4 bedrooms
4 bathrooms
Lot dimensions 2 871.81 ft² (266.8 m²)

Owners’ comments

Visits on Sundays between 6:00 p.m. and 8:00 p.m. upon confirmation of appointment. 
Exceptions for visits are possible but difficult because I have 4 people to disturb. 
Please provide proof of pre-approvement for financing otherwise
 I can refuse the visit. 

Thank you for your cooperation. 

Gatineau Hull Lac des fées - 4 apartment homes with very good incomes...and still a lot of potential

and well-maintained for over 15 years by the same owner, 
all rented with leases, unheated, unlit, with a washer-dryer in each home, 
plenty of parking and close to everything. 

I have 4 tenants who were carefully chosen and I have a good relationship with each of them. 

Excellent income of 46,260 this year...


The cause of the sale is retirement.

- 1 bachelor (stove and fridge included in the sale)    $705.00 per month


- 2: (3 1/2 1 bedroom) (stove and fridge included in the sale) $925.00 and $975.00 per month


- Main house: 5 1/2 (2 bedrooms, large, 24 feet long balcony in front of the house, parking for 3 cars) $1,250 per month (It's renting at this price to a very good tenant who is always ready to help....)


- 4 electric water heaters included 

*** Important for the buyer ***

Sale without any legal guarantee at the buyer's risk because the house is 85 years old, 
I have maintained it for more than 15 years and I am selling it to you to the best of my knowledge of the condition of the building.

 ***** Also be advised that...

The building was inspected by a buyer in 2023 
(I have not seen or received the Real Estate Agent's copy of the inspection or the evaluation before the bank refusal).
I almost sold but the refusal of the deposit from a foreign country at the last stage of the sale last year after 2 months of procedures canceled the sale....... 
and I took it off the market due to illness in November 2023)

NO SOLICITATION FROM REAL ESTATE AGENTS 
your numbers and emails will be blocked.  LNNTE

Complete Description
Complete Description

Property features

Asking Price
$589,000
Style
Canadian
Details
With income
Year of construction
1940
Building dimensions
1 850 ft² (171.87 m²)
General condition
Standard
Occupation rate
100
Certificate of Location
Yes
Courtyard orientation
East
Number of parkings
5
Municipal evaluation's date
2024
Lot's municipal evaluation
$159,000
Building's municipal evaluation
$296,200
Taxes year
2024
Bachelor
1
1 Bedroom
2
3 Bedroom
3

External facing:

  • Vinyl Siding
  • Stucco

Foundation:

  • Cast concrete

Frame:

  • Wooden part on part

Roof:

  • Asphalt shingle
  • Elastomer membrane

Floor coverings:

  • Laminate
  • Linoleum

Windows:

  • PVC

Electric system:

  • 100 amps

Features:

  • Shed

Bathroom:

  • Ceramic Shower
  • Separate Shower

Basement:

  • Partially finished

Upgrades:

  • Cabinets
  • Kitchen
  • Electrical
  • Windows
  • External facing
  • Floors
  • Plumbing
  • Doors
  • Bathrooms
  • Basement
  • Roof
  • Painting
  • Shed
  • Landscaping

Parking / Driveway:

  • Asphalt
  • Double drive

Location:

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

Lot description:

  • Flat geography
  • Fenced
  • Corner lot

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:

  • Golf course
  • Gym
  • Sportif center
  • Library
  • Museum
  • Ski resort
  • Casino
  • Bicycle Path

Complete list of property features

Room dimensions

Storey
Room
Dimensions
Flooring
Apartment 1
Storey: Main floor
Dimensions: 11' x 30' (3,35 m x 9,14 m)
Flooring: Laminate
Balcony
Storey: Main floor
Dimensions: 24' x 5' (7,32 m x 1,52 m)
Flooring: Soft wood
Dining room
Storey: Main floor
Dimensions: 10' 6" x 12' (3,2 m x 3,66 m)
Flooring: Laminate
Kitchen
Storey: Main floor
Dimensions: 8' x 10' 6" (2,44 m x 3,2 m)
Flooring: Floating tile
Living room
Storey: Main floor
Dimensions: 9' 6" x 11' 8" (2,9 m x 3,56 m)
Flooring: Laminate
Apartment 2
Storey: 1st floor
Dimensions: 11' x 30' (3,35 m x 9,14 m)
Flooring: Laminate
Bedroom 1 (Primary)
Storey: 1st floor
Dimensions: 8' 4" x 11' 6" (2,54 m x 3,51 m)
Flooring: Hardwood
Bedroom 2
Storey: 1st floor
Dimensions: 11' x 16' (3,35 m x 4,88 m)
Flooring: Hardwood
Apartment 3
Storey: Basement
Dimensions: 20' x 12' (6,1 m x 3,66 m)
Flooring: Ceramic

Annual and Monthly costs

Summary of Expenditures
Monthly
Annual
School taxes
$23.65
$283.83
Municipal taxes
$358.09
$4,297.09
Maintenance fees
$250.00
$3,000.00
Insurance
$178.17
$2,138.00

Annual and Monthly revenues

Summary of Revenue
Monthly
Annual
Revenues
$3,855.00
$46,260.00

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.

$589,000

Quadruplex for sale

41 rue Fortier

Gatineau (Hull) Outaouais

No. 1076966

With income
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.