3 bedrooms
1 bathroom
Lot dimensions 4,981.54 ft² (462.8 m²)

Owners’ comments

Automated translation

PROMISE TO PURCHASE ACCEPTED


Triplex Mont-Bellevue sector: owner occupier or investor

Located a few steps from Mont-Bellevue Park, this triplex offers a sought-after combination of space and urban mobility. The main unit, a large bright 5½, is an ideal setting for an occupying owner, a few steps from the park and the Mont-Bellevue ski resort, or for renting rooms to university students, thanks to the proximity of the University of Sherbrooke

.

The main unit, currently vacant, offers a potential rental income of $1600/month or more. The two 3 1/2 are currently rented.

Main house highlights (5½) Generous and functional living
area, bathed in natural light.
Configuration suitable for student roommates (three closed rooms).
Three-season veranda extending the living space to the outside.
Partially finished basement including a large workshop perfect for the handyman, home contractor or cyclist/skier and ample storage spaces.
Landscaped backyard including urban gardening space.
Mont-Bellevue Park nearby: pedestrian and bicycle network leading directly to the University of Sherbrooke campus.
Ski resort at the end of the street, downhill skiing, cross-country skiing, snowshoeing: a real four-season playground.
Public transport around the corner: easy travel to study, work and service centers.

Work over the last four years: insulation of the foundations, replacement of the front door and basement windows, kitchen and bathroom, and replacement of the rear balcony of the main unit. Addition of stakes to the side balconies. Newly repainted main unit

.

For investors: Sustained rental
demand linked to the university and local services.
Rental potential per room (to be validated according to municipal regulations and zoning). Note: room rentals and any changes in use must be verified with the City (zoning, permits, occupancy standards)

.

IMPORTANT:

  • Visiting the main unit by appointment only, after providing proof of mortgage pre-approval.
  • The visit of the two rental units only after the promise to purchase has been accepted, in order to preserve the tranquility of the tenants.
  • The property is sold without legal warranty of quality, at the risk and peril of the buyer.
Complete Description
Complete Description

Property features

Asking Price
$440,000
Style
Detached
Details
With income
Year of construction
1943
Building dimensions
31.5x36.4 ft (9.60x11.09 m)
Courtyard orientation
South-West
Number of parkings
4
Lot's municipal evaluation
$101,800
Building's municipal evaluation
$295,100
1 Bedroom
2
3 Bedroom
1

External facing:

  • Vinyl Siding

Foundation:

  • Cast concrete

Heating source:

  • Electric

Features:

  • Central vacuum
  • Shed
  • Ceiling fixtures
  • Window coverings
  • Ventilator

Basement:

  • Partially finished
  • Separate entrance

Upgrades:

  • Insulation

Parking / Driveway:

  • Asphalt
  • Crushed Gravel

Location:

  • Near park
  • Public transportation

Near Commerce:

  • Bank
  • Drugstore
  • Restaurant
  • Supermarket

Near Health Services:

  • Hospital

Near Educational Services:

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

Near Recreational Service:

  • Ski resort
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment bedroom
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Hardwood
Apartment dining room
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Vinyl
Apartment kitchen
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Ceramic
Apartment living room
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Hardwood
Bathroom
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Ceramic
Bedroom 1 (Primary)
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Hardwood
Bedroom 2
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Hardwood
Veranda
Storey: Main floor
Dimensions: 1' x 1' (0,3 m x 0,3 m)
Flooring: Vinyl

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$18.05
$216.56
Municipal taxes
$365.22
$4,382.62

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$2,900.00
$34,800.00

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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$440,000

Triplex for sale

1333-1335-1337, rue Saint-Gérard Sherbrooke (Mont-Bellevue) Estrie

No. 1118363

With income
Are you interested in this property?
Here’s how to contact the owner
Send a message

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
Send a message

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.