Lower than 4 years later, it’s promoting for 70% extra

Lots of of properties in Quebec change palms every single day, most of them with out us understanding the precise particulars. That was earlier than we got interested… Listed here are the most recent transactions that caught our consideration.

An opulent two-story residence owned by a Swiss man has simply bought for $2.2 million on the shores of Lake Saint-Joseph close to Quebec.

The property is positioned at 6019 Route Fossambault in Fossambault-sur-le-Lac, about forty kilometers from Quebec. Along with a big solarium, the property gives 5 bedrooms, two bogs, two fireplaces, a personal seashore and a pontoon-like boat on two flooring.

Real estate - Deschambault


The property and a part of its improvement are positioned in a flood zone and can’t be constructed upon. Jacques Charles Renevey purchased it in November 2019 for $1.3 million.

Lower than 4 years later, it was listed on the market for $2.4 million. A purchase order provide of $2.2 million, 70% greater than 4 years earlier, was accepted.

Real estate - Deschambault

Eventually appraisal, this residence was valued at $1.31 million. In 2023, municipal taxes might be $13,407. Purchaser switch tax of $31,343 might be added to the acquisition value.

Excerpted from the Journal’s weekly actual property column. In the event you hear of an attention-grabbing transaction, don’t hesitate to share it at [email protected].