4 bedrooms
2 bathrooms
Lot dimensions 50.46x100.59 ft (15.38x30.66 m)

Owners’ comments

Stunning two-story duplex ideally located in the Nations sector of Sherbrooke. This property, situated at 1326-1328 Belvédère Sud Street, offers two spacious 4 1/2 apartments.

Both units are currently leased until the end of June 2024, presenting an excellent investment opportunity. The ground-floor apartment is rented for $800 per month, while the upstairs unit commands $1,200 per month, ensuring stable rental income.

Extensive renovations were carried out in 2022, including the upper unit's bathroom, flooring, and painting. These updates add a modern and appealing touch to the property.

Tenants also enjoy storage space in the basement, divided equally between the two units. Additionally, the shed located on the premises is exclusively reserved for the owner, with a separate key.

Both units are equipped with electric heating, which amounts to a monthly expense of $217 covered by the owner.

The floors feature a harmonious mix of ceramic tiles and floating laminate, providing both style and functionality to the living spaces.

We will be delighted to answer all your questions and arrange a viewing for you.

Complete Description
Complete Description

Property features

Asking Price
$350,000
Style
Canadian
Year of construction
1947
Building dimensions
30.61x24.77 ft (9.33x7.55 m)
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Number of parkings
4
Municipal evaluation's date
2020
Lot's municipal evaluation
$49,900
Building's municipal evaluation
$129,800
2 Bedroom
2
Bedrooms (total)
4

External facing:

  • Vinyl Siding

Foundation:

  • Concrete block

Frame:

  • Wooden part on part

Roof:

  • Asphalt shingle

Floor coverings:

  • Laminate
  • Ceramic

Windows:

  • Aluminium

Heating source:

  • Electric
  • Thermo-pump

Features:

  • Central vacuum
  • Laundry room
  • Shed

Kitchen:

  • Wooden cabinets

Bathroom:

  • Ceramic Shower

Basement:

  • Partially finished
  • Concrete
  • Separate entrance

Upgrades:

  • Floors
  • Bathrooms
  • Painting
  • Half bath

Parking / Driveway:

  • Asphalt
  • Double drive
  • Outside

Location:

  • Highway access
  • Public transportation

Lot description:

  • Patio/deck

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank

Near Health Services:

  • Hospital
  • Health club / Spa

Near Educational Services:

  • Elementary school
  • High School
  • College
  • University

Near Recreational Service:

  • Gym
  • Sportif center
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Bathroom
Storey: 1st floor
Dimensions: 11' x 9' 6" (3,35 m x 2,9 m)
Flooring: Ceramic
Bedroom 1 (Primary)
Storey: 1st floor
Dimensions: 12' 8" x 9' 6" (3,86 m x 2,9 m)
Flooring: Laminate
Bedroom 2
Storey: 1st floor
Dimensions: 10' 8" x 10' (3,25 m x 3,05 m)
Flooring: Laminate
Kitchen
Storey: 1st floor
Dimensions: 12' x 12' (3,66 m x 3,66 m)
Flooring: Laminate
Open concept
Storey: 1st floor
Dimensions: 10' 8" x 9' (3,25 m x 2,74 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$22.00
$264.00
Municipal taxes
$218.67
$2,624.00
Electricity
$217.00
$2,604.00
Maintenance fees
$41.67
$500.00
Insurance
$154.00
$1,848.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$2,000.00
$24,000.00

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.

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.

$350,000

Duplex for sale

1326-1328, rue Belvédère Sud

Sherbrooke (Mont-Bellevue) Estrie

No. 1043942

Contact the owner
Contact the owner