8 bedrooms
4 bathrooms
Lot dimensions 10 043.80 ft² (933.1 m²)

Owners’ comments

Quadruplex with 2 X 5½ et 2 X 3½ for sale with its attached twin (1228 Maloney Est).

Nice property well located on Maloney Blvd. The apartments are bright (lots of light) and always rented.

Rented without heat and electricity, non-smoking (except 1) and no pet and all are rented with a 12 month rental agreement. Good tenants who pay well, stable, quiet, respectful. 

Characteristics of the dwellings:

Each dwelling has its own entrance and includes a water heater, an air-exchanger and a wall unit for A/C and heat, a parking space and a storage shed (4' X 8').

No common space. Less maintenance by owner.

Balcony for the apartments 2 et 3.

 

Recent upgrades include:

Water heaters (2017)

New roof in (2021)

New window glasses/thermos (2023)

New air exchangers (all of them 2016-2024)

Half of the A/C units (2018, 2020, 2021)

Many renos throughout the apartments

All inclusions are sold with no guaranty regarding their functionning conditions.

Actual revenu exceeds $100,000.00 per year for both quadruplex.

Vendor declaration on request

VISIT UPON ACCEPTED OFFER AND PROOF OF PRE-AUTHORIZED FINANCING.

NO AGENT PLEASE.

Complete Description
Complete Description

Property features

Asking Price
$934,900
Details
No agents
Year of construction
2007
Building dimensions
1 268.53 ft² (117.85 m²)
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
South
Number of parkings
6
Municipal evaluation's date
2020
Lot's municipal evaluation
$116,200
Building's municipal evaluation
$323,400
Taxes year
2023
1 Bedroom
2
3 Bedroom
2
Bedrooms (total)
8

External facing:

  • Brick
  • Vinyl Siding

Foundation:

  • Cast concrete

Roof:

  • Asphalt shingle

Floor coverings:

  • Laminate
  • Ceramic

Windows:

  • PVC

Heating source:

  • Electric

Features:

  • Shed
  • Central air
  • Air exchanger

Parking / Driveway:

  • Asphalt

Lot description:

  • Flat geography

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment 1
Storey: Main floor
Dimensions: 30' 2" x 21' (9,19 m x 6,4 m)
Flooring: Laminate
Suite
Storey: Main floor
Dimensions: 30' 2" x 21' (9,19 m x 6,4 m)
Flooring: Laminate
Apartment 2
Storey: 1st floor
Dimensions: 30' 2" x 42' (9,19 m x 12,8 m)
Flooring: Laminate
Apartment 3
Storey: 2nd floor
Dimensions: 30' 2" x 42' (9,19 m x 12,8 m)
Flooring: Laminate

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$36.13
$433.56
Municipal taxes
$537.08
$6,444.96

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$3,840.00
$46,080.00

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.

$934,900

Quadruplex for sale

1216, boulevard Maloney Est

Gatineau (Gatineau) Outaouais

No. 1045795

No agents
Contact the owner
Contact the owner