Archives des . - Courtier Immobilier Montréal Yanick E Sarrazin https://yanicksarrazin.com/en/immobilier/tag/1004/ Plateau Mont-Royal, Outremont, Rosemont La-Petite-Patrie, Mile-End, Ville Marie Wed, 07 Aug 2024 20:14:26 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 https://yanicksarrazin.com/wp-content/uploads/2020/11/77174542_2673133149440852_8670214071997431808_n-60x60.png Archives des . - Courtier Immobilier Montréal Yanick E Sarrazin https://yanicksarrazin.com/en/immobilier/tag/1004/ 32 32 Rosemont—La Petite-Patrie | 6545 De Saint-Vallier Street, a charming single-family home in the heart of La Petite-Patrie https://yanicksarrazin.com/en/immobilier/non-classifiee-en/rosemont-la-petite-patrie-6545-rue-de-saint-vallier-a-charming-single-family-home-in-the-heart-of-la-petite-patrie/ Wed, 21 Jun 2023 19:40:21 +0000 https://yanicksarrazin.com/?p=42401 6545 rue De Saint-Vallier – Détails sur la propriété Timeless elegance La Petite-Patrie, a vibrant neighborhood with undeniable charm, invites you to discover a magnificent property that is sure to captivate you. Nestled in the heart of this coveted urban enclave, this house exudes elegance and boasts details that will truly enchant you. Warm stays […]

L’article Rosemont—La Petite-Patrie | 6545 De Saint-Vallier Street, a charming single-family home in the heart of La Petite-Patrie est apparu en premier sur Courtier Immobilier Montréal Yanick E Sarrazin.

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6545 rue De Saint-Vallier - Détails sur la propriété

Timeless elegance

La Petite-Patrie, a vibrant neighborhood with undeniable charm, invites you to discover a magnificent property that is sure to captivate you. Nestled in the heart of this coveted urban enclave, this house exudes elegance and boasts details that will truly enchant you.

Warm stays evoke a nostalgic era, with their distinguished architectural ornaments such as mouldings, woodwork, stained glass windows, rosettes, and chandeliers. The high ceilings add a touch of grandeur to each room, creating a majestic and welcoming atmosphere.

Enchanted living spaces

Delve further and uncover a remarkably spacious and functional kitchen, adorned with cleverly designed storage options. This generous space will enable you to prepare memorable feasts alongside your loved ones, while savoring moments of warmth and camaraderie. Moreover, a charming and intimate terrace awaits you to indulge in the gentle summer evenings. This private outdoor space provides the perfect opportunity to relax, soak up the sun, and fully enjoy life in the heart of the city.

Furthermore, a delightful and intimate terrace awaits you to relish in the gentle summer evenings. This private outdoor space presents the ideal opportunity to unwind, soak up the sun, and fully embrace the vibrant city life.

Upstairs, be mesmerized by the five generously sized bedrooms that provide both privacy and absolute comfort.

But that’s not all! This property also features a detached double garage, offering ample space to shelter your vehicles and securely store your belongings.

6545 Saint-Vallier Street:

A truly exceptional property in the heart of Rosemont—La Petite-Patrie awaits your discovery today!

Contact us

Property features

Asking price : 1 195 000 $ 

Year of construction : 1900

Description : STUNNING PROPERTY IN THE HEART OF PETITE-PATRIE. Abundant windows. Spacious and elegant living spaces. 5 generously sized bedrooms. Cozy living rooms. Large kitchen with ample storage. Laundry room. Distinguished architectural ornaments: moldings, woodwork, stained glass, rosettes, and chandeliers. High ceilings. Ideal room division. Charming and intimate terrace. Detached double garage. Just steps away from Beaubien metro station and close to shops, gourmet grocery stores, and other urban delights of La Petite-Patrie. The charming Saint-Vallier street welcomes you!

Square footage : 2 500 pi²

Looking for a property in Montreal? Contact one of our real estate brokers.

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21 February 2024

A few properties for sale in La Petite-Patrie

Open house
16
Montréal, Apartment
6399A, Rue Cartier, Rosemont/La Petite-Patrie (Montréal)
2
1
1954
1710sq/ft

399 000$

Open house
15
Montréal, Apartment
6399, Rue Cartier, Rosemont/La Petite-Patrie (Montréal)
2
1
1954
1710sq/ft

