Hundreds of properties in Quebec change hands every day, most of them without us knowing the exact details. That was before we became interested… Here are the latest transactions that caught our attention.
An elegant Bromont residence built less than a decade ago has sold for $2.3 million.
Luce Deslauriers, Engel & Voelkers
86, Chemin de Laprairie, offers 356 square meters of living space over two floors, four bedrooms, as many bathrooms, a double garage, a storage room and a plot of 6,616 m2, equipped with an in-ground swimming pool with views of the surrounding hills.
Sellers Jacinthe Lavoie and Louis-Omer Rioux, a former vice-president of Hydro-Québec, purchased this nearly new residence in September 2017 for $870,000.
Luce Deslauriers, Engel & Voelkers
Recently, the same property was put back on the market for $2,595,000, three times the price paid six years earlier. This residence ultimately sold for $2.3 million, which was 11.4% below the expected price but still 2.6 times the purchase price.
In the most recent three-year municipal assessment roll, this residence was assigned a value of $1,216,900, an increase of 61.6% compared to its previous value of $752,800.
For buyers, a $59,733 transfer tax payable to the City of Bromont will be added to the purchase price.
In collaboration with Philippe Langlois.
Excerpted from the Journal's weekly real estate column. Have you caught wind of an interest rate transaction? Do not hesitate to send it to [email protected].