$850,000
61 Rue Garneau
Gatineau (Hull)
Gatineau (Hull)
Type
Triplex
Bedrooms
3
Living area
N/A
Bathrooms
1
MLS® 16338792
Property description
Welcome to 61 Garneau Street in the Hull sector! Located in the heart of downtown Gatineau, just minutes from Ottawa, this property presents an exceptional opportunity for investors. The building currently generates a gross annual income of $58,800. In addition, the adjacent lot has already undergone subdivision planning with a land surveyor and may allow for the construction of a 4-unit building, subject to City of Gatineau approval. A rare opportunity combining immediate income with outstanding development potential. Don't miss your chance!
Details
Taxes and expenses
| Municipal | $4,465 |
| School | $365 |
Building and interior of the property
| Bedrooms | 3 |
| Bathrooms | 1 |
| Number of rooms | 6 |
| Items included in the sale | Unit A - Fridge, stove, dishwasher, washing machine, dryer, no furniture. Unit B - Fridge, stove, washing machine (portable), 2 beds with frames, dresser, 2 desks, chairs, kitchen table, couch, TV. Unit C - Fridge, stove, washing machine with dryer built in, TV, 3 beds with frames, 2 removable closets, 3 desks and chairs, kitchen chairs. |
| Dimension of the front of the building | 5.16 |
| Land area | 528.6 |
| Dimension of the front of the land | 20.42 |
| Dimension of the depth of the land | 29.26 |
| Year built | 1890 |
| Municipal assessment (land) | $285,700 |
| Municipal assessment (building) | $219,300 |
| Municipal assessment (total) | $505,000 |
| Assessment year | 2026 |
| Number of stories | 2 |
| Irregular building | Yes |
| Potential gross revenue | $58,800 |
| Available services | Sewer Connected, Water Connected |
| Distinctive features | Detached |
| Parking | Outdoor parking |
| Sewage system | Municipality |
| Water supply | Municipality |
Addendum
| Welcome to 61 Garneau Street in the heart of downtown Hull! Located in one of the most desirable areas of the Outaouais, this income property is just minutes from downtown Ottawa, government offices, the Canadian Museum of History, restaurants, cafés, shopping, cycling paths, and public transit. The building currently generates a gross annual income of $58,800, providing immediate cash flow for investors. Even better, the adjacent lot has already undergone subdivision planning with a land surveyor and may allow for the construction of a 4-unit residential building, subject to approval from the City of Gatineau. Development opportunities are becoming increasingly rare in this high-demand sector, where proximity to Ottawa and continued downtown growth attract both investors and tenants. Whether you are an investor looking for stable income or a developer seeking future potential, this property offers a unique combination of immediate revenue and long-term growth opportunities. A rare opportunity you won't want to miss! |