549 000$

43
Montréal, Two or more storey
5800, Av. des Chênes, Rosemont/La Petite-Patrie (Montréal)
3
2
1945
6745sq/ft

1 350 000$

1
Montréal, Vacant lot
5972Z, 2e Avenue, Rosemont/La Petite-Patrie (Montréal)
7658sq/ft

1 495 000$

18
Montréal, Two or more storey
5304, 4e Avenue, Rosemont/La Petite-Patrie (Montréal)
2
2
1910
1179sq/ft

3 150$/month

20
Montréal, Apartment
790, Boul. Rosemont, app.306, Rosemont/La Petite-Patrie (Montréal)
2
1
2010
825sq/ft

625 000$

15
Montréal, Apartment
3469, Rue Aylwin, app.B, Rosemont/La Petite-Patrie (Montréal)
1
1
2016
505sq/ft

349 000$

41
Montréal, Commercial condo
5972, 2e Avenue, Rosemont/La Petite-Patrie (Montréal)
1928
7398sq/ft

1 495 000$

L’article Rosemont—La Petite-Patrie | 6545 De Saint-Vallier Street, a charming single-family home in the heart of La Petite-Patrie est apparu en premier sur Courtier Immobilier Montréal Yanick E Sarrazin.

]]> Is renting your property on Airbnb legal in Montreal? https://yanicksarrazin.com/en/immobilier/real-estate-information/is-renting-your-property-on-airbnb-legal-in-montreal/ Wed, 22 Feb 2023 20:06:47 +0000 https://yanicksarrazin.com/?p=37604 Is renting your property on Airbnb legal in Montreal?- Key Information This is a question that has been on everyone’s lips for a number of years. Indeed, it is not uncommon for our buyer clients to want to acquire a property for short-term tourist rentals, through the Airbnb platform. It should be noted that it […]

L’article Is renting your property on Airbnb legal in Montreal? est apparu en premier sur Courtier Immobilier Montréal Yanick E Sarrazin.

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Is renting your property on Airbnb legal in Montreal?- Key Information

This is a question that has been on everyone’s lips for a number of years. Indeed, it is not uncommon for our buyer clients to want to acquire a property for short-term tourist rentals, through the Airbnb platform. It should be noted that it is legal to rent under the Airbnb platform in the metropolis, but under different conditions.

As of May 1, 2020, the Act respecting tourist accommodation establishments indicates that for short-term tourist rentals (or “tourism residence”), that is less than 31 days, the owner must have an establishment number and a certificate of classification to put his property on Airbnb. Without these documents, the use of the platform would not be legal.

Bill 67 was subsequently introduced. Among other things, this new law allows Quebecers to rent short-term in their principal residence. This law will override the municipal law in force from 25 March 2023. That said, municipalities will be able to use a referendum process to limit the offer of tourist rentals in their territory. Our real estate brokers help you better understand the different characteristics between a principal and secondary residence:

Principal Residence

A principal residence must meet certain conditions:

• It is a place of life – real estate (a house, condominium unit, plex apartment, cottage etc.)

• You own it (or with someone else)

• You, your spouse, common-law partner, child (etc.) occupied the space during the year 

• You have designated the property as your principal residence

Secondary Residence

A secondary residence is defined as:

• Any property that is not your principal residence (an apartment, cottage or any investment for rental purposes)

• These housing units are referred to as ‘tourism residences’

What are the penalties for not having a licence?

It is Revenu Québec’s duty to ensure that the law is respected. Over the years, inspectors have had the task of administering fines ranging from $2,500 to $25,000 per individual who circumvents the law.

Boroughs: what are the regulations surrounding Airbnbs?

In Montreal, each borough has different regulations. Indeed, some areas of the metropolis are more severe than others concerning tourist residences. These are residences that are regularly offered for short-term rental to tourists. 

Le Plateau-Mont-Royal Équipe YE/SARRAZIN

Plateau-Mont-Royal

In the Plateau-Mont-Royal, the rental of tourist residences is only allowed on: 

• Saint-Laurent Boulevard between Sherbrooke Street and Mont-Royal Avenue;

• Saint-Denis Street between Sherbrooke Street East and Gilford Street.

The occasional rental of a principal residence is allowed throughout this district.

Rosemont-La Petite-Patrie

The operation of tourist residences, bed and breakfasts or hotel-apartments is authorized in Rosemont-La Petite-Patrie only: 

• at the location of Plaza Saint-Hubert on Saint-Hubert Street, north of Bellechasse Street and south of Jean-Talon Street East.

Villeray-Saint-Michel-Parc-Extension

In general, short-term rentals are not permitted in Villeray-Saint-Michel-Parc-Extension. For certain areas, a special authorization from the borough council is required. 

Outremont

It is not possible to have a tourist residence in Outremont.

Ville-Marie

This type of tourist rental is only accepted in Ville-Marie: 

• on Sainte-Catherine street, between Saint-Mathieu and Atateken streets.

The occasional rental of a principal residence is allowed in most of the borough, where residential use is allowed.

