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12 bedrooms
6 bathrooms
Lot dimensions 5 280 ft² (490.53 m²)

Owners’ comments

Location, location, location! 6 * 41/2 plex for sale

The property is located right off the Allumettières Boulevard providing tenants with quick bus service and immediate access to Ottawa. The apartments are very well lit, with large new windows. The building is close to all services on St-Joseph street: grocery stores, schools, universities, pharmacies, restaurants, parks, library, bike paths. This makes the apartments very easy to rent. 

The units are all rented unheated, non-lighted, non-smoking, no pets, with one year leases, to good, stable, quiet, good paying, easy going tenants. One unit is vacant, for owner-occupant or ready to rent. Owner has storage space.

Unit Features:

All apartments are 4 ½. They all have independent entrances in addition to the main entrance. Each apartment has 4 or 5 appliances included in the building sale. There are two driveways, one on each side of the building. 

The apartments have each :

  • A parking lot
  • A small shed
  • Electricity at the tenants' expense (breaker panels)
  • Generous windows (PVC).
  • Bathroom with bath/shower.
  • 2 bedrooms / living room / large kitchens
  • Rear balcony (apartments 3-4-5-6)

Rents: Possibility to optimize the rents which are under the market price.

  • Apt 1 basement: 780$ / month
  • Apt 2 basement: 780$ / month
  • Apt 3 ground floor: 870$ / month
  • Apt 4 ground floor: 820$ / month
  • Apt 5 floor: 840$ / month
  • Apt 6 floor: 900$ / month
  • Total : 59 800$ / year

Le coût total des dépenses

  • School taxes: 596,60$
  • Municipal taxes : 8876,23$
  • Insurances: 2,804.57$
  • Hydro: 619,72$
  • Snow removal: 500$
  • Total: 14307,27$

Recent improvements made :

  • New windows throughout
  • New heating system, new electric baseboards throughout
  • Many various renovations in the apartments 
  • New hot water tanks

Seller's declaration on request

Visits by appointment only with proof of pre-authorization. 

Possibility of mortgage transfer to Desjardins Gatineau.

The sale is made without legal warranty at the risk and peril of the buyer. All inclusions are given without legal warranty of operation.

BROKERS ABSTAIN

Complete Description
Complete Description

Property features

Asking Price
$1,000,000
Details
With equipment
Certificate of Location
Yes
Number of parkings
7
Lot's municipal evaluation
$165,400
Building's municipal evaluation
$582,100
Taxes year
2021
2 Bedroom
6
Bedrooms (total)
12

Windows:

  • Aluminium

Heating source:

  • Electric

Parking / Driveway:

  • Crushed Gravel

Location:

  • Highway access
  • Near park
  • Public transportation

Lot description:

  • Flat geography

Near Commerce:

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

Near Health Services:

  • Hospital
  • Dentist
  • Medical center

Near Educational Services:

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

Near Recreational Service:

  • Gym
  • Sportif center
  • Library
  • Museum
  • Casino

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Suite
Storey: Main floor
Dimensions: 12' x 12' (3,66 m x 3,66 m)
Flooring: Hardwood

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
Municipal taxes
$676.67
$8,120.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Annual income
$5,000.00
$60,000.00

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.

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.

$1,000,000

6 units or more for sale

58 rue de Montigny

Gatineau (Hull) Outaouais

No. 1015387

With equipment
Contact the owner
Contact the owner
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