Sherbrooke, Quebec
Sherbrooke is a city whose most valuable ground is held by institutions that pay no tax on it: of the $33.4 billion on its roll, MAMH's statutory Sommaire records $1.17 billion exempt as the property of CEGEPs and universities and $1.10 billion as the health network's — together more than half of the 12.8% of the city that is statutorily exempt — while the largest privately held thing in Sherbrooke is a shopping centre Groupe Mach bought for $236 million in 2019.
7 buildings · 6 with an owner established · 17 sources · 5 tier B · 2 tier A · prepared 2026-10-10
Can you find out who owns it?
Ownership in Quebec is public and free, but only one property at a time, read from the roll on the municipality's own site or at the clerk's counter. The provincial bulk file publishes all 56,325 Sherbrooke assessment units with land value, building value, lot area, storeys, year built, dwellings, non-residential premises and the statutory paragraph behind any tax exemption, but with the owner's name and mailing address cut out; Données Québec states that re-identifying them is forbidden. The exemption paragraph is the useful substitute: it names the legal class of owner — a university-level establishment, Santé Québec or a health-network establishment, the municipality — and MAMH's statutory Sommaire totals the exempt value by that class for the whole city. A sale price appears only in the Registre foncier du Québec, at 1,50 $ per document.
Is ownership public?An open dataset names the owner
Cost of one title search1,50 $ per document (Registre foncier du Québec consultation, in force 1 April 2026); the municipal assessment roll, which names the owner, is free
Bulk ownership dataNone published
Sale pricesAggregates only — no individual sales
Sites that forbid taking their data
- donneesquebec.ca / open.canada.ca — “Les renseignements concernant les cadastres, noms des propriétaires et leurs adresses postales sont caviardés. Afin d'obtenir ces informations, vous pouvez consulter une unité d'évaluation particulière sur le site Web de la municipalité ou au bureau du greffier. Il est interdit de réidentifier les renseignements personnels caviardés (noms et adresses des propriétaires).”
- centris.ca — ““Screen scraping,” “data mining” or any other activity, whether automated or not, intended, directly or indirectly, to collect, store, copy, reproduce, reorganize or manipulate the Content is also prohibited and constitutes a violation of copyright and these Terms.”
1
The marquee buildings
The towers that set the tone of the core, and who holds them. A price is the price a document states, on the date it states — not an estimate of what the building is worth now.
| Building | Use | Owner | Owner type | Last price paid |
|---|---|---|---|---|
| Université de Sherbrooke — main campus 2500 boulevard de l'Université, Sherbrooke |
Institutional | Université de Sherbrooke The Université de Sherbrooke's main campus, the only university at 2500 boulevard de l'Université. MAMH's Sommaire records $1,172,952,700 of Sherbrooke real estate over 38 units exempt as the property of CEGEPs and universities (art. 204 par. 13°). Ownership is inferred from the institution occupying its own campus at that address; the roll's exemption paragraph that stated the class of owner could not be re-read from an allowed host. The earlier build's per-unit values ($554,039,100, the city's most valuable unit) came from a host whose robots.txt disallows crawling and are no longer claimed. |
Institution | —B |
| CHUS — Hôpital Fleurimont 3001 12e Avenue Nord, Sherbrooke |
Institutional | Santé Québec or an establishment of the Quebec health and social services network The CHUS's Fleurimont hospital at 3001 12e Avenue Nord. MAMH's Sommaire records $1,097,668,800 of Sherbrooke real estate over 65 units exempt under art. 204 par. 14°a-c — Santé Québec or a Schedule II health establishment. Ownership is inferred from the institution occupying its own campus at that address; the roll's exemption paragraph that stated the class of owner could not be re-read from an allowed host. The per-unit roll values the earlier build quoted here came from the bulk roll XML on a host whose robots.txt disallows crawling, and MAMH publishes no quarterly file for Sherbrooke, so they are no longer claimed. |
Government | —B |
| Carrefour de l'Estrie 2900-3400 boulevard de Portland, Sherbrooke (postal 3050 boulevard de Portland) about 1.2 million sq ft (Asgaard / Les Affaires) |
Retail | Groupe MACH The most valuable privately held property in Sherbrooke by its owner's own account — Asgaard calls it "le plus important centre commercial régional de l'Estrie". La Tribune, 2 May 2019: “« Oui, j'ai acheté le Carrefour de l'Estrie », a confirmé Vincent Chiara, président fondateur du Groupe Mach”. Les Affaires adds it was “la propriété à parts égales d'Ivanhoé Cambridge et de l'Office d'investissement du fonds du régime de pensions du Canada”. The earlier build's roll values ($279,598,000, 2019-05-15 title date) are no longer claimed: they came from a host whose robots.txt disallows crawling. |
