6 bedrooms
4 bathrooms
Lot dimensions 6,184 ft² (574.51 m²)

Owners’ comments

Automated translation

Attention investors! Beautiful renovated quadruplex.

The building brings in $32,220 in rent per year. Rents can be increased in the near future.

Equipped with four electric meters and four water heaters, the building is heated with electricity. The housing units have been renovated over time. Each apartment has a separate entrance as well as a washer-dryer entrance. Electricity is paid by the tenants.

The location is ideal: 5 minutes from the highway, on a corner lot and in a cul-de-sac, the quadruplex is built on a very large lot with up to ten parking spaces. There are also two sheds.

Currently well rented to serious tenants who take care of the maintenance of the grounds (lawn, snow removal...). One of the tenants has lived there for 10 years, and another for 8 years.

Sale without legal guarantee.

Don't miss this unique opportunity!

Complete Description
Complete Description

Property features

Asking Price
$800,000
Details
With income
Year of construction
1900
Building dimensions
930 ft² (86.4 m²)
General condition
Standard
Certificate of Location
No
Number of parkings
10
Municipal evaluation's date
2016
Lot's municipal evaluation
$96,300
Building's municipal evaluation
$124,700
Taxes year
2019
Bachelor
1
1 Bedroom
1
2 Bedroom
2
Bedrooms (total)
6

Floor coverings:

  • Laminate
  • Ceramic

Heating source:

  • Electric

Features:

  • Shed

Kitchen:

  • Melamine cabinets

Bathroom:

  • Bath and shower

Basement:

  • Totally finished
  • Separate entrance

Upgrades:

  • Cabinets
  • Kitchen
  • Floors
  • Doors
  • Basement
  • Roof

Parking / Driveway:

  • Outside
  • Crushed Gravel

Location:

  • Highway access
  • Near park
  • Residential area
  • Public transportation

Lot description:

  • Flat geography
  • Fenced

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center

Near Educational Services:

  • Daycare
  • Elementary school

Near Recreational Service:

  • Golf course
  • Library

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Kitchen
Storey: Main floor
Dimensions: 22' x 18' (6,71 m x 5,49 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$25.26
$303.18
Municipal taxes
$269.83
$3,238.00
Insurance
$78.84
$946.12

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$2,345.00
$28,140.00

The steps involved in buying a property

Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.

1
Financing

One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.

2
Offer to purchase

The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.

Need the form?

Documents to download

3
Conditions of purchase

The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.

4
Property transfer

The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.

Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!

More details on these steps

See our All about buying section.

$800,000

Quadruplex for sale

10 rue Paris

Gatineau (Gatineau) Outaouais

No. 725361

With income
Contact the owner
Contact the owner