$8,295,000
8-12 Rue Marjorie-D. Shackelton
Gatineau (Aylmer)
Gatineau (Aylmer)
Type
Other
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
Located near
Bicycle path, Daycare centre, Elementary school, Golf, High school, Highway, Hospital, Other, Park, Public transportation, University
Taxes and expenses
| Municipal | $69,029 |
| School | $5,050 |
| Cable (TV) | $17,230 |
| Common expenses | $14,493 |
| Electricity | $25,530 |
| Gas | $7,923 |
| Insurance | $16,002 |
| Maintenance | $27,521 |
| Management/Administration | $22,559 |
Building and interior of the property
| Co-ownership fees | $14,493 |
| 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' personal belongings. Tenant-owned items may be removed at any time, and the seller assumes no responsibility in this regard. |
| Dimension of the front of the building | 13.58 |
| Dimension of the depth of building | 46.07 |
| Land area | 1011.6 |
| Dimension of the front of the land | 19.19 |
| Dimension of the depth of the land | 52.71 |
| 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 |
| Potential gross revenue | $606,216 |
| Available services | Balcony/terrace, Electricity Connected, Fire detector, Outdoor storage space, Roof terrace, Sewer Connected, Water Connected |
| Bathroom / Washroom | Separate shower |
| Cupboard | Other |
| Distinctive features | Detached |
| Driveway | Asphalt |
| Equipment available | Air exchange system, Intercom, Other, Wall-mounted heat pump |
| Exterior cladding | Other |
| Foundation | Other, Poured concrete |
| Heating energy | Electricity |
| Heating system | Electric baseboard units, Other |
| Landscaping | Landscaped |
| Laundry | Other, Other other level |
| Parking | Driveway |
| Roofing | Elastomeric membrane |
| Sewage system | Municipality |
| Siding | Aluminum, Brick |
| Topography | Flat |
| Water supply | Municipality |
| Window type | Casement |
| Windows | PVC |
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: $606,216, 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): $400,879 - Gross yield: 7.308% - Cap rate: 4.83% 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. |
