Income Property -- An Opportunity Not to Be Missed

Discover this triplex located at 327 rue de la Madeleine in Gatineau, offering an excellent combination of rental income, optimization potential, and flexibility for either an investor or an owner-occupant. The middle unit is currently vacant, allowing for quick occupancy or the opportunity to optimize rental income according to current market conditions.

Highlights

* Triplex with 3 spacious units
* Two 3-bedroom units
* One 2-bedroom basement unit
* Middle unit currently vacant
* Excellent rental income optimization potential
* Large garage
* Two spacious front balconies
* Convenient location close to all services
* Grocery store and shops within walking distance

Financial Performance -- Investor Scenario

* GRM: 14.42
* Down payment: 20%
* Amortization: 25 years
* Interest rate used for calculation: 4%
* Positive cash flow*
* Estimated ROI of approximately 24% per year*

Owner-Occupant / First-Time Buyer Scenario

* Down payment used for calculation: 10%
* Amortization: 30 years
* Interest rate used for calculation: 4%
* Positive cash flow*
* Estimated ROI of approximately 52% per year*

This property represents an attractive opportunity for an investor looking to add an income-producing property with strong return potential to their portfolio, as well as for an owner-occupant looking to significantly reduce their housing costs through rental income from the other units. The current vacancy of the middle unit also provides valuable flexibility for the next owner.

* Cash flow and return calculations are provided for information purposes only and are based on certain financing assumptions, including the interest rate, down payment, and amortization period indicated above. Financing with a 10% down payment is subject to lender and mortgage insurer eligibility requirements. Buyers are encouraged to complete their own financial analysis based on their individual situation.