$1,250,000
300 Av. de l'Hippodrome
Gatineau (Aylmer)
Gatineau (Aylmer)
Type
Quadruplex
Bedrooms
1
Living area
3218 PC
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
Located near
Highway, Golf, Park - green area, Elementary school, High school, Public transport, Bicycle path, Daycare centre
Taxes and expenses
| Municipal Taxes | $9,001 |
| School taxes | $696 |
| Common expenses/Rental | $2,784 |
Building and interior of the property
| Bedrooms | 1 |
| Bathrooms | 1 |
| Number of rooms | 3 |
| Living area | 3218 SF |
| 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 F |
| Dimension of the depth of building | 46 F |
| Land area | 5531 SF |
| Dimension of the front of the land | 17 F |
| Dimension of the depth of the land | 321 F |
| 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 |
| Driveway | Asphalt |
| Landscaping | Landscape |
| Cupboard | Melamine |
| Heating system | Electric baseboard units |
| Water supply | Municipality |
| Heating energy | Electricity |
| Equipment available | Wall-mounted air conditioning, Ventilation system |
| Windows | PVC |
| Foundation | Poured concrete |
| Siding | Brick, Pressed fibre |
| Parking | Outdoor |
| Sewage system | Municipal sewer |
| Roofing | Elastomer membrane |
| Topography | Flat |
| Zoning | Residential |
Addendum
| * 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 |
