Gatineau (Aylmer)
Property description
26-unit high-end residential income property located in the sought-after Plateau sector of Aylmer (Gatineau). 4 x 3½ and 22 x 4½ units, including 4 units with mezzanine and private rooftop terraces. All units are fully equipped (appliances), with heat pumps, heating, electricity, cable and internet included. Superior NUDURA (ICF) construction. Potential gross income of $616,216/year. New 2026 roof. No major CAPEX expected in the short to medium term.
Details
Located near
Other, Highway, Golf, Hospital, Park - green area, Elementary school, High school, Public transport, University, Bicycle path, Daycare centre
Taxes and expenses
| School taxes | $5,050 |
| Municipal Taxes | $69,029 |
| Administration fees | $22,559 |
| Maintenance / Repairment | $27,521 |
| Energy cost | $33,453 |
| Cable TV | $17,230 |
| Common expenses/Rental | $14,493 |
| Insurance | $16,002 |
Building and interior of the property
| Items included in the sale | 26 tankless water heaters and for each of the 26 units: a stove, a refrigerator, a dishwasher, a washer, a dryer, and a heat pump. |
| Items excluded in the sale | All movable property and additions belonging to the tenants, whether fixed or permanently installed or not, including but not limited to: TV mounts, shelves, furniture, mirrors, various brackets, blinds, curtains, curtain rods, as well as all tenants' per |
| Dimension of the front of the building | 13.58 M |
| Dimension of the depth of building | 46.07 M |
| Land area | 1011.6 SM |
| Dimension of the front of the land | 19.19 M |
| Dimension of the depth of the land | 52.71 M |
| Year built | 2021 |
| Municipal assessment (land) | $1,586,700 |
| Municipal assessment (building) | $5,384,600 |
| Municipal assessment (total) | $6,971,300 |
| Assessment year | 2026 |
| Number of stories | 4 |
| Irregular building | Yes |
| Area of the building | 563.2 SM |
| Potential gross revenue | $606,216 |
| Driveway | Asphalt |
| Landscaping | Landscape |
| Cupboard | Other |
| Heating system | Other, Electric baseboard units |
| Water supply | Municipality |
| Heating energy | Electricity |
| Equipment available | Other, Wall-mounted heat pump, Entry phone, Ventilation system |
| Windows | PVC |
| Foundation | Other, Poured concrete |
| Siding | Aluminum, Brick |
| Distinctive features | Environmental study phase 1 |
| Bathroom / Washroom | Seperate shower |
| Available services | Fire detector |
| Parking | Outdoor |
| Sewage system | Municipal sewer |
| Window type | Crank handle |
| Roofing | Elastomer membrane |
| Topography | Flat |
| Zoning | Residential |
Addendum
| 26-unit income property located in the highly sought-after |
| Plateau sector of Aylmer (Gatineau). Recently built |
| high-end construction using NUDURA insulated concrete forms |
| (ICF), providing superior energy efficiency, soundproofing, |
| and long-term durability compared to conventional |
| wood-frame buildings. |
| Unit mix: |
| - 4 x 3½ (1-bedroom units) |
| - 22 x 4½ (2-bedroom units), including 4 units with |
| mezzanine and private rooftop terraces |
| Income: |
| - Gross scheduled income: $582,564 |
| - Certain leases include standard market incentives (e.g., |
| staggered rent discounts or free months) applied over the |
| initial lease term. Rents are based on contractual lease |
| amounts, which also serve as the basis for annual |
| adjustments and indexation. |
| - Stabilized potential gross income: $616,216, reflecting |
| full occupancy and the end of temporary incentives. |
| - One unit is currently vacant with a potential rent of |
| $1,971/month, related to the recent completion of major |
| roof works. |
| - Current variances are temporary and reflect a normal |
| stabilization phase following capital improvements. |
| Operating expenses: |
| - Municipal taxes: $69,029 |
| - School taxes: $5,050 |
| - Electricity: $25,530 |
| - Natural gas: $7,923 |
| - Insurance: $16,002 |
| - Cable / Internet: $17,230 |
| - Maintenance: $27,521 |
| - Common area expenses: $14,493 |
| - Management / administration: $22,559 |
| Total: $205,337 |
| Financial performance: |
| - Net Operating Income (NOI): $410,879 |
| - Gross yield: 7.43% |
| - Cap rate: 4.95% |
| Unit inclusions: |
| All units are fully equipped with refrigerator, stove, |
| dishwasher, washer, and dryer. Each unit includes a heat |
| pump system providing both heating and air conditioning. |
| Heating, electricity, cable, and high-speed internet are |
| included. Exterior storage is provided adjacent to each |
| unit's balcony. |
| Building features & advantages: |
| - NUDURA insulated concrete form (ICF) structure for |
| superior performance and durability |
| - New 2026 commercial roof (approx. $350,000 investment), |
| supported by engineering reports and invoices |
| - Property integrated into a condominium structure sharing |
| exterior maintenance costs (snow removal, landscaping, |
| waste, parking areas, etc.) |
| - 29 exterior parking spaces |
| Finishes: |
| Modern PVC kitchen cabinetry, quartz countertops, ceramic |
| backsplash, vinyl plank flooring, and ceramic tile. |
| Contemporary bathrooms with acrylic shower bases, ceramic |
| walls, glass panels, and floating vanities. Secure building |
| entrance with intercom and interior mailboxes. |
| Conclusion: |
| High-quality stabilized income asset located in a strong |
| rental demand area. Offers strong income performance, |
| long-term durability, and near-term upside potential, with |
| no significant CAPEX anticipated in the short to medium |
| term. |
















































































