3 bedrooms
1 bathroom
Lot dimensions 8 396 ft² (780.01 m²)

Owners’ comments

Automated translation

With its large apartments and its income potential, this quadruplex is an excellent investment opportunity or main residence in a popular area of Sherbrooke.

Located on Dominion Street in the Old North, this income building is a rarity on the market with two very large 6 1/2 of 1550 square feet each. In the basement a 3 1/2 and a 2 1/2 with hardwood floors are very well lit. Large lot surrounded by mature trees. The backyard is intimate and very quiet. The building is entirely brick and the windows have been changed. Revenues of $50,040 with a potential of $63,000. The two 6 1/2 are heated with hot water using the dual-energy system, which is very economical

.

The 6 1/2 on the ground floor is 1635.00$ heated

The 6 1/2 on the 2nd floor with fireplace is 1185.00$ heated

The 3 1/2 in the basement is $600.00

2/12 in the basement is $750.00

Visit only after making an offer to buy.

Must be financed at the National Bank (rate equating all the competition)

Price slightly negotiable.

Complete Description
Complete Description

Property features

Asking Price
$845,000
Details
With income
Year of construction
1960
Building dimensions
1 551.44 ft² (144.13 m²)
General condition
Excellent
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
North
Number of parkings
8
Municipal evaluation's date
2022
Lot's municipal evaluation
$116,800
Building's municipal evaluation
$304,300
Taxes year
2023
Studio
1
1 Bedroom
1
4 Bedroom and more
2
Bedrooms (total)
3

External facing:

  • Brick

Foundation:

  • Cast concrete

Roof:

  • Asphalt shingle

Floor coverings:

  • Hardwood
  • Ceramic

Windows:

  • PVC

Heating source:

  • Hot water
  • Electric
  • Oil

Electric system:

  • 100 amps

Features:

  • Central vacuum
  • Shed
  • Furnace

Kitchen:

  • Melamine cabinets

Upgrades:

  • Doors
  • Roof
  • Shed
  • Terrace
  • Landscaping

Parking / Driveway:

  • Asphalt
  • Crushed Gravel

Location:

  • Highway access
  • Near park
  • Residential area
  • Public transportation

Lot description:

  • Flat geography

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center

Near Educational Services:

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

Near Recreational Service:

  • Golf course
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bedroom 1 (Primary)
Storey: 1st floor
Dimensions: 14' 2" x 13' 7" (4,32 m x 4,14 m)
Flooring: Hardwood
Bedroom 2
Storey: 1st floor
Dimensions: 12' 10" x 11' 2" (3,91 m x 3,4 m)
Flooring: Hardwood
Bedroom 3
Storey: 1st floor
Dimensions: 11' 3" x 11' 4" (3,43 m x 3,45 m)
Flooring: Hardwood
Dining room
Storey: 1st floor
Dimensions: 13' 6" x 11' 8" (4,11 m x 3,56 m)
Flooring: Hardwood
Kitchen
Storey: 1st floor
Dimensions: 13' 6" x 10' 6" (4,11 m x 3,2 m)
Flooring: Ceramic
Living room
Storey: 1st floor
Dimensions: 17' 3" x 14' 9" (5,26 m x 4,5 m)
Flooring: Hardwood
Veranda
Storey: 1st floor
Dimensions: 15' x 7' (4,57 m x 2,13 m)
Flooring: Soft wood
Bedroom
Storey: Basement
Dimensions: 10' 6" x 9' 9" (3,2 m x 2,97 m)
Flooring: Hardwood
Dining Room / Living room
Storey: Basement
Dimensions: 17' 2" x 14' (5,23 m x 4,27 m)
Flooring: Hardwood
Open concept
Storey: Basement
Dimensions: 22' 2" x 12' 6" (6,76 m x 3,81 m)
Flooring: Hardwood
Storage space
Storey: Basement
Dimensions: 15' 9" x 13' 3" (4,8 m x 4,04 m)
Flooring: Concrete
Shed
Storey: Other
Dimensions: 10' x 8' (3,05 m x 2,44 m)
Flooring: Other
Shed
Storey: Other
Dimensions: 12' x 8' (3,66 m x 2,44 m)
Flooring: Other

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$30.09
$361.08
Municipal taxes
$489.35
$5,872.17
Electricity
$116.67
$1,400.00
Heating
$41.67
$500.00
Insurance
$167.77
$2,013.23

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$3,895.00
$46,740.00

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.

Need the form?

Documents to download

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.

$845,000

Quadruplex for sale

1269 rue du Dominion Sherbrooke (Jacques-Cartier) Estrie

No. 1054774

With income
Contact the owner

Are you a real estate agent?

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.

Contact the owner

Are you a real estate agent?

NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.