Property Information:
Profitable income building in Vieux-Limoilou, comprising 24 large dwellings of ± 1200 sq. ft. of living space (19 X 5½, 5 X 6½) all rented. 16 interior parking spaces and 24 interior storage spaces in the underground garage. Annual gross income of $318,612 from July 1, 2024 and all accommodations are unheated and unlit. Building well maintained and renovated over the years (windows, balconies and several units have had their floors replaced and painting work done). Some accommodations have a washer-dryer connection. Visit on promise to purchase accepted. Real estate complex (see Addendum)
- The building is on the corner of 18th Street, 4th Avenue and 17th Street and parking is accessible from the rear of the building.
-See seller's broker for financial documents and other information.
-This sale is made without legal guarantee of quality from the SELLER, the BUYER not waiving the legal guarantees given by previous owners and received by the SELLER upon acquisition of the BUILDING, if applicable, which are assigned to the BUYER hereby.
-the BUILDING is part of a real estate complex within the meaning of the Act respecting the Régie du logement (L.R.Q., c. R-8.1) and does not constitute a part that has been detached from a real estate complex within the meaning of the Act on the Régie du logement (L.R.Q., c. R-8.1) following an alienation, without having first obtained authorization from the Régie du logement; In addition, these buildings share a common access driveway for underground parking. The sale of THE BUILDING is therefore detailed as follows:
DESIGNATION
Building A
A building known and designated as lot number ONE MILLION FIVE HUNDRED AND SIXTY-NINE THOUSAND
SIX HUNDRED AND FIFTEEN (1,569,615) of the CADASTRE DU QUÉBEC, in the registration division of Quebec.
With all constructions erected there and in particular the building bearing the residential numbers of the
395, 17e Rue and 1745, 4e Avenue, Quebec, province of Quebec, G1L 2E5, Canada.
DESIGNATION
Building B
An immovable known and designated as lot number ONE MILLION FIVE HUNDRED SIXTY-NINE THOUSAND SIX HUNDRED SEVENTEEN (1 569 617) of the CADASTRE DU QUÉBEC, in the registration division of Quebec.
With all constructions erected there and in particular the building bearing the residential numbers of 396, 18e Rue and 1775, 4e Avenue, Quebec, province of Quebec, G1L 2E2, Canada.
DESIGNATION
Building C
ALL UNDIVIDED RIGHTS to which he may claim in the immovable known and designated as lot number ONE MILLION FIVE HUNDRED SIXTY-NINE THOUSAND SIX HUNDRED TWENTY-SEVEN (1 569 627) of the CADASTRE DU QUÉBEC, in the registration division of Quebec. Without a building built on it, being the alley located to the South-West of the buildings mentioned above.
Inclusions: According to the leases
Exclusions : Tenant property
Building Features:
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Foundation:
Poured concrete
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Garage:
Built-in
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Parking:
Garage
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Proximity:
Highway, CEGEP, Daycare centre, Hospital, Park, Bicycle path, Elementary school, High school, Cross-country skiing, Public transportation, University
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Siding:
Brick, Pressed fibre
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Heating Energy:
Electricity
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Water Supply:
Municipality
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Sewage System:
Municipality
