$659,000 +GST/QST
ULS: 19647345
Commercial for sale - Magog
224 Rue Merry N., Magog
Tourist lodge in full operation in the heart of Magog, within walking distance of Lake Memphremagog, restaurants, and all the city's activities. Very well-maintained with an excellent clientele. 5 bedrooms, each with a private bathroom for guests, and a suite with a bedroom and office for the owners.
Lot area
907.90 m²
ISABELLE ST-ARNAULT
Real Estate Broker
RE/MAX D'ABORD INC.
DANIEL PELCHAT
Certified Real Estate Broker, AEO
RE/MAX D'ABORD INC.
Addendum
The property is very well divided, with ideal divisions, including two distinct sections, one for the owners who can benefit from 2 large suites, one with a bureau or lounge (which can serve as a bedroom). So, there are 5 potential guest rooms and one bedroom and a bureau (or lounge) for the owners.
Guest rooms all have spacious private bathrooms with comfortable showers.
Dream kitchen with a superb island.
Spacious dining room with a lovely rear patio, water garden, children's cabin, and a second patio at the back of the property, at the foot of the small wooded area, to enhance your moments of relaxation. Covered gallery in front to enjoy rainy evenings or to have morning coffee or an aperitif.
The basement is minimally finished but very dry, with a workshop area, storage, and even the possibility of a small game room. Photos available upon request.
A new location certificate is in preparation.
Please see the residential internet sheet for detailed room measurements. MLS 12784768
The building is 70% commercial and 30% residential. Therefore, the sale is taxable on 70% of the selling price. The buyer will be able to obtain a GST and QST number from the government and will not have to pay them. They will be able to continue operating the lodge without having to pay taxes.
The owners will be delighted to provide basic training to future buyers.
The seller does not provide any legal warranty of quality to the buyer; however, the buyer does not waive the legal warranties given by previous owners and received by the seller upon the acquisition of the property, which are assigned to the buyer hereby.
Guest rooms all have spacious private bathrooms with comfortable showers.
Dream kitchen with a superb island.
Spacious dining room with a lovely rear patio, water garden, children's cabin, and a second patio at the back of the property, at the foot of the small wooded area, to enhance your moments of relaxation. Covered gallery in front to enjoy rainy evenings or to have morning coffee or an aperitif.
The basement is minimally finished but very dry, with a workshop area, storage, and even the possibility of a small game room. Photos available upon request.
A new location certificate is in preparation.
Please see the residential internet sheet for detailed room measurements. MLS 12784768
The building is 70% commercial and 30% residential. Therefore, the sale is taxable on 70% of the selling price. The buyer will be able to obtain a GST and QST number from the government and will not have to pay them. They will be able to continue operating the lodge without having to pay taxes.
The owners will be delighted to provide basic training to future buyers.
The seller does not provide any legal warranty of quality to the buyer; however, the buyer does not waive the legal warranties given by previous owners and received by the seller upon the acquisition of the property, which are assigned to the buyer hereby.
Building details and property interior
Dimensions
39' 4" X 47' 9" irr.
Year constructed
1909
Windows
PVC, Wood
Siding
Wood
Roofing
Asphalt shingles
Basement
Other, Low (less than 6 feet), Unfinished
Lot and exterior features
Lot size
66' X 148' 4" irr.
Lot area
907.90 m²
Driveway
Unpaved
Parking (total)
Driveway (7)
Proximity
Other, Highway
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Rented Equipment (monthly)
Propane tank (13)
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 116,200
- Building assessment
- $ 222,600
- Total
- $ 338,800
Taxes
- Municipal (2024)
- $ 4,306
- School (2023)
- $ 303
- Total
- $ 4,609
Energy expenses
- Electricity
- $ 4,288
- Total
- $ 4,288
Inclusions and exclusions
Inclusions
Furniture and equipment used to operate the lodge. Ask the listing broker for the list
Exclusions
Personal belongings.
Mortgage payment calculator
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