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
PERFECT LOCATION-CENTER OF GRIFFINTOWN
These incredible commercial spaces will be located on the ground floor of a luxury rental condo building in the heart of Griffintown and in the center of the action!
The spaces of 1,918 ft², 9,136 ft², and 8,562 ft², all offer 15" ceiling height and excellent visibility on the main roads of Peel or Ottawa, and all suites offer access to the loading docks.
Very close proximity to highway 10, highway 720, and the Lachine Canal put these spaces in an ideal location for any business. Located only a stone's throw away from other popular districts like Cité Multimedia, Old Port, Little Burgundy, and Pointe-Saint-Charles.
SEE BROCHURE FOR DETAILS