For Sale

$480,000

157 - 165 Rue Principale E. , Magog, QC J1X1Y6

1 Beds

Remarks

For investors! Set of two income properties totaling 8 units, located in the heart of the Tisserands neighborhood in Magog, just steps from downtown and the high school. The first building includes a duplex (5 ½ and 3 ½), and the second offers 6 bedrooms/lofts. Potential annual income of $56,040. Both buildings are being sold together. Several opportunities for optimization and versatile zoning.

REAL ESTATE COMPLEX -- 165-165A and 157-159 Principale E Street, Magog

Sale of two income properties on two separate lots (cadastral numbers 3 143 287 and 3 143 288), totaling 8 rental units. Strategic location near downtown, the river, and essential services. Sought-after area offering strong rental and optimization potential.

BUILDING #1 -- 165-165A Principale E

Units:
165: 5 ½ (electricity and heating included)
165A: 3 ½ (electricity and heating included)

BUILDING #2 -- 157-159 Principale E

Units:
6 bedrooms or lofts with kitchenette and shared bathroom.
Rented with electricity and heating included.
GARAGE
2 garage spaces rented at $75/month.

Both buildings must be sold together. Sale without legal warranty of quality, at the buyer's risk.

Inclusions:

According to the leases in force.

Exclusions:

According to the leases in force.

Property Summary

  • Lot Assessment: $49,400.00
  • Building Assessment: $164,500.00
  • Total Assessment: $213,900.00
  • Assessment Year: 2025
  • Municipal Tax: $4,919.00
  • School Tax: $235.00
  • Annual Tax Amount: $5,154.00 (2025)
  • Lot Frontage: 20.11 Metre
  • Lot Depth: 40.63 Metre
  • Lot Size: 889.4 Square Metres
  • Building Width: 7.26 Metre
  • Building Depth: 17.32 Metre
  • No. of Parking Spaces: 8
  • Floor Space (approx): 150.0 Square Metres
  • Built in: 1910
  • Bedrooms: 1
  • Zoning: COMM, RESI

Building Features:

  • Driveway:
    Unpaved
  • Heating System:
    Electric baseboard units
  • Water Supply:
    Municipality
  • Heating Energy:
    Electricity
  • Garage:
    Detached
  • Proximity:
    Bicycle path , Elementary school , High school
  • Basement:
    Unfinished
  • Parking:
    Driveway , Garage
  • Sewage System:
    Municipality
  • Topography:
    Flat

Revenue Units

  • Potential gross revenue: Residential
    $54,240.00
  • Potential gross revenue: Parking/Garages
    $1,800.00
  • Potential gross revenue: Date
    10-21-2025

Expenses (annual)

  • Electricity
    $5,657.00

Revenue Units

  • Pieces: 1 Bedrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 1 Bedrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 1 Bedrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 1 Bedrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 1 Bedrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 1 Bedrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 5 Bedrooms: 3 Bathrooms: 2 Potential Monthly Revenue: $0.00
  • Pieces: 3 Bedrooms: 1 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Potential Monthly Revenue: $0.00
Lifestyle
Neighbourhood Info
Agent

Jean-Francois Bérubé

Courtier immobilier agréé DA

Phone: 819.820.8363

Home Phone: 819.820.8363

Home Fax: 819.562.5590

Toll Free: 888.820.8363

Agent

Tristan Savard

Courtier immobilier résidentiel et commercial

Phone: 819.820.8363

Cell: 438.867.0322

Home Fax: 819.565.3003

Get More Info