$1,329,000
280 Rue Champlain
Gatineau (Hull)
Gatineau (Hull)
Type
Quadruplex
Bedrooms
1
Living area
3025 Square Feet
Bathrooms
1
MLS® 22916007
Property description
ATTENTION INVESTORS. Fourplex built in 2020, located in the highly sought-after Île de Hull neighbourhood. The property features two one-bedroom units and two two-bedroom units, generating an impressive gross annual income of $79,140. Offered at only 16.8 times the gross income, this is an excellent investment opportunity with potential for increased revenue. All appliances are included, and every unit is fully rented. Strategically located near government buildings, the Canadian Museum of History, the Hull Marina, Jacques-Cartier Park, local services, and the Alexandra Bridge providing quick access to Ottawa.
Sold without legal warranty, at the risk and peril of the buyerDetails
Located near
Bicycle path, CEGEP, Daycare centre, Elementary school, High school, Highway, Hospital, Park, Public transportation, University
Room dimension
| Room | Floor | Dimensions | Floor covering |
|---|---|---|---|
| Living room | Garden level | 12.8 X 12.10 ft irr / 3.86 X 3.91 m irr | Flexible floor coverings |
| Dining room | Garden level | 8 X 13.10 ft irr / 2.44 X 4.22 m irr | Flexible floor coverings |
| Kitchen | Garden level | 7.8 X 14.11 ft irr / 2.34 X 4.55 m irr | Flexible floor coverings |
| Laundry room | Garden level | 3.10 X 5.3 ft irr / 1.17 X 1.60 m irr | Flexible floor coverings |
| Bathroom | Garden level | 5.2 X 8.2 ft irr / 1.57 X 2.49 m irr | Flexible floor coverings |
| Primary bedroom | Garden level | 9.7 X 14.11 ft irr / 2.92 X 4.55 m irr | Flexible floor coverings |
| Primary bedroom | 2nd level | 10.9 X 15.8 ft / 3.28 X 4.78 m | |
| Bathroom | 3rd level | 4.11 X 8.5 ft / 1.50 X 2.57 m | Flexible floor coverings |
| Laundry room | 3rd level | 3.1 X 6.4 ft / 0.94 X 1.93 m | Flexible floor coverings |
| Hall | 3rd level | 5.10 X 6.4 ft / 1.78 X 1.93 m | Flexible floor coverings |
Taxes and expenses
| Municipal | $10,091 |
| School | $807 |
Building and interior of the property
| Bedrooms | 1 |
| Bathrooms | 1 |
| Number of rooms | 3 |
| Living area | 3025 Square Feet |
| Expected delay of occupancy | 30 |
| Items excluded in the sale | tenants personal belongings |
| Dimension of the front of the building | 18 |
| Dimension of the depth of building | 48.2 |
| Land area | 3266.85 |
| Dimension of the front of the land | 33 |
| Dimension of the depth of the land | 99 |
| Year built | 2020 |
| Municipal assessment (land) | $240,700 |
| Municipal assessment (building) | $807,100 |
| Municipal assessment (total) | $1,047,800 |
| Assessment year | 2022 |
| Irregular building | Yes |
| Potential gross revenue | $79,140 |
| Available services | Electricity Connected, Sewer Connected, Water Connected |
| Distinctive features | Detached |
| Driveway | Asphalt |
| Equipment available | Air exchange system, Wall-mounted air conditioning, Wall-mounted heat pump |
| Foundation | Poured concrete |
| Heating energy | Electricity |
| Heating system | Electric baseboard units |
| Parking | Driveway, Outdoor parking |
| Roofing | Asphalt shingles |
| Sewage system | Municipality |
| Siding | Brick, Pressed fibre |
| Topography | Flat |
| Water supply | Municipality |
| Window type | Casement |
| Windows | PVC |
Addendum
| 280 Champlain Street, Gatineau (Hull Island) Discover this fourplex built in 2020, located in the highly sought after Hull Island neighbourhood of Gatineau. This modern property offers an excellent opportunity for investors looking for a recently built building with strong income potential. The property features four rental units, including two one bedroom apartments and two two bedroom apartments. All units are currently rented, with tenants responsible for their own heating and electricity. Each apartment is equipped with its own mechanical systems, including four heat pumps, four air exchangers, and four water heaters. All appliances are included in each unit, including a stove, refrigerator, washer, dryer, and dishwasher. The building stands out with its 2 inch concrete soundproofing floor assemblies, providing enhanced noise insulation between units. It also offers three parking spaces and fiberglass balconies. Ideally located near government offices, the Canadian Museum of History, Jacques Cartier Park, the Hull Marina, cycling paths, essential services, and downtown Ottawa. An excellent opportunity for investors seeking a modern, recently built income property in one of Gatineau's most desirable rental markets. |
