Photo Main Photo of the property
$2,300,000
New
ULS: 9676774

5-6-7-Plex for sale
197 Rue Nancy-Elliott, Gatineau (Aylmer) (Lakeview)

Seven-unit income property, built in 2020, offering an excellent investment opportunity with annual income of $134,700. This recently constructed building features a modern design, up-to-date amenities, and low maintenance costs, ensuring simple and efficient management. Ideally located across from a school, near a daycare, a park, and public transportation, the building benefits from a highly desirable location, fostering strong tenant stability.
Living area 629.10 m²

Property features

2 Bedrooms
1 Bathroom

JIMMY ARSENEAULT

Residential and Commercial Real Estate Broker

RE/MAX VISION INC.

- 2 x 1 bedroom units
- 4 x 2 bedroom units
- 1 x 3 bedroom unit
- All units rented without heat or electricity
- Contemporary style
- Open concept layout
- 7 x wall-mounted air conditioners
- Modern kitchen
- 9 parking spaces
- 7 storage sheds
- Fiberglass/aluminum balconies
- Close to elementary school and daycare
- Income upon occupancy with parking: $134,700
Year constructed 2020
Living area 629.10 m²
Window Type Sliding, Casement, French door
Siding Brick, Vinyl
Roofing Asphalt shingles
Lot size 26' 3" X 457' 1"
Lot area 1,116 m²
Topography Flat
Driveway Asphalt
Proximity Golf, Park, Bicycle path, Elementary school, High school, Public transportation, Daycare centre
Heating System Electric baseboard units
Heating Energy Electricity
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2025)

Lot assessment
$ 546,800
Building assessment
$ 1,039,100
Total
$ 1,585,900

Taxes

Municipal (2025)
$ 16,094
School (2025)
$ 1,172
Total
$ 17,266

Annual expenses

Insurance
$ 2,244
Common expenses
$ 2,781
Total
$ 5,025

Gross annual revenues (potential)

Residential
$ 134,700
Total
$ 134,700

Inclusions

7 Dishwasher, 4 fridge, 4 stove, 4 washer, 4 dryer, 7 air-conditioning, 7 water-heater

Exclusions

Rented to 3rd party 2 rented fridge, 2 rented stove, 2 rented washer, 2 rented dryer. Tenant from app 1: fridge, stove, washer, dryer

Desjardins

Mortgage payment calculator

$
$
$
%

Learn more about this property's neighbourhood

The sector in a few statistics

What you need to know about real estate