Living area
2560 Square Feet
MLS® 18676027
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 | 10 X 12 ft / 3.05 X 3.66 m | Flexible floor coverings |
| Kitchen | 1st level/Ground floor | 10 X 12 ft / 3.05 X 3.66 m | Flexible floor coverings |
| Bedroom | 1st level/Ground floor | 10 X 10 ft / 3.05 X 3.05 m | Flexible floor coverings |
| Bedroom | 1st level/Ground floor | 9 X 9 ft / 2.74 X 2.74 m | Flexible floor coverings |
| Bathroom | 1st level/Ground floor | 8 X 6 ft irr / 2.44 X 1.83 m irr | Flexible floor coverings |
Building and interior of the property
| Bedrooms | 2 |
| Bathrooms | 1 |
| Number of rooms | 4 |
| Living area | 2560 Square Feet |
| Expected delay of occupancy | 30 |
| Items included in the sale | 5 Years GCR warranty |
| Dimension of the front of the building | 40 |
| Dimension of the depth of building | 32 |
| Land area | 3856 |
| Dimension of the front of the land | 85 |
| Dimension of the depth of the land | 45 |
| Municipal assessment (land) | $15,400 |
| Municipal assessment (total) | $15,400 |
| Assessment year | 2025 |
| Number of stories | 2 |
| Year built code | |
| Potential gross revenue | $67,200 |
| Available services | Electricity Connected, Water Connected |
| Basement foundation | Concrete slab on ground |
| Building condition | New |
| Distinctive features | Detached |
| Heating energy | Electricity |
| Heating system | Electric baseboard units |
| Sewage system | BIONEST system |
| Water supply | Municipality |
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) |