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.
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.
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?
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.
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!
See our All about buying section.
Landlord’s comments
IF IT'S STILL POSTED, IT'S AVAILABLE!!!!!!!!!!!!!!!!!!!!!!!!!!
Commercial premise for rent, with an area of almost 3600 square feet, located 400m from Fleury hospital, a good place for business.
Price: $24/YEAR/PC or $6600 for all premise
Possibility of renting 50% of the space only.
FIRST MONTH FREE FOR INSTALLATION AND WORK
Suitable for multiple businesses, banks, medical clinics, restaurants, performance halls, community centers, restaurants, etc....
Places of worship not accepted by the city of Montreal, but community centers accepted.
Access to a rear terrace and also to a dead end lane which can be used for parking for a few cars only. Otherwise, on-street parking is free on rue Fleury and surrounding streets.
Possibility to rent storage space in the basement (3000 sqf of space available for storage for $20 sf/year - My second ad)
Central heating available (Blown air)
Metro gas entrance available for those who want to use gas.