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$1,600,000
ULS: 17200709

8-15-Plex for sale
168 Rue Galipeau, Thurso

ATTENTION INVESTORS! GOLDEN OPPORTUNITY! Welcome to 168 Galipeau, a well maintained 10-unit apartment in Thurso with a gross annual income of $102,156! The detached double garage can also be rented to increase income. In all units, you will find beautiful open spaces with large windows, providing amazing natural light no matter which side you are on. Level 2 units (apt. 5 to apt. 10) have access to a common laundry room. Approximately 35-45 minutes from downtown Gatineau (Promenades de Gatineau, Costco). A great investment opportunity - don't miss your chance!
Living area 8,030 ft²

Property features

2 Bedrooms
1 Bathroom

DOMINIC AUBREY

Real Estate Broker

RE/MAX DIRECT INC.

+ GOLDEN OPPORTUNITY FOR INVESTORS!
+ Gross annual income of $102,156
+ 10 well-maintained units
+ Large DOUBLE GARAGE that can also be rented to increase income
+ The upstairs units (#5 to #10) have their own common laundry room
+ Apartment 5 has heated/radiant ceilings
+ Outdoor storage available for tenants!
+ Visitor parking available!
+ Roof 2018
+ About 35-45 minutes from downtown Gatineau (Promenades, Costco)
+ Less than 50 minutes from downtown Ottawa
Dimensions 54' X 108' irr.
Year constructed 1950
Living area 8,030 ft²
Windows PVC
Window Type Sliding, French door, Casement
Siding Aluminum
Roofing Asphalt shingles
Garage Double width or more, Detached
Basement Unfinished, 6 feet and more
Lot size 136' X 182' irr.
Lot area 21,309 ft²
Topography Flat
Driveway Double width or more, Asphalt
Parking (total) Driveway (10), Garage (2)
Proximity Elementary school, High school, Highway
Heating System Electric baseboard units
Heating Energy Electricity
Property or unit amenity Heated ceilings in apt. 5
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2024)

Lot assessment
$ 94,200
Building assessment
$ 658,100
Total
$ 752,300

Taxes

Municipal (2024)
$ 11,509
School (2024)
$ 522
Total
$ 12,031

Gross annual revenues (potential)

Residential
$ 102,156
Total
$ 102,156

Inclusions

Hot water tanks (x7).

Exclusions

Tenants personal belongings.

Desjardins

Mortgage payment calculator

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