A playground in Saint-Augustin-de-Desmaures was purchased for $2.7 million

Hundreds of properties in Quebec change hands every day, most of them without us knowing the exact details. That was before we became interested… Here are the latest transactions that caught our attention.

In Saint-Augustin-de-Desmaures, a residence built on land converted into a massive playground for equestrian, motocross and helicopter enthusiasts has just sold for $2.7 million.

Located at 101 Chemin du Domaine, the single-story residence features four bedrooms, two bathrooms, a powder room, a fireplace and a covered terrace with spa.

A playground in Saint-Augustin-de-Desmaures was purchased for $2.7 million

Realtors.ca

The 123,519 square meter property also includes a stable, an equestrian center, a motocross racing track and no fewer than nine garages.

The seller, François Dumas, purchased this property in 2015 from Yvan Belleau and Lynda Plante. At that time, the transaction closed for $629,500.

A playground in Saint-Augustin-de-Desmaures was purchased for $2.7 million

Realtors.ca

Its owner recently relisted it for $2,895,000. A buyer ended up paying $2.7 million for it, $195,000 or 6.7% below the asking price.

At last appraisal, this property was assigned a value of $895,000. An increase of 2.87% compared to the previous valuation of $870,000.

In 2023, municipal taxes were $9,019. For buyers, a transfer tax of $61,843 will be added to the purchase price, payable to the city of Saint-Augustin-de-Desmaures.

With the contribution of Philippe Langlois.

Excerpted from the Journal’s weekly real estate column. If you hear of an interesting transaction, do not hesitate to share it at [email protected].


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