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
School taxes | $0 |
Municipal 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) |