J1K Apartment Buildings for Sale

Apartment Buildings for Sale Within 5 kilometers of J1K

338 Rue Brooks

Sherbrooke, QC J1H 4Y3

Multifamily for Sale
$1,075,000 CAD
3,886 SF

Sherbrooke Multifamily for Sale - Central District

This 8-unit multifamily property is located on rue Brooks in Sherbrooke's Les Nations district, offering a rare investment opportunity in a dynamic rental market. Perfectly positioned in a cul-de-sac just steps from downtown Sherbrooke, the asset combines strong location fundamentals with practical tenant features that drive appeal and occupancy. The property consists exclusively of 3½ apartments, each unit equipped with independent entrances and washer-dryer installations. This sought-after configuration enhances tenant satisfaction and reduces turnover, while providing long-term operational stability. Off-street parking for residents and easy access to public transit, schools, and local amenities further increase its rental security. Built on a 5,225 sq. ft. lot, the three-story building has been strategically maintained, with multiple renovations carried out in recent years to preserve value and renew appeal. Current gross annual income potential stands at $83,292, with upside available through unit turnover and market rent adjustments over time. Heating and electricity expenses are tenant-borne, with the owner covering internet and select services in certain units, maximizing net operating income. For investors seeking steady cash flow and future appreciation in one of Sherbrooke’s most connected neighborhoods, this property presents a noteworthy addition to any multifamily portfolio.

Contact:

Royal LePage Evolution EB

Property Subtype:

Apartment

Date on Market:

2026-06-22

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Boul Rene Levesque

Sherbrooke, QC J1N 1B9

Office/Retail for Sale
$499,000 CAD
1,674 SF
1 Unit Available

Sherbrooke Multifamily for Sale - Rock-Forest--St-Elie--Deauville

This newly planned commercial condominium offers an exceptional opportunity to secure ownership in one of Sherbrooke’s evolving business corridors. Situated on Boulevard René-Lévesque, the property combines modern design with superior accessibility to major routes, ensuring visibility and convenience for customers and employees alike. The unit is part of an upcoming development delivering contemporary commercial spaces suitable for professional offices, service providers, and boutique retailers. Occupancy is projected for March 2027, positioning buyers to capitalize on infrastructure and growth within this high-demand area. Its location offers proximity to established retail, business services, and arterial roads connecting Sherbrooke’s core to surrounding markets, making it an attractive investment for forward-thinking owners seeking long-term value.

Contact:

Royal LePage Evolution EB

Property Subtype:

Apartment

Date on Market:

2026-05-18

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1151 Rue De L'esplanade

Sherbrooke, QC J1H 1S9

Multifamily for Sale
$1,199,000 CAD
6,019 SF

Sherbrooke Multifamily for Sale - Central District

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.

Contact:

Royal LePage Evolution EB

Property Subtype:

Apartment

Date on Market:

2026-05-05

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489 Rue De Montréal

Sherbrooke, QC J1H 1E6

Multifamily for Sale
$575,000 CAD
2,590 SF

Sherbrooke Multifamily for Sale - Central District

489 Rue de Montréal presents a compelling redevelopment opportunity in one of Sherbrooke's most established and active urban districts. Located along Montréal Street in the Jacques-Cartier sector, the property benefits from immediate proximity to downtown Sherbrooke, Cégep de Sherbrooke, public transit services, schools, parks, and the sought-after Vieux-Nord neighbourhood. The site is currently improved with a duplex and encompasses approximately 1,067.5 square metres of land designated for residential and commercial uses. According to available information, the property may support the development of a residential building containing up to 12 dwelling units, subject to municipal review, permitting, and all required approvals. This potential creates an opportunity for developers and investors seeking to capitalize on the area's established residential demand, educational institutions, and walkable urban amenities. The property's frontage of approximately 21.46 metres along Montréal Street further supports visibility and accessibility for future redevelopment plans. Sherbrooke serves as a major educational, healthcare, and commercial centre for the Estrie region, attracting students, professionals, and residents from throughout southeastern Québec. The property's location near Cégep de Sherbrooke and downtown places future residents within convenient access of employment, services, restaurants, retail offerings, and public transportation. Combined with flexible residential/commercial zoning and redevelopment potential, the site offers an opportunity to reposition an infill property within a mature neighbourhood where developable land is increasingly limited.