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$2,500,000 +GST/QST
New
ULS: 23794992

Commercial for sale
111 - 113 Rue Champlain, Gatineau (Hull) (Île de Hull)

Ideally located building in the heart of the Hull sector in Gatineau, offering a strategic location close to services, major roadways, government institutions, and downtown Ottawa. The property is currently leased, providing immediate income for the investor. Strong development potential: The sellers have in their possession all the documents required to carry out a real estate project, including all plans, specifications, studies, and permits for the construction of a 20-room project, already approved by the CCU (Urban Planning Advisory Committee). A rare opportunity for a developer or investor.
Lot area 631.50 m²

ANTHONY VALLÉE

Residential and Commercial Real Estate Broker

RE/MAX DIRECT INC.

ABBAS SAAD

Residential and Commercial Real Estate Broker

RE/MAX DIRECT INC.

Once completed, the 20-unit (room) project has already been appraised at $4.6M by Proval, with an MLI Select (APH SELECT) Letter of Intent from the CMHC for financing.

20 rooms with their own private kitchens and bathrooms, but without individual electrical panels.

The current building is generating approximatively 65 000$ / year.

Strategic location in the heart of the Hull sector in Gatineau

Immediate proximity to downtown Ottawa

Quick access to major roadways and public transit

High-demand rental area

Property currently leased - immediate income

Ideal opportunity for investors or developers

Significant development potential

Accepted 20-room construction project

Approval obtained from the CCU (Urban Planning Advisory Committee)

All documentation available: plans, specifications, studies, and permits

Opportunity to quickly bring a real estate project to fruition

Dynamic neighborhood close to services, shops, and institutions
Year constructed 1907
Lot size 99' X 69' 3" irr.
Lot area 631.50 m²
Proximity Highway, Public transportation
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2026)

Lot assessment
$ 663,100
Building assessment
$ 179,400
Total
$ 842,500

Taxes

Municipal (2026)
$ 26,848
School (2025)
$ 706
Total
$ 27,554

Inclusions

All equipment necessary for the proper functioning of the PROPERTY and all furniture or appliances included in the leases. All plans, specifications, studies, permits, etc., for the construction of a 20-room project approved by the CCU.

Exclusions

Tenants' personal belongings, tools belonging to the owner or the superintendent.

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