5495-5497 Rue Paré Mont-Royal Montréal / l'Île
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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.
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
Prime Industrial Space for Lease -- Rare Opportunity Near Décarie (Highway 15)
Unlock the potential of this 8,000 sq. ft. industrial space featuring a 21ft clear ceiling height, 1 private loading dock, and 2 shared loading docks. Ideally situated steps from Namur Metro Station and just 15 minutes from Downtown Montreal, this location provides exceptional accessibility and convenience for your business operations.
Benefit from abundant natural light, generous parking, and the flexibility to customize the space to suit your needs. Perfect for businesses looking for premium warehouse space in a high-demand area near Décarie Highway (Highway 15).
Don't miss this rare opportunity -- book your visit today! Cell: 514 815 6086