Sud-Ouest

Tourist residences must be in residential buildings located on these streets:

• Notre-Dame West street, between Rose-de-lima and Charlevoix streets;

• Peel Street in the Griffintown area

• Wellington Street in the Griffintown area

• du Square-Gallery street, between des Bassins street and the Lachine Canal.

In addition, two tourist residences must be separated by at least 150 metres from each other. 

Ahuntsic-Cartierville

It is not possible to have a tourist residence in Ahuntsic-Cartierville.

Mercier-Hochelaga-Maisonneuve

In Mercier-Hochelaga-Maisonneuve, tourist residences are only permitted in buildings with four or more units, as well as in areas where businesses are located. 

Would you like to know if the operation of a tourist residence is allowed in your area? Click here.

What steps do I need to take if I want to put my property on Airbnb?

• First of all, verify with your borough’s permit desk to see if your property is in a short-term rental area;

• You must then contact the Corporation de l’industrie touristique (CITQ) and apply for a classification certificate;

• When applying, it is important to provide a Notice of Compliance – Tourist Accommodation Establishment signed by the municipality. This form is available on the CITQ website;

• Once your permit is received, it must be posted on the premises. It indicates all activities and exercises authorized under the Planning By-law;

• All permits issued are related to the establishment and its operator.

Summary

 As mentioned earlier, since 2020, the Act respecting tourist accommodation establishments in Quebec has required a permit for short-term tourist rentals, such as Airbnb. Previously reserved only for secondary residences, Bill 67 now allows short-term rentals to be made in principal residences. This new law will came into force on March 25, 2023.

If you want to develop a tourist residence, meaning renting your principal or secondary property for a period of less than 31 days, it is important to inquire with your borough, especially at the permit counters, to check if this is possible. If this is the case, make sure you get all the necessary documents to rent your property legally. 

To access the regulations surrounding short-term tourist rentals in the 19 boroughs of Montreal, click here.  

A majestic home with an Airbnb permit in Montreal

Discover 3802 Boulevard Saint-Laurent, unit 2: a spacious condo offering generous and comfortable living spaces spread over two levels. As the title suggests, this home holds a valid Airbnb permit allowing you to monetize your investment by offering short-term rentals. A real opportunity for investors looking for an additional source of income!

Link to the property here !

Questions about short-term rentals? Contact a real estate broker

Read more from our real estate blog

L’article Is renting your property on Airbnb legal in Montreal? est apparu en premier sur Courtier Immobilier Montréal Yanick E Sarrazin.

]]> End of dual agency: bill 5 https://yanicksarrazin.com/en/immobilier/news/end-of-double-agency-bill-5/ Wed, 24 Aug 2022 22:03:14 +0000 https://yanicksarrazin.com/?p=22225 End of dual agency : bill 5 – Key Information This article was updated on August 24, 2022.  Bill 5 Given the current overheated real estate environment and in the interest of better protecting buyers in a real estate transaction in Quebec, Bill 5 was passed by the National Assembly. This amendment to the Real […]

L’article End of dual agency: bill 5 est apparu en premier sur Courtier Immobilier Montréal Yanick E Sarrazin.

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End of dual agency : bill 5 - Key Information

This article was updated on August 24, 2022. 

Bill 5

Given the current overheated real estate environment and in the interest of better protecting buyers in a real estate transaction in Quebec, Bill 5 was passed by the National Assembly. This amendment to the Real Estate Brokerage Act was adopted on June 10, 2022. Bill 5 involves various tax measures, but also measures related to the real estate market. It prohibits, among other things, the dual agency of a real estate broker with a buyer and a seller for a residential immovable, as well as the verbal brokerage contract. These measures would then avoid a potential conflict of interest.

With the arrival of this new law, many questions arise. What exactly does this law consist of? What are the benefits for buyers? Does it have any exceptions regarding its application? What are the advantages of the brokerage purchase contract for buyers? What is the opinion of our team’s real estate brokers regarding this important change?

Implications of the prohibition of dual agency

As mentioned previously, Bill 5 prohibits a real estate broker from representing a buyer and a seller at the same time in a transaction involving a residential immovable property. A real estate broker is licensed by the Organisme d’autoréglementation du courtage immobilier du Québec (OACIQ). The broker works with his client, must protect his interests and ensure loyalty. Respect for confidential customer information is essential. In a case of dual agency, these obligations cannot always be fulfilled and can give rise to major conflicts of interest, hence the importance of the establishment of this law.

The real estate broker must then represent only one part of the transaction (the buyer/the seller or the tenant/the lessor), thus ensuring a fairer treatment vis-à-vis the buyer.

