For Sale

$449,900

222 Rue Montcalm , Gatineau (Hull), QC J8Y3B8

2 Beds 1 Baths

Remarks

Investors here is a great opportunity ! Commercial and residential duplex located in a sough after area in HULL. Close to all services and only 2 minutes from Ottawa. Commercial lower unit rented until December 31st 2025 to a barber with a well-established clientele, this space includes an open space, 2 bathrooms and a kitchen, (could be transformed into a residential unit), residential upper unit of 2 bedrooms rented with good tenant. The 2 units are rented without utilities. Possibility of operating Airbnb-type short-term rentals.

* Commercial and residential duplex.

* Lower commercial unit rented $1529.60 per month + Gst/Qst until December 31st 2025 with extension until 2030 with rent increase of 4% per year. no utilities included.

* Upstairs residential unit of 2 bedrooms currently rented 1 100$ per month to a good tenant until January 31st 2024, no utilities included.

* Possibility of operating Airbnb-type short-term rentals.

* Possibility of converting the building into residential only or all commercial.

* Located in a sought after central area of Hull close to all services.

* Only 2 minutes from Ottawa.

* Public transport accessible a few steps away from the building.

Inclusions:

Upper unit: curtain rods, curtains, blinds. Lower unit: Furnace, central air conditioning, alarm system (at the expense of the tenant).

Exclusions:

2 hot water tank rented are both at the tenants expenses.(upper unit rented from Hydro-solution, lower unit rented from Gazifère), all goods and personnal belongings of the commercial unit (lower unit).

Property Summary

  • Neighbourhood: Lac des Fées, Wrightville
  • Lot Assessment: $105,600.00
  • Building Assessment: $132,000.00
  • Total Assessment: $237,600.00
  • Assessment Year: 2023
  • Municipal Tax: $5,654.00
  • School Tax: $209.00
  • Annual Tax Amount: $5,863.00 (2023)
  • Lot Frontage: 6.1 Metre
  • Lot Depth: 18.98 Metre
  • Lot Size: 182.5 Square Metres
  • Building Width: 16.27 Metre
  • Building Depth: 5.56 Metre
  • No. of Parking Spaces: 3
  • Built in: 1944
  • Bedrooms: 2
  • Bathrooms (Total): 1
  • Zoning: COMM, RESI

Building Features:

  • Heating System:
    Forced air , Electric baseboard units
  • Water Supply:
    Municipality
  • Heating Energy:
    Electricity , Natural gas
  • Foundation:
    Poured concrete , Concrete blocks
  • Proximity:
    Highway , CEGEP , Daycare centre , Hospital , Park , Bicycle path , Elementary school , High school , Cross-country skiing , Public transportation , University
  • Siding:
    Aggregate , Stucco
  • Basement:
    Crawl space
  • Parking:
    Driveway
  • Sewage System:
    Municipality
  • Roofing:
    Elastomeric membrane , Sheet metal
  • Topography:
    Flat

Revenue Units

  • Potential gross revenue: Residential
    $13,200.00
  • Potential gross revenue: Commercial
    $18,348.00
  • Potential gross revenue: Date
    01-19-2023

Revenue Units

  • Pieces: 4 Bedrooms: 2 Bathrooms: 1 Potential Monthly Revenue: $0.00
  • Potential Monthly Revenue: $0.00
Lifestyle
Neighbourhood Info
Agent

Roxanne Martineau

Courtier Immobilier

Phone: 819.561.0223

Cell: 819.351.3067

Home Fax: 819.893.0553

Get More Info