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355 15e Av S 6 Unit Apartment Building $920,000 CAD ($153,333 CAD/Unit) Sherbrooke, QC J1G 2X6
Investment Highlights
- Solid brick construction with six residential units offering durable appeal.
- Located near essential amenities such as hospitals, schools, and transit services.
- Recent renovations include updated balconies and windows for improved longevity.
- Fully serviced lot with municipal water, sewer, and electric heat accommodations.
Executive Summary
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.
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.
Property Facts
| Price | $920,000 CAD | Property Subtype | Apartment |
| Price Per Unit | $153,333 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Size | 6,000 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Price | $920,000 CAD |
| Price Per Unit | $153,333 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Size | 6,000 SF |
| No. Stories | 2 |
| Year Built | 1964 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
| Studios | 1 | - | - |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
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Équipe Glaude-Thériault Via Capitale
355 15e Av S
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