$371,000 +GST/QST

Condo For Sale In Magog, Quebec

$371,000 +GST/QST
  • 2

    Bedrooms

  • 2+0

    Baths

  • $480

    Maintenance Fees

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

Property Assessment:

  • 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

Rooms:

  • Kitchen 2nd Level 2.13 m x 2.41 m Flooring: Wood
  • Dining 2nd Level 2.34 m x 2.51 m Flooring: Wood
  • Living 2nd Level 2.82 m x 3.12 m Flooring: Wood Note: Patio door, Acc. to balcony
  • Bedroom 2nd Level 2.39 m x 3.02 m Flooring: Ceramic
  • Bathroom 3rd Level 1.70 m x 2.54 m Flooring: Ceramic Note: Bath/shower
  • Bedroom 3rd Level 3.15 m x 4.34 m Flooring: Laminate floor Note: Washer/dryer

Dwelling Units:

  • Pieces 6
  • Bedrooms 2
  • Baths 2

Courtesy of: Royal LePage Au Sommet

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.

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