$749,000+ GST-QST
141-143 Rue Champlain
Gatineau (Hull)
Gatineau (Hull)
Type
Commercial building/Office
Bedrooms
N/A
Living area
355.3 MC
Bathrooms
N/A
MLS® 24184549
Property description
Exceptional opportunity in the heart of downtown Hull! A century-old semi-commercial duplex with unique charm, located in a prime area, close to downtown Ottawa and major thoroughfares. The building includes a ground-floor office space and a big residential apartment on the second floor, generating a gross annual income of $65 874. An ideal opportunity for investors looking to expand their portfolio or for an owner occupant both for residential and commercial units.
Details
Located near
Highway, Public transport
Taxes and expenses
| Municipal Taxes | $17,730 |
| School taxes | $478 |
Building and interior of the property
| Living area | 355.3 SM |
| Items included in the sale | Any device enabling the proper functioning of the BUILDING and any furniture or household appliances included in the leases. Household appliances are provided without legal warranty of quality. |
| Items excluded in the sale | Personal belongings of tenants, tools belonging to the owner or caretaker. |
| Dimension of the front of the building | 10.15 M |
| Dimension of the depth of building | 19.43 M |
| Land area | 303.5 SM |
| Dimension of the front of the land | 10.06 M |
| Dimension of the depth of the land | 30.18 M |
| Year built | 1907 |
| Municipal assessment (land) | $318,700 |
| Municipal assessment (building) | $260,500 |
| Municipal assessment (total) | $579,200 |
| Assessment year | 2025 |
| Number of stories | 2 |
| Irregular building | Yes |
| Area of the building | 196 SM |
| Driveway | Asphalt |
| Heating system | Space heating baseboards, Electric baseboard units |
| Water supply | Municipality |
| Heating energy | Electricity |
| Equipment available | Central air conditioning, Wall-mounted air conditioning |
| Windows | Wood |
| Foundation | Poured concrete, Stone |
| Garage | Fitted, Single width |
| Kind of commerce | Office |
| Rental appliances | Water heater |
| Siding | Brick |
| Distinctive features | Street corner |
| Basement | 6 feet and over, Crawl space, Low (less than 6 feet), Unfinished |
| Parking | Outdoor, Garage |
| Sewage system | Municipal sewer |
| Type of business/Industry | Service |
| Roofing | Asphalt shingles, Elastomer membrane |
| Zoning | Commercial, Residential |
Addendum
| Ideal location in downtown Hull. |
| Possibility of multi-residential development with the |
| purchase of neighboring land. |
| Residential rental income is $2 100/month. |
| Commercial rental income is $3 897,06$ (including taxes |
| and other expenses). |
| Century-old building with unique character. |
| To reclassify the floor with the City of Gatineau for |
| municipal taxation purposes, the building must be brought |
| up to current building code standards. Although it is a |
| mixed-use property, it is currently classified as 100% |
| commercial, resulting in overtaxation. |
| Sale without legal warranty of quality. |
