For Sale

$371,000

+GST/QST

385 Rue du Moulin , 20, Magog, QC J1X4A1

rue Georges

2 Beds 2 Baths 0 Partial Bath

Remarks

INVESTMENT - SHORT-TERM RENTALS ALLOWED! Condo within walking distance of Lake Memphremagog, downtown, the Marais de la Rivière aux Cerises, restaurants, and amenities. Located on the 2nd floor with a mezzanine, offering over 688 sq. ft. 2 bedrooms (one opening onto the mezzanine), 2 bathrooms, washer-dryer, cozy living room with a fireplace and patio doors leading to the balcony. Heated in-ground pool to enjoy the summer! 1 parking space, 2 storage units. Popular area near the highway, Mont-Orford, and tourist attractions. Estimated rental income for 2025 at nearly $46,000. Excellent potential +++!

* Rental income for the year 2025: $45,482.48.

* The seller requests that all purchase offers be open for a period of 72 hours, but reserves the right to respond before the end of this period.

* Viewings must be scheduled outside of rental periods.

* Details about the two storage spaces: storage in the basement and a large locker measuring approximately 6x6 in an outdoor garage.

Inclusions:

Everything on site, such as furniture, bedding, kitchen utensils, electronic devices, and more.

Exclusions:

All tenants' personal belongings, 1 painting in the living room and 1 painting in the kitchen.

Property Summary

  • Condo Fees: $480.00 Monthly
  • Building Assessment: $297,900.00
  • Total Assessment: $297,900.00
  • Assessment Year: 2026
  • Municipal Tax: $3,161.00
  • School Tax: $149.00
  • Annual Tax Amount: $3,310.00 (2026)
  • Building Width: 5.4 Metre
  • Building Depth: 8.38 Metre
  • No. of Parking Spaces: 1
  • Parking: Yes
  • Floor Space (approx): 64.5 Square Metres
  • Built in: 1987
  • Bedrooms: 2
  • Bathrooms (Total): 2
  • Bathrooms (Partial): 0
  • Zoning: Commercial

Building Features:

  • Association Amenities:
    Laundry room , Outdoor pool , Indoor storage space , Visitor parking
  • Bathroom Features:
    Separate shower
  • Cooling:
    Wall-mounted heat pump
  • Fireplace Features:
    Fireplace - Other
  • Heating:
    Electric baseboard units , Electricity
  • Kitchen Cabinet Features:
    Laminate
  • Laundry Features:
    Other , 3rd level , []
  • Levels:
    Two or more storey
  • Lot Features:
    Highway , Daycare centre , Golf , Hospital , Park , Bicycle path , Elementary school , Alpine skiing , High school , Cross-country skiing , Snowmobile trail , ATV trail
  • Parking Features:
    Asphalt
  • Pool Features:
    Heated , Inground
  • Roof:
    Asphalt shingles
  • Sewer:
    Municipality
  • Structure Type:
    Apartment
  • Utilities:
    Water Connected , Electricity Connected , Sewer Connected
  • View:
    View of the water , View of the mountain
  • Water Source:
    Municipality
  • Window Features:
    PVC , Casement , French door

Rooms

  • Kitchen:
    Level: 2nd 2.13 m x 2.41 m
    Flooring: Wood
  • Dining:
    Level: 2nd 2.34 m x 2.51 m
    Flooring: Wood
  • Living:
    Level: 2nd 2.82 m x 3.12 m
    Flooring: Wood
    Patio door, Acc. to balcony
  • Bedroom:
    Level: 2nd 2.39 m x 3.02 m
    Flooring: Ceramic
  • Bathroom:
    Level: 3rd 1.70 m x 2.54 m
    Flooring: Ceramic
    Bath/shower
  • Bedroom:
    Level: 3rd 3.15 m x 4.34 m
    Flooring: Laminate floor
    Washer/dryer

Expenses (annual)

  • Electricity
    $1,382.00

Revenue Units

  • Pieces: 6 Bedrooms: 2 Bathrooms: 2 Potential Monthly Revenue: $0.00
Lifestyle
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