Gatineau (Hull)
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
Located near
Bicycle path, CEGEP, Daycare centre, Elementary school, Golf, High school, Highway, Hospital, Park, Public transportation
Taxes and expenses
| Municipal | $4,723 |
| School | $745 |
Building and interior of the property
| 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 |
Addendum
| + 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. |





































