Lot dimensions 5 885 ft² (546.73 m²)

Owners’ comments

Automated translation

Commercial duplex located in Sherbrooke Lennoxville. This duplex has the charm of yesteryear completely renovated: Windows, doors and floors updated except for the original hardwood floor. Solid wood moldings were added, and the bathroom was renovated. The balconies were all redone 6 years ago.

In the basement: 2 closed rooms, and another open space as well as a cellar that is used for storage.
1st floor: Two open concept rooms, with entrance for dishwasher.
2nd floor: Two closed rooms and a bathroom.
Attic accessible and used as a room, and was already used as a bedroom.
The duplex has large windows that allow a lot of light. This duplex has a lot of character thanks to these multiple recent renovations and its modern and refreshed style

.

Possibility to transform into residential and commercial. The duplex has two addresses and two electric meters.

Outside: land at the back 51x115 feet (500,855 square feet) and at the front, a front yard with landscaping.

It is located in a student district with university and CEGEP. Many of the amenities are available on foot, and Highway 410 is less than 2 minutes away.

Many possibilities including a rooming house for students, a business with a residence on the 2nd floor, or simply two ancillary businesses.

Complete Description
Complete Description

Property features

Asking Price
$667,000
Number of commercial units
2
Year of construction
Unknown
Building dimensions
24x52 ft (7.32x15.85 m)
Certificate of Location
Yes
Number of parkings
5
Company
Nephtys Tattoo
Franchise
Yes
Lot's municipal evaluation
$122,714
Building's municipal evaluation
$488,554
Annual income
Yes

Foundation:

  • Cast concrete

External facing:

  • Stone

Roof:

  • Asphalt shingle

Heating source:

  • Electric
  • Thermo-pump

Features:

  • Air Conditioning
  • Lights
  • Shower room
  • Bathroom
  • Main floor laundry
  • Blinds
  • Ceiling fixtures

Basement:

  • Partially finished

Upgrades:

  • Addition
  • Heating
  • Electricity
  • Windows
  • Insulation
  • Crown moulding
  • 9ft ceilings
  • Floors
  • Plumbing
  • Doors
  • French doors
  • Bathrooms

Parking / Driveway:

  • Crushed Gravel

Zoning:

  • Office
  • Storage
  • Restaurant
  • Services
  • Retail sale

Location:

  • Highway access
  • Near park
  • No backyard neighbors
  • Residential area
  • Public transportation
  • Near schools
  • Close to all services

Lot description:

  • Plane

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Financial institution
  • Restaurant
  • Bar

Near Health Services:

  • Dentist

Near Educational Services:

  • Day nursery
  • Kindergarten
  • Elementary school
  • College
  • University

Near Recreational Services:

  • Sportif center
  • Library
  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Municipal taxes
$562.17
$6,746.00
School taxes
$25.92
$311.00
Maintenance fees
$166.67
$2,000.00
Insurance
$134.50
$1,614.00

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.

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$667,000

Commercial space for sale

170-172, rue Queen Sherbrooke (Lennoxville) Estrie

No. 1119464

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

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

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.