$499,000 +GST/QST

Investment For Sale In Gatineau (Gatineau), Quebec

$499,000 +GST/QST

Property Information:

Mixed-use building, commercial and residential, ideal for an owner-occupied venture or an investor wishing to rent out both units. The main floor is currently a commercial space and the upstairs residential unit is occupied. Just one block from Rue St-Louis and minutes from the District des Promenades, this property offers ample parking, a large backyard, a bus stop right out front and a whole range of possibilities. Both units can be rapidely vacated.

Current zoning permits residential use only. At present, the convenience store on the first floor is an acquired right (Grandfathered right).

The derogatory use, or commercial space, may be replaced by another use in the 'Low-impact retail and services' category, with the exception of the 'Tourist residence - 5834' use.

Please note that the acquired right is lost when the commercial use ceases for more than 6 months.

Zoning list for Low-impact retail and Services is available.

Commercial square footage indicated is approximate.

Inclusions: Mural air conditioner in apartment.

Exclusions : All equipment and inventory belong to the business. Tempo

Building Features:

  • Style: Duplex
  • Driveway: Unpaved
  • Foundation: Concrete blocks
  • Parking: Driveway
  • Property or unit amenity: Wall-mounted air conditioning, Alarm system
  • Rented Equipment (monthly): Water heater, Alarm system
  • Roofing: Asphalt and gravel
  • Size: 24.3 x 28.1 Feet
  • Heating System: Electric baseboard units
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $18,000
  • Commercial: $30,000

Taxes:

  • Municipal Tax: $5,640
  • School Tax: $199
  • Annual Tax Amount: $5,839

Property Assessment:

  • Lot Assessment: $96,900
  • Building Assessment: $189,500
  • Total Assessment: $286,400

Property Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Built in: 1955
  • Irregular: Yes
  • Lot Depth: 76.6 Feet
  • Lot Frontage: 41.8 Feet
  • Zoning: COMM, RESI
  • No. of Parking Spaces: 3

Revenue Units:

  • Pieces 4
  • Bedrooms 2
  • Baths 1

Courtesy of: Royal LePage Tradition

Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.

Sold without legal warranty of quality, at the buyer's own risk.

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