Photo Main Photo of the property
$1,459,000
New
ULS: 11240519

Quadruplex for sale
303 Rue Champlain, Gatineau (Hull) (Île de Hull)

Exceptional fourplex in Hull's most sought-after area, steps from Alexandra Bridge, Jacques-Cartier Park and ByWard Market. Well-maintained 2004 construction featuring one 3-bedroom unit with garage, two 2-bedroom units, and one 1-bedroom unit. Brick, concrete stone and pressed fibre exterior, six wall-mounted heat pumps, fiberglass stairs and balconies, fenced yard with synthetic grass. A true investment opportunity with strong Gross Rent Multiplier and potential conversion to 6 units. $105,360 annual income.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Living area 336.10 m²

Property features

3 Bedrooms
2 Bathrooms
Welcome to 303 Rue Champlain, an exceptional fourplex ideally located in one of Hull's most prestigious and sought-after neighbourhoods. Steps from Jacques-Cartier Park, Alexandra Bridge, and minutes from downtown Ottawa and ByWard Market, this property offers a rare investment opportunity in a prime location.

Built in 2004, the building stands out for its solid construction and meticulous maintenance over the years. The brick, concrete stone, and pressed fibre façade ensures durability, low maintenance, and a clean modern appearance.

The building features four spacious units:

One 3-bedroom unit on two levels with garage
Two 2-bedroom units
One 1-bedroom unit

The large units also offer future flexibility, with potential conversion into 6 units, subject to municipal approval.

Each unit includes washer/dryer hookups, PVC windows and doors, and a mix of ceramic and floating floors. Comfort is ensured year-round with six wall-mounted heat pumps.

Fiberglass exterior staircases and balconies provide durability and minimal maintenance. The property also includes an architectural shingle roof, paved parking, and a fenced yard with synthetic grass.

Generating $105,360 in annual income, this property represents a true market opportunity. Its strong Gross Rent Multiplier (GRM) makes it highly attractive to investors seeking performance and stability.

Sold fully furnished and equipped, this turnkey investment is ready for immediate income generation. The level of care and maintenance reflects pride of ownership throughout.

In summary, 303 Rue Champlain is a rare opportunity combining strategic location, quality construction, and strong income with long-term optimization potential.
Dimensions 67' 5" X 30' 4"
Year constructed 2004
Living area 336.10 m²
Windows PVC
Window Type Casement
Siding Brick, Concrete stone, Pressed fibre
Roofing Asphalt shingles
Dividing Floor Wood
Garage Single width, Built-in
Kitchen Cabinets Wood
Basement Outdoor entrance
Lot size 99' 4" X 55' 5" irr.
Lot area 471.50 m²
Topography Uneven, Flat
View View of the city
Driveway Asphalt
Parking (total) Garage (1), Driveway (2)
Proximity Park, Bicycle path, Elementary school, High school, Cross-country skiing, Public transportation, University, Daycare centre, CEGEP, Golf, Highway, Hospital

Unit 1 (Monthly residential revenue)

Hall
Level: 1st level/Ground floor
Dimensions: 8'10" X 4'8"
Flooring: Ceramic
Details:
Living room
Level: 2nd level
Dimensions: 21'2" X 15'8"
Flooring: Laminate floor
Details:
Dining room
Level: 2nd level
Dimensions: 11'2" X 9'6"
Flooring: Laminate floor
Details:
Kitchen
Level: 2nd level
Dimensions: 11'2" X 9'0"
Flooring: Ceramic
Details:
Bathroom
Level: 2nd level
Dimensions: 9'2" X 5'0"
Flooring: Ceramic
Details:
Bedroom
Level: 2nd level
Dimensions: 12'4" X 11'4"
Flooring: Laminate floor
Details:
Bedroom
Level: 3rd level
Dimensions: 17'6" X 11'0"
Flooring: Laminate floor
Details:
Primary bedroom
Level: 3rd level
Dimensions: 20'8" X 13'0"
Flooring: Laminate floor
Details:
Bathroom
Level: 3rd level
Dimensions: 11'2" X 11'2"
Flooring: Ceramic
Details:
Walk-in closet
Level: 3rd level
Dimensions: 11'2" X 7'8"
Flooring: Laminate floor
Details:

