5 bedrooms
Lot dimensions 134x56 ft (40.84x17.07 m)

Owners’ comments

Automated translation

INVESTMENT OPPORTUNITY IN MINGANIE | with income - several possibilities

Located in Havre-Saint-Pierre in the heart of the Mingan Archipelago, the Gîte 4 Saisons has built up a solid reputation and a notable turnover thanks to its well-established business clientele and the growing tourist industry faithful to the appointment every year. Its annual revenue has averaged $75,000 and more over the past 5 years. An increase in revenues is possible by slightly increasing room rates, which have remained unchanged for 5 years. Possibility of annual income of $100,000 or more.

With its classification 4 suns, the Gîte 4 saisons has become a must for visitors to Minganie. After 23 years of operation, however, it became time for the owners to pass the torch.

The cottage is fully furnished and comprises 5 bedrooms with private bathroom as well as living room and kitchen. A single family home is also attached to the cottage and includes a 4 ½ unit on the ground floor and a 3 ½ unit in the basement. Everything is completely furnished (bedding included). To receive additional income, the accommodation can be converted into a tourist residence .

OTHER ATTRIES

  • A few steps from the sea
  • Close to all amenities, including marine services
  • Sold turnkey with starting support for new owners
  • Active member of Tourisme Côte-Nord
  • Opportunity to become your own boss
  • Peaceful and attractive lifestyle
Complete Description
Complete Description

Property features

Style
Rural
Asking Price
$265,000
Details
With income
Year of construction
1996
Number of commercial units
5
Building dimensions
26x80 ft (7.92x24.38 m)
General condition
Very good
Certificate of Location
No
Number of parkings
7
Company
Gîte 4 saisons
Franchise
No
In operation since
1996
Municipal evaluation's date
2019
Lot's municipal evaluation
$19,500
Building's municipal evaluation
$250,500
Annual incomes
$78,000
Taxes year
2019

Foundation:

  • Cast concrete

Bathroom:

  • Bath and shower
  • Separate Shower

Frame:

  • Wooden dunnage

External facing:

  • Vinyl Siding

Floor coverings:

  • Laminate
  • Ceramic

Roof:

  • Asphalt shingle
  • Elastomer membrane

Windows:

  • PVC

Heating source:

  • Electric

Electric system:

  • 200 amps

Upgrades:

  • Windows
  • Insulation
  • Floors

Parking / Driveway:

  • Asphalt
  • Outside

Soil:

  • Sand

Location:

  • Residential area
  • Water view
  • Near schools
  • Close to all services

Lot description:

  • Flat geography
  • Ocean view
  • Fenced
  • Corner lot
  • Patio/deck
  • Plane

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Financial institution
  • Restaurant
  • Shopping Center

Near Health Services:

  • Hospital
  • Dentist

Near Educational Services:

  • Elementary school

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bedroom 3
Storey: Main floor
Dimensions: 11' x 25' (3,35 m x 7,62 m)
Flooring: Laminate
Bedroom 4
Storey: Main floor
Dimensions: 10' 6" x 11' (3,2 m x 3,35 m)
Flooring: Laminate
Bedroom 5
Storey: Main floor
Dimensions: 11' x 18' (3,35 m x 5,49 m)
Flooring: Laminate
Office front
Storey: Main floor
Dimensions: 10' x 14' (3,05 m x 4,27 m)
Flooring: Ceramic
Bedroom 1 (Master)
Storey: 1st floor
Dimensions: 10' 6" x 16' (3,2 m x 4,88 m)
Flooring: Laminate
Bedroom 2
Storey: 1st floor
Dimensions: 14' x 16' (4,27 m x 4,88 m)
Flooring: Laminate
Dining Room / Kitchen
Storey: 1st floor
Dimensions: 12' x 16' (3,66 m x 4,88 m)
Flooring: Laminate
Great room
Storey: 1st floor
Dimensions: 14' x 16' (4,27 m x 4,88 m)
Flooring: Laminate
Apartment 1
Storey: Basement
Dimensions: 24' x 36' (7,32 m x 10,97 m)
Flooring: Laminate
Apartment 2
Storey: Upper Level
Dimensions: 24' x 36' (7,32 m x 10,97 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Municipal taxes
$207.00
$2,484.00
School taxes
$46.00
$552.01
Electricity
$153.57
$1,842.88
Water taxes
$37.50
$450.00
Insurance
$115.42
$1,385.00

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.

$

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.

1
Financing

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.

2
Offer to purchase

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?

Documents to download

3
Conditions of purchase

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.

4
Property transfer

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!

More details on these steps

See our All about buying section.

$265,000

Tourist lodging for sale

No. 836539

With income
Contact the owner
Contact the owner