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Investment In Sherbrooke (Les Nations), Quebec

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

Property Information:

Ideal for owner-occupiers and 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 Sherbrooke quadruplex ideal for owner-occupants!! 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.

The present sale is made without the legal guarantee of quality, at the buyer's risk.

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
  • 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: $13,112
  • School Tax: $1,256
  • Annual Tax Amount: $14,368

Property Assessment:

  • Lot Assessment: $282,800
  • Building Assessment: $958,100
  • Total Assessment: $1,240,900

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:

  • Pieces 6
  • Bedrooms 3
  • Baths 2
  • Pieces 6
  • Bedrooms 3
  • Baths 2
  • Pieces 6
  • Bedrooms 3
  • Baths 2
  • Pieces 6
  • Bedrooms 3
  • Baths 2

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.

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

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

Life Stage

Midlife Families

Employment Type

Service Sector/White Collar

Average Household Income

$125,916.41

Average Number of Children

1.75

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.06 %

High school certificate or equivalent

20.29 %

Apprenticeship trade certificate/diploma

16.11 %

College/non-university certificate

17.33 %

University certificate (below bachelor)

2.73 %

University Degree

33.49 %

Commuter

Travel To Work

By Car

89.13 %

By Public Transit

7.69 %

By Walking

1.03 %

By Bicycle

1.02 %

By Other Methods

1.13 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

61.94 %

Houses

38.06 %

Own Vs. Rent

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

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