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173 - 179 Rue du Progrès, Gatineau (Masson-Angers), QC, J8M 1T2

MLS® # 19394014
Investment For Sale In Gatineau (Masson-Angers), Quebec
$724,900
Frontage - 173  - 179 Rue Du Progrès, Gatineau (Masson-Angers), QC - Outdoor
Frontage - 173  - 179 Rue Du Progrès, Gatineau (Masson-Angers), QC  - Outdoor
Frontage - 173  - 179 Rue Du Progrès, Gatineau (Masson-Angers), QC  - Outdoor
Back facade - 173  - 179 Rue Du Progrès, Gatineau (Masson-Angers), QC  - Outdoor
Kitchen - 173  - 179 Rue Du Progrès, Gatineau (Masson-Angers), QC  - