8-unit brick building located in the university district. The property comprises seven 4½-room units and one 2½-room unit. Energy costs are the owner's responsibility. Meticulously maintained by the same owner since 2005. Several improvements have been made over the years, including the roof, doors and windows, and balconies, as well as updates to several units. A must-see!
Located near the Université de Sherbrooke, close to parks, shops, and public transport.
Well-maintained properties and quality tenants.
Units renovated over the years: kitchens, flooring, and bathrooms
Roof: 2014
Doors/windows: 2011
Fiberglass balconies: ± 2015
Heating: electric furnace and oil boiler
Parking area maintained annually
The sale is made without legal warranty of quality, at the buyer's risk and peril.
Heating and hot water are at the owner's expense.
Phase I and Phase II environmental studies completed in 2026.
| Cadastral number | 2 130 893 |
| Total Municipal Assessment | 714 900 $ |
| Municipal Land Assessment | 206 900 $ |
| Municipal Building Assessment | 508 000 $ |
| Number of Storeys | 3 |
| Type of Building | Detached |
| Type of Construction | Brick and wood |
| Year of Construction | 1970 |
| Fire System | Smoke detectors |
| Type of Parking | Outdoor |
| Number of Parking Spaces | Around 9 spaces |
| Land Surface Area | 9900 sq.ft |
| Laundry Room | N/A |
| Number of Rooms | 30 |
| Number of Units | 7 x 4½, 1 x 2½ |
| Washer/Dryer Inlet | Yes, in each unit |
| Appliance Responsibility | Tenant/Owner #2 (4) and #1 (1) |
| Heating Responsibility | Owner |
| Hot Water Responsibility | Owner |
| Fenced | Yes, at the back |
| Plumbing | ABS / PEX |
| Condition of Roof | Elastomeric membrane - 2014 |
| Condition of Doors | Sliding patio doors |
| Condition of Balconies | Fiberglass - 2015 |
| Concierge Agreement | Yes |
| Intercom and Doorbell | Yes |
| Heating System | Electric baseboards |
| Hot Water System | Independent tanks |
| Condition of Windows | Sliding windows |
| Condition of Kitchens | Good condition |
| Electrical Panels | Breakers |
| Exterior Siding | Brick |
| Distance from fire station and hydrant | Nearby |
| Condition of Bathrooms | Good condition |
| Environmental Report | Phase I and Phase II completed in 2026 |
| Floor Covering | Floating / ceramic |
| yearly | % / GR | RPU (m) | |
|---|---|---|---|
| Residential | $83,304 | 100 % | $868 |
| Affordable res. | |||
| Commercial | |||
| Lockers | |||
| Parking | |||
| Laundry | |||
| Total revenues | $83,304 | $868 | |
| Vac. / Bad debt | $2,499 | 3 % | $26 |
| EGR | $80,805 | $842 | |
| Calc. | yearly | % OF EGR | CPU (y) | |
|---|---|---|---|---|
| Administration | Normalised | $3,636 | 4.5 % | $455 |
| Municipal Taxes | Current | $9,576 | 11.9 % | $1,197 |
| School Taxes | Current | $491 | 0.6 % | $61 |
| Insurance | Current | $2,430 | 3 % | $304 |
| Electricity | Estimated | $3,912 | 4.8 % | $489 |
| Heating | Estimated | $1,742 | 2.2 % | $218 |
| Snow Removal | ||||
| Elevator | ||||
| Lawn | ||||
| Structural reserve | ||||
| Janitor | Normalised | $2,000 | 2.5 % | $250 |
| Maintenance | Normalised | $5,600 | 6.9 % | $700 |
| Appliances | Estimated | $300 | 0.4 % | $38 |
| WiFi | ||||
| Heat pump | ||||
| CHMC: Other Costs | Normalised | $808 | 1 % | $101 |
| Total expenses | $30,495 | 37.7 % | $3,812 | |
| Net Revenue | $50,310 | $6,289 |
| SCHL | Conventionnel | ||
|---|---|---|---|
| Maximum loan amount | $742,436 | $877,422 | $591,054 |
| Financing CAP | 5.76 % | 4.87 % | 6.38 % |
| Debt coverage ratio | 1.3 | 1.1 | 1.25 |
| Interest Rate | 4.3 % | 4.3 % | 4.75 % |
| Amortization | 40 Years | 40 Years | 25 Years |
| Term | 5 Years | 5 Years | 5 Years |
| SCHL | Conventionnel | ||
|---|---|---|---|
| Net Revenue | $50,310 | $50,310 | $50,310 |
| Annual Mortgage Cost | $41,123 | $48,309 | $40,248 |
| Net cash after mortgage | $9,187 | $2,000 | $10,062 |
| RETURN ON INVESTMENT | |||
| Down Payment | $532,564 | $397,578 | $683,946 |
| Cash on cash return | 1.7 % | 0.5 % | 1.5 % |
| Return on liquidity + capitalization | 3.2 % | 2.8 % | 3.3 % |
| Total yearly return with appreciation of 2 % | 7.95 % | 9.18 % | 7.06 % |
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