$1,029,900
71 Rue Lessard
Gatineau (Hull)
Gatineau (Hull)
Type
Quadruplex
Bedrooms
3
Living area
N/A
Bathrooms
1
MLS® 19326119
Property description
Investment opportunity not to be missed. Chartered evaluation in hand 2025 (1.15M). Potential income of $64,140/year (and more) and includes 2 three-bedroom units and 2 one-bedroom units, meeting strong rental demand. Several renovations completed, including the two basement units rebuilt from the ground up in 2024-2025: framing, electrical, plumbing and finishing. Under-slab piping replaced with PVC, air exchanger, and electrical service redone with meters relocated outside. Detached garage. Prime location on a quiet, low-traffic street within walking distance of shops, services, schools and public transit. Contact me for more information.
Details
Located near
Daycare centre, Elementary school, High school, Highway, Hospital, Park, Public transportation
Taxes and expenses
| Municipal | $6,776 |
| School | $539 |
Building and interior of the property
| Bedrooms | 3 |
| Bathrooms | 1 |
| Number of rooms | 6 |
| Expected delay of occupancy | 30 |
| Items included in the sale | Detached garage, all light fixtures, four water heaters, boiler for the heating system, and all appliances belonging to the lease agreements. |
| Items excluded in the sale | All personal belongings, equipment, tools, items, and materials located in the garage. |
| Land area | 673.3 |
| Dimension of the front of the land | 24.02 |
| Dimension of the depth of the land | 28.03 |
| Year built | 1968 |
| Municipal assessment (land) | $271,200 |
| Municipal assessment (building) | $501,700 |
| Municipal assessment (total) | $772,900 |
| Assessment year | 2026 |
| Irregular land | Yes |
| Potential gross revenue | $64,140 |
| Available services | Natural Gas Connected, Sewer Connected, Water Connected |
| Cupboard | Wood |
| Distinctive features | Detached, Street corner |
| Driveway | Asphalt |
| Foundation | Poured concrete |
| Garage | Detached, Double width or more, Other |
| Heating energy | Natural gas |
| Heating system | Hot water |
| Landscaping | Landscaped |
| Parking | Detached, Driveway, Garage, Other |
| Sewage system | Municipality |
| Siding | Aluminum, Brick, Stone |
| Topography | Flat |
| Water supply | Municipality |
| Window type | Sliding |
| Windows | PVC, Wood |
Addendum
| A clean, well-maintained income property where the heavy lifting is already done. Ideal for an investor who wants to buy without worrying about basement surprises.* Unit Mix- 2 three-bedroom units on the upper floors- 2 one-bedroom units in the basement- Potential income of $64,140/year (and room for more), strong rental demand in the area- One unit currently available, ideal to set rent at market value or for owner occupancy* Major Renovations (2024-2025)- Both basement units fully rebuilt: framing, electrical, plumbing and finishing (ask for all renovations)-New Energy Star windows in the basement units-Updated kitchens, bathrooms and flooring* Mechanical and Structure- Under-slab piping replaced with PVC- Recent air exchanger- Electrical service redone, increased amperage, meters relocated outside (one meter per unit)- Hot water heating system, natural gas* Exterior and Lot- Detached garage for additional storage- Well-cleared lot, numerous parking spaces available* Location, in the Heart of Hull- Quiet, low-traffic street, one block from Boulevard Saint-Joseph- Grocery stores nearby: Super C, La Boîte à Grains and several shops along Saint-Joseph- Pharmacies, restaurants and essential services just minutes away- Parc Laurent-Groulx close by (playground, splash pad, pool)- Local elementary schools within walking distance- STO bus routes on the main arteries, quick access to highways 5 and 50- Minutes from downtown Hull and the bridges to Ottawa, a real driver of rental demand* Inclusions- Light fixtures, garage, water heaters, heating system boiler, and all appliances belonging to the rented units.A solid addition to any portfolio or an easy-to-manage first building. Contact me for the financial details and a showing. |
