$499,900
176 Rue Leduc
Gatineau (Hull)
Gatineau (Hull)
Type
Triplex
Bedrooms
1
Living area
172.8 Square Meters
Bathrooms
1
MLS® 11959090
Property description
WOW, UNBEATABLE and PROFITABLE! 9 times the potential gross income in the heart of downtown Hull! 3 units at $499,900 for an estimated potential income of $54,000/yr. Fully renovated units: floating floors, new kitchens and bathrooms. One unit spread over 2 floors. Two units vacant: you set market rents. Appliances included. Walk to UQO, parks, schools, daycares, bike path, shops, Highway 50, and minutes from Ottawa. Ideal for an owner-occupant or for renting to students and young professionals. A rare opportunity, invest in your future! Contact Jonathan for more details.
Sold without legal warranty, at the risk and peril of the buyerOpen houses
Sunday 4 October from 14:00 to 16:00Details
Located near
Alpine skiing, ATV trail, Bicycle path, CEGEP, Commuter train, Cross-country skiing, Daycare centre, Elementary school, Golf, High school, Highway, Hospital, Metro, Park, Public transportation, Snowmobile trail, University
Taxes and expenses
| Municipal | $3,880 |
| School | $303 |
Building and interior of the property
| Bedrooms | 1 |
| Bathrooms | 1 |
| Number of rooms | 3 |
| Living area | 172.8 Square Meters |
| Items included in the sale | Furnace, water heater, appliances: Unit A: refrigerator, built-in microwave oven, cooktop, dishwasher, all-in-one washer-dryer combo. Unit B: refrigerator, built-in microwave oven, cooktop, dishwasher, all-in-one washer-dryer combo. Unit C: built-in microwave oven, cooktop, dishwasher, stacked washer and dryer. |
| Items excluded in the sale | All items in the basement. All items in the garage. Personal belongings of the tenants and of the owner. |
| Land area | 298 square metre |
| Year built | 1895 |
| Municipal assessment (land) | $238,400 |
| Municipal assessment (building) | $171,100 |
| Municipal assessment (total) | $409,500 |
| Assessment year | 2026 |
| Number of stories | 2 |
| Potential gross revenue | $54,000 |
| Available services | Natural Gas Connected, Sewer Connected, Water Connected |
| Basement | Crawl space, Low (less than 6 feet) |
| Cupboard | Melamine, Thermoplastic |
| Distinctive features | Detached |
| Driveway | Asphalt |
| Foundation | Poured concrete |
| Garage | Detached |
| Heating energy | Natural gas |
| Heating system | Forced air |
| Landscaping | Fenced |
| Parking | Detached, Driveway, Garage |
| Roofing | Asphalt shingles |
| Sewage system | Municipality |
| Siding | Aggregate, Brick, Vinyl |
| Topography | Flat |
| Water supply | Municipality |
| Windows | PVC |
Addendum
| UNBEATABLE AND PROFITABLE: 9X INCOME IN DOWNTOWN HULL At 176 Leduc Street, on Hull Island, a 3-unit building with an assessed value listed at $499,900, offering an estimated potential gross income of $54,000 per year. A gross income multiple of approximately 9 times, right in the heart of downtown. FULLY RENOVATED APARTMENTS Laminate flooring, remodeled kitchens and bathrooms, natural gas heating with a central furnace. Appliances included in all three units: refrigerator, built-in microwave oven, stovetop, dishwasher, and washer/dryer. THE THREE UNITS Apartment A, at the front: 1 bedroom spread over 2 floors, vacant. Apartment B, on the 2nd floor: 2 bedrooms, vacant. Apartment C, on the 2nd floor: 2 bedrooms, rented for $1,650 per month. THE REAL OPPORTUNITY: TWO VACANT UNITS No below-market rent caps. The buyer can rent out the two vacant units at market rate upon taking possession, or live in one as an owner-occupant. Current income from the single rented apartment at $1,650 per month for a two-bedroom unit occupied by two students (annual lease; lease expires August 31, 2027): $19,800 per year. Estimated potential income for all 3 apartments: $54,000 per year, based on market rents for comparable units. PRIME LOCATION Within walking distance of the Université du Québec en Outaouais (UQO), parks, schools, daycare centers, shops, and the bike path. Quick access to Highway 50 and just a few minutes from Ottawa. A strong and steady tenant base: students, young professionals, and couples. MORE INFO: Deed of sale within 30 days; occupancy subject to existing leases. 298 m² lot; original building dating from 1895 with a rear section built in 1970. |
