$1,224,999

Quadruplex for sale - Gatineau (Hull) (Lac des Fées, Wrightville)

$1,224,999

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$1,224,999

Quadruplex for sale - Gatineau (Hull) (Lac des Fées, Wrightville)

$1,224,999

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72 Rue Gamelin, Gatineau (Hull) (Lac des Fées, Wrightville), J8Y 1V6

This property's combination of prime location, size, and redevelopment potential makes it an ideal acquisition for forward-thinking investors and developers. Whether you're looking to expand your portfolio or take advantage of Gatineau's evolving urban landscape, 72 Gamelin offers unparalleled possibilities. Don't miss out on this exceptional opportunity!

  • Lot area: 10,416 SF
  • NUMBER OF ROOMS : 0
  • Year built : 1951
RÉMI CHAPADEAU INC.
Residential Real Estate Broker
Building details and property interior
Particularities plusParticularities minus

51'7" X 31'11" Irregular

1951

2,619.72 SF

PVC

Casement

Poured concrete

Stone , Stucco

Asphalt shingles , Elastomeric membrane

Wood , Ceramic

Addenda
Particularities plusParticularities minus

Welcome to 72 Gamelin Street, Gatineau -- a strategic property that combines current rental income with tremendous redevelopment potential. Located on an expansive 10,000+ square foot corner lot in the heart of the city, this fourplex stands out as a rare gem in one of Gatineau's most sought-after neighborhoods.

Key Features:

Location, Location, Location: Situated on a prominent street corner across from a sprawling park, this property offers breathtaking green views and unmatched urban convenience.

Future Development Potential: Under the city's Plan d'Urbanisme, this area is slated for redevelopment up to 6 storeys, potentially 10, opening doors for lucrative multi-unit construction.

Proximity to Services: Walking distance to public transit, schools, shopping, restaurants, and all essential services -- the perfect spot for attracting tenants or future residents.

Current Income Stream: The existing fourplex provides steady revenue while you plan for future opportunities. One unit is currently vacant, and two more will become vacant on or before June 30, 2025.

Building details and property interior
Particularities plusParticularities minus

51'7" X 31'11" Irregular

1951

2,619.72 SF

PVC

Casement

Poured concrete

Stone , Stucco

Asphalt shingles , Elastomeric membrane

Wood , Ceramic

Lot and exterior features
Particularities plusParticularities minus

104' X 102' Irregular

10,416.02 SF

Fenced , Bordered by hedges , Landscaped

Flat

Asphalt

Driveway : 8

Highway , CEGEP , Daycare centre , Hospital , Park , Bicycle path , Elementary school , Réseau Express Métropolitain (REM) , High school , Public transportation , University

Residential

Characteristics
Particularities plusParticularities minus

Hot water

Natural gas

Wall-mounted air conditioning

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

All appliances not owned by tenants, 4 water heaters, air conditioning (2-72 Gamelin), 3 electric fireplaces.

Tenants' personal effects.

Financial details
Particularities plusParticularities minus
Assessment (2024)
Taxes
  • (2024)
  • (2024)
Gross yearly revenu (potential)
RÉMI CHAPADEAU INC.
Residential Real Estate Broker

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2024)
Taxes
  • (2024)
  • (2024)
Gross yearly revenu (potential)
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