Income properties for sale
1225, Rue Maisonneuve, Magog
$1,099,000
Features
Use of property
Residential
Year built
1976
Lot area
7,295 sqft
Number of units
Residential (8)
Residential units
1 x 3 ½, 7 x 4 ½
Main unit
4 rooms, 2 bedrooms, 1 bathroom
Potential gross revenue
$66,228
Description
Eight-unit income property in a great location in Magog. Brick construction offering excellent solidity. The building includes 7 4½ units and 1 3½ unit, each with a parking space and storage. As of July 1, 2026, gross annual income will be $66,228 (all leases are renewed until June 30, 2027 - heating and electricity at the tenants' expense). Paved driveway with 8 parking spaces. Strategic location close to elementary and high schools, parks, grocery stores, and the highway. Just minutes from downtown Magog and beautiful Lake Memphremagog.
Centris No. 23247877
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Visit the real estate broker's website to see the detailed sheet of this property.
Financial details
| Municipal assessment (2026) | |
|---|---|
| Lot | $93,900 |
| Building | $773,100 |
| Total | $867,000 |
| Taxes | |
|---|---|
| Municipal (2026) | $11,303 |
| School (2025) | $620 |
| Total | $11,923 |
| Expenses | |
|---|---|
| Electricity | $401 |
| Insurance | $5,949 |
| Snow removal | $1,725 |
| Total | $8,075 |
See all financial details