For Sale

$1,325,000

40 Rue Vaudry , Sherbrooke (Lennoxville), QC J1M1B3

3 Beds 1 Baths 0 Partial Bath

Remarks

A 6-unit building offering 3-room apartments units, located in the Bishop's University area. The units are designed so that no two apartments share common walls, a significant advantage for tenants. Several upgrades have been made over the years. The units feature washer-dryer sets, and appliances are included. Thanks to its strategic location in Sherbrooke, close to services, shops, transportation, schools, and major highways, this building represents an attractive investment with strong appreciation potential.

Located at 40 Vaudry Street in Sherbrooke, this 6-unit apartment building presents an attractive opportunity for an investor seeking a well-located property in an established urban area.

The property comprises six 5½-room units, each featuring three bedrooms with closets and functional living spaces. The units include washer-dryer units in the bathroom. The upper-floor units also feature private enclosed balconies.

The units feature two distinct floor plans:
* Odd-numbered units: main entrance through the living room, with a second entrance through the dining room, which opens onto the kitchen.
* Even-numbered units: access via a central hallway leading to the enclosed living room, then the kitchen and dining room, before leading to the bedrooms and bathroom.

Several improvements have been made over the years, including:
* Renovation of certain floors
* Modernized kitchens and bathrooms in some units
* Replacement of windows
* Repair or improvement of balconies

The units are currently rented with heating, hot water, electricity, and internet included, and appliances (stove, refrigerator, washer, and dryer) are provided to tenants.

The building also offers more than a dozen outdoor parking spaces, located around the building for tenants and their visitors.

The estimated annual income of $106,264 includes rental values assigned to two vacant units.

The amount of municipal taxes and the property assessment are estimated, as the account is shared with the neighboring property. It will be split shortly, and the information will be updated.

This sale is made without the legal warranty of quality, at the buyer's own risk.

Inclusions:

Depending on the lease.

Exclusions:

Depending on the lease.

Property Summary

  • Lot Assessment: $340,900.00
  • Building Assessment: $2,203,000.00
  • Total Assessment: $2,543,900.00
  • Assessment Year: 2026
  • Municipal Tax: $8,000.00
  • School Tax: $447.00
  • Annual Tax Amount: $8,447.00 (2026)
  • Lot Frontage: 31.58 Metre
  • Lot Depth: 26.69 Metre
  • Lot Size: 876 Square Metres
  • Building Width: 16.5 Metre
  • Building Depth: 16.2 Metre
  • No. of Parking Spaces: 5
  • Built in: 1963
  • Bedrooms: 3
  • Bathrooms (Total): 1
  • Bathrooms (Partial): 0
  • Zoning: Residential

Building Features:

  • Common Walls:
    Detached
  • Heating:
    Hot water , Dual energy , Electricity , Heating oil
  • Sewer:
    Municipality
  • Utilities:
    Water Connected , Electricity Connected , Sewer Connected
  • Water Source:
    Municipality

Revenue Units

  • Potential gross revenue: Residential
    $106,284.00
  • Potential gross revenue: Date
    03-29-2026

Expenses (annual)

  • Electricity
    $5,072.00
  • Heating oil
    $9,800.00
  • Snow removal
    $1,265.00
  • Other
    $2,656.00
  • Insurance
    $6,984.00

Revenue Units

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

Dominique Massicotte

Courtier immobilier résidentiel et commercial

Dominique Massicotte Courtier immobilier inc.

Phone: 819.820.8363

Home Phone: 819.820.8363

Home Fax: 819.562.5590

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

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