355 Av 15E S - Apartments FOR SALE


Sherbrooke, QC J1G 2X6
$920,000 CAD
819-563-3000

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$920,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

355 Av 15E S
Sherbrooke, QC J1G 2X6


HIGHLIGHTS

  • Solid brick construction with six residential units offering durable appeal.
  • Recent renovations include updated balconies and windows for improved longevity.
  • Located near essential amenities such as hospitals, schools, and transit services.
  • Fully serviced lot with municipal water, sewer, and electric heat accommodations.

OVERVIEW

This well-maintained six-unit brick building offers a solid investment opportunity in the growing Sherbrooke market. Renovated and carefully managed over the years, the property features five 3½-unit apartments and one 2½-unit apartment. Recent upgrades include new balconies and windows, enhancing both energy efficiency and tenant satisfaction. Situated in the Fleurimont neighborhood, the location provides convenient access to hospitals, schools, retail services, and public transit, making it highly desirable for long-term tenants. With Sherbrooke experiencing steady population growth and low vacancy rates, this building positions investors to benefit from consistent rental income and strong market demand. The fully serviced site includes municipal water and sewer, asphalt shingle roofing, PVC windows, and concrete foundation. With a partially finished basement offering six-foot clearance and a separate entrance, there is potential for added storage or ancillary use. A stable tenant mix, combined with an established urban setting, makes this asset an ideal turnkey addition to any portfolio focused on dependable income and long-term value growth.

FOR SALE DETAILS

PRICE

$920,000 CAD

PRICE/SF

$153 CAD /SF

# OF UNITS

6

PRICE/UNIT

$153,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Dominic GlaudeÉquipe Glaude-Thériault Via CapitaleMore Info
819-563-3000

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Dominic GlaudeÉquipe Glaude-Thériault Via CapitaleMore Info
819-563-3000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.