$595,000
ULS: 18303738
Duplex
for sale
8 Rue René-Roger, Gatineau (Hull) (Saint-Jean-Bosco)
Cash-flowing duplex generating $3,515/month with approved permit to convert into a triplex. Project already advanced with architectural plans, plumbing completed to code, basement ready for concrete slab, and third electrical meter installed. Ideal for investors looking to finish the project and increase value. Prime location walking distance to UQO, near Ottawa, shops, and transit. Stable tenants in place. Strong upside with third unit and potential for additional rental parking.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area
2,000 ft²
Property features
3
Bedrooms
1
Bathroom
SOULEYMANE HAYDARA
Residential Real Estate Broker
TERRENCE WATTERS
Residential Real Estate Broker
Addendum
BRRR Opportunity -- Duplex with Approved Triplex Conversion
8 René-Roger Street, Gatineau
This is a rare BRRR opportunity (Buy, Renovate, Rent, Refinance) in a highly strategic Gatineau location.
The property is ideal for an investor looking to acquire a cash-flowing asset, complete an already well-advanced project, and refinance at a higher value.
This duplex already produces strong income while offering a clear and structured path to convert into a triplex.
*
Project Already in Place
*
City-approved renovation permit to add a basement unit
Official conversion from 2 units to 3 units planned
Full architectural plans already completed
Approx. 700 sq ft basement unit ready for development
Plumbing work already completed to code
Basement floor prepared for concrete slab
Third electrical meter already installed
Clear value-add plan already established
*
The seller originally intended to complete the project but does not have the time to finish it, giving the next investor a major head start.
*
*
Current Income
*
Main unit (student rental by bedroom)
$675 / month
$620 / month
$620 / month
Upper unit (family)
$1,600 / month
Total income $3,515 / month
Property is already stabilized with reliable tenants.
*
BRRR Strategy
*
Buy a cash-flowing asset
Renovate using approved plans and permits
Increase income with a third unit
Refinance at a higher valuation
*
Additional Upside
*
Potential to add rentable parking spaces in the back
Strong rental demand due to proximity to UQO and Ottawa
Ideal for student housing or long-term rental optimization
*
Prime Location
*
Walking distance to UQO
Minutes from Ottawa
Close to all services, shops, and public transit
*
A perfect opportunity for investors looking to execute a BRRR strategy with a project that is already significantly de-risked.
8 René-Roger Street, Gatineau
This is a rare BRRR opportunity (Buy, Renovate, Rent, Refinance) in a highly strategic Gatineau location.
The property is ideal for an investor looking to acquire a cash-flowing asset, complete an already well-advanced project, and refinance at a higher value.
This duplex already produces strong income while offering a clear and structured path to convert into a triplex.
*
Project Already in Place
*
City-approved renovation permit to add a basement unit
Official conversion from 2 units to 3 units planned
Full architectural plans already completed
Approx. 700 sq ft basement unit ready for development
Plumbing work already completed to code
Basement floor prepared for concrete slab
Third electrical meter already installed
Clear value-add plan already established
*
The seller originally intended to complete the project but does not have the time to finish it, giving the next investor a major head start.
*
*
Current Income
*
Main unit (student rental by bedroom)
$675 / month
$620 / month
$620 / month
Upper unit (family)
$1,600 / month
Total income $3,515 / month
Property is already stabilized with reliable tenants.
*
BRRR Strategy
*
Buy a cash-flowing asset
Renovate using approved plans and permits
Increase income with a third unit
Refinance at a higher valuation
*
Additional Upside
*
Potential to add rentable parking spaces in the back
Strong rental demand due to proximity to UQO and Ottawa
Ideal for student housing or long-term rental optimization
*
Prime Location
*
Walking distance to UQO
Minutes from Ottawa
Close to all services, shops, and public transit
*
A perfect opportunity for investors looking to execute a BRRR strategy with a project that is already significantly de-risked.
Building details and property interior
Year constructed
1930
Living area
2,000 ft²
Windows
Wood, PVC
Window Type
Sliding, Casement
Siding
Brick
Roofing
Asphalt shingles
Dividing Floor
Wood
Kitchen Cabinets
Melamine
Basement
6 feet and more
Lot and exterior features
Parking (total)
Driveway (2)
Proximity
CEGEP, Daycare centre, Golf, Hospital, Park, Bicycle path, Elementary school, Highway, High school, Cross-country skiing, Snowmobile trail, ATV trail, Public transportation, University, Alpine skiing
Characteristics
Heating System
Convection baseboards
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2022)
- Lot assessment
- $ 118,800
- Building assessment
- $ 382,900
- Total
- $ 501,700
Taxes
- Municipal (2026)
- $ 4,367
- School (2025)
- $ 326
- Total
- $ 4,693
Gross annual revenues (potential)
- Residential
- $ 42,180
- Total
- $ 42,180
Inclusions and exclusions
Inclusions
2x refrigerators, 2x ovens, 1 washer, 1 dryer, 1 superimposed washer-dryer. the furniture in the apartment rented by the room.
Mortgage payment calculator
$
$
$
%