3510 rue de la Montagne 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.
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.
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Original comments
This boutique style building is located in the heart of the historic Golden Square Mile district. The Golden Square Mile neighborhood was mainly developed during the Victorian era and was then the most prosperous neighborhood in Montreal. This neighborhood is home to numerous historic homes, the famous Ritz-Carlton Hotel, McGill University, and several cultural attractions such as the McCord Museum, the Montreal Museum of Fine Arts, and the Redpath Museum. Berkshire offers spacious 3½ and 4½ units, a modern exercise room, an outdoor terrace, individual storage spaces and indoor parking. All suites have large windows, which provide plenty of natural light. The renovated suites have air conditioning, granite kitchen counters, washer/dryers, dishwashers, stoves and ovens, and refrigerators. Berkshire's exceptional location in downtown Montreal offers its residents proximity to lively Sainte-Catherine Street, the Bell Center, restaurants and public transportation, while maintaining a bit…