Charming property completely renovated on the shores of Lovering Lake combining a modern and industrial design while retaining its rustic elements. You will be seduced by its unique character! With its 81' of coastline and its sublime land of 25 529 pc, it offers an exceptional living environment. Enjoy your evenings on the terrace with the breathtaking view of the lake and share an aperitif on the dock while watching the sunset through the mountains. Having a short-term rental permit, "le Monarque" generates average rental income of $57,500/year. Great investment opportunity or as a residence!
27'1" X 24'10"
1951
1,346.35 SF
PVC
Sliding , Casement , French door
Poured concrete
Vinyl
Asphalt shingles
Detached
Bathroom : 1st level/Ground floor
Wall-mounted shower and bath
Low (less than 6 feet) , Outdoor entrance
COUP DE COEUR - WATERFRONT * APPOINTMENT VISITS ONLY *
Come discover this true haven of peace, built in 1951 and completely renovated in 2019. Nestled on a spacious 25,529-square-foot lot, this property is a waterfront rarity, with nearly 81 feet of shoreline on Lac Lovering. It harmoniously blends modern and industrial style with rustic elements, offering all the modern comforts while preserving its old-world charm.
RENOVATIONS CARRIED OUT :
[2019]
- Raised house and new poured concrete foundation
- Polyurethane insulation (foundation and exterior walls)
- EcoFlo Coco septic system
- Artesian well (500G/h, 120' deep)
- Plumbing and electricity 90% redone
- Completely renovated kitchen
- Removal of a wall to create an open-plan living/dining area
area and addition of exposed steel beams
- Hardwood floors sanded and varnished on main floor
- Addition of a propane stove
- Two new outdoor galleries with storage
- Addition of garden shed with spa
- Exterior siding
- Roof sheathing
- Landscaping and drainage
[2020]
- Fully modernized bathroom
[2023-2024]
- Replacement of windows
PRIVILEGED LOCATION:
Located on the sunset side, on a nearly six-kilometer navigable lake, and close to Magog, you'll enjoy many outdoor activities while being minutes from amenities.
INVESTMENT OPPORTUNITY:
Currently operated as a short-term rental residence with CITQ permit, it generates revenues of approximately $57,500 per year for an average rental rate of 52%. It is a great opportunity for an investment or a primary/secondary residence, allowing you to enjoy a few weeks of vacation per year while contributing to the repayment of your mortgage. If you are planning to rent a short-term apartment, you will only need to obtain a GST and QST number from the government authorities, and you will not be subject to applicable taxes. See broker for details.
Don't miss this unique opportunity to own this peaceful Eastern Townships haven. Contact us today to schedule your visit!
SUITE INCLUSIONS :
Exterior: SPA and accessories, picnic table + red umbrella, outdoor fireplace, wooden patio set (the table + 4 chairs + 1 bench), pergola, 5 black outdoor chairs + small table on patio, BBQ, docks, 3 kayaks, 1 paddle board, 8 lightweight plastic gray outdoor chairs, 2 gray resin Adirondak chairs.
** Note that the maintenance fees for the private road will be revised upwards for 2024 as part of the path will be redone. The fees will then return to normal from 2025.
27'1" X 24'10"
1951
1,346.35 SF
PVC
Sliding , Casement , French door
Poured concrete
Vinyl
Asphalt shingles
Detached
Bathroom : 1st level/Ground floor
Wall-mounted shower and bath
Low (less than 6 feet) , Outdoor entrance
165'1" X 251'4" Irregular
25,528.77 SF
Waterfront : LAC , Navigable
Bordered by hedges , Landscaped
Flat
View of the water , View of the mountain
Double width or more , Unpaved , With outside socket
Driveway : 10 , Garage : 1
Highway , Park , Bicycle path , CARAC.PROX.SMOT , CARAC.PROX.SVTT
Room | Level | Dimensions | Flooring | Description |
---|---|---|---|---|
Hall | 1st level/Ground floor | 11' X 6'10" | Wood | |
Kitchen | 1st level/Ground floor | 11'4" X 9'4" | Wood | |
Dining room | 1st level/Ground floor | 14' X 10'3" | Wood | Propane Stove |
Living room | 1st level/Ground floor | 11' X 11'5" | Wood | |
Bathroom | 1st level/Ground floor | 7' X 11'6" | Ceramic | |
Powder room | 2nd level | 3'10" X 6'10" | Wood | |
Primary bedroom | 2nd level | 11'8" X 23'4" | Wood | |
Bedroom | 2nd level | 11'3" X 9'2" | Wood | |
Bedroom | 2nd level | 7'7" X 9' | Wood | |
Storage | Basement 1 | 24'5" X 22'3" | Concrete | Glycol-heated concrete slab |
Electric baseboard units , Radiant
Electricity , Propane
Gas stove
Central vacuum cleaner system installation , Water softener , CARAC.EQUI.BALC , CARAC.EQUI.COUR , Fire detector , CARAC.EQUI.MEUB , Outside storage , Wall-mounted heat pump
Artesian well
Ecoflo Coco System
Interior: Stove, refrigerator, dishwasher, microwave hood, washer, dryer, pantry, kitchen island, lighting fixtures, poles + curtains, blinds, heat pump, propane stove, central vacuum, beds, mattresses, bedside tables, chests of drawers, rocking chair, frames, mirrors except the entrance, sofas, TV, furniture in the living room, 2 chairs + table in the entrance. Possibility to sell any furnished items including bedding/decor sets, dishes and kitchen equipment. *CONTINUED IN ADDENDUM*
Furniture not included and personal effects, lawn tractor, ATV, mower, various tools, kitchen table and 8 chairs, mirror in the entrance, wall decoration dining room, orange kayak.
My name is MARIE-PIER COMPAGNAT, RE/MAX real estate broker. How may I help you?
Do you have a question?
RE/MAX D'ABORD | 157 boul. Jacques-Cartier Sud, Sherbrooke (Les Nations), Québec, J1J 2Z4
Hello, my name is MARIE-PIER COMPAGNAT, real estate broker. Contact me for more information.
You must log in on your MY/REMAX account to add properties in your favorites.