2 bedrooms
1 bathroom
Lot dimensions 556 ft² (51.65 m²)

Owners’ comments

Exceptional investment opportunity! Quadruplex located in the center of Gatineau at the intersection of Verendrye and Montée Payment. Offers an income of over $55000 with potential for increasing in july to reach 59000$  Close to everything and 2 minutes away (government offices, sports center and arena, library, hospital, banks, etc.). This building offers 2 spacious 4 1/2 and 2 x 3 1/2. Its location makes it an ideal investment, especially with the revitalization of downtown Gatineau (Gatineau). Condo fees $265/month

Complete Description
Complete Description

Property features

Asking Price
$899,900
Style
Link
Details
With income
Year of construction
2011
Building dimensions
2 561.81 ft² (238 m²)
General condition
Very good
Occupation rate
100
Certificate of Location
Yes
Municipal evaluation's date
2011
Lot's municipal evaluation
$225,300
Building's municipal evaluation
$677,500
Taxes year
2023
1 Bedroom
2
2 Bedroom
2
Bedrooms (total)
6

External facing:

  • Brick
  • Vinyl Siding

Foundation:

  • Cast concrete

Roof:

  • Asphalt shingle

Floor coverings:

  • Laminate
  • Ceramic

Heating source:

  • Electric

Features:

  • Central air
  • Air exchanger

Kitchen:

  • Laminated cabinets
  • Island

Bathroom:

  • Bath and shower

Car shelter:

  • Detached

Parking / Driveway:

  • Asphalt
  • Outside

Location:

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

Lot description:

  • Flat geography

Near Commerce:

  • Supermarket
  • Drugstore
  • Bank
  • Restaurant
  • Shopping Center
  • Bar

Near Health Services:

  • Hospital
  • Dentist
  • Medical center
  • Health club / Spa

Near Educational Services:

  • Daycare
  • Kindergarten
  • Elementary school
  • High School
  • College

Near Recreational Service:

  • Golf course
  • Gym
  • Sportif center
  • Library
  • ATV trails
  • Bicycle Path

Complete list of property features

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$39.82
$477.84
Municipal taxes
$610.75
$7,329.02

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$4,560.00
$54,720.00

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.

$899,900

Quadruplex for sale

542, montée Paiement

Gatineau (Gatineau) Outaouais

No. 1067073

With income
Contact the owner

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

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.