The prohibition of dual agency is also combined with the prohibition of the verbal purchase brokerage contract. A written purchase brokerage contract must then be established between the buyer and the real estate broker in order to formalize the transaction.

If a case of dual agency occurs, i.e. a real estate broker is bound by a sale brokerage contract and a purchase brokerage contract, he must then notify the buyer in writing as to the termination of the purchase contract. As soon as this writing is sent, the termination of the purchase contract takes effect. The broker will then have to recommend a new real estate broker to this buying client. However, the buying client can choose not to be represented by anyone and make the decision they desire for the rest of the real estate transaction. If this is the case, the real estate broker must grant him fair treatment.

The concept of fair treatment is fundamental here. The real estate broker must inform the unrepresented buyer with objectivity. Indeed, the broker must demonstrate the accuracy of the information transmitted and indicate to the buyer any adverse elements concerning the desired property. However, the representation of the buyer and the defense of his interests are not possible without the signature of the purchase contract. In this case, the real estate broker will work in collaboration with the broker-seller. 

Dual agency exceptions

It should be noted that the OACIQ will establish certain exceptions with regard to compliance with the law of double agency. For example, for certain regions of Quebec that would be underserved, real estate brokers in that region would be authorized to represent buyers and sellers. Additional exceptions are expected in the coming months.

New real estate broker roles in a transaction

Broker-Seller: The broker-seller is the real estate broker who is bound by a Brokerage Sale Contract (BSC) with a seller. Since the broker has a signed contract, he must represent his client’s interests. 

Broker-Buyer: The broker-buyer is the real estate broker who is bound by a Brokerage Purchase Contract with a buyer (BPC). He can therefore represent the buyer and must defend his interests.

Broker-Collaborator: The broker-collaborator is the real estate broker who accompanies the buyer in the transaction, but is not bound by a brokerage purchase contract (BPC). As mentioned above, the broker-collaborator must work in collaboration with the broker-seller and cannot represent the buyer and his interests.

Brokerage purchase contract: what are the benefits for buyers?

Among the new obligations of this law, the brokerage purchase contract became mandatory as of June 10, 2022. In order to formalize the agreement between the buyer and the broker, the purchase contract must be signed by both parties. Signing this type of brokerage contract has many advantages for buyers:

  • Representation: the buyer can be represented by the real estate broker and the latter can defend his interests.
  •  
  • Personalized service: the buyer benefits from the custom search carried out by the broker (such as the creation of a portal of properties to visit). The buyer will also be better protected with regard to his personal information and interests.
  •  
  • Access to comparables: the buyer has access to market comparables obtained by the real estate broker’s expertise and the tools at his disposal.
  •  
  • Advice: The buyer receives advice and recommendations based on their needs and criteria throughout the purchase process. This advice will allow him to have a better knowledge of the situation (for example: are we in a situation of multiple offers) and in the real estate market more generally. 
  •  
  • Negotiation: the buyer is represented by his broker during the negotiation. The real estate broker’s negotiation skills will allow the buyer to acquire the desired property at a fair price and to stand out in multiple offers. 
  •  
  • Writing the promise to purchase: the buyer is advised by the broker on the conditions and clauses to be added to the promise to purchase in order to be further protected and distinguished. 

Dual agency exceptions

The OACIQ has established certain exceptions regarding compliance with the dual agency law.

-For certain areas of Quebec that would be underserved, real estate brokers in that area would be allowed to represent buyers and sellers. 

-A seller and a buyer can be represented by two brokers from the same real estate agency.

-For residential buildings with more than 5 units and commercial buildings, the brokerage purchase contract is not mandatory. The end of dual agency does not apply here. 

Summary

Bill 5 was adopted by the National Assembly and involves changes to the law on real estate brokerage. These changes have been in effect since June 10, 2022. Among other measures, this new law prohibits the dual agency of a real estate broker with a buyer and a seller for a residential building. It also indicates that in order to formalize a transaction, a written brokerage purchase contract must be established between the two parties. Certain exceptions to this dual agency will be granted, such as in small regions of Quebec where there is a deficit of real estate brokers. It also states that in order to formalize a transaction, a written brokerage purchase contract must be established between the two parties. With the mandatory purchase brokerage contract, this reduces potential conflicts of interest that can arise when a real estate broker represents a buyer at the same time as a seller. In addition, this provides additional protection to the buyer, strengthens the relationship of trust and loyalty between the two parties. 

*The use of the pronoun “He” was used to lighten up the text.

Questions? Contact one of our real estate brokers to enlighten you on the subject

L’article End of dual agency: bill 5 est apparu en premier sur Courtier Immobilier Montréal Yanick E Sarrazin.

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