7 bedrooms
4 bathrooms
1 half bath
Lot dimensions 6 599 ft² (613.07 m²)

Owners’ comments

Automated translation

Located on Boulevard Jacques-Cartier Nord, in Sherbrooke, this magnificent quadruplex offers a very good opportunity for new investors and experienced investors. This magnificent quadruplex is located in a dynamic and varied area. Close to shops, hospital, elementary and high schools, university, university, bike path, close to parks, pharmacies and banks

.

This building is composed of 3 large apartments of 3.5 and 1 very large of 8.5 on 3 floors. Unit number 2: 3.5 located on the first floor is $550 per offering good income potential. Unit number 3: 3.5 located on the 2nd floor is $615 per month offering income potential. The large unit number 1: 8.5 located on 3 levels of the building with basement is at $1250 per month, it provides great income potential. With its 4 large bedrooms, 2 bathrooms, large living room, large dining room, large balcony with large double patio doors

.

The 4 units each have two entrances at the front and rear of the building. The backyard is large offering the possibility of parking 6 vehicles. The windows and the roof have been changed in recent years and, the roof of the large rear balcony changed in September 2024.

There were also renovations in 2024 of the backyard, renovations of the balconies and stairs. Note, the large apartment number 4:3.5 is at $1000 per month, it was completely renovated at the end of 2022. The energy costs are borne by the tenants. It is a good investment opportunity that should not be missed!

THE EXCLUSIONS:

Tenants' personal effects, tools belonging to the owner or caretaker

INCLUSIONS:

Any device that allows the building to function properly and any furniture or household appliances included in the leases.

ADDENDUM: The sale will be made without legal warranty at the risk and peril of the buyer.

Complete Description
Complete Description

Property features

Asking Price
$776,000
Style
Detached
Details
Quick occupancy possible
Year of construction
1986
Building dimensions
1 733.74 ft² (161.07 m²)
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
South-West
Number of parkings
5
Municipal evaluation's date
2024
Lot's municipal evaluation
$110,400
Building's municipal evaluation
$383,000
Taxes year
2024
1 Bedroom
3
4 Bedroom and more
1
Bedrooms (total)
4

External facing:

  • Aluminium Siding
  • Brick

Foundation:

  • Cast concrete

Frame:

  • Wooden part on part

Roof:

  • Asphalt shingle

Floor coverings:

  • Laminate
  • Ceramic

Windows:

  • PVC

Heating source:

  • Electric

Electric system:

  • 100 amps
  • 200 amps
  • Fuses panel

Features:

  • Central vacuum
  • Ceiling fixtures
  • Ventilator

Kitchen:

  • Melamine cabinets
  • Laminated cabinets

Bathroom:

  • Bath and shower
  • Separate Shower

Basement:

  • Totally finished

Upgrades:

  • Roof
  • Painting
  • Landscaping

Parking / Driveway:

  • Outside
  • Crushed Gravel

Location:

  • Highway access
  • Near park
  • Public transportation

Lot description:

  • Flat geography
  • Hedged
  • Fenced
  • Landscaped

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

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

Near Recreational Service:

  • Golf course
  • Library
  • Museum
  • ATV trails
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Balcony
Storey: 3rd floor
Dimensions: 4' x 8' (1,22 m x 2,44 m)
Flooring: Other
Balcony
Storey: 3rd floor
Dimensions: 6' 5" x 20' (1,96 m x 6,1 m)
Flooring: Other
Bathroom
Storey: 3rd floor
Dimensions: 7' 4" x 7' 5" (2,24 m x 2,26 m)
Flooring: Ceramic
Bedroom 1 (Primary)
Storey: 3rd floor
Dimensions: 11' 5" x 13' 10" (3,48 m x 4,22 m)
Flooring: Laminate
Kitchen
Storey: 3rd floor
Dimensions: 7' 4" x 8' 1" (2,24 m x 2,46 m)
Flooring: Laminate
Laundry room
Storey: 3rd floor
Dimensions: 4' 2" x 5' (1,27 m x 1,52 m)
Flooring: Laminate
Living / Dining room
Storey: 3rd floor
Dimensions: 11' x 21' (3,35 m x 6,4 m)
Flooring: Laminate
Storage space
Storey: 3rd floor
Dimensions: 4' x 7' (1,22 m x 2,13 m)
Flooring: Ceramic
Suite entrance
Storey: 3rd floor
Dimensions: 5' 2" x 6' 4" (1,57 m x 1,93 m)
Flooring: Carpet

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$35.67
$428.00
Municipal taxes
$572.17
$6,866.00
Maintenance fees
$91.00
$1,092.00
Insurance
$290.25
$3,483.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$3,415.00
$40,980.00

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.

$776,000

Quadruplex for sale

520, boulevard Jacques-Cartier Nord Sherbrooke (Jacques-Cartier) Estrie

No. 1085302

Quick occupancy possible
Contact the owner Select the desired contact option among those that have been activated:
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Contact the owner Select the desired contact option among those that have been activated:
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