For sale

8-12 Rue Marjorie-D. Shackelton, Gatineau (Aylmer), Outaouais

$8,295,000
8-12 Rue Marjorie-D. Shackelton
Gatineau (Aylmer)
Type
N/A
Bedrooms
N/A
Living area
N/A
Bathrooms
N/A
MLS® 27506608

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

Other, Highway, Golf, Hospital, Park - green area, Elementary school, High school, Public transport, University, Bicycle path, Daycare centre

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
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
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.

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