$750,000

Triplex for sale - Gatineau (Hull) (Île de Hull)

$750,000

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$750,000

Triplex for sale - Gatineau (Hull) (Île de Hull)

$750,000

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301Z Rue Laramée, Gatineau (Hull) (Île de Hull), J8Y 3A1

Mixed-use building with 3 units located in a desirable area, offering an excellent combination of commercial and residential income. It includes a commercial space currently operating as a convenience store, with a net lease in effect until 2032 with an option to renew, as well as two residential units on the upper floor: a one-bedroom and a one-bedroom with an office. With a gross income multiplier (GIM) of approximately 11.5 to 12 times, this building represents an excellent investment opportunity. Contact us for more information or to schedule a visit.

  • Lot area: 4,100 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1901
GABRIEL LÉTOURNEAU
Residential and Commercial Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

37'70" X 47' Irregular

1901

Poured concrete , Stone

Brick , Vinyl

Addenda
Particularities plusParticularities minus

Commercial Space:

- Currently rented for $3,008/month.

- Net commercial lease in effect until 2032, including an option to renew for an additional five (5) years.

- Annual rent increases indexed to the Consumer Price Index (CPI).

- The tenant is responsible for the following expenses: electricity, 60% of the building's gas bill, business insurance, interior and exterior maintenance, snow removal, and any expenses directly related to the operation of the business.

- The landlord is responsible for property taxes, building insurance, structural repairs, and 40% of the gas bill.

- Lease offering excellent income stability and limited operating expenses for the landlord.

Apartment 1 - 1 bedroom:

- Rented for $918.75/month, all inclusive.

Apartment 2 - 1 bedroom + office:

- Rented for $1,495/month.

- Tenant pays for electricity.

- Heating is included in the rent.

Income:
Total monthly gross income: $5,421.75
Annual gross income: $65,061

** Note: Approximately 50% of the purchase price is subject to GST/QST. A GST/QST-registered purchaser may benefit from a self-assessment mechanism that could eliminate the need to pay these taxes at closing, subject to eligibility. Buyers are encouraged to confirm the applicable procedure with their notary and accountant.

Building details and property interior
Particularities plusParticularities minus

37'70" X 47' Irregular

1901

Poured concrete , Stone

Brick , Vinyl

Lot and exterior features
Particularities plusParticularities minus

41' X 100'

4,099.97 SF

Asphalt

Highway , Public transportation , University

Commercial , Residential

Characteristics
Particularities plusParticularities minus

Forced air

Natural gas

Central air conditioning

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Unit No. 1: stove and refrigerator. Unit #2: stove, refrigerator, dishwasher, washer and dryer

The water heater is leased from Enbridge. The building's central air conditioner was replaced by the convenience store owner. Technically, it belongs to him and should therefore be excluded from the sale.

Financial details
Particularities plusParticularities minus
Assessment (2026)
Taxes
  • (2026)
  • (2026)
Gross yearly revenu (potential)
Energy
301Z Rue Laramée, Gatineau (Hull) (Île de Hull), J8Y 3A1
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 25.8%
  • 23.7%
  • 11.0%
  • 13.1%
  • 26.5%
  • 18.3%
  • 2.8%
  • 27.3%
  • 47.2%
  • 4.4%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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GABRIEL LÉTOURNEAU
Residential and Commercial Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2026)
Taxes
  • (2026)
  • (2026)
Gross yearly revenu (potential)
Energy
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