Sherbrooke rental property market
What the official assessment roll says about income properties in Sherbrooke. Assessed values reflect market conditions on 2023-07-01 and usually lag current sale prices.
Assessed values by building size
| Building size | Buildings | Dwellings | Median assessed value | Median value per door |
|---|---|---|---|---|
| 12 units and more | 790 | 20,320 | $2,516,100 | $102,863 |
| 2 to 5 units (plexes) | 6,274 | 17,318 | $446,650 | $178,275 |
| 6 to 11 units | 1,509 | 10,377 | $810,800 | $118,386 |
Average rents, Sherbrooke centre (October 2025) · vacancy 2.7%
| Studio (1½-2½) | 1 bedroom (3½) | 2 bedrooms (4½) | 3 bedrooms + (5½+) |
|---|---|---|---|
| $712 | $905 | $1,062 | $1,375 |
CMHC Rental Market Survey, row and apartment units, rent paid by sitting tenants (asking rents for vacant units are higher).
Buying a typical plex in Sherbrooke
On a price of $445,000 (median assessed plex value), Quebec land transfer tax is about $4,786 with the provincial brackets and Sherbrooke's own rates above 500 000 $ (see methodology). The posted 5-year conventional mortgage rate is 6.19 % (2026-10-14).
Analyze a listing · Transfer tax calculator · CMHC and MLI Select loan
Source: Sherbrooke property assessment roll 2025 (Quebec open data, Ministère des Affaires municipales et de l'Habitation, Données Québec). Aggregates only; figures are assessed values, not sale prices, and are not an appraisal.