$1,084,900 +GST/QST
ULS: 15150950
Chalet - cottage for sale - Stanstead - Canton
10 Ch. Fiset, Stanstead - Canton
Charming property completely renovated on the shores of Lovering Lake combining a modern and industrial design while retaining its rustic elements. You will be seduced by its unique character! With its 81' of coastline and its sublime land of 25 529 pc, it offers an exceptional living environment. Enjoy your evenings on the terrace with the breathtaking view of the lake and share an aperitif on the dock while watching the sunset through the mountains. Having a short-term rental permit, "le Monarque" generates average rental income of $57,500/year. Great investment opportunity or as a residence!
Sale without legal warranty of quality, at the buyer's risk and peril.
Number of rooms
7
Living area
125.08 m²
Property features
3
Bedrooms
1
Bathroom
1
Powder room
MARIE-PIER COMPAGNAT
Residential and Commercial Real Estate Broker
RE/MAX D'ABORD INC.
Addendum
COUP DE COEUR - WATERFRONT * APPOINTMENT VISITS ONLY *
Come discover this true haven of peace, built in 1951 and completely renovated in 2019. Nestled on a spacious 25,529-square-foot lot, this property is a waterfront rarity, with nearly 81 feet of shoreline on Lac Lovering. It harmoniously blends modern and industrial style with rustic elements, offering all the modern comforts while preserving its old-world charm.
RENOVATIONS CARRIED OUT :
[2019]
- Raised house and new poured concrete foundation
- Polyurethane insulation (foundation and exterior walls)
- EcoFlo Coco septic system
- Artesian well (500G/h, 120' deep)
- Plumbing and electricity 90% redone
- Completely renovated kitchen
- Removal of a wall to create an open-plan living/dining area
area and addition of exposed steel beams
- Hardwood floors sanded and varnished on main floor
- Addition of a propane stove
- Two new outdoor galleries with storage
- Addition of garden shed with spa
- Exterior siding
- Roof sheathing
- Landscaping and drainage
[2020]
- Fully modernized bathroom
[2023-2024]
- Replacement of windows
PRIVILEGED LOCATION:
Located on the sunset side, on a nearly six-kilometer navigable lake, and close to Magog, you'll enjoy many outdoor activities while being minutes from amenities.
INVESTMENT OPPORTUNITY:
Currently operated as a short-term rental residence with CITQ permit, it generates revenues of approximately $57,500 per year for an average rental rate of 52%. It is a great opportunity for an investment or a primary/secondary residence, allowing you to enjoy a few weeks of vacation per year while contributing to the repayment of your mortgage. If you are planning to rent a short-term apartment, you will only need to obtain a GST and QST number from the government authorities, and you will not be subject to applicable taxes. See broker for details.
Don't miss this unique opportunity to own this peaceful Eastern Townships haven. Contact us today to schedule your visit!
SUITE INCLUSIONS :
Exterior: SPA and accessories, picnic table + red umbrella, outdoor fireplace, wooden patio set (the table + 4 chairs + 1 bench), pergola, 5 black outdoor chairs + small table on patio, BBQ, docks, 3 kayaks, 1 paddle board, 8 lightweight plastic gray outdoor chairs, 2 gray resin Adirondak chairs.
** Note that the maintenance fees for the private road will be revised upwards for 2024 as part of the path will be redone. The fees will then return to normal from 2025.
Come discover this true haven of peace, built in 1951 and completely renovated in 2019. Nestled on a spacious 25,529-square-foot lot, this property is a waterfront rarity, with nearly 81 feet of shoreline on Lac Lovering. It harmoniously blends modern and industrial style with rustic elements, offering all the modern comforts while preserving its old-world charm.
RENOVATIONS CARRIED OUT :
[2019]
- Raised house and new poured concrete foundation
- Polyurethane insulation (foundation and exterior walls)
- EcoFlo Coco septic system
- Artesian well (500G/h, 120' deep)
- Plumbing and electricity 90% redone
- Completely renovated kitchen
- Removal of a wall to create an open-plan living/dining area
area and addition of exposed steel beams
- Hardwood floors sanded and varnished on main floor
- Addition of a propane stove
- Two new outdoor galleries with storage
- Addition of garden shed with spa
- Exterior siding
- Roof sheathing
- Landscaping and drainage
[2020]
- Fully modernized bathroom
[2023-2024]
- Replacement of windows
PRIVILEGED LOCATION:
Located on the sunset side, on a nearly six-kilometer navigable lake, and close to Magog, you'll enjoy many outdoor activities while being minutes from amenities.
INVESTMENT OPPORTUNITY:
Currently operated as a short-term rental residence with CITQ permit, it generates revenues of approximately $57,500 per year for an average rental rate of 52%. It is a great opportunity for an investment or a primary/secondary residence, allowing you to enjoy a few weeks of vacation per year while contributing to the repayment of your mortgage. If you are planning to rent a short-term apartment, you will only need to obtain a GST and QST number from the government authorities, and you will not be subject to applicable taxes. See broker for details.
