16 bedrooms
8 bathrooms
Lot dimensions 17 658 ft² (1 640.48 m²)

Owners’ comments

ATTENTION AGENTS AND/OR BROKERS, REFRAIN FROM CONTACTING US. NO VISITS WITHOUT AGREED UPON OR ACCEPTED OFFER AND PROOF OF PRE-AUTHORIZED FINANCING. COLLABORATING AGENTS ARE HOWEVER ACCEPTED.

Superb Multiplex of 8 brick units on 4 sides (refer to photos). 4 x 3 bedrooms. 4 X 1 bedroom. and 1 detached 32' X 30 garage. 2 parking spaces per accommodation and each 1 outdoor storage space.

Located on a U shaped street with reduced and restricted traffic. Very safe environment.

Very well located. Daycare on same street, within walking distance to a primary school, a highschool and bus stops.

Close to all services including grocery store, pharmacy and much more.

A few minutes from the highway and 10 minutes from Ottawa.

Each unit has its own entrance and includes individual water heater.

Each tenant pays for their heating/electricity bills and are all rented with leases.

15 parking units plus 2 in a detached garage. All apartments have their own electrical panels, as well as their own exterior electrical connections for their cars.

There are no interior common areas to be maintained by the owner.

8 units: 4 units of 3 bedrooms of approximately 1,000 square feet each, 3 units of 1 bedroom of approximately 500 square feet each and 1 unit of 1 bedroom of approximately 700 square feet.

High end material used for interior finish.

Very good tenants, some for several years.

RENOVATIONS:

The multiplex roof was replaced in 2020. 4 large front windows have been replaced with sash windows. All 8 entrance doors were also replaced. No water heater is older than 10 years old (on average, 1 water heater replacement per unit for every 15 months).

Very well maintained building and all repairs have been carried out gradually. Digital thermostat in all units.

Complete Description
Complete Description

Property features

Asking Price
$1,600,000
Details
No agents
Year of construction
1994
General condition
Excellent
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
North
Number of parkings
17
Municipal evaluation's date
2022
Lot's municipal evaluation
$500,800
Building's municipal evaluation
$637,200
Taxes year
2024
1 Bedroom
4
3 Bedroom
4
Bedrooms (total)
16

External facing:

  • Steel
  • Aluminium Siding
  • Brick

Foundation:

  • Cast concrete

Frame:

  • Wooden part on part

Roof:

  • Asphalt shingle

Floor coverings:

  • Laminate
  • Hardwood
  • Ceramic
  • Carpet

Windows:

  • Wood
  • French Window
  • PVC

Heating source:

  • Electric
  • Radiant

Electric system:

  • 100 amps

Features:

  • Shed

Kitchen:

  • Wooden cabinets
  • Melamine cabinets

Bathroom:

  • Bath and shower

Basement:

  • Totally finished
  • Concrete
  • Separate entrance

Upgrades:

  • Windows
  • External facing
  • Doors
  • Roof
  • Landscaping

Garage:

  • Detached
  • Double
  • Garage door opener

Parking / Driveway:

  • Asphalt
  • Double drive
  • Outside
  • Underground

Location:

  • Near park
  • Residential area
  • Public transportation

Lot description:

  • Flat geography
  • Mature trees
  • Interlock
  • Patio/deck
  • Landscaped

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center

Near Educational Services:

  • Daycare
  • Elementary school
  • High School

Near Recreational Service:

  • Sportif center
  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$66.62
$799.50
Municipal taxes
$906.54
$10,878.50
Insurance
$325.00
$3,900.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$7,050.00
$84,600.00

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.

$1,600,000

6 units or more for sale

272-276 rue de Malartic

Gatineau (Gatineau) Outaouais

No. 1072805

No agents
Contact the owner Select the desired contact option among those that have been activated:
Send a message

Are you a real estate agent?

This person is registered on 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.

Contact the owner Select the desired contact option among those that have been activated:
Send a message

Are you a real estate agent?

This person is registered on 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.