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11 bedrooms
6 bathrooms
Lot dimensions 6 893.21 ft² (640.4 m²)

Owners’ comments

Rare opportunity. All-brick 6 apartment-multi-plex facing the University of Sherbrooke, at the corner of Boulevard Université and Cabana Street. No bad payers in 19 years. Gross revenue $54,192. The 4 ½ each have 2 parking spaces and a balcony and the 3 ½ a parking space, the apartments are bright and open plan. The windows were replaced in 2014, the balconies are in fiberglass (2015) and the railings in aluminum, elastomeric membrane roof (2005). Heating by Convect-Air is at the expense of the tenants.

Complete Description
Complete Description

Property features

Asking Price
$595,000
Style
Detached
Year of construction
1966
Building dimensions
2 240 ft² (208.1 m²)
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
South-West
Number of parkings
12
Municipal evaluation's date
2019
Lot's municipal evaluation
$70,200
Building's municipal evaluation
$325,800
Taxes year
2020
1 Bedroom
1
2 Bedroom
5
Bedrooms (total)
11

External facing:

  • Brick

Foundation:

  • Cast concrete

Frame:

  • Wooden dunnage

Roof:

  • Elastomer membrane

Floor coverings:

  • Laminate
  • Hardwood
  • Carpet

Windows:

  • Aluminium

Heating source:

  • Convectair

Electric system:

  • 100 amps

Features:

  • Ceiling fixtures

Kitchen:

  • Wooden cabinets

Bathroom:

  • Bath and shower

Basement:

  • None

Upgrades:

  • Heating
  • Windows
  • Floors
  • Bathrooms
  • Carpet
  • Roof

Parking / Driveway:

  • Crushed Gravel

Location:

  • Highway access
  • Public transportation

Lot description:

  • Corner lot

Near Commerce:

  • Supermarket
  • Drugstore
  • Restaurant
  • Bar

Near Educational Services:

  • University

Near Recreational Service:

  • Sportif center
  • Library

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Balcony
Storey: 1st floor
Dimensions: 5' x 15' 9" (1,52 m x 4,8 m)
Flooring: Other
Bedroom 1 (Master)
Storey: 1st floor
Dimensions: 12' x 13' 6" (3,66 m x 4,11 m)
Flooring: Laminate
Bedroom 2
Storey: 1st floor
Dimensions: 9' 8" x 9' 6" (2,95 m x 2,9 m)
Flooring: Laminate
Kitchen
Storey: 1st floor
Dimensions: 13' 9" x 15' 4" (4,19 m x 4,67 m)
Flooring: Laminate
Living room
Storey: 1st floor
Dimensions: 14' 6" x 13' 6" (4,42 m x 4,11 m)
Flooring: Hardwood

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.

$595,000

6 units or more for sale

No. 905249

Contact the owner
Contact the owner
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