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Investment In Sherbrooke (Les Nations), Quebec

1023 - 1027 Rue King O., Sherbrooke (Les Nations), QC, J1H 1S4

Property Information:

A superb opportunity! This semi-commercial building offers the possibility of occupying the commercial space or considering a residential conversion. Ideally located, it offers considerable potential for optimization. With stable tenants for many years, it boasts 3 beautiful units with lots of character, wood floors, plenty of natural light and views of the city and Lac des Nations. Whether you're an investor or looking for a property with a commercial component, this triplex promises endless possibilities in a privileged setting.

Possibility of occupying the commercial premises with one's business or converting the space into housing. The buyer is required to verify this with the city.

According to the municipal tax roll, 40% of the property is taxable.

This sale is made without legal warranty of quality and at the buyer's risk.

Inclusions: As per the leases.

Exclusions : As per the leases.

Building Features:

  • Style: Triplex
  • Driveway: Unpaved
  • Floor Covering: Wood, Flexible floor coverings, Laminate floor
  • Foundation: Poured concrete, Stone
  • Kitchen Cabinets: Wood, Melamine
  • Lot: Landscaped
  • Parking: Driveway
  • Proximity: Highway, Daycare centre, Golf, Park, Bicycle path, Elementary school, High school, Public transportation
  • Roofing: Elastomeric membrane
  • Siding: Brick
  • Size: 24.3 x 40.1 Feet
  • Topography: Flat
  • View: View of the water, View of the city
  • Window Type: Guillotine
  • Windows: PVC
  • Heating System: Electric baseboard units
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $17,604
  • Commercial: $13,200

Taxes:

  • Municipal Tax: $5,409
  • School Tax: $174
  • Annual Tax Amount: $5,583

Property Assessment:

  • Lot Assessment: $145,500
  • Building Assessment: $232,000
  • Total Assessment: $377,500

Property Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Built in: 1920
  • Floor Space (approx): 2682.3 Square Feet
  • Irregular: Yes
  • Lot Depth: 84.8 Feet
  • Lot Frontage: 37.7 Feet
  • Lot Size: 3298.00 Square Feet
  • Zoning: AUT, COMM, RESI
  • No. of Parking Spaces: 4

Rooms:

  • Living 2nd Level 3.35 m x 3.96 m Flooring: Wood
  • Dining 2nd Level 3.89 m x 3.30 m Flooring: Wood
  • Kitchen 2nd Level 3.56 m x 3.30 m Flooring: Wood
  • Bedroom 2nd Level 3.28 m x 3.51 m Flooring: Wood
  • Primary Bedroom 2nd Level 3.28 m x 3.84 m Flooring: Wood
  • Bathroom 2nd Level 3.51 m x 1.40 m Flooring: Laminate floor
  • Living 3rd Level 3.35 m x 3.96 m Flooring: Wood
  • Dining 3rd Level 3.89 m x 3.30 m Flooring: Wood
  • Kitchen 3rd Level 3.56 m x 3.30 m Flooring: Wood
  • Bedroom 3rd Level 3.28 m x 3.51 m Flooring: Wood
  • Primary Bedroom 3rd Level 3.28 m x 3.84 m Flooring: Wood
  • Bathroom 3rd Level 3.51 m x 1.40 m Flooring: Laminate floor

Convert Measurement to:

Revenue Units:

  • Pieces 4
  • Bedrooms 2
  • Baths 1
  • Pieces 4
  • Bedrooms 2
  • Baths 1

Courtesy of: Royal LePage Évolution

Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.

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Demographic Information of 1023 - 1027 Rue King O., Sherbrooke (Les Nations), QC, J1H 1S4

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$91,482.40

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.53 %

High school certificate or equivalent

19.84 %

Apprenticeship trade certificate/diploma

12.53 %

College/non-university certificate

18.64 %

University certificate (below bachelor)

1.89 %

University Degree

30.57 %

Commuter

Travel To Work

By Car

71.84 %

By Public Transit

10.49 %

By Walking

14.73 %

By Bicycle

0.69 %

By Other Methods

2.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

80.48 %

Houses

19.52 %

Own Vs. Rent

Location of 1023 - 1027 Rue King O., Sherbrooke (Les Nations), QC, J1H 1S4

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