Property Information:
Unique opportunity with great potential! Two buildings on two different lots communicating with each other and currently used as an intermediate mental health resource and operated by the current owner-occupants. Both buildings are 3 storeys above ground plus basement (the rooms in the back of the basement are full height) and total 22 rooms and 5 parking spaces in the back.
Unique opportunity with great potential! Two buildings on two different lots communicating with each other and currently used as an intermediate mental health resource and operated by the current owner-occupants. Both buildings are 3 storeys above ground plus basement (the rooms in the back of the basement are full height) and total 22 rooms and 5 parking spaces in the back.
Building:
+ Nice area 4064.45 sq. ft.
+ Potential area: (+) 13,707 sq.ft. according to the 2021 Feasibility Study
+ Estimated income: $170,000
+ Electricity, heating at owner's expense
+ 5 parking spaces
+ 22 Bedrooms
+ 4 complete bathrooms (some rooms have toilets included)
+ Ideally located
+ Zoning R.3 (representing an unlimited potential of buildable unit according to the urbanism regulation)
+ 85% implementation rate (the feasibility study shows a maximum square footage potential of 10,500 sq. ft. for Option 1 and over 13,707 sq. ft. for Option 2 while respecting a density level of less than 3)
+ Ideal for a real estate developer
** A minimum 15-month transitional lease will be signed at the time of sale, to allow time to relocate residents to their new location.
*** The buyer will have to take over the mortgage already present (estimated value of 1.2M)
Location:
+ Several shops nearby (pharmacy, restaurants, bars...)
+ 5 minutes from Saint-Jacques Park, Jardin Communautaire Saint-André, Square Saint-Louis
+ Close to route 138
+ Bus stop 125, 24, 360 at less than 10 minutes walking distance
+ Sherbrooke metro station at 5 minutes walking distance
+ Angus Clinic at 2 minutes
Inclusions: furniture for residents' rooms
Exclusions : Appliances
Building Features:
-
Parking:
Garage
-
Size:
14.72 x 24.84 METRE
-
Windows:
PVC
-
Heating System:
Electric baseboard units
-
Heating Energy:
Electricity
-
Water Supply:
Municipality
-
Sewage System:
Municipality
Courtesy of: Royal LePage Altitude
Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.
Sold without legal warranty of quality, at the buyer's own risk.
