3 bedrooms
1 bathroom
1 level
Living space area (basement exclu.) 1 205 ft² (111.95 m²)
Lot dimensions 6 835 ft² (634.99 m²)

Owners’ comments

Automated translation

Great investment opportunity with good return potential.

Located in the Templeton sector, this well-maintained intergenerational offers two spacious and bright homes. An excellent opportunity for an investor or a future owner, looking for a profitable building.

Property Details:

Both units are currently rented and are heated/lighted.

  • Main unit (ground floor): 3 bedrooms (5 ½) rent $1,900.
  • Secondary housing (basement): 2 bedrooms (4 ½) rent $1,100.
  • Annual gross revenue of $36,000, with the possibility of increase.
  • The main dwelling can be free for the owner occupying as early as on 1 March 2026, at his request.
  • The lease for the basement unit ends on June 30, 2026.
  • Several works carried out over the years.
  • Excellent valuation potential: a simple refresh could significantly improve future income.
  • Pleasant neighborhood and proximity to amenities.


Profitable intergenerational with good tenants.
Good potential for optimization and valorization.
Convenient location, close to services.
Possibility of occupancy by the owner at short term.

A great opportunity to seize for a buyer wishing to combine rental stability and growth potential.

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Complete Description
Complete Description

Property features

Property Style
Open area
Price Detail
With Income
Asking Price
$449,000
Building dimensions
45.93x26.25 ft (14.00x8.00 m)
Municipal Assessment
$375,200
Year of construction
1974
Number of exterior parking
5
Annual income
$36,000.00

External facing:

  • Vinyl Siding

Heating source:

  • Electric
  • Heat-pump

Kitchen:

  • Thermoplastic cabinets
  • Dishwasher
  • Fridge

Equipment/Services Included:

  • Ceiling fixtures
  • Window coverings
  • Blinds
  • Ventilator

Basement:

  • Totally finished
  • Separate entrance
  • Potential income

Location:

  • Near park
  • Residential area

Lot description:

  • Hedged
  • Fenced
  • Corner lot

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment 1
Storey: Main floor
Dimensions: 26' x 45' (7,92 m x 13,72 m)
Flooring: Laminate
Apartment 2
Storey: Basement
Dimensions: 26' x 33' (7,92 m x 10,06 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Property taxes
$252.29
$3,027.44
School taxes
$21.07
$252.89
Electricity
$172.45
$2,069.40
Insurance
$121.35
$1,456.24
Lease fees
$58.63
$703.56

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$3,000.00
$36,000.00

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.

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.

Download the legal documents that you need

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$449,000

Intergenerational home for sale

983 rue Notre-Dame Gatineau (Gatineau) Outaouais

No. 1119781

With Income
Are you interested in this property?
Here’s how to contact the owner
Send a message

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.
Are you interested in this property?
Here’s how to contact the owner
Send a message

Are you a real estate agent?

This person mentioned they are registered with the National Do Not Call List (DNCL).
NB: The owner requests that you not solicit them for the purpose of getting a listing agreement to sell their property. Thank you for respecting their choice to sell without an agent.