Magog QC, J1X 4A1
Property Information:
INVESTMENT - SHORT-TERM RENTALS ALLOWED! Condo within walking distance of Lake Memphremagog, downtown, the Marais de la Rivière aux Cerises, restaurants, and amenities. Located on the 2nd floor with a mezzanine, offering over 688 sq. ft. 2 bedrooms (one opening onto the mezzanine), 2 bathrooms, washer-dryer, cozy living room with a fireplace and patio doors leading to the balcony. Heated in-ground pool to enjoy the summer! 1 parking space, 2 storage units. Popular area near the highway, Mont-Orford, and tourist attractions. Estimated rental income for 2025 at nearly $46,000. Excellent potential +++!
* Rental income for the year 2025: $45,482.48.
* 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.
* Details about the two storage spaces: storage in the basement and a large locker measuring approximately 6x6 in an outdoor garage.
Inclusions: Everything on site, such as furniture, bedding, kitchen utensils, electronic devices, and more.
Exclusions : All tenants' personal belongings, 1 painting in the living room and 1 painting in the kitchen.
Building Features:
- Style: Apartment
- Air Conditioning: Yes
- Association Amenities: Laundry room, Outdoor pool, Indoor storage space, Visitor parking
- Bathroom Features: Separate shower
- Cooling: Wall-mounted heat pump
- Fireplace Features: Fireplace - Other
- Heating: Electric baseboard units, Electricity
- Kitchen Cabinet Features: Laminate
- Laundry Features: Other, 3rd level
- Levels: Two or more 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: 5.4 x 8.38 METRE
- Structure Type: Apartment
- Total Finished Area: 64.5
- Utilities: Water Connected, Electricity Connected, Sewer Connected
- View: View of the water, View of the mountain
- Water Source: Municipality
- Window Features: PVC, Casement, French door
- Sewer: Municipality
Taxes:
- Municipal Tax: $3,161
- School Tax: $178
- Annual Tax Amount: $3,339
Expenses:
- Condo Fees: $480 Monthly
- Electric: $1,382
Property Assessemnt:
- Building Assessment: $297,900
- Total Assessment: $297,900
Property Features:
- Bedrooms: 2
- Bathrooms: 2
- Half Bathrooms: 0
- Built in: 1987
- Floor Space (approx): 64.5 Square Metres
- Zoning: Residential
- No. of Parking Spaces: 1
Dwelling Units:
- Pieces 6
- Bedrooms 2
- Baths 2
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.
Market Price Trends
Location of 20-385 Rue du Moulin, Magog, QC, J1X 4A1
Demographic Information of 20-385 Rue du Moulin, Magog, QC, J1X 4A1
Life Stage
Later YearsEmployment Type
MixedAverage Household Income
$111,044.33Average Number of Children
1.61Household 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 %