For Sale

$1,299,000

1151 Rue de l'Esplanade , Sherbrooke (Les Nations), QC J1H1S9

2 Beds 1 Baths 0 Partial Bath

Remarks

A 7-unit apartment building ideally located directly across from Lac des Nations, in a highly sought-after neighborhood. Comprising 6 4.5-room units and one loft, it offers excellent potential for maximizing rental income. The recent conversion of the heating system to convector heaters significantly reduces energy costs, which are now covered by the tenants (except for the loft). An attractive opportunity for investors seeking a well-located building with potential.

Located in a high-demand rental market, this 7-unit building presents an attractive opportunity for investors. Entirely clad in brick, it enjoys a strategic location directly facing Lac des Nations, offering undeniable appeal to tenants.
The building comprises 6 four-and-a-half-bedroom units and one loft. The heating system was converted to convector heaters in 2026. Heating costs are now the responsibility of the tenants, with the exception of the loft, which reduces operating expenses for the owner.
Recent reports, including Phases 1, 2, and 3, are available in the file. The building offers strong potential for revenue optimization in a dynamic rental market.

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

Inclusions:

Depending on the lease.

Exclusions:

Depending on the lease.

Property Summary

  • Neighbourhood: Jacques-Cartier
  • Lot Assessment: $154,900.00
  • Building Assessment: $574,400.00
  • Total Assessment: $729,300.00
  • Assessment Year: 2026
  • Municipal Tax: $9,251.00
  • School Tax: $524.00
  • Annual Tax Amount: $9,775.00 (2026)
  • Lot Frontage: 15.32 Metre
  • Lot Depth: 35.67 Metre
  • Lot Size: 553.2 Square Metres
  • Building Width: 10.07 Metre
  • Building Depth: 17.99 Metre
  • Floor Space (approx): 559.2 Square Metres
  • Built in: 1967
  • Bedrooms: 2
  • Bathrooms (Total): 1
  • Bathrooms (Partial): 0
  • Zoning: Commercial

Building Features:

  • Common Walls:
    Detached
  • Sewer:
    Municipality
  • Utilities:
    Water Connected , Sewer Connected
  • Water Source:
    Municipality

Revenue Units

  • Potential gross revenue: Residential
    $82,536.00
  • Potential gross revenue: Date
    04-29-2026

Expenses (annual)

  • Electricity
    $3,521.00
  • Insurance
    $6,716.00
  • Snow removal
    $869.00

Revenue Units

  • Pieces: 4 Bedrooms: 2 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 4 Bedrooms: 2 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 4 Bedrooms: 2 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 4 Bedrooms: 2 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 4 Bedrooms: 2 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 4 Bedrooms: 2 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Pieces: 2 Bedrooms: 1 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

Get More Info