At the foot of Mount Royal, on a cul-de-sac, discover this spacious one-bedroom apartment with a balcony and wood floors. Large bedroom, generous living/dining room and functional kitchen with potential for expansion and updating. Building with elevator, shared rooftop terrace and laundry room. Near Université de Montréal, hospitals and Côte-des-Neiges shops, with bus service on the avenue. Heating, hot water, municipal and school taxes included in monthly fees. Share ownership; purchase without mortgage financing.
Sale with exclusion(s) of legal warranty - See listing broker(s)
At the foot of Mount Royal, on a cul-de-sac, this spacious apartment with a large bedroom offers leafy surroundings close to Côte-des-Neiges amenities.
THE APARTMENT
Located on the second floor, it offers approximately 557 sq. ft. of living space, a large bedroom, a generous living and dining room, wood floors and a balcony.
The existing kitchen is functional. The space between the kitchen and bedroom offers potential for expansion and modernization, as done in other apartments in the building, subject to technical assessments and required approvals.
THE BUILDING AND NEIGHBOURHOOD
The 31-unit building features an elevator, laundry room, secure entrance and shared rooftop terrace with tables and chairs. A storage space is assigned to the apartment. Garage spaces may be rented, subject to availability; no parking is included.
Enjoy proximity to Mount Royal, Université de Montréal, major hospitals and Côte-des-Neiges shops.
Bus route 11 serves the avenue towards Mount Royal Park, the Plateau and La Fontaine Park. Route 165, on Côte-des-Neiges Road, provides connections to downtown and Côte-des-Neiges metro station.
MONTHLY FEES AND IMPROVEMENTS
Monthly fees of $419 include heating, hot water, municipal and school taxes, building insurance and common-area maintenance. An additional special assessment of $101 per month applies until March 31, 2027, according to the budget, bringing the monthly total to $520. Electricity for the apartment is separate.
The corporation has an asset management plan. Major work completed in recent years includes masonry repairs to the front, rear and west façades, the penthouse roof, skylights and fire safety improvements. The future buyer will benefit from these upgrades.
The obligations under Bill 16 specific to divided co-ownership do not apply to this ownership structure. This does not prevent sound management of the property.
SHARE PURCHASE
The buyer acquires shares in 3380 Av. Ridgewood Inc., granting the exclusive right to occupy apartment 204, and becomes a shareholder in the corporation that owns the building.
No mortgage can be registered against the apartment. The shares must be paid in full upon transfer. This particularity translates into a lower purchase price than that of a comparable apartment under a traditional condominium ownership structure.
Once the buyer and seller agree on the price and terms, the board of directors meets with the buyer, explains the occupancy rules and sets the transfer date. The transfer takes place between the seller and buyer, with the board's approval and using the documents provided by the corporation.
Building details and property interior
Year constructed
1947
Living area
557 ft²
Room details
Hall
Level:
2nd level
Dimensions:
6'4" X 10'6" irr.
Flooring:
Wood
Details:
Bathroom
Level:
2nd level
Dimensions:
5'0" X 6'8" irr.
Flooring:
Ceramic
Details:
Kitchen
Level:
2nd level
Dimensions:
5'10" X 6'8"
Flooring:
Wood
Details:
Dining room
Level:
2nd level
Dimensions:
11'6" X 7'0"
Flooring:
Wood
Details:
Living room
Level:
2nd level
Dimensions:
11'6" X 11'0"
Flooring:
Wood
Details:
Primary bedroom
Level:
2nd level
Dimensions:
10'0" X 15'0"
Flooring:
Wood
Details:
Characteristics
Water Supply
Municipality
Sewage System
Municipality
Financial details
Annual expenses
Condominium fees
$ 5,028
Total
$ 5,028
Inclusions and exclusions
Inclusions
efrigerator, microwave, stove and light fixtures.
Exclusions
Bedroom curtains.
Mortgage payment calculator
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This document is not an offer or a promise that may bind the seller, but is an invitation to submit such offers or promises.