Immeubles Gloria
935-951 Fabre, Sherbrooke
8 residential units, 0 commercial units | 1,295,000$

Description

Residential
0
0
2
5
1
0
8
0

Financial Overview

Revenue 90,132$
Cost per Unit 161,875$
Cap. Rate 4.69 %
GRM 14.37
NRM 21.32
Return on Cash Flow 2.07 %
Return on Investment 5.66 %

Municipal Evaluation

Previous Assessment 2022-2024 566,400$
 
Land 2025-2027 152,500$
Building 2025-2027 607,400$
Total 2025-2027 759,900$

Highlights

- Detached 8-unit building in the heart of Sherbrooke - Parking and driveway redone in 2025, with 8 outdoor spaces
- Les Nations area, close to services, UdeS and Bishop’s - Washer-dryer and dishwasher hookups in all units
- Electric heating and hot water paid by tenants - Advantageous CMHC MLI Select financing possible
- Renovated kitchens and bathrooms in most units - Excellent investment opportunity with a low down payment
- Quartz countertops in several kitchens and bathrooms
- Rear balconies and stairs rebuilt in 2025, front balconies in 2021

Residential

Studio 1 ½ 0
Alcove 2 ½ 0
1 bdrm 3 ½ 2
2 bdrm 4 ½ 5
3 bdrm 5 ½ 1
4 bdrm + 6 ½ + 0
Total Units   8

Commercial

Commercial 0
Total Units   0

Parking

Parking 8
Garage 0
Storage 0
Total Spaces   8

Location

Main Artery Galt O.
Intersection Galt O. / La Rocque
Shopping Center Carrefour Belvédère
Metro Station
Bus
Attraction
Hospital Hôtel-Dieu
School UdeS, Bishop

Heating

Energy Source Electricity
Heating Type Electric Baseboards
Responsibility Tenants

Heating Hot Water

Energy Source Electricity
Responsibility Tenants
Water Tank

General Information

Zoning Residential
Cadastral 1028866
Building Type Detached
Floor Nb. 2
Year Built 1915
Lot Area 925
Building Area 0
Stove As per leases
Refrigerator As per leases
Washer As per leases
Dryer As per leases
Elevator None
Wash/Dry Hookups In the units
Dishwasher Hookups In the units
Pool None
Furnished 12 appliances
AC units None
Basement Crawlspace
Fireplace
Intercom

Building Overview

Roof
Windows
Balconies
Exterior Walls
Electricity 6 x 100A and 2 x 200A
Plumbing Washer, dryer and dishwasher hookups in all units
Heating System Electric heating paid by the tenants
Hot Water Tanks Electric hot water paid by the tenants
Elevator None
Garage 8 exterior parking spaces
Bathrooms Six renovated bathrooms: #935, 937, 941, 943, 947 and 951 | Quartz vanities and countertops, plumbing, ceramic
Kitchens Six renovated kitchens: #935, 937, 941, 943, 947 and 951 | Cabinets and quartz countertops, plumbing, flooring
Certificate of Location 2007-05-29 | New certificate of location to be obtained
Environmental Report

Notes

- Lot numbers: 1 028 866 and 1 028 868 Cadastre du Québec
- Zoning: Usage H-1, H-4, H-6, H-8 and H-111 | Zone H1089
*** This sale is made without any legal warranty of quality, on an “as is, where is” basis, at the BUYER’s own risks. ***
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