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$274,900
ULS: 25367418

Residential for sale - Saint-Cuthbert

101Z Rue du Moulin, Saint-Cuthbert
Approximately in May 2024, the town of St-Cuthbert modified the zoning to R1 zoning. It should be noted that this property could benefit from an acquired right regarding the use of multiplex (5 units) and agricultural zoning. The first building that's the closest to the street (101-101A) is a duplex classified as a heritage but without any restrictions on its renovation, but cannot be demolished without the approval of an engineer. It will be the responsibility of the buyer to take all steps to ensure the feasibility of his project.
Sale without legal warranty of quality, at the buyer's risk and peril.
Lot area 14,319 m²

ALEXANDRE ROUSSEL

Residential and Commercial Real Estate Broker

RE/MAX CRYSTAL INC.

MARILYN JACQUES

Residential Real Estate Broker

RE/MAX CRYSTAL INC.

R1 Zoning, see document online. It is worth noting that this property may benefit from a grandfathered right regarding residential (5 units) and agricultural zoning. The first building (101-101A) is a duplex classified as a heritage property, which has no restrictions on renovation but cannot be demolished without engineer approval. The other two buildings can be demolished without restriction.

There are two tenants in place with no signed leases, they have verbal agreements.

The rents for 101 rue du Moulins, St-Cuthbert, and 109 rue du Moulins, St-Cuthbert, respectively generate $500 and $200 per month for a total annual income of $8,400.

The tenants have full and exclusive access to the properties at 101, 101A, 103, 105, and 109 rue du Moulins in Saint-Cuthbert.

101: Rented for $500/month.
101-A: Vacant and renovations to be completed.
103: Vacant and uninhabitable.
105: Vacant and uninhabitable.
109: Rented for $200/month.

The buyer will need to conduct their own research with the city regarding the intended use for this property.
There are two tenants in place with no signed leases, they have verbal agreements.

The rents for 101 rue du Moulins, St-Cuthbert, and 109 rue du Moulins, St-Cuthbert, respectively generate $500 and $200 per month for a total annual income of $8,400.

The tenants have full and exclusive access to the properties at 101, 101A, 103, 105, and 109 rue du Moulins in Saint-Cuthbert.

101: Rented for $500/month.
101-A: Vacant and renovations to be completed.
103: Vacant and uninhabitable.
105: Vacant and uninhabitable.
109: Rented for $200/month.

The buyer will need to conduct their own research with the city regarding the intended use for this property.
Lot size 175' 9" X 560' 9" irr.
Lot area 14,319 m²
Topography Flat, Ravine
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 63,800
Building assessment
$ 423,900
Total
$ 487,700

Taxes

Municipal (2024)
$ 7,432
School (2024)
$ 306
Total
$ 7,738
Desjardins

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