4 bedrooms
2 bathrooms
1 half bath
Lot dimensions 11 999.61 ft² (1 114.8 m²)

Owners’ comments

Automated translation

Triplex in Parc-de-la-Montagne | Ideal owner or investor

Great opportunity in the Parc-de-la-Montagne sector!

Triplex comprising three units with independent entrances, ideal for an owner wishing to benefit from rental income or for an investor looking for a building with excellent potential.

The main unit, currently occupied by the owner, offers generous living space spread over three levels. It includes 4 bedrooms, including 2 upstairs and 2 in the basement, as well as 2 bathrooms, one on each level. It is also air conditioned, has washer-dryer entrances and has 3 parking spaces

.

Outside, the main unit benefits from its own private courtyard, equipped with a terrace and a barbecue area, perfect for taking full advantage of the summer season with family or friends.

The other two accommodations are 3 ½ with independent entrances. They are both air conditioned and each has a washer-dryer entrance and a parking space

.

Both units are currently rented with leases in force:

  • Unit 2: $980/month
  • Unit 3: $1,190/month
  • Current rental income: $2,170/month, or $26,040/year (without the main unit)
  • The main unit also offers an estimated rental potential of around $2,100/month or more. Considering the possible rental of the three units, the building could thus offer potential gross income of approximately $51,240 per year or more with an increase in the rent in unit 2

    .

    With its 5 parking spaces, its three air-conditioned units, its independent entrances and its private courtyard for the main unit, this triplex is a great opportunity to become an owner-occupant while immediately benefiting from two rental incomes, or to acquire an income building with interesting potential.

    A multi-purpose property that combines space, privacy and rental income. A visit will allow you to appreciate all its potential!

    Complete Description
    Complete Description

    Property features

    Asking Price
    $747,000
    Style
    4 seasons
    Details
    With income
    Year of construction
    1954
    Building dimensions
    40.32x72.57 ft (12.29x22.12 m)
    Occupation rate
    100
    Certificate of Location
    Yes
    Courtyard orientation
    North
    Number of parkings
    5
    Lot's municipal evaluation
    $343,300
    Building's municipal evaluation
    $347,700
    Annual income
    $47,856.00
    1 Bedroom
    2
    2 Bedroom
    1
    4 Bedroom and more
    1

    External facing:

    • Fibre cement

    Foundation:

    • Cast concrete
    • Concrete block

    Roof:

    • Asphalt shingle

    Heating source:

    • Electric

    Features:

    • Laundry room
    • Shed
    • Central air
    • Ceiling fixtures
    • Stove
    • Blinds
    • Ventilator

    Kitchen:

    • Wooden cabinets

    Bathroom:

    • Whirlpool Bath Tub
    • Bath and shower

    Basement:

    • Partially finished
    • Low (6 feet or under)

    Upgrades:

    • Insulation
    • Doors
    • Basement
    • Painting

    Parking / Driveway:

    • Aggregate
    • Outside
    • Crushed Gravel

    Location:

    • Highway access
    • Near park
    • No backyard neighbors
    • Residential area
    • Public transportation

    Lot description:

    • Mature trees
    • Patio/deck
    • Landscaped

    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
    • ATV trails
    • Ski resort
    • Casino
    • Bicycle Path

    Municipal services:

    • Aqueduct

    Complete list of property features

    Room dimensions

    Storey
    Room
    Dimensions
    Flooring
    Apartment 1
    Storey: Main floor
    Dimensions: 39' 6" x 32' 10" (12,05 m x 10 m)
    Flooring: Hardwood
    Apartment kitchen
    Storey: Main floor
    Dimensions: 10' 2" x 13' 6" (3,11 m x 4,11 m)
    Flooring: Hardwood
    Apartment living room
    Storey: Main floor
    Dimensions: 9' 10" x 22' 12" (3 m x 7 m)
    Flooring: Hardwood
    Bedroom 1 (Primary)
    Storey: 1st floor
    Dimensions: 5' 11" x 5' 11" (1,8 m x 1,8 m)
    Flooring: Hardwood
    Apartment 2
    Storey: 1st floor
    Dimensions: 9' 11" x 10' (3,01 m x 3,06 m)
    Flooring: Hardwood
    Bathroom
    Storey: 1st floor
    Dimensions: 6' 9" x 13' 3" (2,05 m x 4,05 m)
    Flooring: Hardwood
    Bedroom 3
    Storey: Basement
    Dimensions: 13' 7" x 21' 4" (4,15 m x 6,50 m)
    Flooring: Laminate
    Bedroom 4
    Storey: Basement
    Dimensions: 13' 2" x 16' 5" (4,01 m x 5,01 m)
    Flooring: Laminate
    Bathroom
    Storey: Basement
    Dimensions: 6' 7" x 6' 9" (2,01 m x 2,05 m)
    Flooring: Laminate
    Basement living room
    Storey: Basement
    Dimensions: 10' x 16' 6" (3,05 m x 5,03 m)
    Flooring: Laminate

    Annual and Monthly costs

    Summary of Expenditures
    Monthly
    Annual
    School taxes
    $43.84
    $526.07
    Municipal taxes
    $489.37
    $5,872.40
    Electricity
    $189.00
    $2,268.00
    Maintenance fees
    $50.00
    $600.00
    Insurance
    $113.45
    $1,361.41

    Annual and Monthly revenues

    Summary of Revenue
    Monthly
    Annual
    Revenues
    $3,988.00
    $47,856.00

    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.

    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.

    Download the legal documents that you need

    Go to your DuProprio account and access free copies of the legal documents you need for a successful real estate transaction.

    See documents

    Don’t have an account yet? Register

    $747,000

    Triplex for sale

    97 rue des Oliviers Gatineau (Hull) Outaouais

    No. 1142257

    With income
    Are you interested in this property?
    Here’s how to contact the owner
    Send a message

    Are you a real estate agent?

    This person mentioned they are registered with 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.
    Are you interested in this property?
    Here’s how to contact the owner
    Send a message

    Are you a real estate agent?

    This person mentioned they are registered with 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.