$750,000

Triplex for sale

631 rue de Vimy Sherbrooke (Jacques-Cartier) Estrie

No. 1134067

Quick occupancy possible
Open house – Sunday May 31st
Apply for your Desjardins mortgage financing
Are you interested in this property?
Here’s how to contact the owner
Send a message

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
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.
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The steps involved in buying a property Buy
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Are you interested in this property?
Here’s how to contact the owner
Send a message

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
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.
3 bedrooms
1 bathroom
1 half bath
Lot dimensions 7,854.42 ft² (729.7 m²)

Open house

Sunday May 31st 02:00 PM - 04:00 PM

Owners’ comments

Automated translation

RARITY ON THE MARKET!

All-brick triplex located in Old North Sherbrooke, perfect for owner-occupier or investor. The main unit, occupying the 1st level and part of the basement, offers three bedrooms, including a spacious master bedroom with walk-in closet and an integrated garage

.

The two 3½ units, on the 2nd floor, are similar and are both rented to single people. Potential earnings of $46,620/year. Quality building, maintained with care and having benefited from numerous maintenance and renovations in recent years (Foundation drains, retaining wall, landscaping, water inlet, aluminum fences, aluminum fences, water heater in the main house, etc

.).

The property also offers a large intimate backyard as well as a large patio, perfect for enjoying the outdoors in peace and quiet. Whether you are looking for a profitable investment in an area with high rental demand or a spacious home for your family, this is a rare opportunity to seize quickly before it leaves!

ADDITIONAL INFORMATION:

Spacious 7 ½ on two floors including:

- Partially finished basement

- Integrated single garage

- Beautiful master suite with walk-in closet

- Large bright living room with wood fireplace

- Open concept kitchen

- Three-season canopy

- A full bathroom and a powder room

- Large intimate patio

Upstairs:

- Two 3½'s currently rented, offering great stability

- A balcony for each unit

In the basement:

- Large shared laundry room with 3 washer-dryer sets

- Three water heaters and three electrical panels

- Storage spaces for each unit

The visit of the two rental units will take place only after the acceptance of a promise to purchase, in order to preserve the tranquility of the tenants.

The property is sold without legal warranty of quality, at the risk and peril of the buyer.

Complete Description
Complete Description

Property features

Asking Price
$750,000
Details
Quick occupancy possible
Year of construction
1941
Building dimensions
33.7x39.1 ft (10.27x11.92 m)
Occupation rate
100
Certificate of Location
Yes
Number of parkings
5
Lot's municipal evaluation
$163,600
Building's municipal evaluation
$323,300
Annual income
$46,620.00
1 Bedroom
2
4 Bedroom and more
1

External facing:

  • Brick
  • Canexel wood fibre siding

Foundation:

  • Cast concrete

Roof:

  • Asphalt shingle
  • Elastomer membrane

Heating source:

  • Wood stove
  • Convectair
  • Electric

Electric system:

  • 100 amps
  • 200 amps

Features:

  • Central vacuum
  • Shed
  • Cold room
  • Fireplace
  • Blinds
  • Walk-in closet

Kitchen:

  • Wooden cabinets

Basement:

  • Partially finished

Upgrades:

  • Heating
  • Electrical
  • Insulation
  • Plumbing
  • Doors
  • French doors
  • Bathrooms
  • Painting
  • Half bath
  • Foundation

Garage:

  • Heated
  • Integrated
  • Insulated

Parking / Driveway:

  • Crushed Gravel

Location:

  • Near park
  • Residential area
  • Public transportation

Near Commerce:

  • Supermarket
  • Drugstore
  • Restaurant

Near Health Services:

  • Dentist
  • Medical center

Near Educational Services:

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

Near Recreational Service:

  • Golf course
  • Library
  • Museum
  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$24.83
$297.92
Municipal taxes
$433.12
$5,197.41
Electricity
$212.00
$2,544.00
Insurance
$350.52
$4,206.29
Total known costs
More info on the costs involved in buying a property

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$3,885.00
$46,620.00

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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$750,000

Triplex for sale

631 rue de Vimy Sherbrooke (Jacques-Cartier) Estrie

No. 1134067

Quick occupancy possible
Open house – Sunday May 31st
Apply for your Desjardins mortgage financing
Are you interested in this property?
Here’s how to contact the owner
Send a message

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
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.
See it on the map
The steps involved in buying a property Buy
Print
Are you interested in this property?
Here’s how to contact the owner
Send a message

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
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.
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