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7 bedrooms
4 bathrooms
Lot dimensions 50.00x89.01 ft (15.24x27.13 m)

Owners’ comments

Very nice triplex for owner-occupant or investor.

An annual income of $34,500
The building includes 2 x 3½, and a 7½ are rented and have a signed lease
Independent electrical input for each of the accommodations
The roof is in good condition
PVC windows

 

Everything included in the rent.


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Near:

Located in a very peaceful area a few steps from the University of Sherbrooke, therefore an ideal place for students, moreover most of our tenants are students, always full, no empty accommodation throughout the year.
Primary and secondary schools also within close proximity, but above all the university that our clients are looking for.

 

An excellent investment opportunity with a very good income for a triplex of $34,500 per year, a place much sought after by students, which represents a very good clientele.

Come see now!

Complete Description
Complete Description

Property features

Asking Price
$350,000
Details
With income
Year of construction
1951
Building dimensions
50.00x89.01 ft (15.24x27.13 m)
General condition
Standard
Occupation rate
7
Certificate of Location
Yes
Taxes year
2020
1 Bedroom
1
Bedrooms (total)
5

External facing:

  • Brick

Foundation:

  • Cast concrete

Frame:

  • Wooden part on part

Roof:

  • Asphalt shingle
  • Elastomer membrane

Floor coverings:

  • Laminate
  • Ceramic

Windows:

  • PVC

Heating source:

  • Electric
  • Thermo-pump

Electric system:

  • 125 amps
  • 60 amps

Features:

  • Laundry room
  • Stove

Kitchen:

  • Wooden cabinets
  • Melamine cabinets
  • Stove
  • Fridge

Bathroom:

  • Freestanding bathtub
  • Bath and shower
  • Ceramic Shower

Basement:

  • Totally finished

Upgrades:

  • Floors
  • Bathrooms
  • Basement
  • Painting

Parking / Driveway:

  • Outside

Location:

  • Highway access
  • Near park
  • No backyard neighbors
  • Residential area
  • Public transportation

Lot description:

  • Mountain geography
  • Mature trees
  • Hedged
  • Patio/deck

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center
  • Bar

Near Educational Services:

  • Elementary school
  • High School
  • University

Near Recreational Service:

  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Suite
Storey: Main floor
Dimensions: 40' x 60' (12,19 m x 18,29 m)
Flooring: Vinyl
Suite
Storey: 1st floor
Dimensions: 40' x 60' (12,19 m x 18,29 m)
Flooring: Floating tile
Suite
Storey: 2nd floor
Dimensions: 20' x 60' (6,1 m x 18,29 m)
Flooring: Floating tile
Suite
Storey: 2nd floor
Dimensions: 25' x 60' (7,62 m x 18,29 m)
Flooring: Floating tile

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

Triplex for sale

1656-1657-1658, rue Galt Ouest

Sherbrooke (Mont-Bellevue) Estrie

No. 961324

With income
Contact the owner
Contact the owner
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