881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC, J1L 0G2

MLS® # 14339047

Investment For Sale In Sherbrooke (Les Nations), Quebec

$1,595,000

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Frontage - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Outdoor

Hall - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor Photo Showing Other Room

Living room - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor Photo Showing Living Room With Fireplace

Dining room - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor Photo Showing Dining Room

Kitchen - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor Photo Showing Kitchen With Upgraded Kitchen

Kitchen - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor Photo Showing Kitchen

Storage - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor

Passageway - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor Photo Showing Other Room

Master bedroom - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor Photo Showing Bedroom

Ensuite bathroom - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor Photo Showing Bathroom

Bedroom - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor Photo Showing Office

Bathroom - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor Photo Showing Bathroom

Laundry room - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor Photo Showing Laundry Room

Den - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor Photo Showing Other Room

Hall - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor

Living room - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor Photo Showing Living Room

Kitchen - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor

Ensuite bathroom - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor Photo Showing Other Room

Bedroom - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor Photo Showing Bedroom

Bedroom - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor Photo Showing Living Room

Garage - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Indoor Photo Showing Garage

Exterior - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Outdoor With Exterior

Exterior - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Outdoor

Back facade - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Outdoor With Exterior

Aerial photo - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Other

Aerial photo - 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC - Outdoor With View

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881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC, J1L 0G2

$1,595,000

Property Information:

Unique in Sherbrooke! Magnificent high-end, modern-design fourplex in a peaceful area, close to everything, offering an unparalleled business opportunity! Its luxurious apartments feature large rooms, bright, spacious terraces and integrated garages. Take advantage of the building's assets to easily find quality tenants!

Discover this exceptional fourplex in Sherbrooke! With its high-end units and 9-foot ceilings on the first floor, this building offers a contemporary and refined setting.

A golden opportunity for investors, this building seduces potential tenants with its vast rooms, abundant light and spacious terraces. Each apartment features open-plan living, a kitchen with island and walk-in pantry, a master suite with en suite bathroom, a second bathroom and a separate laundry room. To top it all off, your tenants will have access to indoor parking spaces in an integrated, heated garage.

The building is ideally located close to all amenities: restaurants, shops, public transit, highway access, parks, bike paths, daycare centers and schools.

Potential income from the 4 units is $92,160 per year.

Don't miss this unique opportunity!

Please note that the seller reserves the right, at its sole discretion and under its own conditions, to offer a balance of sale on the building to any buyer wishing to do so.

*Rental income shown is as of July 1, 2024.

Inclusions: See leases.

Exclusions : See leases.

Building Features:

Style: Fourplex
Bathroom: Ensuite bathroom, Separate shower
Distinctive Features: Cul-de-sac
Driveway: Asphalt
Floor Covering: Wood, Ceramic
Foundation: Poured concrete
Garage: Heated, Built-in
Kitchen Cabinets: Laminate
Lot: Wooded
Parking: Driveway, Garage
Property or unit amenity: Wall-mounted air conditioning, Air exchange system
Proximity: Highway, Daycare centre, Park, Bicycle path, High school, Public transportation
Roofing: Elastomeric membrane
Siding: Other
Size: 54.4 x 60.3 Feet
Window Type: Casement
Windows: PVC
Heating System: Electric baseboard units, Radiant
Heating Energy: Electricity
Water Supply: Municipality
Sewage System: Municipality

Potential Gross Revenue:

Residential: $92,160

Taxes:

Municipal Tax: $12,811
School Tax: $776
Annual Tax Amount: $13,587

Property Assessemnt:

Lot Assessment: $196,600
Building Assessment: $676,200
Total Assessment: $872,800

Property Features:

Bedrooms: 3
Bathrooms: 2
Built in: 2017
Irregular: Yes
Lot Depth: 129.1 Feet
Lot Frontage: 46.4 Feet
Lot Size: 11758.40 Square Feet
Zoning: RESI
No. of Parking Spaces: 8

Revenue Units:

Unit 1

Pieces 6
Bedrooms 3
Baths 2

Unit 2

Pieces 6
Bedrooms 3
Baths 2

Unit 3

Pieces 6
Bedrooms 3
Baths 2

Unit 4

Pieces 6
Bedrooms 3
Baths 2

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.

Sold without legal warranty of quality, at the buyer's own risk.

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Notes:

Jean-Francois Bérubé

Courtier immobilier agréé DA Royal LePage Évolution EB, Real Estate Agency*

Office:819.820.8363

Fax:819.562.5590

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Alain Laplante

Courtier Immobilier Royal LePage Évolution EB, Real Estate Agency*

Office:819.820.8363

Fax:819.562.5590

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Dominique Massicotte

Courtier immobilier résidentiel et commercial Royal LePage Évolution EB, Real Estate Agency*

Office:819.820.8363

Fax:819.562.5590

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Market Price Trends

Location of 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC, J1L 0G2

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 881 - 887 Rue Chancellor , experiences 7 hot days per year at around 29.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 33.1 degrees Celsius.

Projected Avg. Temperature

Past

29.6℃

2050

33.1℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

15 storms expected in 2050

77/100

Moderate-High

ClimateCheck®

Current data

This property, 881 - 887 Rue Chancellor , experiences 12 significant 2-day storms per year, with about 367mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 470.5mm of precipitation per year.

Precipitation Per Storm

Past

367mm

2050

470.5mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC, J1L 0G2

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$113,570.23

Average Number of Children

1.89

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.97 %

High school certificate or equivalent

24.06 %

Apprenticeship trade certificate/diploma

11.44 %

College/non-university certificate

15.75 %

University certificate (below bachelor)

3.27 %

University Degree

29.5 %

Commuter

Travel To Work

By Car

84.07 %

By Public Transit

7.32 %

By Walking

5.92 %

By Bicycle

0.0 %

By Other Methods

2.69 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

76.4 %

Houses

23.6 %

Own Vs. Rent

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881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC, J1L 0G2 $1,595,000 MLS® # 14339047

Property Information:

Building Features:

Potential Gross Revenue:

Taxes:

Property Assessemnt:

Property Features:

Revenue Units:

Unit 1

Unit 2

Unit 3

Unit 4

Market Price Trends

Location of 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC, J1L 0G2

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC, J1L 0G2

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

881 - 887 Rue Chancellor, Sherbrooke (Les Nations), QC, J1L 0G2

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