For Sale

$750,000

188 Ch. du Ruisseau-Rouge , Magog, QC J1X5J6

3 Beds 1 Baths

Remarks

Investment opportunity not to be missed! Well-maintained quadruplex strategically located within walking distance of schools, grocery stores, shopping center, downtown, Lake Memphremagog, parks, etc. The location is ideal for attracting and retaining good tenants. Building very well maintained over the years offering good value potential & generating annual gross income of $48,480. 4 X 5½ (all leased until June 30, 2026), each unit is well configured, bright and functional. Tenants benefit from outdoor storage and access to the 9984 sq. ft. lot.

* Site visit following an accepted promise to purchase and bank pre-authorization from the buyer.

* A new certificate of location has been ordered.

Inclusions:

Central vacuum, outdoor shed

Property Summary

  • Lot Assessment: $208,400.00
  • Building Assessment: $370,600.00
  • Total Assessment: $579,000.00
  • Assessment Year: 2025
  • Municipal Tax: $5,847.00
  • School Tax: $369.00
  • Annual Tax Amount: $6,216.00 (2025)
  • Lot Frontage: 26.43 Metre
  • Lot Depth: 35.58 Metre
  • Lot Size: 927.6 Square Metres
  • No. of Parking Spaces: 8
  • Built in: 1986
  • Bedrooms: 3
  • Bathrooms (Total): 1
  • Zoning: RESI

Building Features:

  • Driveway:
    Asphalt , Double width or more , With outside socket
  • Kitchen Cabinets:
    Wood
  • Heating System:
    Electric baseboard units
  • Water Supply:
    Municipality
  • Heating Energy:
    Electricity
  • Equipment/Services:
    Central vacuum cleaner system installation , Fire detector
  • Windows:
    PVC
  • Foundation:
    Poured concrete
  • Dividing Floor:
    Concrete
  • Proximity:
    Highway , Daycare centre , Golf , Hospital , Park , Bicycle path , Elementary school , Alpine skiing , High school , Cross-country skiing , Snowmobile trail , ATV trail
  • Siding:
    Brick , Vinyl
  • Parking:
    Driveway
  • Sewage System:
    Municipality
  • Window Type:
    Sliding , Casement
  • Roofing:
    Asphalt shingles
  • Topography:
    Flat

Rooms

  • Kitchen:
    Level: Ground 2.79 m x 2.39 m
    Flooring: Linoleum
  • Dining:
    Level: Ground 3.56 m x 3.51 m
    Flooring: Linoleum
  • Living:
    Level: Ground 3.71 m x 3.38 m
    Flooring: Laminate floor
  • Bedroom - Irregular:
    Level: Ground 4.47 m x 2.69 m
    Flooring: Laminate floor
  • Bedroom:
    Level: Ground 3.43 m x 2.69 m
    Flooring: Laminate floor
  • Bedroom:
    Level: Ground 3.78 m x 3.43 m
    Flooring: Laminate floor
  • Bathroom:
    Level: Ground 2.72 m x 1.50 m
    Flooring: Other
  • Living:
    Level: Ground 3.68 m x 3.38 m
    Flooring: Laminate floor
  • Dining:
    Level: Ground 4.42 m x 3.56 m
    Flooring: Laminate floor
  • Kitchen:
    Level: Ground 2.82 m x 2.39 m
    Flooring: Laminate floor
  • Bathroom:
    Level: Ground 2.72 m x 1.50 m
    Flooring: Ceramic
  • Bedroom:
    Level: Ground 3.78 m x 3.43 m
    Flooring: Linoleum
  • Bedroom:
    Level: Ground 3.43 m x 2.72 m
    Flooring: Linoleum
  • Bedroom - Irregular:
    Level: Ground 4.52 m x 2.72 m
    Flooring: Linoleum
  • Kitchen:
    Level: 2nd 2.79 m x 2.39 m
    Flooring: Linoleum
  • Dining:
    Level: 2nd 4.42 m x 3.56 m
    Flooring: Linoleum
  • Living:
    Level: 2nd 3.68 m x 3.38 m
    Flooring: Laminate floor
  • Bedroom - Irregular:
    Level: 2nd 4.52 m x 2.69 m
    Flooring: Linoleum
  • Bedroom:
    Level: 2nd 3.43 m x 2.69 m
    Flooring: Linoleum
  • Bedroom:
    Level: 2nd 3.78 m x 3.43 m
    Flooring: Linoleum
  • Bathroom:
    Level: 2nd 2.72 m x 1.50 m
    Flooring: Ceramic
  • Living:
    Level: 2nd 3.68 m x 3.38 m
    Flooring: Laminate floor
  • Dining:
    Level: 2nd 4.42 m x 3.56 m
    Flooring: Laminate floor
  • Kitchen:
    Level: 2nd 2.82 m x 2.39 m
    Flooring: Laminate floor
  • Bathroom:
    Level: 2nd 2.72 m x 1.50 m
    Flooring: Ceramic
  • Bedroom:
    Level: 2nd 3.78 m x 3.43 m
    Flooring: Linoleum
  • Bedroom:
    Level: 2nd 3.43 m x 2.72 m
    Flooring: Linoleum
  • Bedroom - Irregular:
    Level: 2nd 4.52 m x 2.72 m
    Flooring: Linoleum

Revenue Units

  • Potential gross revenue: Residential
    $48,480.00
  • Potential gross revenue: Date
    07-01-2025

Expenses (annual)

  • Insurance
    $1,826.00
  • Snow removal
    $1,610.00
  • Lawn
    $989.00
  • Electricity
    $527.00

Revenue Units

  • Pieces: 5 Bedrooms: 3 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 5 Bedrooms: 3 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 5 Bedrooms: 3 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 5 Bedrooms: 3 Bathrooms: 1 Potential Monthly Revenue: $0.00
Lifestyle
Neighbourhood Info
Réseau Longpré Lamirande

Réseau Longpré Lamirande

Phone:  819.868.5000

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Royal LePage Au Sommet, Real Estate Agency (Independently owned and operated)

250 Rue Principale Ouest
Magog,  QC J1X2A5

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