Triplex for sale

7 Rue Henri-Gauthier, Gatineau (Hull), Outaouais

$939,900
7 Rue Henri-Gauthier
Gatineau (Hull)
Type
Triplex
Bedrooms
2
Living area
170.6 Square Meters
Bathrooms
1
MLS® 13369729

Property description

DEVELOPMENT OPPORTUNITY! Ideally located less than 9 minutes from downtown Ottawa, this triplex currently offers 3 units, each with 2 bedrooms and 1 bathroom, as well as a detached garage. Potential gross revenue of $59,040/year. According to information obtained from the municipal planning department, a 4- to 5-storey multifamily project could be contemplated, subject to the required municipal approvals. The potential concept could allow for multiple residential units, subject to applicable studies, approvals and municipal parameters. Close to Casino du Lac Leamy, Lac Leamy Park, schools and numerous amenities!

Details

Bicycle path, CEGEP, Daycare centre, Elementary school, Golf, High school, Highway, Hospital, Park, Public transportation

Municipal $4,723
School $745
Bedrooms 2
Bathrooms 1
Number of rooms 4
Living area 170.6 Square Meters
Items included in the sale Fridge x3, stove x3, washers and dryers from basement and main floor.
Items excluded in the sale Hot water tank rented (x1).
Dimension of the front of the building 8.12
Dimension of the depth of building 10.84
Land area 607
Year built 1953
Municipal assessment (land) $218,500
Municipal assessment (building) $351,300
Municipal assessment (total) $569,800
Assessment year 2026
Potential gross revenue $59,040
Available services Electricity Connected, Sewer Connected, Water Connected
Basement 6 feet and more, Finished basement
Distinctive features Detached
Driveway Asphalt
Foundation Concrete blocks
Garage Detached, Single width
Heating energy Electricity
Heating system Electric baseboard units
Landscaping Landscaped
Parking Detached, Driveway, Garage
Roofing Asphalt shingles
Sewage system Municipality
Siding Vinyl
Topography Flat
Water supply Municipality
Window type Guillotine, Sliding
Windows PVC
+ Property currently operated as a triplex + 3 units, each offering 2 bedrooms and 1 bathroom + Potential gross rental revenue: $59,040/year + Unit A: currently rented at $1,620/month + Unit C: currently rented at $1,700/month + Unit B: vacant as of this month, with rental potential of $1,600/month + Detached garage + Potential for a 4- to 5-storey multifamily development, subject to required municipal approvals + Potential concept of multiple residential units, depending on the proposed project and subject to municipal approval + Municipal planning response indicates that a 4- to 5-storey project could be contemplated subject to a PPCMOI + Any future development remains subject to all applicable studies, authorizations, approvals and municipal requirements + Located less than 9 minutes from downtown Ottawa + Close to Casino du Lac-Leamy + Close to Lac-Leamy Park Near elementary and high schools + Close to numerous services, shops and amenities IMPORTANT: Development potential is provided for information purposes only and does not constitute authorization to construct. Buyers are advised to conduct their own due diligence with the appropriate municipal authorities regarding the feasibility, density, number of units, permitted height and all required approvals for any proposed development.

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