Located in the heart of Lennoxville, close to schools, services, and public transportation, this fourplex offers excellent investment potential. The spacious and well-maintained units present multiple opportunities to increase revenues. The versatile zoning allows for various uses or potential expansion. Carefully maintained by the current owners, a rare opportunity in a sought-after neighborhood.
22'20" X N/A Irregular
1936
3,611.29 SF
PVC
Poured concrete , Concrete slab on ground , Stone
Vinyl
Asphalt shingles
Fourplex offering great optimization potential and the possibility of adding additional units depending on your plans. Ideally located in a highly desirable area of Lennoxville, within walking distance to schools, shops, services, and public transport, this well-kept property will appeal to both investors and owner-occupants alike.
The units are generously sized, well-appointed, and individually accessible, providing full amenities and strong adaptability based on current zoning and potential future uses.
Several updates have been carried out over the years, making this a low-maintenance property. Stable and respectful tenants provide peace of mind and consistent income. The property also features ample storage, a large rear parking area, and a pleasant backyard for tenants to enjoy.
A rare opportunity to acquire a solid, versatile, and well-located property in a high-demand area with significant growth potential.
1. Unit 29 Church
Spacious 5½ on the main floor with open-concept living, dining, and kitchen area, two bedrooms, full bathroom, and plenty of storage. Private balcony, separate entrance, laundry, and parking.
- Current rent: $775/month (heat, electricity, and hot water not included)
- Estimated potential: ± $1,500/month
2. Unit 29-A Church
Charming upper 4½ featuring two bedrooms, bright living room, functional kitchen, private entrance, laundry, parking, and heat pump.
- Current rent: $500/month (heat, electricity, and hot water not included)
- Estimated potential: ± $1,000/month
3. Unit 42 Parkdale
Main floor currently set up as a hair salon, offering a large, bright space with full bathroom, kitchenette, and basement storage. Private entrance, shared laundry with unit 42-A, parking, heat pump, and more.
- Current rent: $1,050/month (all inclusive)
- Estimated potential: ± $1,500/month
4. Unit 44 Parkdale
Upper 4½ with two bedrooms, hardwood floors, private balcony, separate entrance, laundry, and parking.
- Current rent: $660/month (heat, electricity, and hot water not included)
- Estimated potential: ± $1,200/month
5. Unit 42-A Parkdale
Basement loft-style apartment with open-concept living area and bedroom nook, private entrance, shared laundry with unit 42, parking, and various amenities.
- Current rent: $660/month (all inclusive)
- Estimated potential: ± $800/month
Total current annual revenue: $43,740
Located in the heart of Lennoxville, near shops, services, schools, cycling paths, and Centennial Park. Highly desirable area offering great potential for appreciation.
Buyer to verify compliance, zoning and permitted uses with local authorities.
Zoning: H1880 (H-1, H-4, H-6, H-111, H-8 -- 4 to 8 units). According to the municipality, current assessment and taxes are based on three residential units and one commercial space.
Visits upon accepted offer only.
22'20" X N/A Irregular
1936
3,611.29 SF
PVC
Poured concrete , Concrete slab on ground , Stone
Vinyl
Asphalt shingles
54'8" X 150'9" Irregular
9,787.62 SF
Sloped , Flat
Unpaved
Driveway : 6
Highway , CEGEP , Daycare centre , Golf , Park , Bicycle path , Elementary school , High school , Public transportation , University
Residential
| Unit | Room | Level | Dimensions | Flooring | Description |
|---|---|---|---|---|---|
| 1 (app.) | Living room | 1st level/Ground floor | 16'9" X 14'9" | Wood | |
| 1 (app.) | Dining room | 1st level/Ground floor | 14'4" X 8'9" | Ceramic | |
| 1 (app.) | Kitchen | 1st level/Ground floor | 14'4" X 10'5" | Ceramic | |
| 1 (app.) | Bedroom | 1st level/Ground floor | 13'2" X 11'5" | Laminate floor | |
| 1 (app.) | Bedroom | 1st level/Ground floor | 12'10" X 3' | Laminate floor | |
| 1 (app.) | Bathroom | 1st level/Ground floor | 12' X 5'3" | Ceramic | |
| 2 (app.) | Living room | 2nd level | 16'8" X 8'8" | Laminate floor | |
| 2 (app.) | Kitchen | 2nd level | 12'7" X 9'8" | Laminate floor | |
| 2 (app.) | Bedroom | 2nd level | 16'5" X 9'7" | Laminate floor | |
| 2 (app.) | Bedroom | 2nd level | 10'3" X 8'3" | Laminate floor | |
| 2 (app.) | Bathroom | 2nd level | 7' X 5' | Linoleum | |
| 3 (app.) | Living room | 1st level/Ground floor | 18'2" X 17'5" irr. | Laminate floor | |
| 3 (app.) | Living room | 1st level/Ground floor | 8'3" X 23'9" irr. | Laminate floor | |
| 3 (app.) | Kitchen | 1st level/Ground floor | 10'4" X 6'1" | Laminate floor | |
| 3 (app.) | Bathroom | 1st level/Ground floor | 9'3" X 5'6" | Ceramic | |
| 4 (app.) | Living room | Basement 1 | 11'5" X 10' | Laminate floor | |
| 4 (app.) | Kitchen | Basement 1 | 11'6" X 9'4" irr. | Laminate floor | |
| 4 (app.) | Bedroom | Basement 1 | 7'9" X 9'3" irr. | Laminate floor | |
| 4 (app.) | Bathroom | Basement 1 | 6' X 5'4" | Ceramic | |
| 5 (app.) | Living room | 2nd level | 15'5" X 11'9" | Wood | |
| 5 (app.) | Kitchen | 2nd level | 15'5" X 12'9" | Wood | |
| 5 (app.) | Bedroom | 2nd level | 17'4" X 10'1" | Laminate floor | |
| 5 (app.) | Bedroom | 2nd level | 9'11" X 7' | Laminate floor | |
| 5 (app.) | Bathroom | 2nd level | 8'3" X 8' | Ceramic |
Forced air , Electric baseboard units
Dual energy , Electricity , Heating oil
Central vacuum cleaner system installation , Wall-mounted heat pump
Municipality
Municipality
Light fixtures, washer, dryer, and refrigerator from 42 Parkdale, as well as the refrigerator and stove from 42-A Parkdale. All sold without warranty.
Personal belongings and furnishings of the tenants (including hairdressing equipment).
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RE/MAX D'ABORD | 157 boul. Jacques-Cartier Sud, Sherbrooke (Les Nations), Québec, J1J 2Z4
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