426 Rue Sherbrooke 48 Unit Apartment Building Offered at $1,142,001 USD Magog, QC J1X 2S3

426 Rue Sherbrooke presents a multifamily development opportunity in the City of Magog. Positioned at the intersection of Rue Sherbrooke and Rue Fontaine, the site contains approximately 29,678 square feet of land and benefits from urban zoning identified as Zone M254. The property has been the subject of a completed architectural study supporting the development of a four-story residential building with 48 residential units, underground parking, common areas, terraces, and related resident amenities.
The site's corner location provides visibility from multiple frontages and convenient circulation within the surrounding urban area. Municipal water and municipal sewer services are available, supporting future residential development. The property also offers access to major transportation routes and is situated near a range of community amenities, including schools, parks, healthcare services, recreational facilities, golf courses, and regional ski destinations.
Magog continues to attract residents seeking access to the Eastern Townships lifestyle while remaining connected to regional employment and service centers. The combination of an established urban setting, existing development planning work, municipal services, and zoning flexibility creates an opportunity for developers and investors pursuing new residential housing inventory in a growing market.
With a completed conceptual development study already prepared and a location integrated into the city's infrastructure network, the property offers a foundation for advancing a multifamily residential project in one of Quebec's recognized recreational and residential communities.