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1221 - 1223 Rue King O., Sherbrooke (Les Nations), QC, J1H 1S6

MLS® # 10549835

Investment For Sale In Sherbrooke (Les Nations), Quebec
$399,000
Frontage - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Reception area - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Hall - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Basement - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Basement - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Basement - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Basement - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Basement - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Kitchenette - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Powder room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Other - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Other - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Bathroom - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Hall - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Living room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Living room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Living room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Dining room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Dining room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Kitchen - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Kitchen - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Kitchen - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Kitchen - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Family room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Family room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Family room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Master bedroom - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Master bedroom - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Master bedroom - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Bathroom - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Bathroom - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Bedroom - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Bedroom - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Powder room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Powder room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Exterior - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Overall view - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Overall view - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Frontage - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Reception area - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Hall - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Basement - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Basement - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Basement - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Basement - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Basement - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Kitchenette - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Powder room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Other - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Other - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Bathroom - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Hall - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Living room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Living room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Living room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Dining room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Dining room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Kitchen - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Kitchen - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Kitchen - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Kitchen - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Family room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Family room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Family room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Master bedroom - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Master bedroom - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Master bedroom - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Bathroom - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Bathroom - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Bedroom - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Bedroom - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Powder room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Powder room - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Exterior - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Overall view - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
Overall view - 1221  - 1223 Rue King O., Sherbrooke (Les Nations), QC
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1221 - 1223 Rue King O., Sherbrooke (Les Nations), QC, J1H 1S6

$399,000

Property Information:

Located in a strategic location at the corner of King and Ontario streets, this commercial building offers great potential for your business project! Commercial section with large open areas and the possibility of creating an additional dwelling. 4 ½ bedroom upstairs with family room and 1.5 bathrooms.

This sale is made without legal warranty, at the BUYER'S risk.

Approximately 40% of the sale is taxable (first floor commercial space).

Located in a strategic location, in a high traffic area at the corner of King and Ontario streets in Jacques-Cartier, this commercial building offers a great potential including several business projects!

The building has a business section with large open areas that can be developed for various types of commercial activities. The BUYER will have to verify the feasibility of his project.

There is a powder room, as well as a mechanical room with storage space.

Part of the 2nd floor of this section could easily be rearranged to create an additional apartment and generate rental income, as the main rooms (living room, kitchen, bedroom, bathroom) are already present.

The upstairs apartment has a kitchen with wood cabinets, a large dining room with a bay window and a bright living room with wood floors.

There is a family room that could be converted into a bedroom, a bathroom with a corner bath with ceramic podium and a separate corner shower, as well as a powder room with washer and dryer facilities.

Take advantage of a sector in economic effervescence and a proximity to multiple businesses and services, downtown Sherbrooke, the Carrefour de l'Estrie, public transit, several parks, daycares and schools and much more!

Inclusions: See lease, air conditioner (commercial space), hot plate, built-in oven, light fixture (residence).

Exclusions : See lease.

Building Features:

  • Style: Triplex
  • Basement: 6 feet and more, Finished basement
  • Bathroom: Separate shower
  • Equipment/Services: Wall-mounted air conditioning
  • Foundation: Poured concrete, Stone
  • Kitchen Cabinets: Wood
  • Parking: Driveway
  • Proximity: Highway, CEGEP, Daycare centre, Golf, Hospital, Park, Bicycle path, Elementary school, High school, Public transportation, University
  • Siding: Brick
  • Topography: Flat
  • Washer/Dryer (installation): Powder room
  • Window Type: Casement
  • Windows: Aluminum
  • Heating Energy: Natural gas
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $18,000
  • Commercial: $26,400

Taxes:

  • Municipal Tax: $7,212
  • School Tax: $387
  • Annual Tax Amount: $7,599

Expenses:

  • Insurance: $2,100

Property Assessemnt:

  • Lot Assessment: $169,700
  • Building Assessment: $224,900
  • Total Assessment: $394,600

Property Features:

  • Bedrooms: 2
  • Bathrooms: 2
  • Lot Depth: 64.3 Feet
  • Lot Frontage: 65.3 Feet
  • Lot Size: 4298.00 Square Feet
  • Zoning: COMM, RESI
  • No. of Parking Spaces: 3

Revenue Units:

Unit 1

  • Pieces 6
  • Bedrooms 2
  • Baths 1

Unit 2

  • Pieces 3
  • Bedrooms 1
  • Baths 1

Unit 3

  • Bedrooms None

Unit 4

  • Bedrooms None

Courtesy of: Royal LePage Evolution

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.

Location of 1221 - 1223 Rue King O., Sherbrooke (Les Nations), QC, J1H 1S6

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Demographic Information of 1221 - 1223 Rue King O., Sherbrooke (Les Nations), QC, J1H 1S6

Life Stage

Midlife Families

Employment Type

Service Sector/White Collar

Average Household Income

$90,904.82

Average Number of Children

0.83

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.01 %

High school certificate or equivalent

13.37 %

Apprenticeship trade certificate/diploma

10.39 %

College/non-university certificate

19.49 %

University certificate (below bachelor)

5.06 %

University Degree

31.38 %

Commuter

Travel To Work

By Car

70.79 %

By Public Transit

6.05 %

By Walking

12.69 %

By Bicycle

0.0 %

By Other Methods

10.47 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

68.08 %

Houses

31.92 %

Own Vs. Rent