10 bedrooms
5 bathrooms
Lot dimensions 27.5x45.7 m (90.22x149.93 ft)

Owners’ comments

Unique business opportunity at an exceptionnal price! Commerce of tourist residences with established clientele that yields exceptional income (available upon request). Fully renovated property comprising 5 apartments (three 4 1/2, one 3 1/2 and one 5 1/2) and ample space in the basement. The four tourist residences are fully equipped (furniture, bedding, crockery, electrical appliances big and small, air conditioning, BBQ, patio and patio set). The 5 1/2 serves as the owner's apartment.


Large backyard with shed

* Windows, roofing and floors redone in recent years.

Quick sale for retirement.

Prices for quick sale according to professional evaluation

Complete Description
Complete Description

Property features

Asking Price
$275,000
Details
With income
Year of construction
1950
Building dimensions
106x40 ft (32.31x12.19 m)
General condition
Excellent
Certificate of Location
Yes
Number of parkings
12
Municipal evaluation's date
2017
Lot's municipal evaluation
$21,300
Building's municipal evaluation
$108,000
Taxes year
2017
1 Bedroom
1
2 Bedroom
3
3 Bedroom
1
Bedrooms (total)
10

External facing:

  • Aluminium Siding

Foundation:

  • Cast concrete

Frame:

  • Wooden part on part

Roof:

  • Asphalt shingle

Floor coverings:

  • Parquet

Windows:

  • PVC

Heating source:

  • Electric

Electric system:

  • 100 amps
  • 125 amps
  • 200 amps
  • 60 amps

Features:

  • Ceiling fixtures
  • Stove

Kitchen:

  • Dishwasher
  • Stove
  • Fridge

Basement:

  • None
  • Concrete

Upgrades:

  • Cabinets
  • Kitchen
  • Electrical
  • Windows
  • Insulation
  • External facing
  • 9ft ceilings
  • Floors
  • Plumbing
  • Doors
  • Bathrooms
  • Basement
  • Roof

Parking / Driveway:

  • Asphalt

Location:

  • Near park
  • Residential area

Lot description:

  • Flat geography

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank

Near Health Services:

  • Dentist
  • Health club / Spa

Near Educational Services:

  • Elementary school

Near Recreational Service:

  • Golf course
  • Library
  • ATV trails
  • Ski resort
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Suite
Storey: Main floor
Dimensions: 26' 7" x 30' (8,1 m x 9,14 m)
Flooring: Vinyl
Suite
Storey: Main floor
Dimensions: 31' 9" x 30' (9,68 m x 9,14 m)
Flooring: Vinyl
Suite
Storey: Main floor
Dimensions: 35' 6" x 30' (10,82 m x 9,14 m)
Flooring: Vinyl
Suite
Storey: Main floor
Dimensions: 36' 6" x 30' (11,13 m x 9,14 m)
Flooring: Vinyl
Suite
Storey: Main floor
Dimensions: 38' 6" x 40' (11,73 m x 12,19 m)
Flooring: Vinyl
Basement
Storey: Basement
Dimensions: 33' 6" x 100' (10,21 m x 30,48 m)
Flooring: Concrete

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$32.99
$395.89
Municipal taxes
$234.20
$2,810.43
Electricity
$332.50
$3,990.00
Insurance
$217.50
$2,610.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$3,000.00
$36,000.00

Property transfer duties

In Quebec, the property transfer duties is a tax that all municipalities must collect from the new owner (buyer) of a property.

$

How to buy this property

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Did you know?

Whether you purchase a property from a homeowner or from a broker, the steps involved and the legal implications are the same. You’ll see that buying without an intermediary has many advantages!

Can I afford to buy this property?

Prior to visiting a property, you should verify whether you have the means to purchase it by meeting with a financial advisor. Don’t forget, you must have enough money to cover both a down payment and the expenses related to the transaction (notary, property transfer duties, etc.).

Is this property right for me?

Consult the listing to determine whether the property features meet your needs. If necessary, communicate with the homeowner to obtain additional information. You may then make an appointment with the homeowner for a visit and prepare a list of questions to ask him.

Do I need to conduct a property inspection?

Verifying the condition of the property prior to purchasing it is a good precaution to take. In order to do so, you can hire a home inspector. He will intervene at a later date. Be prepared to add the inspection conditions to the offer to purchase.

How much should I offer?

Easily familiarize yourself with the market by visiting DuProprio.com and by verifying the price that comparable properties in the area have sold for. You’ll get a better idea of how much you should offer. You can also hire a licensed appraiser.

FBD300AC-7746-4E68-A20C-3F23471BB772
How do I proceed with an offer to purchase?

Have a discussion with the homeowner in order to come to an agreement on the price, the conditions of the sale and the possession date. You can then complete the offer to purchase form.

Thanks to DuProprio, the seller benefits from a legal assistance service and can ask their legal questions in order to properly complete the document.

The sale will be sealed with a notary, but until then, nothing prevents you from consulting a notary to write-up an offer to purchase. Once the deed of sale is drafted, you will be the new homeowner!

Documents - Offer to purchase and counteroffer

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$275,000

Quintuplex for sale

No. 777644

With income
Contact the owner
Contact the owner