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$198,000
ULS: 19286485

Apartment - Condominium for sale - Magog

1065 Rue Merry N. app. 202, Magog
Investor opportunity: the seller's mortgage at a VERY LOW rate could be transferred to you! 2 bedroom condo, bright living room, laundry room and covered balcony with seasonal view of Mont Orford. Built in 1988 and converted into a condo in 2007, this property stands out for its affordability and maintenance. Close to all services: grocery stores, schools, daycares, Highway 10 and downtown Magog. **Cost of rent: $725/month (July 1, 2024 to June 30, 2025).
Sale without legal warranty of quality, at the buyer's risk and peril.
Number of rooms 7
Living area 76.30 m²

Property features

2 Bedrooms
1 Bathroom

STEVE COUTURE

Residential Real Estate Broker

RE/MAX D'ABORD INC.

MARC-ANTOINE BEAURIVAGE-LAROCHE

Residential Real Estate Broker

RE/MAX D'ABORD INC.

LINE BEAURIVAGE

Real Estate Broker

RE/MAX D'ABORD INC.

Cost of rent: $725/month (July 1, 2024 to June 30, 2025). The tenants are over 70 years old and have lived there for over 10 years.

Mortgage transfer: Bank of Montreal at 1.79% maturing on January 1, 2025. Subject to buyer eligibility.

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, which are transferred to the buyer by the present.
Year constructed 1988
Living area 76.30 m²
Windows PVC
Window Type Sliding
Siding Aluminum, Brick
Roofing Asphalt shingles
Washer/Dryer (installation) Other (2)
Kitchen Cabinets Melamine
Lot size 134' 2" X 129' irr.
Lot area 1,601.60 m²
View View of the mountain, Other
Driveway Asphalt, With outside socket
Parking (total) Driveway (1)
Proximity Park, Bicycle path, Golf, Highway
Living room
Level: 2nd level
Dimensions: 21'2" X 10'11"
Flooring: Laminate floor
Details:
Dining room
Level: 2nd level
Dimensions: 6'8" X 7'5"
Flooring: Laminate floor
Details:
Kitchen
Level: 2nd level
Dimensions: 6'8" X 6'9" irr.
Flooring: Ceramic
Details:
Primary bedroom
Level: 2nd level
Dimensions: 12'0" X 11'7"
Flooring: Laminate floor
Details:
Bedroom
Level: 2nd level
Dimensions: 10'0" X 11'7" irr.
Flooring: Laminate floor
Details:
Bathroom
Level: 2nd level
Dimensions: 5'12" X 8'10"
Flooring: Ceramic
Details:
Laundry room
Level: 2nd level
Dimensions: 9'8" X 5'11" irr.
Flooring: Ceramic
Details:
Heating System Electric baseboard units
Heating Energy Electricity
Property or unit amenity Fire detector (N), Intercom
Rented Equipment (monthly) Water heater (1, 18)
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Building assessment
$ 127,900
Total
$ 127,900

Taxes

Municipal (2024)
$ 1,652
School (2024)
$ 94
Total
$ 1,746

Annual expenses

Condominium fees
$ 1,800
Total
$ 1,800

Energy expenses

Other
$ 18
Electricity
$ 735
Total
$ 753

Exclusions

Furniture and personal effects of tenants

Desjardins

Mortgage payment calculator

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