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$289,000 +GST/QST
ULS: 11592913

Bungalow on one floor for sale
2614 Av. du Phare O., Matane (Matane)

Opportunity: Gross yield of nearly 7% with $20,000 in revenue--or even more if operated year-round. Transferable CITQ permit. Potential for expansion. This fully renovated property boasts an exceptional location with over 100 feet of river frontage and a private beach right on the lot. Enjoy breathtaking views, spectacular sunsets, and a peaceful setting all year long. With insulation in the floors, walls, and ceilings, it ensures optimal comfort in every season. Meticulous finishes and high-quality renovations make this a true turnkey property.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Number of rooms 4

Property features

1 Bedroom
1 Bathroom
* Property operated as a short-term rental with a CITQ permit and transferable grandfathered rights.
* Roof replaced in 2026 and water heater replaced in 2023.
* Interior refresh (kitchen, bathroom, and mezzanine) in 2022.
* Front and rear decks and side slabs refreshed in 2025.
* Septic tank with drain field installed in 2018.
* Crawl space details: Major stabilization and waterproofing work was carried out, including lifting the house, installing eight piles and H-beam steel beams, and installing a waterproofing and urethane membrane under the house.
* Financial summary of short-term rentals:
Annual gross revenue of over $20,000 for the summer months.
Potential annual gross revenue of over $35,000, based on operating the rental property over a 12-month period.
Annual expenses: $760 insurance / $150 CITQ (Quebec Tourism Industry Council) fees / $715 electricity / $2,920 taxes
Rentals are currently held from May to October.
Enjoy over 100 feet of waterfront on the St. Lawrence River.
Dimensions 19' 11" X 22' 6" irr.
Year constructed 1954
Windows PVC
Roofing Asphalt shingles
Washer/Dryer (installation) Bathroom (RC)
Basement Crawl space
Lot size 140' 5" X 249' 4" irr.
Lot area 2,679.40 m²
Topography Flat
Distinctive Features Resort/Cottage
Proximity Daycare centre, Golf, Hospital, Elementary school, Alpine skiing, High school, Cross-country skiing, Snowmobile trail, ATV trail, CEGEP
Living room
Level: 1st level/Ground floor
Dimensions: 12'5" X 10'2"
Flooring: Laminate floor
Details:
Kitchen
Level: 1st level/Ground floor
Dimensions: 12'5" X 10'0"
Flooring: Laminate floor
Details:
Bathroom
Level: 1st level/Ground floor
Dimensions: 5'5" X 9'2"
Flooring: Ceramic
Details:
Bedroom
Level: Mezzanine
Dimensions: 12'5" X 10'0"
Flooring: Wood
Details:
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Septic tank

Financial details

Municipal assessment (2026)

Lot assessment
$ 37,100
Building assessment
$ 79,400
Total
$ 116,500

Taxes

Municipal (2026)
$ 2,871
School (2026)
$ 50
Total
$ 2,921

Inclusions

Blinds, curtains, light fixtures, all furniture (except exclusions), bedding, dishes, lawnmower, 2-in-1 washer-dryer.

Exclusions

Living room table, artist's canvases, tractor, items stored in the crawl space.

Desjardins

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