Dreaming of waterfront living while generating rental income, or looking for an investment with exceptional potential? This Rock Forest property could be your next project! Boasting 109 feet of frontage along the navigable Magog River, a private dock and potential rental income of $66,000 per year, it presents a rare opportunity. Several improvements have been completed, and one unit remains to be finished and customized to your taste. A property offering endless possibilities in an exceptional setting!
Sale with exclusion(s) of legal warranty - See listing broker(s)
- Enjoying an exceptional waterfront location directly on the Magog River, in the sought-after Rock Forest area. - Benefiting from approximately 109 feet of water frontage and a dock providing access to the navigable river. - Admiring magnificent water views every day. - Enjoying a peaceful setting while remaining close to all amenities. - Investing in a property offering excellent rental income potential.
PROPERTY DESCRIPTION
- Property currently configured as three residential units, consisting of two 4 1/2 units and one 5 1/2 unit. - Spacious and bright residential units. - The unit intended for owner occupancy has been stripped of its interior finishes and requires completion, offering the opportunity to customize it to your taste. - Several renovations and improvements completed over the years. - Potential annual rental income of $66,000 or more, subject to the necessary verifications.
LOT AND EXTERIOR
- Lot offering approximately 109 feet of frontage along the Magog River. - Dock providing access to the navigable river. - Opportunity to enjoy a variety of water activities, including kayaking, paddleboarding and recreational boating. - Magnificent water views and an exceptional natural setting.
NEARBY AMENITIES
- Elementary and secondary schools - Daycares, parks and cycling paths - Grocery stores, shops and restaurants - Essential services - Quick access to major roadways
PLEASE NOTE:
* According to the municipality, current zoning permits, among other uses, a detached two-family dwelling but does not permit a three-family dwelling. The BUYER shall be responsible for conducting all verifications deemed necessary with the appropriate authorities regarding the compliance of the property's current or intended use.
* The unit intended for owner occupancy has been stripped of its interior finishes and requires work to complete its interior.
* The possibility of short-term rentals (Airbnb) must be verified by the BUYER with the appropriate authorities.
* Potential rental income is provided for informational purposes only and must be verified based on permitted uses.
Building details and property interior
Dimensions
65' 5" X 64' 6" irr.
Year constructed
1950
Living area
2,458 ft²
Windows
Wood, PVC
Window Type
Casement
Siding
Aluminum, Vinyl
Roofing
Asphalt shingles
Garage
Single width, Attached
Kitchen Cabinets
Melamine
Basement
6 feet and more, Finished basement
Lot and exterior features
Lot size
105' 8" X 100' 11" irr.
Lot area
1,018 m²
Water (access)
Waterfront (RIVIERE)
Topography
Sloped
View
View of the water
Driveway
Asphalt
Parking (total)
Garage (1), Driveway (4)
Proximity
Hospital, Park, Bicycle path, Elementary school, CEGEP, Public transportation, University, Highway, High school, Daycare centre, Golf
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
Lot assessment
$ 300,000
Building assessment
$ 286,300
Total
$ 586,300
Taxes
Municipal
(2026)
$ 5,356
School
(2025)
$ 322
Total
$ 5,678
Gross annual revenues (potential)
Residential
$ 36,600
Total
$ 36,600
Inclusions and exclusions
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.