$265,000

Duplex for sale - Sherbrooke (Lennoxville)

$265,000

Loading property...

$265,000

Duplex for sale - Sherbrooke (Lennoxville)

$265,000

Next Open House

20 - 22 Rue Reed, Sherbrooke (Lennoxville), J1M 1M5

Duplex in the heart of Lennoxville, within walking distance of schools, services, shops, and public transportation. Perfect for an investor or owner-occupant, this property combines a prime location with strong income potential. Both spacious and bright units are well laid out and offer great possibilities for income optimization. The flexible zoning allows for various improvement or expansion projects, depending on your needs and future plans. A rare opportunity to acquire a well-located, profitable, and versatile duplex in a highly sought-after area of Lennoxville, where demand continues to remain strong.

  • Lot area: 5,688 SF
  • NUMBER OF ROOMS : 12
  • Year built : 1920
MAXIM MESSIER INC.
Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

50'8" X 20'9"

1920

2,015 SF

Poured concrete , Concrete slab on ground , Stone

Aluminum , Other

Sheet metal

Addenda
Particularities plusParticularities minus

Duplex offering excellent potential for optimization and the possibility of further development depending on your plans. Ideally located in a sought-after area of Lennoxville, close to schools, services, shops, and public transportation, this well-maintained property will appeal to both investors and owner-occupants alike.

The building features two spacious 5½ units, each spread over two floors, offering functional living spaces with all the necessary amenities. Both units provide great flexibility under current zoning and offer interesting possibilities for future use or improvements.
The current tenants are stable and respectful, and plan to move out in spring 2026, giving the buyer the option to occupy the property or adjust rents in the near future.
Several improvements have been made over the years, making this a low-maintenance, turnkey property. The duplex also offers ample storage, a large parking area and a pleasant private yard for tenants to enjoy.

A rare opportunity to acquire a solid, versatile, and well-located duplex in a high-demand area where growth and investment potential remain strong.

1. Unit 20 Reed
Spacious 5½ unit on two floors featuring a large kitchen, three bedrooms, a full bathroom, and access to the basement. Private entrance and parking space.
- Current rent: $1,095/month (heating, electricity, and hot water included)
- Estimated potential rent: ~$1,500/month
- Tenants have indicated their intention to vacate as of April 30, 2026

2. Unit 22 Reed
Spacious 5½ unit on two floors featuring a large kitchen, living room, three bedrooms, a full bathroom, and a laundry area. Private entrance and parking space.
- Current rent: $1,210/month (heating, electricity, and hot water included)
- Estimated potential rent: ~$1,500/month
- Two of the three tenants have indicated their intention to move out as of April 30, 2026

Total current annual revenue: $27,600

- Buyer to verify compliance, zoning and permitted uses with local authorities. Zoning: H1755

- Visits upon accepted offer only.

- This impressive home boasts nearly 2 013 square feet of living space not to mention its massive basement that extends underneath the home. Large lot of over 5 685 square feet of property.

- Located in the heart of Lennoxville, close to shops, services, Centennial Park, bike paths, St-Antoine and LES elementary schools, Alexander Galt, CEJEP Champlain and Bishop's University. Highway 410 is minutes away.

Building details and property interior
Particularities plusParticularities minus

50'8" X 20'9"

1920

2,015 SF

Poured concrete , Concrete slab on ground , Stone

Aluminum , Other

Sheet metal

Lot and exterior features
Particularities plusParticularities minus

5,687.65 SF

Flat

Unpaved

Driveway : 4

Highway , CEGEP , Daycare centre , Golf , Park , Bicycle path , Elementary school , High school , Public transportation , University

Residential

Room details
Particularities plusParticularities minus
Unit Room Level Dimensions Flooring Description
1 (app.) Kitchen 1st level/Ground floor 19' X 12' irr. Wood
1 (app.) Primary bedroom 1st level/Ground floor 19'2" X 9'6" Carpet
1 (app.) Bathroom 1st level/Ground floor 10'8" X 4'5" irr. Flexible floor coverings
1 (app.) Bedroom 2nd level 18'4" X 9'8" irr. Flexible floor coverings
1 (app.) Bedroom 2nd level 17'9" X 9'7" irr. Flexible floor coverings
1 (app.) Cellar/Cold room Basement 1 22' X 19' irr. Concrete
2 (app.) Living room 1st level/Ground floor 12'1" X 11'3" Wood
2 (app.) Kitchen 1st level/Ground floor 19'3" X 9'7" irr. Flexible floor coverings
2 (app.) Bedroom 1st level/Ground floor 18'5" X 9'2" irr. Wood
2 (app.) Bedroom 2nd level 19'6" X 9'2" irr. Carpet
2 (app.) Bedroom 2nd level 14'6" X 7'3" irr. Carpet
2 (app.) Bathroom 2nd level 10'8" X 4'5" Flexible floor coverings
Characteristics
Particularities plusParticularities minus

Electric baseboard units

Electricity

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Light fixtures, appliances

Personal belongings and furniture of the tenants, washer and dryer.

Financial details
Particularities plusParticularities minus
Assessment (2023)
Taxes
  • (2025)
  • (2025)
Gross yearly revenu (potential)
Energy
20 - 22 Rue Reed, Sherbrooke (Lennoxville), J1M 1M5
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 14.1%
  • 23.3%
  • 9.2%
  • 17.0%
  • 36.4%
  • 57.5%
  • 3.0%
  • 7.3%
  • 32.2%
  • 0.0%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
Powered by LocalLogic
+Show more stats -Hide stats
MAXIM MESSIER INC.
Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2023)
Taxes
  • (2025)
  • (2025)
Gross yearly revenu (potential)
Energy
×

My name is MAXIM MESSIER INC., RE/MAX real estate broker. How may I help you?

Do you have a question?