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.
A property in Laval's Duvernay neighborhood just sold for $2.2 million, just over 10% below the list price.
Built in 2004, this residence is located at 6517 Boulevard Lévesque-Est and overlooks the Rivière des Prairies, which separates Laval Island from Montreal.
Giuseppe and Alessandra Pettinicchio, Re/Max
It has 344 square meters of living space on two floors, four bedrooms and a double garage. It is based on a landscaped plot with a sizeable area of 2825 square meters, equipped with an in-ground swimming pool.
The selling owner, a man named Claude Lockhead, purchased this property from Louise Saint-Laurent in May 2014. According to documents notarized at the time, Mr. Lockhead paid $936,000.
Google Earth
Almost ten years later, the same property was put up for sale again. Last fall it was listed by its brokers at $2.29 million. Ultimately, it sold for $2.2 million, $90,000 less than the list price, according to the deed signed on Jan. 15.
In the most recent municipal assessment roll, this residence was assigned a value of $1,193,600. This was a 13.5% increase from the previous valuation of $1,051,700.
In 2023, municipal taxes were $8,724. Added to the purchase price for buyers was a $49,602 transfer tax payable to the City of Laval.
In collaboration with Philippe Langlois.
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]