Apartment - 918 rue Malouin, Sherbrooke (Jacques-Cartier) for sale
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Apartment - 918 rue Malouin, Sherbrooke (Jacques-Cartier) for sale
Apartment
;
$560,000
Apply for your Desjardins mortgage financing

Triplex for sale

918 rue Malouin Sherbrooke (Jacques-Cartier) Estrie

No. 1093573

Quick occupancy possible
Contact the owner Select the desired contact option among those that have been activated:
Phone
819-820-5798

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
Contact the owner Select the desired contact option among those that have been activated:
Send a message
Phone
819-820-5798

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
Lot dimensions 6,851.23 ft² (636.5 m²)

Owners’ comments

Automated translation

Beautiful Triplex in North Sherbrooke

Are you looking for a solid investment? Do not miss this opportunity to acquire a well-maintained triplex, located in the north of Sherbrooke, with a large wooded courtyard, offering many possibilities! A garage for parking or the possibility of additional income.

Renovations carried out:

  • Roof redone in spring 2020.
  • Three doors replaced (2 in October 2017 and 1 in March 2021)

Housing #1 (Renovations in 2021):

  • 5 1/2 rented $1145 on July 1st
  • New floor, renovated full bathroom, redone kitchen, paint, modern moldings.
  • Electric heating updated and door replaced.

Basement housing:

  • 3 1/2 rented $670 on July 1st
  • Almost renovated with hardwood floors and renovated bathroom.

Housing #2:

  • 5 1/2 rented 752$ on July 1st
  • Same tenant for more than 15 years, a guarantee of stability.

Additional Information:

  • Each unit has a locked locker for secure storage.
  • Electric heating system at the expense of the tenants.
  • Each unit benefits from its individual electrical input.
  • All the rents…
Complete Description
Complete Description

Property features

Asking Price
$560,000
Details
Quick occupancy possible
Year of construction
1964
Building dimensions
29.79x41.54 ft (9.08x12.66 m)
Occupation rate
100
Courtyard orientation
East
Number of parkings
3
Lot's municipal evaluation
$119,000
Building's municipal evaluation
$309,100
1 Bedroom
1
3 Bedroom
2

External facing:

  • Brick

Foundation:

  • Cast concrete

Heating source:

  • Electric

Kitchen:

  • Wooden cabinets
  • Melamine cabinets

Bathroom:

  • Bath and shower

Basement:

  • Partially finished

Upgrades:

  • Cabinets
  • Heating
  • Kitchen
  • Painting
  • Floors
  • Doors
  • Bathrooms
  • Basement

Garage:

  • Detached

Parking / Driveway:

  • Crushed Gravel

Location:

  • Near park
  • Residential area
  • Public transportation

Lot description:

  • Mature trees

Near Commerce:

  • Drugstore

Near Health Services:

  • Dentist

Near Educational Services:

  • Elementary school
  • High School

Near Recreational Service:

  • Golf course
  • Bicycle Path

Complete list of property features

Calculator

Mortgage calculator

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Would you like a mortgage pre-authorization? Make an appointment with a Desjardins advisor today!

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Legal information

This online tool was created to help you plan and calculate your payments on a mortgage loan. The results are estimates based on the information you enter. They can change depending on your financial situation and budget when the loan is granted. The calculations are based on the assumption that the mortgage interest rate stays the same throughout the amortization period. They do not include mortgage loan insurance premiums. Mortgage loan insurance is required by lenders when the homebuyer’s down payment is less than 20% of the purchase price. Please contact your mortgage lender for more specific advice and information on mortgage loan insurance and applicable interest rates.

Calculator

Mortgage calculator

i

The price you agree to pay when you purchase a home (the purchase price may differ from the list price).

i

The amount of money you pay up front to secure the mortgage loan.

i

The interest rate charged by your mortgage lender on the loan amount.

i

The number of years it will take to pay off your mortgage.

5 years
10 years
15 years
20 years
25 years
30 years
i

The length of time you commit to your mortgage rate and lender, after which time you’ll need to renew your mortgage on the remaining principal at a new interest rate.

1 year
2 years
3 years
4 years
5 years
6 years
7 years
10 years
i

How often you wish to make payments on your mortgage.

Weekly
Bi-Weekly
Monthly
Mortgage amount
$448,000
My payments
$630 Weekly

Would you like a mortgage pre-authorization? Make an appointment with a Desjardins advisor today!

Get pre-approved

Legal information

This online tool was created to help you plan and calculate your payments on a mortgage loan. The results are estimates based on the information you enter. They can change depending on your financial situation and budget when the loan is granted. The calculations are based on the assumption that the mortgage interest rate stays the same throughout the amortization period. They do not include mortgage loan insurance premiums. Mortgage loan insurance is required by lenders when the homebuyer’s down payment is less than 20% of the purchase price. Please contact your mortgage lender for more specific advice and information on mortgage loan insurance and applicable interest rates.

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$20.83
$250.00
Municipal taxes
$384.33
$4,612.00
Insurance
$212.67
$2,552.00
Total known costs
$617.83
$7,413.96
More info on the costs involved in buying a property

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$2,532.00
$30,384.00

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.

$560,000
Apply for your Desjardins mortgage financing

Triplex for sale

918 rue Malouin Sherbrooke (Jacques-Cartier) Estrie

No. 1093573

Quick occupancy possible
Contact the owner Select the desired contact option among those that have been activated:
Phone
819-820-5798

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
Contact the owner Select the desired contact option among those that have been activated:
Send a message
Phone
819-820-5798

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.

Do you want to sell commission-free, too?
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1 866 387-7677
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