Income properties for sale
365Z - 369Z, Rue Merry Nord, Magog
$599,000
+GST/QST
Features
Use of property
Residential, Commercial
Year built
1969
Available commercial area
3,000 sqft
Lot area
11,409 sqft
Parking (total)
Driveway (8), Garage (2)
Number of units
Residential (1), Commercial (1)
Residential unit
1 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$37,308
Description
Exceptional opportunity for investors or owner-occupants! This two-story, semi-commercial building, formerly a convenience store and currently vacant, offers strong profitability potential. It includes a large commercial space of approximately 3,000 sq ft and a 4 ½ apartment upstairs, ideal for living in or generating additional rental income. A detached, double-car garage of 800 sq ft with a concrete floor also offers rental potential. Situated on a wooded and fenced lot of over 11,000 sq ft, close to downtown, Lake Memphremagog, and Mont Orford, this investment combines profitability with a strategic location.
Centris No. 12830574
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Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
| Municipal assessment (2025) | |
|---|---|
| Lot | $187,400 |
| Building | $236,800 |
| Total | $424,200 |
| Taxes | |
|---|---|
| Municipal (2025) | $6,114 |
| School (2025) | $241 |
| Total | $6,355 |
See all financial details