$999,800

Triplex for sale - Gatineau (Gatineau) (Técumseh)

$999,800

Loading property...

$999,800

Triplex for sale - Gatineau (Gatineau) (Técumseh)

$999,800

Next Open House

523 Rue de Bristol, Gatineau (Gatineau) (Técumseh), J8T 8K4

EXCEPTIONAL INVESTMENT OPPORTUNITY WITH OVER $76,000 IN ANNUAL INCOME! This magnificent triplex in the heart of Gatineau, located in a sought-after, fast-growing sector, represents an ideal opportunity for investors and future owner-occupiers. Take advantage of a turnkey investment with excellent yield potential and stable passive income. Built in 2006, this well-maintained building features 3 spacious 3-bdrm units, over 1,200 sq.ft. of living space per unit, wood and ceramic floors for a touch of style and durability, and is situated on a large 6,630 sq.ft. lot.

  • Lot area: 6,631 SF
  • NUMBER OF ROOMS : 0
  • Year built : 2006
DANNY KINGSBERRY
Residential Real Estate Broker
Brokers tranquilit
JIMMY ARSENEAULT
Residential and Commercial Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

29'7" X 40' Irregular

2006

2,444.56 SF

PVC

Casement

Poured concrete

Brick , Vinyl

Asphalt shingles

Ceramic , Laminate floor

Wood

Addenda
Particularities plusParticularities minus

Triplex Features:

- Year Built: 2006 -- Well-maintained building with quality finishes.
- Units: Three spacious units, each with three bedrooms.
- Area: Over 1,200 sq. ft. per unit.
- Flooring: Floating floors, wood, and ceramic for style and durability.
- Lot: Large lot of over 6,630 sq. ft.

Stable Income Source & Potential for Rent Optimization in Unit 2

- This triplex generates an annual income of over $76,000, offering an excellent opportunity for passive income and property equity growth.
- All units are rented unheated and unlit (except for Unit 3 heated and lit), providing flexibility for future adjustments.

Current Rent Details:

Unit 1
$662/month: Rent paid by tenant.
$1,700/month: Rent supplement paid by the Outaouais Municipal Housing Office.
Monthly Total: $2,362

Unit 2
$1,500/month: Rent paid by tenant.

Unit 3
$621/month: Rent paid by tenant.
$1,875/month: Rent supplement paid by the Outaouais Municipal Housing Office.
Monthly Total: $2,496

Strategic Location:

- Located about 10 minutes from Ottawa, in a desirable area with ideal proximity to essential services: public transportation, schools, shops, and parks.
- High rental demand ensures excellent occupancy rates and long-term income stability.

Become an Owner While Generating Profits!

- Whether you're an owner-occupant looking to live in one unit while generating income, or an investor seeking a reliable income property, this triplex meets financial goals and generates revenue from year one.
- By owning this triplex, you benefit from a tangible asset with continuous appreciation and positive cash flow. This is an ideal opportunity to diversify your investments and secure a stable income.

Annual Maintenance Costs:

- Snow removal: approx. $600
- Lawn maintenance: approx. $450
- Home insurance: approx. $200/month ($2,400 per year)
- Electricity for Unit 3 (heated and lit): approx. $120/month ($1,440 per year)

Building details and property interior
Particularities plusParticularities minus

29'7" X 40' Irregular

2006

2,444.56 SF

PVC

Casement

Poured concrete

Brick , Vinyl

Asphalt shingles

Ceramic , Laminate floor

Wood

Lot and exterior features
Particularities plusParticularities minus

52'6" X 126'4"

6,630.57 SF

Landscaped

Flat

View of the city

Double width or more , Unpaved

Driveway : 6

Highway , CEGEP , Daycare centre , Golf , Hospital , Park , Bicycle path , Elementary school , High school , Cross-country skiing , Public transportation

Residential

Characteristics
Particularities plusParticularities minus

Electric baseboard units

Electricity

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

3 water heaters

All tenants' appliances, personal property and furnishings.

Financial details
Particularities plusParticularities minus
Assessment (2024)
Taxes
  • (2024)
  • (2024)
Gross yearly revenu (potential)
Annual Expenses
Energy
523 Rue de Bristol, Gatineau (Gatineau) (Técumseh), J8T 8K4
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 26.4%
  • 24.3%
  • 10.2%
  • 19.7%
  • 19.4%
  • 24.6%
  • 21.1%
  • 5.3%
  • 49.0%
  • 0.0%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
Powered by LocalLogic
+Show more stats -Hide stats
DANNY KINGSBERRY
Residential Real Estate Broker
Brokers tranquilit
JIMMY ARSENEAULT
Residential and Commercial Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2024)
Taxes
  • (2024)
  • (2024)
Gross yearly revenu (potential)
Annual Expenses
Energy
×

My name is DANNY KINGSBERRY, RE/MAX real estate broker. How may I help you?

Do you have a question?