$537,000
524 Rue Notre-Dame
Gatineau (Gatineau)
Gatineau (Gatineau)
Type
Duplex
Bedrooms
3
Living area
979.16 PC
Bathrooms
1
MLS® 27772722
Property description
Profitable renovated duplex featuring updated electrical, plumbing, aesthetic finishes, and waterproofed foundation -- and more. Each unit offers 3 bedrooms, a functional kitchen, and a warm living area, ensuring high rental demand. The fully fenced backyard is ideal for families and boosts the property's appeal. Located near schools, parks, and essential services. Enjoy stable and highly attractive annual income. Major bonus: engineer-approved plans allowing the addition of a full extra floor to increase value, revenue, and development potential. A rare opportunity you don't want to miss! Contact me!
Details
Located near
Highway, Park - green area, Elementary school, High school, Public transport, Bicycle path, Daycare centre
Taxes and expenses
| Municipal Taxes | $3,641 |
| School taxes | $305 |
Building and interior of the property
| Bedrooms | 3 |
| Bathrooms | 1 |
| Number of rooms | 6 |
| Living area | 979.16 SF |
| Items included in the sale | Water heaters (2), all light fixtures, outdoor shed, dishwasher in the semi-basement |
| Dimension of the front of the building | 8.53 M |
| Dimension of the depth of building | 10.68 M |
| Land area | 4998.23 SF |
| Dimension of the front of the land | 15 F |
| Dimension of the depth of the land | 30 F |
| Year built | 1956 |
| Municipal assessment (land) | $232,500 |
| Municipal assessment (building) | $214,500 |
| Municipal assessment (total) | $447,000 |
| Assessment year | 2025 |
| Irregular land | Yes |
| Potential gross revenue | $41,952 |
| Driveway | Not Paved |
| Landscaping | Fenced |
| Heating system | Space heating baseboards |
| Water supply | Municipality |
| Heating energy | Electricity |
| Windows | PVC |
| Foundation | Concrete block |
| Basement | 6 feet and over, Separate entrance, Finished basement |
| Parking | Outdoor |
| Sewage system | Municipal sewer |
| Window type | Sliding, Crank handle |
| Roofing | Tin |
| Topography | Sloped, Flat |
| Zoning | Residential |
Addendum
| Renovations & Improvements |
| *Duplex fully renovated: electrical, plumbing, aesthetic |
| finishes and foundation waterproofing |
| *Updated kitchens and bathrooms in both units |
| *Quality flooring, modern lighting and functional layouts |
| *Exterior improvements enhancing curb appeal and durability |
| Building & Layout |
| *Two spacious 3-bedroom units with bright living areas |
| *Functional and well-designed kitchens |
| *In-unit washer/dryer installations for each apartment |
| *Total living area: 979 sq. ft. |
| *Solid block foundation and PVC windows |
| Location & Lifestyle |
| *Highly sought-after sector of Achbar |
| *Close to schools, parks, daycare/CPE, public transit and |
| essential services |
| *Peaceful residential environment attractive to families |
| and long-term tenants |
| Income & Investment |
| *Strong annual gross income of 41 952 $ |
| *Stable leases already in place until 2026 |
| *Fully fenced backyard appealing to tenants with children |
| *Excellent rental demand for 3-bedroom units in this area |
| *Low annual operating expenses and strong net return |
| Additional Value Opportunity |
| *Engineer's plan confirming the possibility to add a full |
| additional floor, increasing property value, rental revenue |
| and long-term ROI |
| *Ideal property for investors seeking value-add potential |
| while benefiting from immediate rental cash flow |
| Included |
| *2 hot-water tanks |
| *All light fixtures |
| *Exterior shed |
| *Dishwasher in semi-basement |
