Magnificent large condo located in a prime area close to everything: Carrefour de l'Estrie, Promenades King, and facing a LARGE PARK AND WOODED AREA.

SECURED ENTRANCE with intercom. A private parking space with an electrical outlet for each vehicle and a good-sized storage unit. Beautiful outdoor garden space with HEATED IN-GROUND POOL.

Property held by Fullocinq SENC, of which the seller is a co-owner. A buyer purchases an 11% share of Fullocinq SENC with exclusive rights to use apartment no. 11. High-quality co-owners. Good management by the administrators. The co-ownership encourages occupancy by mature, quiet people without children.

Monthly co-ownership fees include everything: heating, taxes, building maintenance fees, building insurance, and repayment of a mortgage contracted by the syndicate in 2021. In summary, you pay the monthly fee of $370 and your electricity.

The building includes 14 apartments. 9 co-owners have exclusive rights to their apartment, and 5 apartments are rented by the company, providing the property-owning company with an interesting income of over $45,000 annually.

No mortgage is accepted by Fullocinq SENC; however, buyers can take out a personal loan from the financial institution of their choice. No liens (mortgages) should be tied to the property.

Building maintained with care. Partial list of recent improvements to common areas: Parking lot paving in 2023, complete roof renovation in 2021, foundation drain renovation in 2021, update of fire regulations in the basement storage areas, installation of door closers on interior doors, and revision of access/fencing leading to the pool.

HYDRO: $245 per year - Information obtained from the Hydro-Sherbrooke website as of July 24, 2024, for Unit #11 only.