10 bedrooms
7 bathrooms
7 half baths
Lot dimensions 3 084.94 ft² (286.6 m²)

Owners’ comments

Automated translation

7-unit apartment building in the Saint-Jean-Baptiste district of Quebec.

Discover this unique real estate investment opportunity in the popular Saint-Jean-Baptiste district, a few steps away from Old Quebec and near the famous Saint-Jean and Saint-Louis gates. This building, composed of two buildings on a single lot, offers exceptional income potential.

The building has recently undergone numerous renovations, including a new roof, electrical and plumbing work, and improvements to the brick walls and windows. So you can invest with confidence, knowing that these improvements contribute to the quality and long-term value of the property.

The potential gross income of this building is $93,660. The current housing distribution is as follows:

4 1/2 - $1,100 (rented)
3 1/2 - $860 (rented)
2 1/2 - $750 (rented)
Studio - $575 (rented)
Grand loft - $1,800 (rented)
2 1/2 - $970 (rented)
2 1/2 - $950 (rented)
Large garage - $300 (rented from current owner) Storage
rooms - $500 (rented from current owner)

Electricity and heating costs are borne by the tenants, while hot water is provided.

Don't miss this opportunity to own an apartment building in an ideal location, with attractive income potential.

Note: due to the age of the buildings, we sell without legal warranty.

Complete Description
Complete Description

Property features

Asking Price
$1,215,000
Style
Ancestral
Details
New price
Year of construction
1886
Building dimensions
286.6 ft² (26.63 m²)
General condition
Very good
Certificate of Location
Yes
Number of parkings
1
Municipal evaluation's date
2020
Lot's municipal evaluation
$237,000
Building's municipal evaluation
$448,000
Taxes year
2023
Studio
3
1 Bedroom
1
2 Bedroom
1
Loft(s)
2

External facing:

  • Brick
  • Stucco

Foundation:

  • Cast concrete
  • Rock

Roof:

  • Elastomer membrane
  • Sheet with rods

Floor coverings:

  • Laminate
  • Hardwood
  • Marble
  • Carpet

Windows:

  • Wood
  • PVC

Heating source:

  • Wood stove
  • Electric
  • Thermo-pump

Features:

  • Laundry room
  • Central air
  • Fireplace
  • Blinds
  • Alarm system

Basement:

  • Crawl space

Upgrades:

  • Heating
  • Electrical
  • Windows
  • External facing
  • Floors
  • Plumbing
  • Doors
  • French doors
  • Bathrooms
  • Roof
  • Painting
  • Half bath

Garage:

  • Finished
  • Heated
  • Insulated
  • Triple or more
  • Garage door opener

Parking / Driveway:

  • Concrete
  • Underground

Location:

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

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School

Near Recreational Service:

  • Gym
  • Sportif center
  • Library
  • Museum
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bedroom 1 (Primary)
Storey: 3rd floor
Dimensions: 11' x 17' (3,35 m x 5,18 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.

$1,215,000

6 units or more for sale

704 rue Saint-Olivier

Vieux-Québec Québec Rive-Nord

No. 1041842

New price
Contact the owner

Are you a real estate agent?

This person is registered on the National Do Not Call List (DNCL).

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

Are you a real estate agent?

This person is registered on the National Do Not Call List (DNCL).

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.