Quadruplex for sale

300 Av. de l'Hippodrome, Gatineau (Aylmer), Outaouais

$1,250,000
300 Av. de l'Hippodrome
Gatineau (Aylmer)
Type
Quadruplex
Bedrooms
1
Living area
3218 Square Feet
Bathrooms
1
MLS® 22238982

Property description

Exceptional investment opportunity! This 2019-built fourplex in the highly sought-after Aylmer sector generates annual revenues of $73,200. Featuring 2 modern 1-bedroom units and 2 spacious 2-bedroom units, this well-maintained property offers excellent income potential with opportunities for further optimization. The building also includes 4 parking spaces and 4 outdoor storage units. Ideally located close to all amenities and just 5 minutes from Ottawa, this is a strategic addition to any real estate portfolio. Act quickly!

Details

Bicycle path, Daycare centre, Elementary school, Golf, High school, Highway, Park, Public transportation

Municipal $9,001
School $696
Common expenses $2,784
Co-ownership fees $2,784
Bedrooms 1
Bathrooms 1
Number of rooms 3
Living area 3218 Square Feet
Items included in the sale 4 water heaters, 4 air exchangers, light fixtures, 4 dishwashers, and wall-mounted air conditioners. The stoves, refrigerators, washers, and dryers for Units 300-1 and 300-4 are included.
Dimension of the front of the building 29
Dimension of the depth of building 46
Land area 5531
Dimension of the front of the land 17
Dimension of the depth of the land 321
Year built 2019
Municipal assessment (land) $231,300
Municipal assessment (building) $731,600
Municipal assessment (total) $962,900
Assessment year 2026
Number of stories 3
Potential gross revenue $73,200
Available services Electricity Connected, Sewer Connected, Water Connected
Cupboard Melamine
Distinctive features Attached corner unit
Driveway Asphalt
Equipment available Air exchange system, Wall-mounted air conditioning
Foundation Poured concrete
Heating energy Electricity
Heating system Electric baseboard units
Landscaping Landscaped
Parking Driveway, Outdoor parking
Roofing Elastomeric membrane
Sewage system Municipality
Siding Brick, Pressed fibre
Topography Flat
Water supply Municipality
Windows PVC
* Fully leased building generating immediate and stable income * Tenants pay their own heat and electricity, maximizing net revenue * Recent construction with contemporary design and low maintenance requirements * Strong unit mix: 2 one-bedroom units and 2 two-bedroom units * Open-concept layouts highly sought after by tenants * Modern kitchens and quality finishes throughout * Wall-mounted air conditioning for added tenant comfort * In-unit washer and dryer hookups in every apartment * Durable fiberglass and aluminum balconies with minimal upkeep * 4 parking spaces and 4 outdoor storage units * Prime location near an elementary school, daycare, amenities, and the Rivermead Park-and-Ride * High-demand rental area just minutes from Ottawa * Simplified property management and low operating costs * Potential for future rental optimization and long-term appreciation * Turnkey investment with no work required

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