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Income properties for sale

138, Rue Laval, Gatineau (Hull), Neighbourhood Île de Hull

$1,599,000 or
$1,599,000 or

Income properties for sale

138, Rue Laval, Gatineau (Hull), Neighbourhood Île de Hull

Features

Lifestyle
17990303 1599000 /en/multi-family-properties~for-sale~gatineau-hull/17990303?view=Summary /fr/multifamilial~a-vendre~gatineau-hull/17990303 https://passerelle.centris.ca/redirect.aspx?NoMLS=17990303&Lang=E&source=centris.ca /en/multi-family-properties~for-sale~gatineau-hull/17990303/photos 45.4320983500 -75.7150922700 true
Use of property
Residential
Year built
1870
Living area
2,804 sqft
Lot area
2,806 sqft
Number of units
Residential (8)
Residential units
8 x 3 ½
Potential gross revenue
$118,440
94

Description

Discover this 8-unit, 1-bedroom apartment building located in downtown Hull, just 3 minutes from Ottawa. Generating over $118,000 in gross annual income with excellent financial ratios, this property is a top investment choice. Close to government offices, universities, schools, hospitals, and shops. A rare opportunity in a highly sought-after area.
Centris No. 17990303

Financial details

Municipal assessment (2024)
Lot $208,500
Building $807,700
Total $1,016,200
Taxes
Municipal (2024) $8,197
School (2024) $586
Total $8,783
Expenses
Gas $2,625
Insurance $4,885
Equipment (rental) $384
Total $7,894

Listing broker

Elias Toth, Residential and Commercial Real Estate Broker

Elias Toth

Residential and Commercial Real Estate Broker

PMML

Real Estate Agency
PMML, Real Estate Agency

Location

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Discover Gatineau (Hull)

Population (2016) 68,464
Population variation between 2011 and 2016 -1%
Population density 1,855 hab/km2
Unemployment rate (2016) 9%

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property. Click here for more information.
  • Learn more about property transfer tax by clicking here.
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