$249,900
292 Rue St-André
Gatineau (Gatineau)
Gatineau (Gatineau)
Type
Duplex
Bedrooms
2
Living area
111.1 Square Meters
Bathrooms
1
MLS® 28475444
Property description
WOW!! THE BEST DEAL IN TOWN! DUPLEX IN GATINEAU FOR ONLY $249,900! Located at 292 Saint-André Street, this property is ideal for investors, renovators or owner-occupants. Both units will be vacant upon occupancy. Rental potential exceeds $26,340/year, representing less than 10x the potential gross income and highly attractive cashflow investment ratios. Renovated 2-storey house-style main unit with a private fenced backyard, plus a second unit for additional income or a family member. Huge potential for optimization and appreciation! A rare opportunity to own a full duplex for under $250,000! Call me Jonathan Lamirande at 819-303-1809.
Sold without legal warranty, at the risk and peril of the buyerDetails
Located near
Alpine skiing, ATV trail, Bicycle path, CEGEP, Cross-country skiing, Daycare centre, Elementary school, Golf, High school, Highway, Hospital, Park, Public transportation, Snowmobile trail, University
Taxes and expenses
| Municipal | $1,377 |
| School | $221 |
Building and interior of the property
| Bedrooms | 2 |
| Bathrooms | 1 |
| Number of rooms | 5 |
| Living area | 111.1 Square Meters |
| Expected delay of occupancy | 30 |
| Items included in the sale | Main unit: Dishwasher, refrigerator and hot water tank. Secondary unit: Built-in microwave, glass cooktop, washer and dryer. Included as is, without warranty. |
| Land area | 175 |
| Year built | 1930 |
| Municipal assessment (land) | $68,300 |
| Municipal assessment (building) | $93,700 |
| Municipal assessment (total) | $162,000 |
| Assessment year | 2026 |
| Number of stories | 2 |
| Potential gross revenue | $26,340 |
| Available services | Electricity Connected, Sewer Connected, Water Connected |
| Cupboard | Thermoplastic, Wood |
| Distinctive features | Detached |
| Driveway | Asphalt |
| Heating energy | Electricity |
| Heating system | Electric baseboard units |
| Landscaping | Fenced |
| Parking | Driveway |
| Roofing | Asphalt shingles |
| Sewage system | Municipality |
| Siding | Vinyl |
| Topography | Flat |
| View | View of the city |
| Water supply | Municipality |
| Windows | PVC |
Addendum
| Welcome to 292 Saint-André Street in Gatineau, the best deal currently available in the region for an investor, a renovator, or an owner-occupier! Listed at just $249,900, this duplex represents an opportunity that has become extremely rare in today's market. With rental potential of over $26,340 per year, the property is priced at less than 10 times the potential gross income, a particularly attractive ratio for a buyer seeking yield and appreciation potential. Another major advantage: both units will be vacant at the time of closing, offering exceptional flexibility to the future owner. This allows you to tailor your strategy to your goals, whether that means occupying one unit, housing a family member, renovating the spaces, or fully leveraging the property as an income-generating investment. The main unit stands out for its house-style layout spread over two floors. This unit has been renovated and also features a private, fenced-in backyard a sought-after amenity that adds to the property's comfort and rental appeal. The second unit, meanwhile, offers additional rental income potential as well as great versatility depending on the future owner's needs. Key Features: -Duplex for only $249,900 -2 functional living units -Both units will be vacant at the time of closing -Rental potential of over $26,340 per year -Asking price represents less than 10x the potential gross income -House-style primary residence spread over 2 floors -Renovated main unit -Private, fenced-in backyard -Second unit offering additional income potential -Excellent potential for optimization and appreciation Investment Potential: This duplex stands out primarily for its extremely competitive purchase price and income potential. Opportunities to acquire a complete income property for under $250,000 in Gatineau have become particularly rare. The fact that both units are vacant at the time of closing also represents a significant advantage for a buyer looking to undertake renovations, reposition the property, or implement a new rental strategy. For an investor capable of recognizing a property's potential and looking to create value, 292 Saint-André Street offers a combination that's hard to find: low purchase price, attractive income potential, two vacant units, and significant opportunities for optimization. A true bargain for the buyer ready to seize the opportunity. For more information or to schedule a private tour, contact Jonathan Lamirande at 819-303-1809 ! |