Private company | CAD $236 million 2019 Les Affaires (mid-November 2019 edition): Groupe Mach "a versé 236 millions de dollars au printemps dernier afin de se porter acquéreur du Carrefour de l'Estrie", from Ivanhoé Cambridge and CPPIB, who held it in equal shares. A |
| Bishop's University 2600 rue College, Sherbrooke (Lennoxville) |
Institutional | Bishop's University Bishop's University's campus at 2600 rue College, Lennoxville — the only university at that address, and one of the 38 units the Sommaire records as exempt CEGEP and university property. Ownership is inferred from the institution occupying its own campus at that address; the roll's exemption paragraph that stated the class of owner could not be re-read from an allowed host. The earlier build's per-unit values (including a $6/m² land value against $91/m² at the Université de Sherbrooke) came from a host whose robots.txt disallows crawling and are no longer claimed. |
Institution | —B |
| CHUS — Hôtel-Dieu de Sherbrooke 580 rue Bowen Sud, Sherbrooke |
Institutional | Santé Québec or an establishment of the Quebec health and social services network The CHUS's Hôtel-Dieu campus at 580 rue Bowen Sud, one of the 65 units the Sommaire records as exempt health-network property ($1,097,668,800 in all). Ownership is inferred from the institution occupying its own campus at that address; the roll's exemption paragraph that stated the class of owner could not be re-read from an allowed host. The per-unit roll values the earlier build quoted here came from the bulk roll XML on a host whose robots.txt disallows crawling, and MAMH publishes no quarterly file for Sherbrooke, so they are no longer claimed. |
Government | —B |
| Cégep de Sherbrooke 355-475 rue du Cégep, Sherbrooke |
Institutional | Cégep de Sherbrooke The Cégep de Sherbrooke, the only CEGEP at 355-475 rue du Cégep, and one of the 38 units the Sommaire records as exempt CEGEP and university property. Ownership is inferred from the institution occupying its own campus at that address; the roll's exemption paragraph that stated the class of owner could not be re-read from an allowed host. The per-unit roll values the earlier build quoted here came from the bulk roll XML on a host whose robots.txt disallows crawling, and MAMH publishes no quarterly file for Sherbrooke, so they are no longer claimed. |
Institution | —B |
| Espace Centro 60-70 and 80 rue Wellington Sud (parking at 68 rue Wellington Sud), Sherbrooke about 150,000 sq ft of commercial space (Les Affaires) · 10 floors |
Mixed use | Not established the licence forbids naming the owner The clearest piece of ownership engineering in the city. Les Affaires, April 2025: two ten-storey towers with about 150,000 sq ft of offices and shops and 64 apartments, built above the City's parking structure, with a 715-space underground garage. It quotes Groupe Custeau: “Nous avons un droit superficiaire … Ils nous ont, en quelque sorte, vendu l'air au-dessus”. The earlier build's roll evidence (the garage as a separate, partly municipal-exempt unit beneath two fully taxable towers, with values) came from a host whose robots.txt disallows crawling and is no longer claimed. |
Not established | —A |
2
The core land
The most valuable ground in the city, and what the public record says about it.
Re-sourced 2026-10-10 from MAMH's quarterly roll (www.mamh.gouv.qc.ca/role/RM43027.xml); the earlier build used a host whose robots.txt disallows crawling. No such file exists for Sherbrooke: MAMH's quarterly index (indexRole.csv) lists no municipality with geographic code 43xxx and RM43027.xml returns 404. The figures below therefore rest on MAMH's statutory Sommaire du rôle workbook for fiscal 2026 (row 43027: roll deposited 2024-10-10, compiled 2025-08-27, facteur comparatif 1.08), read on MAMH's own content host. Every per-unit value the earlier build read from RL43027_2026.xml — the campus and hospital values, top-10/top-100 shares, land value per m² and completions by year — has been removed.
Total assessed value, Ville de Sherbrooke$33,441,356,900 CAD over 56,325 units
MAMH Sommaire du rôle 2026, codes 200013 and 200001: land $9,925,902,900 + buildings $23,515,454,000; taxable $29,153,331,540, non-taxable $4,288,025,360; 93,220 dwellings (200002) and 5,715 other premises (200004). Identical to the totals the earlier build computed from the roll file.
CEGEPs and universities — exempt value$1,172,952,700 CAD over 38 units and 503.3 ha
MAMH Sommaire du rôle 2026, codes 600022-600024 (art. 204 par. 13°, or par. 1° with art. 255 al. 3): 3.51% of the whole roll, the largest exempt class in the city, ahead of the municipality's own $784,309,200 over 1,381 units. Replaces the earlier 'highest assessed parcel' figure (the Université de Sherbrooke campus), which rested on per-unit values from a disallowed host.
Health network — exempt value$1,097,668,800 CAD over 65 units and 273.1 ha
MAMH Sommaire du rôle 2026, codes 600016-600018 (art. 204 par. 14°a-c, Santé Québec and the health-network establishments): 3.28% of the roll. With the CEGEPs and universities, $2.27 billion — 53% of everything exempt in Sherbrooke.
Share of assessed value that is tax-exempt12.82% ($4,288,025,360)
MAMH Sommaire du rôle 2026, code 200019, by art. 204 paragraph: CEGEPs and universities $1,172,952,700; the health network $1,097,668,800; the municipality $784,309,200; primary and secondary schools $543,974,900 over 61 units plus $144,298,600 under par. 15°-17°; recognised non-profits $116,554,660 over 74; places of worship and religious bodies under par. 8° $102,464,200 over 62; the Crown in right of Canada $49,521,500 over 9. The earlier build gave 13.5% ($4,514,478,100), the gross value of every unit carrying any exemption line.
5
Who builds the houses
New-home building in this market: the volume, and the firms behind it. Ownership of a builder matters as much as its volume — a private-equity platform and a family firm behave differently.
Sherbrooke's new housing comes from Estrie-based private developers, not national builders, and there is no Quebec league table to rank them by. The most instructive thing about the market is structural rather than numerical: the city's flagship downtown project was built on a surface right over a municipally owned parking garage, which Les Affaires describes as a droit superficiaire sold over the City's own garage.
| Name | Type | Units |
|---|---|---|
| Groupe Custeau Les Affaires, April 2025: the Espace Centro project, "conclu en 2022", comprises "deux tours de dix étages rassemblant environ 150 000 pieds carrés de locaux commerciaux (bureaux et commerces de détail) ainsi que 64 appartements" plus a 715-space underground garage, built under a droit superficiaire above the City's parking structure. |
Private company | 64 apartments + ~150,000 sq ft commercial (Espace Centro)A |
| Services Immobiliers First Its own site: "Expertise depuis 2007. Née d'une association fertile entre deux habiles gestionnaires … le promoteur immobilier Services Immobiliers First est sans conteste un leader en immobilier résidentiel. L'entreprise, sise en Estrie, gère et développe habilement des milieux de vie", and states it is currently rehabilitating the domaine des Petites Soeurs de la Sainte-Famille de Sherbrooke and working on two further large projects. No unit count is published. |
Private company | two large projects under development; founded 2007A |
| Ville de Sherbrooke (as land and garage owner) Included because in Sherbrooke the municipality is a direct participant in the development structure rather than only a permitting authority: Les Affaires reports that Espace Centro's towers were built under a droit superficiaire above the City's parking structure. The earlier build's roll figures for the garage unit came from a host whose robots.txt disallows crawling and are no longer claimed. |
Government | 715-space garageA |
6
Commercial landlords
The commercial side, counted separately from housing: who holds the office, retail and industrial floor area.
One private landlord dominates Sherbrooke's commercial stock, and its arrival was the fourth-largest commercial property transaction in Quebec in 2019 and the only one in the top ten outside the island of Montreal. The institutions that outweigh it — the universities, the CEGEP and the CHUS — pay no tax on their campuses.
| Name | Type | Portfolio |
|---|---|---|
| Groupe MACH Mach's own about page: "Fondé en 2000 et certifié B Corp … Un parc immobilier d'envergure 40 M de pi² répartis sur plus de 240 propriétés … 24 M de pi² de terrains en développement … 15 centres commerciaux", with 450+ staff and more than 5,000 residential units under management. Its management affiliate Asgaard gives Carrefour de l'Estrie at 3050 boulevard de Portland as "le plus important centre commercial régional de l'Estrie", nearly 1.2M sq ft, about 200 shops, 7.3 million annual visits, serving a trade area of more than 291,000 consumers. |
Private company | about 1.2M sq ft in Sherbrooke; 40M sq ft and 240+ properties nationallyA |
| Groupe Custeau Les Affaires, April 2025, for the commercial component of the two Wellington Sud towers. |
Private company | about 150,000 sq ft of offices and shops (Espace Centro)A |
?
Looked for and not found
Claims this page would have made if a source could be opened. They are left out rather than guessed.
- Who holds the surface right over the Espace Centro garage. Les Affaires identifies Groupe Custeau as the developer and quotes its vice-president on the droit superficiaire, but names no title-holding entity.
- Whether the Université de Sherbrooke, Bishop's University and the Cégep de Sherbrooke hold their campuses directly. The earlier build read each campus's s. 204(13°) exemption from the bulk roll on a disallowed host; without it the owner rests on the institution occupying its own campus, and no deed or filing was opened.
