3 bedrooms
2 bathrooms
Lot dimensions 229.5 m² (2 470.32 ft²)

Owners’ comments

Automated translation

Duplex well located easy to rent. Ideal as a first investment or for owner occupying. A 4 ½ on the ground floor and a 3 ½ on the floor. Fully rent until June 2020. Very good tenant.

Several renovations concrete sole+insulation +basement finish. Roof 2017 floor coverings changed in the 2 housing. 3 windows replaced. Renovated kitchen cabinet in the 2 dwellings. Renovated bathroom. Water heater 2016 and 2017. Bathroom floor June 2019.

4 ½ for homeowner occupancy costs $500 per month, with a 5% down payment, cheaper than rent.

Revenues of $1,115 per month. 4 ½ to $630 per month, unheated unlit, and 3 ½ to $485 unheated and unlit. Very profitable, do the math! Make it fast and do not miss this opportunity, rare on the market at this price.

Large parking lot.

Mortgage cost with 5% down payment of $7450 and 3.50% rate $706.72 plus expenses of $280.23 = $986.95 $1115

revenue-expenses $986.95 = $128.05 per month.

Price $10,000 under municipal evaluation

Quick takeover possible.

Complete Description
Complete Description

Property features

Asking Price
$147,000
Style
Ancestral
Details
Quick occupancy possible
Year of construction
1889
Building dimensions
1 000 ft² (92.90 m²)
General condition
Standard
Certificate of Location
Yes
Courtyard orientation
South
Number of parkings
4
Municipal evaluation's date
2019
Lot's municipal evaluation
$63,100
Building's municipal evaluation
$94,800
1 Bedroom
1
2 Bedroom
1

External facing:

  • Vinyl Siding

Foundation:

  • Cast concrete
  • Rock

Roof:

  • Asphalt shingle

Floor coverings:

  • Laminate
  • Ceramic

Windows:

  • Wood
  • PVC

Heating source:

  • Electric

Electric system:

  • 100 amps

Kitchen:

  • Melamine cabinets

Bathroom:

  • Bath and shower

Basement:

  • Partially finished

Upgrades:

  • Cabinets
  • Electrical
  • Windows
  • Insulation
  • Floors
  • Plumbing
  • Basement
  • Roof
  • Foundation

Location:

  • Near park

Lot description:

  • Flat geography

Near Commerce:

  • Supermarket
  • Drugstore
  • Restaurant
  • Shopping Center

Near Health Services:

  • Hospital

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School
  • College

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bathroom
Storey: Main floor
Dimensions: 5' x 8' (1,52 m x 2,44 m)
Flooring: Ceramic
Bedroom 1 (Master)
Storey: Main floor
Dimensions: 10' x 11' (3,05 m x 3,35 m)
Flooring: Laminate
Kitchen
Storey: Main floor
Dimensions: 10' x 10' (3,05 m x 3,05 m)
Flooring: Laminate
Living room
Storey: Main floor
Dimensions: 10' x 11' (3,05 m x 3,35 m)
Flooring: Laminate
Suite
Storey: 2nd floor
Dimensions: 20' x 24' (6,1 m x 7,32 m)
Flooring: Laminate
Bedroom 2
Storey: Basement
Dimensions: 10' x 11' (3,05 m x 3,35 m)
Flooring: Ceramic
Storage space
Storey: Basement
Dimensions: 9' x 16' (2,74 m x 4,88 m)
Flooring: Concrete

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$20.00
$240.00
Municipal taxes
$176.90
$2,122.82
Maintenance fees
$33.33
$400.00
Insurance
$50.00
$600.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$1,115.00
$13,380.00

Property transfer duties

In Quebec, the property transfer duties is a tax that all municipalities must collect from the new owner (buyer) of a property.

$

How to buy this property

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Did you know?

Whether you purchase a property from a homeowner or from a broker, the steps involved and the legal implications are the same. You’ll see that buying without an intermediary has many advantages!

Can I afford to buy this property?

Prior to visiting a property, you should verify whether you have the means to purchase it by meeting with a financial advisor. Don’t forget, you must have enough money to cover both a down payment and the expenses related to the transaction (notary, property transfer duties, etc.).

Is this property right for me?

Consult the listing to determine whether the property features meet your needs. If necessary, communicate with the homeowner to obtain additional information. You may then make an appointment with the homeowner for a visit and prepare a list of questions to ask him.

Do I need to conduct a property inspection?

Verifying the condition of the property prior to purchasing it is a good precaution to take. In order to do so, you can hire a home inspector. He will intervene at a later date. Be prepared to add the inspection conditions to the offer to purchase.

How much should I offer?

Easily familiarize yourself with the market by visiting DuProprio.com and by verifying the price that comparable properties in the area have sold for. You’ll get a better idea of how much you should offer. You can also hire a licensed appraiser.

FBD300AC-7746-4E68-A20C-3F23471BB772
How do I proceed with an offer to purchase?

Have a discussion with the homeowner in order to come to an agreement on the price, the conditions of the sale and the possession date. You can then complete the offer to purchase form.

Thanks to DuProprio, the seller benefits from a legal assistance service and can ask their legal questions in order to properly complete the document.

The sale will be sealed with a notary, but until then, nothing prevents you from consulting a notary to write-up an offer to purchase. Once the deed of sale is drafted, you will be the new homeowner!

Documents - Offer to purchase and counteroffer

$147,000

Duplex for sale

No. 849695

Quick occupancy possible
Contact the owner
Contact the owner