WOW! Unique opportunity! 6-unit building, each unit offering 3 bedrooms and approximately 1,400 sq. ft. of living space. Well maintained, this property presents significant potential for optimization to increase its profitability. The potential annual income is $102,924. Two units will become vacant in 2026, offering an excellent opportunity to adjust rents to market levels or renovate. The property sits on a huge lot of over one acre, featuring an outdoor shed, large backyard, and a strategic location only 15 minutes from downtown Gatineau, close to schools, parks, and grocery stores.
1180 rue de Neuville - Residential building -- 6 units
Property
* 6-unit residential building * Each unit offers 3 bedrooms * Approximate living area of 1,400 sq. ft. per unit * Well-maintained building
Income and potential
* Potential annual income: $102,924 * Strong potential for rental optimization * Two units expected to become vacant in 2026 * Opportunity to adjust rents to market levels or renovate units
Land and exterior
* Lot of over one acre * Large backyard * Exterior storage shed included
Location
* Approximately 15 minutes from downtown Gatineau * Close to schools * Close to parks * Close to grocery stores
Building details and property interior
Dimensions
52' 2" X 54' 3" irr.
Year constructed
1997
Living area
795.70 m²
Windows
PVC
Window Type
Casement
Siding
Brick, Vinyl
Roofing
Asphalt shingles
Lot and exterior features
Lot area
4,861.10 m²
Topography
Flat
Driveway
Unpaved
Parking (total)
Driveway (12)
Proximity
Park, Bicycle path, Daycare centre, Public transportation, Highway, Elementary school
Characteristics
Heating System
Electric baseboard units
Heating Energy
Electricity
Property or unit amenity
Air exchange system
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2025)
Lot assessment
$ 332,800
Building assessment
$ 651,800
Total
$ 984,600
Taxes
Municipal
(2025)
$ 9,827
School
(2025)
$ 715
Total
$ 10,542
Annual expenses
Insurance
$ 2,940
Snow removal
$ 1,287
Total
$ 4,227
Gross annual revenues (potential)
Residential
$ 102,924
Total
$ 102,924
Inclusions and exclusions
Inclusions
6 X Hot water tank
Exclusions
Tenant's personal effects, Beige shed (belongs to tenant 4)