- Which legal person within the Quebec health network holds the two CHUS campuses. s. 204(14°a) covers both Santé Québec and any Schedule II establishment, and the per-campus exemption itself could not be re-read from an allowed host.
- Whether Sherbrooke publishes a free per-property roll lookup. Its taxes-and-assessment page opened but contained no link to one.
- Owner names are redacted from the provincial bulk roll and the licence forbids re-identifying them, so no lawful bulk owner join exists in Quebec.
- Every per-unit value the earlier build took from RL43027_2026.xml, which is hosted only on donneesouvertes.affmunqc.net (robots.txt "User-agent: * Disallow: /"). MAMH's own quarterly index has no Sherbrooke file (RM43027.xml is 404), so these were dropped rather than re-sourced: the 330 route Windsor plant ($118.2M, built 2020, marquee entry removed), 1800-1920 rue King Ouest ($72.4M, commercial row removed), 1580 rue Ida-Métivier ($59.4M research facility) and 195 rue Marquette ($58.9M, religious exemption), plus completions by year and the campus land values per m².
§
Sources
- Quebec property assessment roll (Rôle d'évaluation foncière du Québec) — the 1,140 municipal XML files, owner names and mailing addresses redacted — Ministère des Affaires municipales et de l'Habitation (MAMH) / Données Québec · openA
- Quebec property assessment roll — English dataset record stating the redaction and the re-identification ban — Government and Municipalities of Québec via Open Government Portal · openA
- Sommaire du rôle d'évaluation foncière, exercice 2026 — MAMH's per-municipality workbook (200001 units, 200011-200019 land/building/total, taxable and non-taxable value, 600004-600099 non-taxable value by art. 204 paragraph); Sherbrooke row 43027, deposited 2024-10-10, facteur comparatif 1.08 — MAMH — Données statistiques sur l'évaluation foncière · openA
- Répertoire des renseignements prescrits du rôle d'évaluation foncière, version 2.5 — the field dictionary for RL0101 to RL0507 — MAMH via Données Québec · openA
- Sommaire — Tarification des produits et services du registre foncier et du cadastre, in force 1 April 2026 ("Documents … Par document 1,50 $", updated 25 March 2026) — Ministère des Ressources naturelles et des Forêts (MRNF) · openA
- Loi sur la fiscalité municipale (chapitre F-2.1), art. 204 — the exemption paragraphs the roll cites in RL0504 (1° l'État or Société québécoise des infrastructures; 1.1° the Crown in right of Canada; 3° a local municipality; 5° a mandatary of a municipality, MRC or Communauté; 10° a body recognised under s. 243.3; 13° a school service centre, CEGEP or university-level establishment; 14°a Santé Québec or a health-network establishment) — Légis Québec / Gouvernement du Québec · openA
- Unités d'évaluation foncière — used only as the published CUBF code→label dictionary (CODE_UTILISATION / LIBELLE_UTILISATION) — Ville de Montréal (Données Montréal) · openA
- Terms of use and privacy policy — Centris (Quebec Professional Association of Real Estate Brokers) · openA
- La vente du Carrefour de l'Estrie s'invite dans le top 5 — "son entreprise a versé 236 millions de dollars au printemps dernier afin de se porter acquéreur du Carrefour de l'Estrie" — Les Affaires (Claudine Hébert, mid-November 2019 edition) · openA
- À propos de MACH — "40 M de pi² répartis sur plus de 240 propriétés … 15 centres commerciaux" — Groupe MACH · openA
- Le projet Espace Centro de Sherbrooke: bâtir sur du neuf — Les Affaires (Charles Poulin, April 2025 edition) · openA
- Services Immobiliers First — Promoteur immobilier en Estrie — Services Immobiliers First · openA
- Carrefour de l'Estrie — property page (3050 boulevard de Portland, ~1.2M sq ft, ~200 shops, 7.3M visits) — Services Immobiliers Asgaard (Groupe MACH management affiliate) · openA
- Le Carrefour de l'Estrie vendu — Vincent Chiara confirms the purchase from Ivanhoé Cambridge — La Tribune (Mélanie Noël) · openA
- À propos — Carrefour de l'Estrie's own history: built from August 1972 by Marcel Adams of Développements Iberville, opened 10 October 1973 — Carrefour de l'Estrie · openA
- Charte des codes du Sommaire du rôle d'évaluation foncière 2026 — names each code (e.g. 600016-600018 "SQI (santé) et réseau de la santé … par. 14°a", 600022-600024 "Cégeps et universités … par. 13°") — MAMH · openA
- Index de la mise à jour trimestrielle des rôles d'évaluation foncière — 1,036 municipal files, none with geographic code 43xxx (no Sherbrooke file) — MAMH · openA