Every day, hundreds of properties change hands in Quebec, most without knowing the details. That was before we got interested… Here are the latest deals that caught our eye.
Two residences built in Magog on neighboring lots on the shores of Lake Memphremagog just sold at the same time, by the same sellers, for a total of $6.7 million.
The two properties, located at 515 and 525 rue Verchères, were sold by their owners, a couple consisting of Sophie Des Groseilliers and Jean-François Babin, former senior vice-president and managing director of National Bank Financial, without collateral. and at the buyer’s risk.
515, rue Verchères had been bought by Mme Des Groseilliers de la Fiducie-residence MC Magog in the fall of 2013 for $1,420,000. 525, rue Verchères was purchased from Ginette Choquette in the fall of 2017 for $1,275,000. The two plots offer a common surface of 3815 square meters.
At the last assessment record, both properties were assigned a value of $2,726,400. This is an increase of $280,100, compared to its previous value. In 2023, his city taxes totaled $20,429.
A transfer tax of $188,093, payable to the City of Magog, is added to the purchase price for buyers.
With the contribution of Philippe Langlois.
Excerpt from the weekly real estate column of diary. If you know of an interesting transaction, please do not hesitate to report it firstname.lastname@example.org.