305-1245 Rue Sherbrooke O Ville-Marie (Centre-Ville et Vieux-Montréal) 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.
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.
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Landlord’s comments
#305
Luxury Studio All Inclusive in Downtown Steps from McGill
Rent: $1,950/month for a 12-month lease
Promotion: 1 month free on a 13-month lease (price already reflects promo)
Move-in date: After August 15
Inclusions:
All appliances (Fridge, Stove, Oven, Microwave, Dishwasher, Washer & Dryer), Electricity, Heating, Air Conditioning, High-Speed Internet, Curtains, and Light Fixtures.
Building Features:
24/7 Concierge, Rooftop Terrace, Coworking Space, Lounge with Kitchen, Spa (Hot Bath, Cold Plunge, Finnish Sauna, Salt Wall), Gym & Yoga Studio
Prime location:
5-min walk to McGill, near shops, cafés, museums, 3 metro stations, highways & Bixi
Contact me at 514-815-6086 to book your visit today!