4 bedrooms
1 bathroom
Lot dimensions 4 940.63 ft² (459 m²)

Owners’ comments

Automated translation

Exceptional business opportunity with current revenues of $47,000 per year.

Or even: purchase with the 2 free homes to the buyer in January 2027.

Ancestral duplex (1912) including 2 large 6 1/2 apartments on a residential street 2 minutes from downtown, close to all services: grocery store, bank, hospital, school, CEGEP, cinema, CEGEP, cinema, restaurant, restaurant, restaurant, restaurant, restaurant, bike path, bike path, public transport, and many other services.

Each unit has 4 bedrooms, a bathroom, a living room and a kitchen/dining room (with washer/dryer), and hardwood floors almost everywhere.

Bedroom No. 2 of each unit was previously a living room and was closed by a double door to make it a 4th bedroom (possibility of redoing a living room).

There are two parking spaces on each side of the building.

The ground floor has access to the basement, which consists of a storage space, the engine room, and has a door leading to the fenced outdoor courtyard.

The accommodations have a balcony in front and a large gallery at the back, in addition to a courtyard and a shed.

The building has undergone major renovations over the years: all doors/windows, heating system, heating system, electrical panels, urethane basement insulation, water inlet and plumbing, all galleries, kitchen and bathroom renovation, floors.

Energy (according to Hydro-Sherbrooke):

Upper house: $1,200/year Lower
house: $2,500/year

All furniture and accessories in the apartments and in the basement belong to the owners, and can be sold with the building if you wish to continue renting student rooms (to be negotiated).

The sale at the notary must take place in January 2027, in order to respect the current tenants.

Room dimensions are approximate.

Sale without legal warranty at the risk and peril of the buyer.

Visit by appointment and after receiving mortgage pre-approval.

Complete Description
Complete Description

Property features

Asking Price
$549,000
Style
Detached
Details
With income
Year of construction
1912
Building dimensions
30.6x37.7 ft (9.33x11.49 m)
Occupation rate
100
Courtyard orientation
West
Number of parkings
4
Lot's municipal evaluation
$101,000
Building's municipal evaluation
$174,800
Annual income
$47,000.00
4 Bedroom and more
2

External facing:

  • Wood
  • Vinyl Siding

Foundation:

  • Rock

Roof:

  • Elastomer membrane

Heating source:

  • Hot water
  • Electric

Features:

  • Shed
  • Ceiling fixtures
  • Window coverings
  • Blinds

Kitchen:

  • Melamine cabinets
  • Dishwasher
  • Stove
  • Fridge

Basement:

  • Separate entrance
  • Unfinished

Upgrades:

  • Cabinets
  • Heating
  • Kitchen
  • Electrical
  • Insulation
  • Painting
  • Floors
  • Plumbing
  • Doors
  • Bathrooms

Parking / Driveway:

  • Outside
  • Crushed Gravel

Location:

  • Near park
  • No backyard neighbors
  • Public transportation

Lot description:

  • Fenced
  • Water view

Near Commerce:

  • Bank
  • Bar
  • Drugstore
  • Restaurant
  • Supermarket

Near Health Services:

  • Medical center
  • Dentist
  • Hospital

Near Educational Services:

  • College
  • Elementary school
  • High School
  • Daycare
  • Kindergarten
  • University

Near Recreational Service:

  • Library
  • Ski resort
  • Sportif center
  • Gym
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bedroom 1 (Primary)
Storey: Main floor
Dimensions: 8' 7" x 9' 2" (2,62 m x 2,79 m)
Flooring: Hardwood
Bedroom 2
Storey: Main floor
Dimensions: 11' 7" x 12' 2" (3,53 m x 3,71 m)
Flooring: Linoleum
Bedroom 3
Storey: Main floor
Dimensions: 11' 5" x 12' 1" (3,48 m x 3,68 m)
Flooring: Hardwood
Bedroom 4
Storey: Main floor
Dimensions: 11' 4" x 8' 9" (3,45 m x 2,67 m)
Flooring: Hardwood
Dining Room / Kitchen
Storey: Main floor
Dimensions: 17' 1" x 10' 6" (5,21 m x 3,2 m)
Flooring: Vinyl
Apartment living room
Storey: Main floor
Dimensions: 16' 6" x 10' 9" (5,03 m x 3,28 m)
Flooring: Hardwood
Bathroom
Storey: Main floor
Dimensions: 5' 1" x 8' 4" (1,55 m x 2,54 m)
Flooring: Ceramic
Bedroom 1 (Primary)
Storey: 2nd floor
Dimensions: 14' 1" x 10' 1" (4,29 m x 3,07 m)
Flooring: Hardwood
Bedroom 2
Storey: 2nd floor
Dimensions: 11' 7" x 12' 2" (3,53 m x 3,71 m)
Flooring: Hardwood
Bedroom 3
Storey: 2nd floor
Dimensions: 11' 5" x 12' 1" (3,48 m x 3,68 m)
Flooring: Hardwood
Bedroom 4
Storey: 2nd floor
Dimensions: 11' 4" x 8' 8" (3,45 m x 2,64 m)
Flooring: Hardwood
Apartment living room
Storey: 2nd floor
Dimensions: 16' 6" x 10' 9" (5,03 m x 3,28 m)
Flooring: Hardwood
Dining Room / Kitchen
Storey: 2nd floor
Dimensions: 17' 1" x 10' 6" (5,21 m x 3,2 m)
Flooring: Vinyl
Bathroom
Storey: 2nd floor
Dimensions: 5' 1" x 8' 4" (1,55 m x 2,54 m)
Flooring: Ceramic
Basement
Storey: Basement
Dimensions: 30' 1" x 37' 1" (9,17 m x 11,3 m)
Flooring: Concrete

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$13.00
$156.00
Municipal taxes
$258.00
$3,096.00
Electricity
$307.67
$3,692.00
Insurance
$208.67
$2,504.00
Lease fees
$27.42
$329.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$3,916.67
$47,000.00

The steps involved in buying a property

Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.

1
Financing

One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.

2
Offer to purchase

The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.

3
Conditions of purchase

The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.

4
Property transfer

The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.

Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!

More details on these steps

See our All about buying section.

Download the legal documents that you need

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$549,000

Duplex for sale

421 rue Lawford Sherbrooke (Fleurimont) Estrie

No. 1136375

With income
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Are you interested in this property?
Here’s how to contact the owner
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