437 - 439 Colbert, Sherbrooke

Asking Price

$625,000

Building area

2,061 SQ. Ft.

Property Description

Discover this duplex, built in 2000, carefully maintained over the years and enhanced by several recent renovations, ideally located in the peaceful and sought-after Rock Forest neighbourhood of Sherbrooke. The main unit, a spacious and fully renovated 8½ laid out over two levels (main floor and basement), stands out for its generous living spaces, abundant natural light, two separate entrances, and balcony providing direct access to the yard. Upstairs, you will find a bright and well-designed 4½ unit, also featuring its own private balcony. Situated on a large 8,875 sq. ft. lot, the property also includes two separate outdoor storage sheds, offering valuable additional storage space. Excellent annual rental income of $40,800 for 2026!

Highlights

437 Colbert Street (2nd floor): Spacious 2-bedroom unit with a private entrance.

439 Colbert Street (Main floor and basement): Large two-story unit featuring 3 bedrooms, two living rooms, two full bathrooms, a separate laundry room, and a wall-mounted heat pump.

The property shares a party wall on the west side with the neighboring building on lot 2,033,541.

Energy costs are paid by the tenants.

A 2009 certificate of location is on file; a new one will be ordered.

Capital spendings in recent years

Roof: Replaced in 2022.

Exterior: Landscaping refreshed and front culvert replaced.

437 Colbert: Hot water tank replaced and fully repainted.

439 Colbert: Fully renovated kitchen featuring new ceramic tile flooring, new floors and moldings throughout the entire unit, main bathroom completely remodeled, and basement bathroom updated (except for the shower).

Other information

Prime Location: Conveniently located ~1.2 km from La Rose-des-Vents primary school, ~2.2 km from Boisjoli primary school, and ~1.5 to 2 km from the shops and services on Bourque Boulevard. You will also enjoy Mi-Vallée and Beaulieu parks at ~1.5 to 2 km, Central Park at ~2.5 km, and the trails along the Magog River at ~3.5 km. Finally, the Université de Sherbrooke is ~8.5 km away (~10-12 min) and the Cégep de Sherbrooke is ~12.5 km away (~15 min).

Location
Building description

General Information

Cadastral number2 033 540

Total Municipal Assessment

Total Municipal Assessment443 800 $
Municipal Land Assessment105 000 $
Municipal Building Assessment338 800 $

Construction

Number of Storeys2
Type of BuildingSemi-detached
Type of ConstructionBrick and wood
Year of Construction2000
Cast-in-place concrete foundation

Electromechanical System

Fire SystemSmoke detectors

Parking

Type of ParkingGravel exterior
Number of Parking SpacesAbout 4 spaces

Area

Land Surface Area8 875 sq.ft

Building type

Laundry RoomN/A
Number of RoomsTo be verified
Number of Units1 x 8.5 + 1 x 4.5
Washer/Dryer InletYes, in each unite
Appliance ResponsibilityTenants
Heating ResponsibilityTenants
Hot Water ResponsibilityTenants

Features

FencedNo
Internet and TelecomNon
PlumbingPEX/ABS
Condition of RoofAsphalt Shingles - 2022
Condition of DoorsOriginal
Condition of BalconiesGood condition
Concierge AgreementNo
Intercom and DoorbellSeparate entrances
Heating SystemElectric baseboard heaters / Heat pumps (439)
Hot Water SystemIndependent tanks
Condition of WindowsOriginal
Condition of Kitchens437: Good condition and 439: Renovated in 2022
Electrical PanelsBreakers
Exterior SidingBrick, vinyl
Condition of Bathrooms437: Good condition and 439: Renovated in 2022
Environmental ReportNo
Floor CoveringSoft floor coverings, floating floors, ceramic tiles, carpets and other materials.
Income & Expenses

Revenue

Unit437
Sq. Ft.
Rooms2
Bedrooms1
Bathroom1
Monthly Rent1 200 $
Lease ExpirationJune 2027
Washer and Dryer EntryOui /Yes

Revenue

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Expense

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Financing Simulator

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Required Down Payment
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Monthly Payment

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CPU

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GRM

Alyson Marceau
Alyson Marceau
Team Jessika Lahaie
VP
|
Real Estate Broker
450-521-6898 alyson.marceau@pmml.ca
Property Photos
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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