$1,099,900+ GST-QST
129 Boul. St-Joseph
Gatineau (Hull)
Gatineau (Hull)
Type
Commercial building/Office
Bedrooms
N/A
Living area
N/A
Bathrooms
N/A
MLS® 23014977
Property description
UNIQUE OPPORTUNITY! Highly profitable 5-unit semi-commercial building, 8.4x gross income, located in Hull, just minutes from Ottawa. Ideal for investors or owner-occupiers looking for solid cash flow. Comprising 2 residential units and 3 commercial spaces, it generates over $130,000 per year. Over $40,000 in recent renovations: upgraded units, new roof, furnace, partially redone plumbing. Strategic location on St-Joseph Blvd. offering maximum visibility, constant traffic and flexible zoning. For a private viewing or more information, contact Jonathan Lamirande at 819-303-1809!
Details
Located near
Highway, Public transport
Taxes and expenses
| Municipal Taxes | $15,963 |
| School taxes | $571 |
Building and interior of the property
| Items included in the sale | All the furniture in apartment C with the gable end (above the restaurant), 2 water heaters |
| Items excluded in the sale | Tenants' personal belongings |
| Land area | 607 SM |
| Year built | 1905 |
| Municipal assessment (land) | $439,600 |
| Municipal assessment (building) | $368,100 |
| Municipal assessment (total) | $807,700 |
| Assessment year | 2025 |
| Area of the building | 358 SM |
| Driveway | Asphalt |
| Heating system | Air circulation, Electric baseboard units |
| Water supply | Municipality |
| Heating energy | Electricity, Natural gas |
| Windows | Aluminum, PVC |
| Foundation | Poured concrete, Stone |
| Rental appliances | Other |
| Siding | Aluminum, Stucco, Brick |
| Basement | Finished basement |
| Parking | Outdoor |
| Sewage system | Municipal sewer |
| Type of business/Industry | Retail, Service, Warehouse |
| Roofing | Asphalt shingles, Tin |
| Zoning | Commercial, Residential |
Addendum
| WOW! Five-unit semi-commercial building offering |
| exceptional returns and strong growth potential. Located on |
| Saint-Joseph Boulevard in Hull, close to Highway 50, |
| services, and just minutes from Ottawa, the location |
| ensures maximum visibility and consistent traffic. The |
| building includes two residential units and three |
| commercial units, generating over $130,000 in annual |
| income, with one vacant residential unit offering immediate |
| optimization potential. |
| Since the acquisition, over $40,000 in work has been |
| carried out by qualified contractors. Unit A has been |
| opened up and refreshed, including the installation of new |
| flooring, surface preparation, painting, and removal of old |
| plumbing. Unit B has undergone a complete bathroom |
| reconfiguration, with the entrance repositioned to improve |
| the functionality of the space. Unit E has been completely |
| renovated to new condition. |
| Other improvements include a new roof, a new leased gas |
| furnace, partial plumbing updates, improvements to certain |
| commercial units, and general work to optimize the |
| building's functionality and profitability. |
| According to information from previous seller disclosures, |
| the building was constructed in 1905 and expanded around |
| 1970. The foundations are made of poured concrete and stone. |
| This strategic asset combines high income, additional |
| rental potential, and a highly sought-after location, |
| offering a rare opportunity to acquire a high-performing |
| building in the heart of Hull. |
| For more information or to schedule a visit, contact |
| Jonathan Lamirande at 819-303-1809! |
| N.B. The portion of GST and QST taxes will be calculated by |
| the notary handling the file. Room measurements are |
| approximate. |
