$750,000
New
ULS: 27698873
Triplex
for sale
301Z Rue Laramée, Gatineau (Hull) (Île de Hull)
Mixed-use building with 3 units located in a desirable area, offering an excellent combination of commercial and residential income. It includes a commercial space currently operating as a convenience store, with a net lease in effect until 2032 with an option to renew, as well as two residential units on the upper floor: a one-bedroom and a one-bedroom with an office. With a gross income multiplier (GIM) of approximately 11.5 to 12 times, this building represents an excellent investment opportunity. Contact us for more information or to schedule a visit.
Sale with exclusion(s) of legal warranty - See listing broker(s)
Property features
1
Bedroom
1
Bathroom
GABRIEL LÉTOURNEAU
Residential and Commercial Real Estate Broker
Addendum
Commercial Space:
- Currently rented for $3,008/month.
- Net commercial lease in effect until 2032, including an option to renew for an additional five (5) years.
- Annual rent increases indexed to the Consumer Price Index (CPI).
- The tenant is responsible for the following expenses: electricity, 60% of the building's gas bill, business insurance, interior and exterior maintenance, snow removal, and any expenses directly related to the operation of the business.
- The landlord is responsible for property taxes, building insurance, structural repairs, and 40% of the gas bill.
- Lease offering excellent income stability and limited operating expenses for the landlord.
Apartment 1 - 1 bedroom:
- Rented for $918.75/month, all inclusive.
Apartment 2 - 1 bedroom + office:
- Rented for $1,495/month.
- Tenant pays for electricity.
- Heating is included in the rent.
Income:
Total monthly gross income: $5,421.75
Annual gross income: $65,061
** Note: Approximately 50% of the purchase price is subject to GST/QST. A GST/QST-registered purchaser may benefit from a self-assessment mechanism that could eliminate the need to pay these taxes at closing, subject to eligibility. Buyers are encouraged to confirm the applicable procedure with their notary and accountant.
- Currently rented for $3,008/month.
- Net commercial lease in effect until 2032, including an option to renew for an additional five (5) years.
- Annual rent increases indexed to the Consumer Price Index (CPI).
- The tenant is responsible for the following expenses: electricity, 60% of the building's gas bill, business insurance, interior and exterior maintenance, snow removal, and any expenses directly related to the operation of the business.
- The landlord is responsible for property taxes, building insurance, structural repairs, and 40% of the gas bill.
- Lease offering excellent income stability and limited operating expenses for the landlord.
Apartment 1 - 1 bedroom:
- Rented for $918.75/month, all inclusive.
Apartment 2 - 1 bedroom + office:
- Rented for $1,495/month.
- Tenant pays for electricity.
- Heating is included in the rent.
Income:
Total monthly gross income: $5,421.75
Annual gross income: $65,061
** Note: Approximately 50% of the purchase price is subject to GST/QST. A GST/QST-registered purchaser may benefit from a self-assessment mechanism that could eliminate the need to pay these taxes at closing, subject to eligibility. Buyers are encouraged to confirm the applicable procedure with their notary and accountant.
Building details and property interior
Dimensions
37' 7" X 47' irr.
Year constructed
1901
Siding
Brick, Vinyl
Lot and exterior features
Lot size
41' X 100'
Lot area
380.90 m²
Distinctive Features
Street corner
Driveway
Asphalt
Proximity
Highway, Public transportation, University
Characteristics
Heating System
Forced air
Heating Energy
Natural gas
Property or unit amenity
Central air conditioning
Rented Equipment (monthly)
Water heater (1, 16)
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2026)
- Lot assessment
- $ 209,500
- Building assessment
- $ 283,200
- Total
- $ 492,700
Taxes
- Municipal (2026)
- $ 11,399
- School (2026)
- $ 369
- Total
- $ 11,768
Energy expenses
- Gas
- $ 500
- Total
- $ 500
Gross annual revenues (potential)
- Residential
- $ 28,956
- Commercial
- $ 36,096
- Total
- $ 65,052
Inclusions and exclusions
Inclusions
Unit No. 1: stove and refrigerator. Unit #2: stove, refrigerator, dishwasher, washer and dryer
Exclusions
The water heater is leased from Enbridge. The building's central air conditioner was replaced by the convenience store owner. Technically, it belongs to him and should therefore be excluded from the sale.
Mortgage payment calculator
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