Otter Lake
Property description
Investors, be the first to reserve your profitable fourplex in the brand new Otter Lake Village housing project. Located just 1 hour from Gatineau and Ottawa, in the heart of the charming municipality of Otter Lake. The building to be built, erected on a vast one-acre wooded lot, is within walking distance of the school. Each building offers: two two-bedroom apartments and two one-bedroom apartments with an office. This fourplex generates an estimated annual gross income of $67,200. All our buildings are fully customizable: interior plans, exterior colors, floor coverings, and more.
Details
Room dimension
| Room | Floor | Dimensions | Floor covering |
|---|---|---|---|
| Living room | 1st level/Ground floor | 10x12 P | Flexible floor coverings |
| Kitchen | 1st level/Ground floor | 10x12 P | Flexible floor coverings |
| Bedroom | 1st level/Ground floor | 10x10 P | Flexible floor coverings |
| Bedroom | 1st level/Ground floor | 9x9 P | Flexible floor coverings |
| Bathroom | 1st level/Ground floor | 8x6 P | Flexible floor coverings |
| Living room | 1st level/Ground floor | 10x12 P | Flexible floor coverings |
| Kitchen | 1st level/Ground floor | 10x12 P | Flexible floor coverings |
| Bedroom | 1st level/Ground floor | 9x9 P | Flexible floor coverings |
| Master bedroom | 1st level/Ground floor | 10x10 P | Flexible floor coverings |
| Bathroom | 1st level/Ground floor | 8x6 P | Flexible floor coverings |
| Living room | 2nd floor | 10x12 P | Flexible floor coverings |
| Kitchen | 2nd floor | 10x12 P | Flexible floor coverings |
| Home office | 2nd floor | 9x9 P | Flexible floor coverings |
| Bedroom | 2nd floor | 10x10 P | Flexible floor coverings |
| Bathroom | 2nd floor | 8x6 P | Flexible floor coverings |
| Living room | 2nd floor | 10x12 P | Flexible floor coverings |
| Kitchen | 2nd floor | 10x12 P | Flexible floor coverings |
| Home office | 2nd floor | 9x9 P | Flexible floor coverings |
| Bedroom | 2nd floor | 10x10 P | Flexible floor coverings |
| Bathroom | 2nd floor | 8x6 P | Flexible floor coverings |
Taxes and expenses
| Municipal Taxes | $74 |
| School taxes | $0 |
Building and interior of the property
| Bedrooms | 2 |
| Bathrooms | 1 |
| Number of rooms | 4 |
| Living area | 2560 SF |
| Expected delay of occupancy | 30 days |
| Items included in the sale | 5 Years GCR warranty |
| Dimension of the front of the building | 40 F |
| Dimension of the depth of building | 32 F |
| Land area | 3856 SM |
| Dimension of the front of the land | 85 M |
| Dimension of the depth of the land | 45 M |
| Municipal assessment (land) | $15,400 |
| Municipal assessment (total) | $15,400 |
| Assessment year | 2025 |
| Number of stories | 2 |
| Year built code | To be built |
| Area of the building | 1280 SF |
| Potential gross revenue | $67,200 |
| Basement foundation | Concrete slab on the ground |
| Heating system | Electric baseboard units |
| Water supply | Municipality |
| Heating energy | Electricity |
| Sewage system | BIONEST system |
| Zoning | Residential |
Addendum
| 4-Plex to Be Built |
| - 2 units with 2 bedrooms, rental value $1,400/month |
| - 2 units with 1 bedroom + office, rental value $1,400/month |
| Located in the new Otter Lake Village neighborhood, just 1 |
| hour from Gatineau/Ottawa. A 2-minute walk from the school. |
| ++ 1-acre lot in nature |
| ++ City water |
| ++ Gross revenue of $67,200 |
| Inclusions |
| Interior finishes |
| Gypsum |
| White paint |
| Vinyl flooring of your choice |
| Interior doors and handles |
| MDF frames and baseboards |
| Bathroom |
| Bathroom ceramic tile |
| Decorative panel or ceramic shower |
| Bathtub shower |
| Faucets |
| Vanity |
| Mirror |
| Space for washer and dryer |
| Kitchen |
| Laminate countertop |
| 8' PVC cabinet |
| Stainless steel sink |
| Faucets |
| Stove hood (Stainless) |
| Electrical |
| 100-amp panel and electrical mast including circuit |
| breakers (per apartment) |
| Electric baseboard heaters and electronic thermostats |
| Indoor and outdoor switches and electrical outlets |
| Outdoor light fixtures |
| Electric smoke detectors / battery |
| Exchanger Air exchanger, heat recovery |
| Electric vehicle charging station outlet |
| Framework |
| Wall insulation: R20 wool + Enermax |
| Roof insulation: R40 + vapor insulation |
| Cathedral ceiling if applicable |
| 9' ground floor ceiling |
| Exterior finish |
| Black PVC exterior door and window |
| Siding on the facade, color of your choice |
| Wood beam if applicable |
| Shingle roof in your choice of color, 25-year warranty |
| Metal roof available in option |
| Insulated steel door, patio door, and handles if applicable |
| Black fascias and soffits |
| Gravel parking area |
| Plumbing |
| Basic chrome plumbing fixtures |
| Basic 2-piece toilet |
| Acrylic bathtub |
| Handheld shower |
| Pex piping |
| 20-gallon electric water heater (per apartment) |
| Foundation |
| Poured concrete slab |
| Foundation wall against frost |
| Cement render on Foundation walls |
| Services |
| Standard septic system for 6 bedrooms |
| City water |
| Optional |
| Radiant floor heating on ground floor included (PROMO) |
| Heat pump (4) included (PROMO) |








