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8 bedrooms
4 bathrooms
Lot dimensions 5,951 ft² (552.87 m²)

Owners’ comments

*********firm offer accepted**********

This 4plex generates a potential annual income of $62,400.

$5200/month.

Its purpose legally built, 4 apartments:

  • 2 x 1 bedroom.
  • 2 x 3 bedrooms.

apartment #1

  • is a one-bedroom apartment rented for $1100/month +hydro.

 

apartment #2

  • is a one-bedroom apartment rented for $1100/month + hydro.

 

apartment #3

  • is a three (3) bedrooms apartment rented for $1500/month + Hydro.

 

apartment #4

  • three (3) bedrooms apartment: $1500/month + Hydro.

 

Ideal for homeowners and investors 10 minutes from downtown Ottawa! 3 minutes from the casino.

 

leases available upon requests.

 

Superb Quadruplex is well located!

 

This investment gets you positive cash flow from the first month after all the bills and your mortgage payment. 

It generates:

Annual income $62,400

  • Apartment 1 and apartment 2 which is a one-bedroom apartment each is located at the lower level equally half and half.
  • Apartment 3 is the whole first floor the (whole level) two balconies at the front as shown of the front of the building one balcony in the living room and the other one at the master bedroom.
  • Apartment 4 is on the second floor and also it is the (whole floor) exactly like apartment 3.
  • all apartments are rented with respectful great tenants with leases.

Recent renovations

  • 1- full renovation apartment 1: floors, full washroom reno, lightning and painting.
    2- full renovation apartment 2: full washroom reno lightning kitchen and painting.
    3- full renovation apartment 3: full washroom lightnings kitchen painting.
    4-apartment 4: painting lightning and washroom.
    5- new boiler heating system new pipes and tanks 2020 with 10 years warrenty for everything covered.
    6-fire alarms system, carbon. 


    furniture apartment 1 and 2 could be  included with the purchase price for extra 5000$ 
    1- 2X WASHER 
    2- 2X DRYIER 
    3- 2X SMART TV
    4- 4X COUCHE ( LEATHER SOFAS ) 
    5- 2X COFFE TABLE 
    6- 6X WALL HANGING PICTURES
    7- 4X LIGHTFIXES 
    8- 2X QUEEN BED
    9- 2X QUEEN MATTRESSE 
    10- 4X TV UNIT STAND 
    11- 2X FRIDGE
    12- 4X NIGHT BED STAND 
    AND WAY MORE AS EXACTLY SHOWING AT THE PICTURES APARTMENT 1 & 2 

  • INCLUDED 2X HOT WATER TANKS 
  •  

    NOT INCLUDED 

  • NEW HEATING SYSTEM BOILER
    180/MONTH 4 YEARS REMANING MUST BE CARRY OUT TO THE NEW BUYER.

 

This quadruplex is located close to all amenities;

  • restaurants, shops, elementary and high schools and quick access to public transportation!

 

 

  • COVID-19 - showing by appointment. 
  • Price not negotiable.

 

For more information, contact us!

Complete Description
Complete Description

Property features

Asking Price
$730,000
Style
Detached
Details
With income
Year of construction
1970
Building dimensions
4,030 ft² (374.4 m²)
General condition
Excellent
Certificate of Location
No
Number of parkings
8
1 Bedroom
2
3 Bedroom
2
Bedrooms (total)
8

External facing:

  • Concrete
  • Brick

Roof:

  • Asphalt shingle

Floor coverings:

  • Laminate
  • Hardwood
  • Ceramic

Windows:

  • Aluminium

Heating source:

  • Hot water
  • Electric

Electric system:

  • 200 amps

Features:

  • Ceiling fixtures
  • Alarm system

Kitchen:

  • Wooden cabinets
  • Dishwasher
  • Stove
  • Fridge

Bathroom:

  • Bath and shower
  • Two sinks

Basement:

  • Potential income

Upgrades:

  • Heating
  • Kitchen
  • Electrical
  • Windows
  • Floors
  • Bathrooms
  • Basement
  • Roof
  • Painting

Parking / Driveway:

  • Asphalt

Location:

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

Lot description:

  • Mature trees
  • Corner lot
  • Patio/deck

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
  • University

Near Recreational Service:

  • Gym
  • Library
  • Casino

Complete list of property features

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.

$730,000

Quadruplex for sale

37 rue Lucien-Brault

Gatineau (Hull) Outaouais

No. 963930

With income
Contact the owner
Contact the owner
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