$1,900,000 +GST/QST
New
ULS: 16229862
16+-Plex
for sale
111 - 113 Rue Champlain, Gatineau (Hull) (Île de Hull)
Ideally located in the heart of Hull, this property offers a strategic location close to amenities, major roadways, government institutions and downtown Ottawa. Excellent development potential: the sellers have all documents required for a 20-room project, including plans, specifications, studies and permits, already approved by the CCU. Also, ideal for professional offices (lawyer, notary, etc.), or to remain as a rooming house with some updates. A rare and versatile opportunity for an investor or developer.
Addendum
*** BUILDING PERMIT IN HAND ***
*** PHASES 1 & 2 AVAILABLE AND FULLY COMPLIANT ***
Once completed, the 20-room project has already been appraised at $4.6M by Proval, with a letter of intent from CMHC for APH Select financing.
20 rooms, each with its own kitchen and bathroom, but without individual electrical panels
Immediate proximity to Downtown Ottawa
Quick access to major roadways and public transportation
Located in a high-demand rental market
Vacant building
Ideal opportunity for an investor or developer
Significant development potential
Approved project for the construction of 20 rooms
Approval obtained from the CCU (Urban Planning Advisory Committee)
All documentation available, including plans, specifications, studies, and permits
Opportunity to move forward with the real estate development quickly
Dynamic neighborhood close to services, shops, and major institutions
*** PHASES 1 & 2 AVAILABLE AND FULLY COMPLIANT ***
Once completed, the 20-room project has already been appraised at $4.6M by Proval, with a letter of intent from CMHC for APH Select financing.
20 rooms, each with its own kitchen and bathroom, but without individual electrical panels
Immediate proximity to Downtown Ottawa
Quick access to major roadways and public transportation
Located in a high-demand rental market
Vacant building
Ideal opportunity for an investor or developer
Significant development potential
Approved project for the construction of 20 rooms
Approval obtained from the CCU (Urban Planning Advisory Committee)
All documentation available, including plans, specifications, studies, and permits
Opportunity to move forward with the real estate development quickly
Dynamic neighborhood close to services, shops, and major institutions
Building details and property interior
Year constructed
1907
Windows
Wood, Aluminum
Window Type
Guillotine
Siding
Vinyl, Brick
Roofing
Asphalt shingles, Elastomeric membrane
Dividing Floor
Wood
Basement
6 feet and more
Lot and exterior features
Lot size
99' X 69' 3" irr.
Lot area
631.50 m²
Topography
Flat
Distinctive Features
Street corner
Driveway
Asphalt
Parking (total)
Driveway (18)
Proximity
Park, Bicycle path, Elementary school, High school, Public transportation, Daycare centre, Highway
Characteristics
Heating System
Forced air, Electric baseboard units
Heating Energy
Electricity
Water Supply
Municipality
Sewage System
Municipality
Environmental Study
Phase 1 (2024, 09)
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
Gross annual revenues (potential)
- Residential
- $ 158,400
- Parking
- $ 54,000
- Total
- $ 212,400
Inclusions and exclusions
Inclusions
Any equipment necessary for the proper operation of the PROPERTY, as well as any furniture or appliances included in the leases. All plans, specifications, studies, reports, permits, authorizations, technical documents and other relevant documentation relating to the development and construction of the 20-room project, as approved by the Urban Planning Advisory Committee (CCU).
Exclusions
Tenants' personal belongings, tools belonging to the owner or the superintendent.
Mortgage payment calculator
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