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1151 Rue De L'esplanade 7 Unit Apartment Building $1,299,000 CAD ($185,571 CAD/Unit) Sherbrooke, QC J1H 1S9
Investment Highlights
- Located directly opposite Lac des Nations with unobstructed views.
- Brick-clad exterior promotes longevity and reduces maintenance requirements.
- Comprises seven residential units, including six 4½-room apartments and one loft.
Executive Summary
Building of 7 apartments ideally located directly facing Lac des Nations, in a highly sought-after area. Composed of 6 4 1/2 apartments and a loft, it offers excellent potential for income optimization. The recent conversion of the heating system to convectors significantly reduces energy costs, which are now borne by tenants (except for the loft). An interesting opportunity for an investor looking for a well-located building with potential.
Property Facts
| Price | $1,299,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $185,571 CAD | Building Class | C |
| Sale Type | Investment | Building Size | 6,019 SF |
| No. Units | 7 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1967 |
| Property Subtype | Apartment |
| Price | $1,299,000 CAD |
| Price Per Unit | $185,571 CAD |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Building Size | 6,019 SF |
| No. Stories | 3 |
| Year Built | 1967 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+2 | 6 | - | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Very bikeable
80/100
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1151 Rue De L'esplanade
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