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
This retail commercial space is on the ground floor of a luxury condo rental project, Immediate occupancy. The development comprises three phases for a total of 725 residential units facing CAMPUS MIL of UdeM housing 4 faculty science departments.
- Ground floor space of 11,033 square feet, or divided to offer 3, 046 ft² or 6, 394 ft²
- Basement-commercial storage 3,745 square feet
- 1 loading dock with 14' clearance height
- Ceiling height of 15'
- Ceiling glass façade
- Space for administration office
- Pre-plumbing for washrooms
Located in a new lively neighborhood currently in development with future residential projects to come for a total of 5000 units.Nestled in New Outremont and surrounded the renowned districts of Town of Mount Royal, Mile-End, and Parc-Extension, the easy access opens its doors wide and drives traffic to this entire community and those surrounding it.
- Walking distance from Acadie and Outremont metro stations and public transportation
- High pedestrian traffic and excellent visibility even from the main streets surrounding the complex
- Strategic location at the foot of the Campus MIL catwalk
SEE BROCHURE FOR DETAILS