Unit 2 (Monthly residential revenue)

Living room
Level: 2nd level
Dimensions: 21'2" X 12'8"
Flooring: Laminate floor
Details:
Dining room
Level: 2nd level
Dimensions: 11'0" X 9'10"
Flooring: Laminate floor
Details:
Kitchen
Level: 2nd level
Dimensions: 11'0" X 9'2"
Flooring: Ceramic
Details:
Bathroom
Level: 2nd level
Dimensions: 9'2" X 5'0"
Flooring: Ceramic
Details:
Bedroom
Level: 2nd level
Dimensions: 12'2" X 11'8"
Flooring: Laminate floor
Details:
Primary bedroom
Level: 3rd level
Dimensions: 32'2" X 24'10"
Flooring: Laminate floor
Details:
Bathroom
Level: 3rd level
Dimensions: 9'0" X 5'2"
Flooring: Ceramic
Details:

Unit 3 (Monthly residential revenue)

Hall
Level: 1st level/Ground floor
Dimensions: 6'8" X 3'6"
Flooring: Ceramic
Details:
Living room
Level: 1st level/Ground floor
Dimensions: 15'4" X 11'0"
Flooring: Laminate floor
Details:
Dining room
Level: 1st level/Ground floor
Dimensions: 14'2" X 12'8"
Flooring: Laminate floor
Details:
Kitchen
Level: 1st level/Ground floor
Dimensions: 9'0" X 6'4"
Flooring: Ceramic
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 11'6" X 12'0"
Flooring: Laminate floor
Details:
Bathroom
Level: 1st level/Ground floor
Dimensions: 9'2" X 4'8"
Flooring: Ceramic
Details:
Primary bedroom
Level: 1st level/Ground floor
Dimensions: 11'6" X 11'0"
Flooring: Laminate floor
Details:

Unit 4 (Monthly residential revenue)

Hall
Level: 1st level/Ground floor
Dimensions: 6'0" X 4'0"
Flooring: Ceramic
Details:
Living room
Level: 1st level/Ground floor
Dimensions: 14'6" X 10'0"
Flooring: Laminate floor
Details:
Dining room
Level: 1st level/Ground floor
Dimensions: 12'4" X 5'5"
Flooring: Laminate floor
Details:
Kitchen
Level: 1st level/Ground floor
Dimensions: 8'6" X 8'2"
Flooring: Ceramic
Details:
Bedroom
Level: 1st level/Ground floor
Dimensions: 12'4" X 12'4"
Flooring: Laminate floor
Details:
Bathroom
Level: 1st level/Ground floor
Dimensions: 7'10" X 5'2"
Flooring: Ceramic
Details:
Laundry room
Level: 1st level/Ground floor
Dimensions: 6'8" X 5'6"
Flooring: Ceramic
Details:
Heating System Electric baseboard units
Heating Energy Electricity
Property or unit amenity Fire detector (N), Air exchange system, Wall-mounted heat pump
Water Supply Municipality
Sewage System Municipality

Financial details

Municipal assessment (2026)

Lot assessment
$ 495,100
Building assessment
$ 879,400
Total
$ 1,374,500

Taxes

Municipal (2026)
$ 12,314
School (2025)
$ 950
Total
$ 13,264

Annual expenses

Insurance
$ 2,600
Other
$ 1,300
Snow removal
$ 600
Garbage
$ 400
Total
$ 4,900

Energy expenses

Electricity
$ 2,200
Total
$ 2,200

Gross annual revenues (potential)

Residential
$ 105,360
Total
$ 105,360

Inclusions

See Appendix AG-05474.

Desjardins

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