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6510 Rue Émery-Fontaine 24 Unit Apartment Building $4,995,000 CAD ($208,125 CAD/Unit) Sherbrooke, QC J1N 2R8
Investment Highlights
- Reported potential gross revenue of $302,484.
- Established multifamily property constructed in 1981.
- Located within Sherbrooke's Rock Forest–Saint-Élie–Deauville sector.
Executive Summary
Multifamily asset in Sherbrooke, one of Québec's established regional economic and educational centers. The property consists entirely of residential units, including five 3½ apartments and nineteen 4½ apartments, providing a diversified unit mix designed to serve a broad tenant base. Constructed in 1981, the asset occupies a 29,656-square-foot site and offers on-site parking for approximately 30 vehicles.
The property's location within the Rock Forest–Saint-Élie–Deauville sector places it within a well-established residential area supported by local retail services, schools, healthcare facilities, and employment centers throughout the Sherbrooke region. Sherbrooke is recognized as a major hub for education, healthcare, professional services, and advanced manufacturing, supporting ongoing residential housing demand across the metropolitan area. Convenient access to local arterial roadways enhances connectivity throughout the city and surrounding Estrie region.
From an investment perspective, the asset benefits from a scale that can support operational efficiencies while offering stable residential income potential. The reported potential gross revenue of $302,484 provides investors with a foundation for evaluating future income performance and long-term ownership objectives. The combination of a sizable residential unit count, established location, on-site parking, and proven multifamily configuration positions the property as a significant income-producing opportunity within the Sherbrooke market.
The property's location within the Rock Forest–Saint-Élie–Deauville sector places it within a well-established residential area supported by local retail services, schools, healthcare facilities, and employment centers throughout the Sherbrooke region. Sherbrooke is recognized as a major hub for education, healthcare, professional services, and advanced manufacturing, supporting ongoing residential housing demand across the metropolitan area. Convenient access to local arterial roadways enhances connectivity throughout the city and surrounding Estrie region.
From an investment perspective, the asset benefits from a scale that can support operational efficiencies while offering stable residential income potential. The reported potential gross revenue of $302,484 provides investors with a foundation for evaluating future income performance and long-term ownership objectives. The combination of a sizable residential unit count, established location, on-site parking, and proven multifamily configuration positions the property as a significant income-producing opportunity within the Sherbrooke market.
Property Facts
| Price | $4,995,000 CAD | Building Class | C |
| Price Per Unit | $208,125 CAD | Lot Size | 0.67 AC |
| Sale Type | Investment | Building Size | 6,020 SF |
| No. Units | 24 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1981 |
| Property Subtype | Apartment | Parking Ratio | 1.5/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $4,995,000 CAD |
| Price Per Unit | $208,125 CAD |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.67 AC |
| Building Size | 6,020 SF |
| No. Stories | 3 |
| Year Built | 1981 |
| Parking Ratio | 1.5/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 18 | - | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
1 of 2
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Presented by
Agence immobilière IR
6510 Rue Émery-Fontaine
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