Hundreds of properties in Quebec change hands every day, most of them without knowing the details. That was before anyone cared… Here are the latest transactions that caught our attention.
The luxury residence of a former lawyer who was sentenced to prison for fraud and money laundering has been put up for sale by his ex-wife for $3,998,500.
The residence is located at 2100, Chemin de Georgeville, in Magog and has 12 rooms including 4 bedrooms, 3 1/2 bathrooms, two fireplaces, two large balconies overlooking Lake Memphrémagog, two double garages and a swimming pool. interior.
Real estate in abundance
In total, the hilltop house offers 936.5 m2 (or 10,080 ft2) of living space and sits on a plot twenty times larger at 22,678 m2 (or 244,103 ft2). Property owners benefit from the security of an electric gate as well as access to the lake via a private dock and marina.
Real estate in abundance
Ex-husband Jacques Matte, now retired from practicing law in Quebec, purchased this property in 1994 before reselling it to his wife and business partner Marie Bouchard five years later (1999) for the symbolic sum of $1.
Jacques Matte was arrested in 2012 along with two henchmen of the Sûreté du Québec for helping a client hide nearly $13 million from tax authorities thanks to a scheme by fictitious companies abroad. Jacques Matte was sentenced to 36 months in prison in 2014 for his involvement in this case.
In another case, Jacques Matte had previously been accused of participating in an $11 million fraud through the presentation of false documents and the embezzlement of funds to the detriment of Groupe Charron. He was convicted in 2010 along with Denis Charron to pay $16 million.
Real estate in abundance
In 2014, the same residence was listed for sale for $5.99 million. However, the latter had not found a buyer at that time.
The residence is currently valued at $1.9 million by the City of Magog. In 2022, his municipal and school taxes totaled $14,937.
With the contribution of Philippe Langlois, Investigation Office
Excerpted from the Journal’s weekly real estate column. If you hear of an interesting transaction, do not hesitate to share it at [email protected].