$1,434,000
303 Rue Champlain
Gatineau (Hull)
Gatineau (Hull)
Type
Quadruplex
Bedrooms
3
Living area
336.1 Square Meters
Bathrooms
2
MLS® 19228831
Property description
Exceptional fourplex in Hull's most sought-after area, steps from Alexandra Bridge, Jacques-Cartier Park and ByWard Market. Well-maintained 2004 construction featuring one 3-bedroom unit with garage, two 2-bedroom units, and one 1-bedroom unit. Brick, concrete stone and pressed fibre exterior, six wall-mounted heat pumps, fiberglass stairs and balconies, fenced yard with synthetic grass. A true investment opportunity with strong Gross Rent Multiplier and potential conversion to 6 units. $105,360 annual income.
Sold without legal warranty, at the risk and peril of the buyerDetails
Located near
Bicycle path, CEGEP, Cross-country skiing, Daycare centre, Elementary school, Golf, High school, Highway, Hospital, Park, Public transportation, University
Room dimension
| Room | Floor | Dimensions | Floor covering |
|---|---|---|---|
| Hall | 1st level/Ground floor | 8.10 X 4.8 ft / 2.69 X 1.42 m | Ceramic |
| Living room | 2nd level | 21.2 X 15.8 ft / 6.45 X 4.78 m | Laminate floor |
| Dining room | 2nd level | 11.2 X 9.6 ft / 3.40 X 2.90 m | Laminate floor |
| Kitchen | 2nd level | 11.2 X 9 ft / 3.40 X 2.74 m | Ceramic |
| Bathroom | 2nd level | 9.2 X 5 ft / 2.79 X 1.52 m | Ceramic |
| Bedroom | 2nd level | 12.4 X 11.4 ft / 3.76 X 3.45 m | Laminate floor |
| Bedroom | 3rd level | 17.6 X 11 ft / 5.33 X 3.35 m | Laminate floor |
| Primary bedroom | 3rd level | 20.8 X 13 ft / 6.30 X 3.96 m | Laminate floor |
| Bathroom | 3rd level | 11.2 X 11.2 ft / 3.40 X 3.40 m | Ceramic |
| Walk-in closet | 3rd level | 11.2 X 7.8 ft / 3.40 X 2.34 m | Laminate floor |
Taxes and expenses
| Municipal | $12,314 |
| School | $950 |
| Electricity | $2,200 |
| Garbage | $400 |
| Insurance | $2,600 |
| Other | $1,300 |
| Snow removal | $600 |
Building and interior of the property
| Bedrooms | 3 |
| Bathrooms | 2 |
| Number of rooms | 10 |
| Living area | 336.1 Square Meters |
| Items included in the sale | See Appendix AG-06015. |
| Dimension of the front of the building | 20.55 |
| Dimension of the depth of building | 9.24 |
| Land area | 471.5 |
| Dimension of the front of the land | 30.28 |
| Dimension of the depth of the land | 16.89 |
| Year built | 2004 |
| Municipal assessment (land) | $495,100 |
| Municipal assessment (building) | $879,400 |
| Municipal assessment (total) | $1,374,500 |
| Assessment year | 2026 |
| Number of stories | 3 |
| Irregular land | Yes |
| Potential gross revenue | $105,360 |
| Available services | Electricity Connected, Fire detector, Sewer Connected, Water Connected |
| Basement | Outdoor entrance |
| Cupboard | Wood |
| Distinctive features | Detached |
| Driveway | Asphalt |
| Equipment available | Air exchange system, Wall-mounted heat pump |
| Exterior cladding | Wood |
| Foundation | Poured concrete |
| Garage | Built-in, Single width |
| Heating energy | Electricity |
| Heating system | Electric baseboard units |
| Landscaping | Fenced, Landscaped |
| Parking | Driveway, Garage |
| Roofing | Asphalt shingles |
| Sewage system | Municipality |
| Siding | Brick, Concrete stone, Pressed fibre |
| Topography | Flat, Uneven |
| View | View of the city |
| Water supply | Municipality |
| Window type | Casement |
| Windows | PVC |
Addendum
| Welcome to 303 Rue Champlain, an exceptional fourplex ideally located in one of Hull's most prestigious and sought-after neighbourhoods. Steps from Jacques-Cartier Park, Alexandra Bridge, and minutes from downtown Ottawa and ByWard Market, this property offers a rare investment opportunity in a prime location. Built in 2004, the building stands out for its solid construction and meticulous maintenance over the years. The brick, concrete stone, and pressed fibre façade ensures durability, low maintenance, and a clean modern appearance. The building features four spacious units: One 3-bedroom unit on two levels with garage Two 2-bedroom units One 1-bedroom unit The large units also offer future flexibility, with potential conversion into 6 units, subject to municipal approval. Each unit includes washer/dryer hookups, PVC windows and doors, and a mix of ceramic and floating floors. Comfort is ensured year-round with six wall-mounted heat pumps. Fiberglass exterior staircases and balconies provide durability and minimal maintenance. The property also includes an architectural shingle roof, paved parking, and a fenced yard with synthetic grass. Generating $105,360 in annual income, this property represents a true market opportunity. Its strong Gross Rent Multiplier (GRM) makes it highly attractive to investors seeking performance and stability. Sold fully furnished and equipped, this turnkey investment is ready for immediate income generation. The level of care and maintenance reflects pride of ownership throughout. In summary, 303 Rue Champlain is a rare opportunity combining strategic location, quality construction, and strong income with long-term optimization potential. |
