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
Located at the corner of the busy streets of Beaumont and de l'Épée, this building offers great visibility and accessibility. Near the new Campus MIL of Université de Montréal which promises to be both green and urban, this building will benefit from this centre of creative and innovative collaboration for students, researchers, workers, artists and citizens. Subject to major renovations to the common areas, the suites will eventually be entirely converted into loft-style office spaces.
Strategic location in the heart of the Island
-At the intersection of some of Montreal's most dynamic neighbourhoods: Mile-End, Outremont, Parc Extension and Rosemont
- Many trendy cafés and restaurants in the area
- 2 minutes walk to Acadie or Parc metro station
- Multiple spaces available
- Ideal location for tech companies who want to have their offices in an AI hub area
SEE BROCHURE FOR DETAILS
For more information or to schedule a visit, please contact Véronik Bastien at 514-723-3778 or by email vbastien@mondev.com.