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Investment Highlights

  • All-brick construction delivering long-lasting structural integrity and low maintenance.
  • Ample on-site parking to accommodate residents and visitors.
  • Convenient location near services, shops, highways, and professional schools.
  • Positioned in an established residential area with proximity to Sherbrooke’s amenities.

Executive Summary

This 15-unit brick-built apartment complex in the Fleurimont borough of Sherbrooke offers a rare opportunity for investors seeking a stabilized asset with strong upside potential. The property features 14 spacious two-bedroom units (4 1/2) and one large three-bedroom unit (5 1/2), catering to consistent rental demand in the area. Recently upgraded in 2025, the building now boasts a new roof and an advanced high-efficiency heating system complete with 15 APH Select-certified heat pumps, significantly reducing operating expenses while enhancing tenant comfort.
Located near key services, retail amenities, major roadways, and institutions such as the École professionnelle 24-Juin, the property ensures superior accessibility and caters to a high-quality tenant base. Generous on-site parking and durable all-brick construction further strengthen its long-term operational appeal. With essential capital improvements completed, this property represents a strong investment with appealing income security and future optimization opportunities.

Property Facts

Price $2,800,000 CAD
Price Per Unit $186,667 CAD
Sale Type Investment
No. Units 15
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.42 AC
Building Size 10,260 SF
No. Stories 3
Year Built 1974
Parking Ratio 1.46/1,000 SF
Zoning IZ1915

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 15 - -
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
  • Listing ID: 41217798

  • Date on Market: 2026-07-09

  • Last Updated:

  • Address: 708 13e Av N, Sherbrooke, QC J1E 2Y8

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