East District Dormitories for Sale

Commercial Real Estate in East District available for sale

Apartment Buildings for Sale Within of East District

708 13e Av N

Sherbrooke, QC J1E 2Y8

Multifamily for Sale
$2,800,000 CAD
10,260 SF

Sherbrooke Multifamily for Sale - East District

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.

Contact:

Équipe Glaude-Thériault Via Capitale

Property Subtype:

Apartment

Date on Market:

2026-07-09

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355 15e Av S

Sherbrooke, QC J1G 2X6

Multifamily for Sale
$920,000 CAD
6,000 SF

Sherbrooke Multifamily for Sale - East District

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.