2 bedrooms
1 bathroom
Lot dimensions 453.6 m² (4,882.51 ft²)

Owners’ comments

Automated translation

Exceptional location in the center of old Saint-Lambert!!!

HUITPLEX: 7 housing units and a commercial space, located in the center of the village of Saint Lambert and close to all services. The building is located close to the commuter train, shops, grocery store, bank and pharmacy, restaurants, sports center and library.

Key Features:

Revenues (2018-19): $85,148Potential income: $88,000

The units are divided as follows:

  • 1 x 3 1/2
  • 6 X 4 1/2,
  • 1 X 5 1/2.

Current tenants are reliable, quiet, kind and respectful

The units are heated by a central furnace (natural gas) with hot water calorifers.

Storage spaces and laundry in the basement.

This 1950s building has retained its character and has undergone significant improvements over the past five years. The terrazzo floors and skylights give it a special character. The floors of the original hardwood apartments and water heating add to the comfort and style of the apartments.

Renovations carried out:

Roof:

  • The roof was completely redone (structure and slope, insulation, white Soprema membrane) in 2015.
  • 10 year warranty.
  • The work was done using plans and specifications and supervised by a specialist technician.

The building built in the 1950s is extremely solid and straight.

Windows and doors:

  • New double-sash windows were installed in 2015
  • The rear doors of the dwellings were changed in 2015.

Kitchen and bathrooms

  • Installation of kitchen and bathroom fans 2014-2015.
  • Kitchens and bathrooms renovated over time

Electric panels

  • Electrical circuit breaker panels were installed in each dwelling in 2014

Revenues and operating costs:

  • Gross Revenues (2018-2019) ? $83,148
  • Electricity (service): (2018) ? $640
  • Heating (Energir): (2018 5 905$
  • Municipal Taxes [2018]: ?$13,337
  • School Taxes [2018]: ? $1,471
  • Insurance [2018]: ? $4,632

Complete Description
Complete Description

Property features

Asking Price
$1,370,000
Style
Link
Details
By appointment
Year of construction
1954
General condition
Excellent
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
South-East
Municipal evaluation's date
2019
Lot's municipal evaluation
$274,600
Building's municipal evaluation
$656,000
Taxes year
2018
1 Bedroom
1
2 Bedroom
6
3 Bedroom
1
Bedrooms (total)
2

External facing:

  • Brick
  • Stone

Foundation:

  • Cast concrete

Frame:

  • Concrete
  • Wooden dunnage

Roof:

  • Elastomer membrane

Floor coverings:

  • Concrete
  • Hardwood
  • Ceramic
  • Terrazzo

Windows:

  • Aluminium
  • PVC

Heating source:

  • Hot water
  • Natural gas

Electric system:

  • Breakers panel

Features:

  • Laundry room
  • Furnace
  • Ceiling fixtures

Kitchen:

  • Melamine cabinets

Basement:

  • Totally finished

Upgrades:

  • Electrical
  • Windows
  • Doors
  • Roof
  • Landscaping

Location:

  • Highway access
  • Near park
  • Residential area
  • Public transportation

Lot description:

  • Fenced
  • Patio/deck
  • Landscaped

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School
  • University

Near Recreational Service:

  • Golf course
  • Gym
  • Sportif center
  • Library
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bedroom 3
Storey: Main floor
Dimensions: 25' x 36' (7,62 m x 10,97 m)
Flooring: Hardwood
Bedroom 4
Storey: Main floor
Dimensions: 25' x 25' (7,62 m x 7,62 m)
Flooring: Hardwood
Bedroom 5
Storey: Main floor
Dimensions: 32' x 26' (9,75 m x 7,92 m)
Flooring: Hardwood
Bedroom 6
Storey: Main floor
Dimensions: 25' x 36' (7,62 m x 10,97 m)
Flooring: Hardwood
Bedroom 7
Storey: 2nd floor
Dimensions: 25' x 30' (7,62 m x 9,14 m)
Flooring: Hardwood
Bedroom 8
Storey: 2nd floor
Dimensions: 32' x 26' 6" (9,75 m x 8,08 m)
Flooring: Hardwood
Bedroom 1 (Master)
Storey: Basement
Dimensions: 32' x 32' (9,75 m x 9,75 m)
Flooring: Hardwood
Bedroom 2
Storey: Basement
Dimensions: 25' x 36' (7,62 m x 10,97 m)
Flooring: Hardwood

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$122.58
$1,471.00
Municipal taxes
$1,111.42
$13,337.00
Electricity
$53.33
$640.00
Heating
$492.08
$5,905.00
Insurance
$386.00
$4,632.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$6,929.00
$83,148.00

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.

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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.

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.

$1,370,000

6 units or more for sale

No. 834111

By appointment
Contact the owner
Contact the owner