Lot dimensions 29 680 ft² (2 757.36 m²)

Owners’ comments

Automated translation

Large lot in downtown Magog. (29,680 square feet, including 227 feet of facade on a main artery, Sherbrooke Street).

500 m from the city centre.

Multiple access on 3 streets (Sherbrooke, Fontaine and Brassard).

Complete Description
Complete Description

Property features

Asking Price
$785,000
Details
Price taxes not included
Certificate of Location
Yes
Municipal evaluation
$466,600
Courtyard orientation
South-West
Municipal evaluation's date
2019
Lot's municipal evaluation
$466,600
Taxes year
2021

Zoning:

  • Bar
  • Office
  • Storage
  • Wholesaler
  • Restaurant
  • Services
  • Retail sale

Lot description:

  • Flat geography
  • Corner lot
  • Aqueduct
  • electricity
  • sewer
  • building lot

Soil:

  • Gravel

Location:

  • Highway access

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health Center (spa / massage)

Near Educational Services:

  • Day nursery
  • Kindergarten
  • Elementary school
  • High School

Near Recreational Services:

  • Golf resort
  • Gym
  • Sportif center
  • Library
  • Ski resort
  • Cycling path

Near Tourist Services:

  • National Park
  • Hotel
  • Port / Marina
  • Car Rental

Complete list of property features

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.

$785,000

Commercial Lot for sale

426 rue Sherbrooke

Magog Estrie

No. 950503

Price taxes not included
Contact the owner
Contact the owner