Don't miss this unique opportunity to own this peaceful Eastern Townships haven. Contact us today to schedule your visit!
SUITE INCLUSIONS :
Exterior: SPA and accessories, picnic table + red umbrella, outdoor fireplace, wooden patio set (the table + 4 chairs + 1 bench), pergola, 5 black outdoor chairs + small table on patio, BBQ, docks, 3 kayaks, 1 paddle board, 8 lightweight plastic gray outdoor chairs, 2 gray resin Adirondak chairs.
** Note that the maintenance fees for the private road will be revised upwards for 2024 as part of the path will be redone. The fees will then return to normal from 2025.
Building details and property interior
Dimensions
27' 1" X 24' 10"
Year constructed
1951
Living area
125.08 m²
Windows
PVC
Window Type
French door, Casement, Sliding
Siding
Vinyl
Roofing
Asphalt shingles
Garage
Detached
Washer/Dryer (installation)
Bathroom (RC)
Bathroom
Wall-mounted shower and bath
Basement
Outdoor entrance, Low (less than 6 feet)
Renovations
Bathroom (2020), Basement (2019), Electricity (2019), Heating (2019), Other (2019), Kitchen (2019), Fenestration (2023), Insulation (2019), Plumbing (2019), Roof covering (2019)
Lot and exterior features
Lot size
165' 1" X 251' 4" irr.
Lot area
2,371.70 m²
Water (access)
Navigable, Waterfront (LAC)
Topography
Flat
View
View of the mountain, View of the water
Distinctive Features
Cul-de-sac, Resort/Cottage
Driveway
With outside socket, Unpaved, Double width or more
Parking (total)
Garage (1), Driveway (10)
Proximity
Bicycle path, Snowmobile trail, Highway, Park, ATV trail
Room details
Hall
Level:
1st level/Ground floor
Dimensions:
11'0" X 6'10"
Flooring:
Wood
Details:
Kitchen
Level:
1st level/Ground floor
Dimensions:
11'4" X 9'4"
Flooring:
Wood
Details:
Dining room
Level:
1st level/Ground floor
Dimensions:
14'0" X 10'3"
Flooring:
Wood
Details:
Propane Stove
Living room
Level:
1st level/Ground floor
Dimensions:
11'0" X 11'5"
Flooring:
Wood
Details:
Bathroom
Level:
1st level/Ground floor
Dimensions:
7'0" X 11'6"
Flooring:
Ceramic
Details:
Powder room
Level:
2nd level
Dimensions:
3'10" X 6'10"
Flooring:
Wood
Details:
Primary bedroom
Level:
2nd level
Dimensions:
11'8" X 23'4"
Flooring:
Wood
Details:
Bedroom
Level:
2nd level
Dimensions:
11'3" X 9'2"
Flooring:
Wood
Details:
Bedroom
Level:
2nd level
Dimensions:
7'7" X 9'0"
Flooring:
Wood
Details:
Storage
Level:
Basement 1
Dimensions:
24'5" X 22'3"
Flooring:
Concrete
Details:
Glycol-heated concrete slab
Characteristics
Heating System
Radiant, Electric baseboard units
Heating Energy
Electricity, Propane
Fireplace-Stove
Gas stove
Property or unit amenity
Furnished, Outdoor storage space, Wall-mounted heat pump, Private balcony, Central vacuum cleaner system installation, Water softener, Private yard, Fire detector (N)
Water Supply
Artesian well
Sewage System
Ecoflo Coco System
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 471,500
- Building assessment
- $ 273,100
- Total
- $ 744,600
Taxes
- Municipal (2024)
- $ 2,574
- School (2024)
- $ 491
- Total
- $ 3,065
Annual expenses
- Common expenses
- $ 253
- Total
- $ 253
Energy expenses
- Electricity
- $ 2,341
- Gas
- $ 566
- Total
- $ 2,907
Inclusions and exclusions
Inclusions
Interior: Stove, refrigerator, dishwasher, microwave hood, washer, dryer, pantry, kitchen island, lighting fixtures, poles + curtains, blinds, heat pump, propane stove, central vacuum, beds, mattresses, bedside tables, chests of drawers, rocking chair, frames, mirrors except the entrance, sofas, TV, furniture in the living room, 2 chairs + table in the entrance. Possibility to sell any furnished items including bedding/decor sets, dishes and kitchen equipment. *CONTINUED IN ADDENDUM*
Exclusions
Furniture not included and personal effects, lawn tractor, ATV, mower, various tools, kitchen table and 8 chairs, mirror in the entrance, wall decoration dining room, orange kayak.
Mortgage payment calculator
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