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$589,000 +GST/QST
New
ULS: 18454149

Two or more storey house for sale
579Z Rue Notre-Dame, Gatineau (Gatineau) (Notre-Dame, Côté ville)

Investment opportunity at 579 Notre-Dame, Gatineau! Mixed-use building with official dual zoning (commercial/residential). The ground-floor convenience store is operated by the owner, who is ready to sign a 5+5 Triple Net (NNN) lease (rent and conditions to be negotiated). The upper floor features a spacious residential apartment. Sale of the building only (business assets excluded, but open to direct discussion with the owner). Sale is taxable in part. See addendum for full details.
Number of rooms 4

Property features

2 Bedrooms
1 Bathroom

DAVID PAREANEN

Residential and Commercial Real Estate Broker

RE/MAX DIRECT INC.

FRANÇOIS PAREANEN

Residential Real Estate Broker

RE/MAX DIRECT INC.

ROBI PAREANEN

Residential Real Estate Broker

RE/MAX DIRECT INC.

-The Buyer acknowledges that the property is of mixed-use (commercial and residential). Consequently, the sale is subject to GST and QST only on the commercial portion of the building (the convenience store). The residential portion (the apartment) is exempt from taxes. The exact proportion of the commercial and residential portions for the purpose of tax calculation to be paid by the Buyer will be established according to the City of Gatineau tax bills or, failing that, by a chartered appraiser mutually agreed upon by both parties, at the Buyer's expense.

-The Buyer acknowledges and accepts that the convenience store on the ground floor is currently operated by the Seller. The Seller commits to signing, at the signing of the deed of sale, a Triple Net (NNN) commercial lease for a duration of five (5) years, with an option to renew for an additional five (5) years (5+5 formula). The initial rent amount and all terms of said lease shall be negotiated in good faith and agreed upon in writing to the full satisfaction of both the Buyer and the Seller within fourteen (14) days following the acceptance of a promise to purchase, failing which the present agreement shall become null and void.

-The present sale includes only the immovable property (building and land) and explicitly excludes the business assets, equipment, operating permits, and inventory of the convenience store. Should the Buyer wish to purchase the business assets, this transaction shall be subject to a separate negotiation and contract concluded directly between the Buyer and the Seller, without the responsibility or involvement of the listing broker.

-The Seller declares that the property benefits from a dual zoning (commercial for the ground floor and residential for the upper floor) fully compliant with the City of Gatineau. The Buyer assumes sole responsibility for verifying with the competent authorities that their intended use of the property complies with current municipal zoning regulations.
Dimensions 38' 5" X 25' irr.
Year constructed 1946
Windows PVC
Siding Vinyl, Stucco
Roofing Asphalt shingles
Washer/Dryer (installation) laundry room (2)
Basement Low (less than 6 feet), Unfinished
Renovations Basement (2021, 120000)
Lot size 50' X 100'
Lot area 494.40 m²
Topography Flat
Driveway Unpaved
Parking (total) Driveway (6)
Bedroom
Level: 2nd level
Dimensions: 7'5" X 11'0"
Flooring: Laminate floor
Details:
Bedroom
Level: 2nd level
Dimensions: 14'7" X 7'6"
Flooring: Laminate floor
Details:
Kitchen
Level: 2nd level
Dimensions: 9'4" X 18'8"
Flooring: Flexible floor coverings
Details:
Dining room
Level: 2nd level
Dimensions: 7'6" X 11'2"
Flooring: Laminate floor
Details:
Living room
Level: 2nd level
Dimensions: 11'0" X 13'7"
Flooring: Laminate floor
Details:
Laundry room
Level: 2nd level
Dimensions: 7'6" X 4'2"
Flooring: Flexible floor coverings
Details:
Bathroom
Level: 2nd level
Dimensions: 5'6" X 7'9"
Flooring: Flexible floor coverings
Details:
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2026)

Lot assessment
$ 236,600
Building assessment
$ 181,900
Total
$ 418,500

Taxes

Municipal (2026)
$ 9,298
School (2026)
$ 304
Total
$ 9,602

Exclusions

All inventory, merchandise, equipment, machinery, and business assets of the convenience store belonging to the current owner.

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