April 16, 2024

A whole bunch of properties in Quebec change palms day by day, most of them with out us understanding the precise particulars. That was earlier than we got interested… Listed here are the newest transactions that caught our consideration.

An outdated six-unit constructing in Previous Quebec simply offered to a Lévis actual property firm for $720,000.

1 1⁄2 rue Ferland, a constructing inbuilt 1920, was owned by the identical proprietor Didier Le Henaff for greater than 40 years. It presents an space of ​​226.8 m2, distributed over two flooring.


Though it’s positioned in Previous Quebec, a declared heritage web site, the constructing shouldn’t be thought-about a “labeled or acknowledged heritage asset,” the transaction’s notarized paperwork state. Nor would it not be in a historic district, heritage web site or protected space beneath the Heritage Act.

Immeubles Murray from Lévis, owned by Claude Murray, purchased the constructing offered with none authorized assure of high quality on the purchaser’s danger. Nonetheless, the latter provides him rental earnings of $43,320 per thirty days.

The vendor, Didier Le Henaff, bought this property in March 1979 from Paul Morin Fournier of L’Île-d’Orléans for $70,000.

Ultimately appraisal, this property was assigned a worth of $481,000. Municipal taxes have been $7,308.59 in 2023. For consumers, a $10,243 switch tax payable to the Metropolis of Quebec might be added to the acquisition value.

With the contribution of Philippe Langlois.

Excerpted from the Journal’s weekly actual property column. Should you hear of an fascinating transaction, don’t hesitate to share it at [email protected].