Income properties for sale
60 - 84, Rue Gordon, Sherbrooke (Les Nations)
$8,995,000
Features
Use of property
Residential
Year built
1959
Lot area
24,355 sqft
Number of units
Residential (52)
Residential units
2 x 1 ½, 5 x 2 ½, 25 x 3 ½, 14 x 4 ½, 5 x 5 ½, 1 x 6 ½
Potential gross revenue
$603,348
Description
Portfolio of 52 units consisting of two buildings with 24 and 28 units, located in downtown Sherbrooke. The properties have been owned and carefully maintained by the current owner over the past decade, with the majority of units in both buildings having been renovated. Energy costs are borne by the owner; however, most new tenants pay for their own electricity, and each apartment is individually metered. The buildings are located near all major services in an area with strong rental demand.
Centris No. 9366692
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Financial details
| Municipal assessment (2026) | |
|---|---|
| Lot | $377,000 |
| Building | $4,089,600 |
| Total | $4,466,600 |
| Taxes | |
|---|---|
| Municipal (2026) | $58,525 |
| School (2026) | $2,675 |
| Total | $61,200 |
| Expenses | |
|---|---|
| Electricity | $12,000 |
| Combustible | $37,259 |
| Insurance | $20,372 |
| Garbage | $1,173 |
| Total | $70,804 |
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