Features:

  • Air Conditioning
  • Laundry room
  • Cold Room
  • Kitchen
  • Fire Detector
  • External Lighting
  • Outside Sign
  • Lights
  • Ground Door
  • Restaurant
  • Curtains
  • Shower room
  • Bathroom
  • Main floor laundry
  • Blinds
  • Blinds and/or Curtains
  • Network Cabling
  • Telephone System
  • Window coverings
  • Ceiling fixtures

Near Tourist Services:

  • National Park
  • Hotel
  • Port / Marina
  • Car Rental

Basement:

  • Totally finished
  • Concrete

Upgrades:

  • Addition
  • Cupboards
  • Heating
  • Kitchen
  • Electricity
  • Insulation
  • Crown moulding
  • 9ft ceilings
  • Floors
  • Plumbing
  • Doors
  • Bathrooms
  • Roof

Zoning:

  • Restaurant
  • Retail sale

Location:

  • Near park
  • Public transportation
  • Near schools
  • Close to all services

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Financial institution
  • Restaurant
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health / spa Center

Near Educational Services:

  • College

Near Recreational Services:

  • Library
  • Museum

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment 2
Storey: 2nd floor
Dimensions: 17' 3" x 27' 9" (5,25 m x 8,45 m)
Flooring: Laminate
Apartment 3
Storey: 2nd floor
Dimensions: 11' 6" x 17' 3" (3,50 m x 5,25 m)
Flooring: Laminate
Bathroom
Storey: 2nd floor
Dimensions: 5' 7" x 6' 1" (1,70 m x 1,85 m)
Flooring: Ceramic
Bathroom
Storey: 2nd floor
Dimensions: 6' 1" x 6' 7" (1,85 m x 2 m)
Flooring: Ceramic
Apartment 1
Storey: 3rd floor
Dimensions: 17' 3" x 32' 10" (5,25 m x 10 m)
Flooring: Laminate
Bathroom
Storey: 3rd floor
Dimensions: 4' 9" x 5' 7" (1,45 m x 1,70 m)
Flooring: Ceramic
Bathroom
Storey: 3rd floor
Dimensions: 4' 9" x 8' 6" (1,45 m x 2,60 m)
Flooring: Ceramic
Loft
Storey: 3rd floor
Dimensions: 11' 6" x 18' 4" (3,50 m x 5,60 m)
Flooring: Laminate

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.

$1,350,000

Commercial building for sale

No. 818917

With equipment
Contact the owner
Contact the owner
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