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$272,500 +GST/QST

17-385 Rue du Moulin, Magog, QC, J1X 4A1

MLS® # 28675435

1 Beds

Bath

43  METERSQ

Magog QC, J1X 4A1

MLS® # 28675435

Property Information:

TURNKEY PROPERTY -- SHORT-TERM RENTALS ALLOWED! A rare investment opportunity generating over $38,000 in rental income (2025). Superb corner condo on the ground floor (+450 sq ft), ideal as a pied-à-terre or hassle-free investment. Prime location, within walking distance of Lake Memphremagog, downtown, and the Marais de la Rivière aux Cerises. Bright unit featuring 1 bedroom, 1 bathroom, a cozy living room with a fireplace, and patio doors leading to the balcony. Enjoy a heated in-ground pool. 1 parking space included, shared storage and laundry area in the basement. Quick access to the highway and Mont Orford.

* Rental income for 2025: $38,586.40.

* The seller requests that all purchase offers be open for a period of 72 hours, but reserves the right to respond before the end of this period.

* Viewings must be scheduled outside of rental periods.

Inclusions: Everything on site, such as furniture, bedding, kitchen utensils, electronic devices, and more.

Exclusions : All of the tenants' personal belongings.

Building Features:

  • Style: Apartment
  • Air Conditioning: Yes
  • Association Amenities: Laundry room, Outdoor pool, Indoor storage space, Visitor parking
  • Cooling: Wall-mounted heat pump
  • Fireplace Features: Fireplace - Other
  • Heating: Electric baseboard units, Electricity
  • Kitchen Cabinet Features: Wood
  • Laundry Features: Other, Basement 1
  • Levels: One storey
  • Lot Features: Highway, Daycare centre, Golf, Hospital, Park, Bicycle path, Elementary school, Alpine skiing, High school, Cross-country skiing, Snowmobile trail, ATV trail
  • Parking Features: Asphalt
  • Pool Features: Heated, Inground
  • Roof: Asphalt shingles
  • Size: 5.38 x 8.37 METRE
  • Structure Type: Apartment
  • Total Finished Area: 42.6
  • Utilities: Water Connected, Electricity Connected, Sewer Connected
  • View: View of the water
  • Water Source: Municipality
  • Window Features: Wood, PVC, Casement
  • Sewer: Municipality

Taxes:

  • Municipal Tax: $2,668
  • School Tax: $138
  • Annual Tax Amount: $2,806

Expenses:

  • Condo Fees: $292 Monthly
  • Electric: $1,175

Property Assessemnt:

  • Building Assessment: $236,200
  • Total Assessment: $236,200

Property Features:

  • Bedrooms: 1
  • Bathrooms: 1
  • Half Bathrooms: 0
  • Built in: 1987
  • Floor Space (approx): 42.6 Square Metres
  • Zoning: Commercial
  • No. of Parking Spaces: 1

Dwelling Units:

  • Pieces 6
  • Bedrooms 1
  • Baths 1

Convert Measurement to:


Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.

Location of 17-385 Rue du Moulin, Magog, QC, J1X 4A1

Demographic Information of 17-385 Rue du Moulin, Magog, QC, J1X 4A1

Life Stage

Later Years

Employment Type

Mixed

Average Household Income

$111,044.33

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.28 %

High school certificate or equivalent

22.08 %

Apprenticeship trade certificate/diploma

15.83 %

College/non-university certificate

19.5 %

University certificate (below bachelor)

3.24 %

University Degree

27.08 %

Commuter

Travel To Work

By Car

91.07 %

By Public Transit

0.0 %

By Walking

7.25 %

By Bicycle

0.0 %

By Other Methods

1.68 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

67.55 %

Houses

32.45 %

Own Vs. Rent