499-501 Bowen Sud

Asking Price

$269,000 + GST/PST

Area

5,000 SQ. Ft.

Price per SQ. Ft.

$53.80

Land Description

Located on the corner of Johnson and Bowen S streets, a few steps from the Hôtel Dieu dans de Cegep of Sherbrooke, this 5,000 sq ft lot can accommodate a 6-unit residential building with underground parking. Plan available offering 1x 3.5, 4x 4.5, and 1x 6.5. The existing building is to be demolished and the demolition request has been submitted. Building permit application already submitted for review by the CCU/PIIA.

Location
Area attractions

Located in a developing residential area.

Close to all services, parks, schools, and shops on King and Wellington Streets.

A stone's throw from downtown, public transportation, and bike paths.

Very close to Hôtel Dieu and Cégep de Sherbrooke.

Additional Information

The sale is made without legal warranty of quality, at the BUYER'S risk and peril.

The demolition committee approved the demolition request on August 17th.

All that remains is the permit application.

Zoning
Asking Price per unit
$45833 / Unit

Zoning information

Zoning Code
H1386
Zoning Description
Residential Use (H-1 to H-8) Single-family dwelling, Two-family dwelling (duplex), Three-family dwelling (triplex) Multi-family dwelling Commercial:Tourist lodging (503)
Public Services
Aqueduct, sewers, electricity
Specific Uses
Multi-family residential use permitted. No specific prohibited uses are listed. Plans are available for the construction of six units consisting of 1 x 3.5 (712 sq ft), 4 x 4.5 (765 sq ft), and 1 x 6.5 (1,530 sq ft).
Special Provisions
Refer to the usage grid and municipal by-laws for any specific provisions.

Project progress

Preliminary plans and/or subdivision in progress
Construction plans finalized
Demolition permit obtained

Information

PPCMOI
Depending on the nature of the project, a PPCMOI application may be required in order to obtain the necessary authorizations.
Permitted Density
Max. floor space: 40% Min. free space: 35%
Type of Use
Multi-family dwelling & Commercial
Number of Storeys Permitted
3
$ / SQ. Ft.
53,80 $/SQ. Ft.
Cadastre
1 133 433

Land description

Lot Number
1 133 433
Number of Floors
3
Type of Construction
Wood

Total Municipal Assessment

Total Municipal Assessment
$229 200
Municipal Land Assessment
$102 200
Municipal Building Assessment
$127 000 (to be demolished)
Jessika Lahaie
Jessika Lahaie
Team Jessika Lahaie
Executive VP
|
Real Estate Broker | PMML Partner
819-345-2487 jessika.lahaie@pmml.ca
The remarks, descriptions, characteristics and financial projections contained in this document are for information only and should not be considered official. The information contained herein comes from sources we believe to be reliable, but for which we cannot guarantee the accuracy. It is the buyer's responsibility to check everything and to declare themselves satisfied or dissatisfied with it during the due diligence process following an accepted promise to purchase.
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