7 bedrooms
2 bathrooms
1 level
Living space area (basement exclu.) 1,232 ft² (114.46 m²)
Lot dimensions 6,440 ft² (598.3 m²)

Owners’ comments

Automated translation

Location

Discover this cozy 1232 sq.ft. residence located in a peaceful and sought-after area of Sherbrooke, just a 7-minute walk from the University of Sherbrooke and an elementary school. Enjoy a strategic location in the immediate vicinity of all essential services: shops, restaurants, grocery stores, medical clinics, schools, highways and parks

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Property

This property has benefited from several renovations over the last five years in order to offer an up-to-date, bright and carefully maintained interior. The ground floor offers a friendly living area including three (3) closed bedrooms, a spacious living area, a functional kitchen and a bathroom with direct access to the master bedroom: a practical configuration that is appreciated on a daily basis.

Terrain

The 6440 ft² lot includes several landscaping, sidewalks and stamped concrete slabs. It is fenced and bordered by mature hedges offering great privacy. You can take full advantage of the large backyard as well as a large patio renovated in 2020, perfect for BBQ and outdoor meals, evenings with friends or simply relax in peace

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Rentals and income

The fully finished basement has an independent entrance and offers excellent income potential. It includes a full kitchen, a bathroom, a laundry room and four (4) bedrooms. The building also includes a large parking space that can accommodate up to six (6) vehicles.

Several inclusions are offered: light fixtures, curtains, solar panels as well as complete basement furnishings, including furniture, mattresses, appliances and dishes. Possibility to include some additional elements on the ground floor, to be discussed.


The buyer will benefit from the income of three rooms currently rented for a total of $1350/month until April 2027. Rent statements available upon request. Full leases available upon signed promise to purchase

.

A rare opportunity combining comfort, flexibility, strategic location and excellent income potential in a sought after sector. Ideal for families or homeowners who want to reduce their housing costs.

Strengths:

  • Within walking distance of Sherbrooke University
  • Peaceful and family-friendly area
  • Three closed rooms on the ground floor
  • Basement with separate entrance and high rental potential
  • Numerous recent renovations
  • Large intimate courtyard
  • Up to six parking spaces
  • Proximity to schools, parks, shops and services
  • Contact us today to schedule a visit!

"This sale is made without legal warranty of quality, at the risk and peril of the buyer."

Complete Description
Complete Description

Property features

Property Style
Side split
Price Detail
With Income
Asking Price
$517,000
Building dimensions
44x28 ft (13.41x8.53 m)
Backyard Faces
East
Year of construction
1963
Number of exterior parking
6
Annual income
$2,000.00

External facing:

  • Brick
  • Sheet metal

Heating source:

  • Forced air
  • Heat-pump

Kitchen:

  • Melamine wood imitation finish

Equipment/Services Included:

  • Central vacuum
  • Shed
  • Furnace
  • Washer
  • Ceiling fixtures
  • Stove
  • Fridge
  • Dryer
  • Blinds
  • Alarm system
  • Furnished

Bathroom:

  • Bath and shower

Basement:

  • Totally finished
  • Separate entrance
  • Potential income

Renovations and upgrades:

  • Cabinets
  • Heating
  • Central air
  • Kitchen
  • Windows
  • Floors
  • Doors
  • Bathrooms
  • Painting
  • Shed
  • Landscaping

Parking / Driveway:

  • Asphalt
  • Double drive

Location:

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

Lot description:

  • Hedged
  • Stamped concrete
  • Fenced
  • Patio/deck
  • Landscaped

Near Commerce:

  • Supermarket
  • Drugstore
  • Financial institution
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

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

Near Recreational Services:

  • Gym
  • Sports center
  • Library
  • Bicycle path
  • Pedestrian path
  • Swimming pool

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment dining room
Storey: Main floor
Dimensions: 9' 4" x 11' 10" (2,84 m x 3,61 m)
Flooring: Hardwood
Bathroom
Storey: Main floor
Dimensions: 11' 5" x 9' (3,48 m x 2,74 m)
Flooring: Ceramic
Bedroom 1 (Primary)
Storey: Main floor
Dimensions: 12' 6" x 14' 5" (3,81 m x 4,39 m)
Flooring: Hardwood
Bedroom 2
Storey: Main floor
Dimensions: 10' 6" x 11' 2" (3,2 m x 3,4 m)
Flooring: Hardwood
Kitchen
Storey: Main floor
Dimensions: 10' 10" x 11' 3" (3,3 m x 3,43 m)
Flooring: Ceramic
Living room
Storey: Main floor
Dimensions: 11' 5" x 20' 3" (3,48 m x 6,17 m)
Flooring: Hardwood
Office
Storey: Main floor
Dimensions: 8' 9" x 12' 4" (2,67 m x 3,76 m)
Flooring: Hardwood
Basement kitchen
Storey: Basement
Dimensions: 11' x 10' 8" (3,35 m x 3,25 m)
Flooring: Vinyl
Bathroom
Storey: Basement
Dimensions: 7' 6" x 8' (2,29 m x 2,44 m)
Flooring: Ceramic
Bedroom 1 (Primary)
Storey: Basement
Dimensions: 10' 10" x 10' (3,3 m x 3,05 m)
Flooring: Laminate
Bedroom 2
Storey: Basement
Dimensions: 10' 10" x 10' (3,3 m x 3,05 m)
Flooring: Laminate
Bedroom 3
Storey: Basement
Dimensions: 10' 10" x 10' (3,3 m x 3,05 m)
Flooring: Laminate
Bedroom 4
Storey: Basement
Dimensions: 10' 10" x 10' (3,3 m x 3,05 m)
Flooring: Laminate
Bonus Room
Storey: Basement
Dimensions: 10' 10" x 10' (3,3 m x 3,05 m)
Flooring: Vinyl
Laundry room
Storey: Basement
Dimensions: 11' x 12' 9" (3,35 m x 3,89 m)
Flooring: Vinyl

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Property taxes
$249.47
$2,993.60
School taxes
$17.79
$213.44
Electricity
$160.90
$1,930.75
Insurance
$93.74
$1,124.88

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$166.67
$2,000.00

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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$517,000

Bungalow for sale

1534 rue Maurice-Duplessis Sherbrooke (Mont-Bellevue) Estrie

No. 1131695

With Income
Are you interested in this property?
Here’s how to 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.
Are you interested in this property?
Here’s how to 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.