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138 Rue Laval

8 Unit Block of Flats £882,655 (£110,332/Unit) 5.20% Net Initial Yield Gatineau, QC J8X 3H8

Investment Highlights

  • Located right in front of one of the largest parks on Hull , featuring a community pool, tennis court, and green spaces.
  • Not heated - Not lit - Hot water included.
  • Walking distance to government offices, universities, colleges, and the restaurants and bars on Promenade du Portage.
  • 8 refrigerators and stoves included.

Executive Summary

Discover this 8-unit, 1-bedroom apartment building located in downtown Hull, just 3 minutes from Ottawa. Generating over $118,000 in gross annual income with excellent financial ratios, this property is a top investment choice. Close to government offices, universities, schools, hospitals, and shops. A rare opportunity in a highly sought-after area. Possibility to rent furnished units month-to-month to further optimize revenue

Property Facts

Price £882,655
Price Per Unit £110,332
Sale Type Investment
Net Initial Yield 5.20%
No. Units 8
Property Type Residential
Property Subtype Apartment
Lot Size 0.08 AC
Building Size 2,806 SF
Number of Floors 2
Year Built 1870
Walk Score ®
Walker's Paradise (94)
Transit Score ®
Excellent Transit (70)
Bike Score ®
Biker's Paradise (99)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 33968857

  • Date on Market: 22/11/2024

  • Last Updated:

  • Address: 138 Rue Laval, Gatineau, QC J8X 3H8

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