Within four years, it was selling 70% more

Within four years, it was selling 70% more

Every day, hundreds of properties change hands in Quebec, most without our knowledge. That was before we got interested in it… Here are the latest transactions that caught our attention.

A luxury two-story residence owned by a Swiss citizen on the shores of Lake Saint-Joseph near Quebec has sold for $2.2 million.

The property is located at 6019 route Fossambault in Fossambault-sur-le-Lac, about forty kilometers from Quebec. In addition to a large solarium, the property offers five bedrooms, two bathrooms, two fireplaces, a private beach and a pontoon boat on two decks.



Remax

The property and part of its construction is flooded and no construction zoned. Jacques Charles Renevey bought it in November 2019 for $1.3M.

Within four years, it was up for sale for $2.4 million. A $2.2 million purchase offer, 70% more than four years ago, was accepted.

At the last valuation list, the residence was valued at $1.31 million. In 2023, its municipal taxes were $13,407. Purchase price for buyers includes $31,343 in transfer tax.

Excerpted from the Journal’s weekly real estate column. If you hear about an interest transaction, don’t hesitate to contact it [email protected].

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