$999,800
ULS: 20801458
Triplex for sale - Gatineau (Gatineau) (Técumseh)
523 Rue de Bristol, Gatineau (Gatineau) (Técumseh)
EXCEPTIONAL INVESTMENT OPPORTUNITY WITH OVER $76,000 IN ANNUAL INCOME! This magnificent triplex in the heart of Gatineau, located in a sought-after, fast-growing sector, represents an ideal opportunity for investors and future owner-occupiers. Take advantage of a turnkey investment with excellent yield potential and stable passive income. Built in 2006, this well-maintained building features 3 spacious 3-bdrm units, over 1,200 sq.ft. of living space per unit, wood and ceramic floors for a touch of style and durability, and is situated on a large 6,630 sq.ft. lot.
Sale without legal warranty of quality, at the buyer's risk and peril.
Living area
2,444.56 ft²
Property features
3
Bedrooms
1
Bathroom
DANNY KINGSBERRY
Residential Real Estate Broker
RE/MAX VISION (1990) INC.
JIMMY ARSENEAULT
Residential and Commercial Real Estate Broker
RE/MAX VISION (1990) INC.
Addendum
Triplex Features:
- Year Built: 2006 -- Well-maintained building with quality finishes.
- Units: Three spacious units, each with three bedrooms.
- Area: Over 1,200 sq. ft. per unit.
- Flooring: Floating floors, wood, and ceramic for style and durability.
- Lot: Large lot of over 6,630 sq. ft.
Stable Income Source & Potential for Rent Optimization in Unit 2
- This triplex generates an annual income of over $76,000, offering an excellent opportunity for passive income and property equity growth.
- All units are rented unheated and unlit (except for Unit 3 heated and lit), providing flexibility for future adjustments.
Current Rent Details:
Unit 1
$662/month: Rent paid by tenant.
$1,700/month: Rent supplement paid by the Outaouais Municipal Housing Office.
Monthly Total: $2,362
Unit 2
$1,500/month: Rent paid by tenant.
Unit 3
$621/month: Rent paid by tenant.
$1,875/month: Rent supplement paid by the Outaouais Municipal Housing Office.
Monthly Total: $2,496
Strategic Location:
- Located about 10 minutes from Ottawa, in a desirable area with ideal proximity to essential services: public transportation, schools, shops, and parks.
- High rental demand ensures excellent occupancy rates and long-term income stability.
Become an Owner While Generating Profits!
- Whether you're an owner-occupant looking to live in one unit while generating income, or an investor seeking a reliable income property, this triplex meets financial goals and generates revenue from year one.
- By owning this triplex, you benefit from a tangible asset with continuous appreciation and positive cash flow. This is an ideal opportunity to diversify your investments and secure a stable income.
Annual Maintenance Costs:
- Snow removal: approx. $600
- Lawn maintenance: approx. $450
- Home insurance: approx. $200/month ($2,400 per year)
- Electricity for Unit 3 (heated and lit): approx. $120/month ($1,440 per year)
- Year Built: 2006 -- Well-maintained building with quality finishes.
- Units: Three spacious units, each with three bedrooms.
- Area: Over 1,200 sq. ft. per unit.
- Flooring: Floating floors, wood, and ceramic for style and durability.
- Lot: Large lot of over 6,630 sq. ft.
Stable Income Source & Potential for Rent Optimization in Unit 2
- This triplex generates an annual income of over $76,000, offering an excellent opportunity for passive income and property equity growth.
- All units are rented unheated and unlit (except for Unit 3 heated and lit), providing flexibility for future adjustments.
Current Rent Details:
Unit 1
$662/month: Rent paid by tenant.
$1,700/month: Rent supplement paid by the Outaouais Municipal Housing Office.
Monthly Total: $2,362
Unit 2
$1,500/month: Rent paid by tenant.
Unit 3
$621/month: Rent paid by tenant.
$1,875/month: Rent supplement paid by the Outaouais Municipal Housing Office.
Monthly Total: $2,496
Strategic Location:
- Located about 10 minutes from Ottawa, in a desirable area with ideal proximity to essential services: public transportation, schools, shops, and parks.
- High rental demand ensures excellent occupancy rates and long-term income stability.
Become an Owner While Generating Profits!
- Whether you're an owner-occupant looking to live in one unit while generating income, or an investor seeking a reliable income property, this triplex meets financial goals and generates revenue from year one.
- By owning this triplex, you benefit from a tangible asset with continuous appreciation and positive cash flow. This is an ideal opportunity to diversify your investments and secure a stable income.
Annual Maintenance Costs:
- Snow removal: approx. $600
- Lawn maintenance: approx. $450
- Home insurance: approx. $200/month ($2,400 per year)
- Electricity for Unit 3 (heated and lit): approx. $120/month ($1,440 per year)
Building details and property interior
Dimensions
29' 7" X 40' irr.
Year constructed
2006
Living area
2,444.56 ft²
Windows
PVC
Window Type
Casement
Siding
Brick, Vinyl
Roofing
Asphalt shingles
Dividing Floor
Wood
Washer/Dryer (installation)
Bathroom
Kitchen Cabinets
Laminate, Melamine
Basement
6 feet and more, Finished basement
Lot and exterior features
Lot size
52' 6" X 126' 4"
Lot area
616 m²
Topography
Flat
View
View of the city
Driveway
Double width or more, Unpaved
Parking (total)
Driveway (6)
Proximity
Golf, Hospital, Park, Bicycle path, Elementary school, High school, Cross-country skiing, Public transportation, CEGEP, Daycare centre, Highway
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Occupancy
Triple
Financial details
Municipal assessment (2024)
- Lot assessment
- $ 237,800
- Building assessment
- $ 446,600
- Total
- $ 684,400
Taxes
- Municipal (2024)
- $ 5,635
- School (2024)
- $ 398
- Total
- $ 6,033
Annual expenses
- Insurance
- $ 2,400
- Snow removal
- $ 930
- Maintenance
- $ 450
- Total
- $ 3,780
Energy expenses
- Electricity
- $ 1,530
- Total
- $ 1,530
Gross annual revenues (potential)
- Residential
- $ 76,296
- Total
- $ 76,296
Inclusions and exclusions
Inclusions
3 water heaters
Exclusions
All tenants' appliances, personal property and furnishings.
Mortgage payment calculator
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