$564,900
47 Rue Fontaine
Gatineau (Hull)
Gatineau (Hull)
Type
Duplex
Bedrooms
3
Living area
2038 Square Feet
Bathrooms
1
MLS® 9090755
Property description
Excellent investment opportunity in a prime location. This duplex offers two spacious 3-bedroom units with attractive rental income. The main-floor unit is currently rented for $1,850 per month, while the second-floor unit has been fully renovated with modern finishes and is vacant, ready to be occupied or rented for similar potential income. With its strong rental income, large terrace with a view, excellent location, and potential for appreciation, this property represents a rare opportunity for both investors and owner-occupants looking to benefit from rental income.
Details
Located near
Bicycle path, Daycare centre, Highway, Hospital, Park, Public transportation
Taxes and expenses
| Municipal | $3,071 |
| School | $251 |
Building and interior of the property
| Bedrooms | 3 |
| Bathrooms | 1 |
| Number of rooms | 7 |
| Living area | 2038 Square Feet |
| Expected delay of occupancy | 30 |
| Items included in the sale | Stove in Unit 1, refrigerator in Unit 1, refrigerator in Unit 2, 2 water heaters. |
| Land area | 329.06 |
| Dimension of the front of the land | 11.73 |
| Dimension of the depth of the land | 28.05 |
| Year built | 1920 |
| Municipal assessment (land) | $172,100 |
| Municipal assessment (building) | $171,300 |
| Municipal assessment (total) | $343,400 |
| Assessment year | 2026 |
| Potential gross revenue | $44,400 |
| Available services | Electricity Connected, Sewer Connected, Water Connected |
| Basement | Crawl space, Low (less than 6 feet) |
| Distinctive features | Detached |
| Driveway | Asphalt |
| Foundation | Poured concrete, Stone |
| Heating energy | Electricity |
| Heating system | Electric baseboard units |
| Roofing | Asphalt shingles |
| Sewage system | Municipality |
| Siding | Brick, Vinyl |
| Topography | Flat |
| Water supply | Municipality |
| Windows | PVC |
Addendum
| Exceptional Investment Opportunity - Strong rental income with a potential of $44,400 per year. - Opportunity for an investor to immediately rent the vacant unit and maximize income from the time of purchase. - Attractive option for an owner-occupant, allowing them to live in the second-floor unit while benefiting from the rental income of the main-floor unit to help offset mortgage payments. - Sought-after area and strategic location supporting long-term rentals and stable income. - Low operating costs due to electric heating, which is generally paid by the tenants. - Property offering excellent appreciation potential thanks to recent renovations and its location. Renovations and Improvements - Second floor fully renovated - Modern, updated finishes - Renovated bathroom - Recent painting - Bright unit ready for immediate occupancy or rental Some rooms shown have been virtually staged and decorated using artificial intelligence (AI) to showcase their potential. Furniture and decorative items are not included. |
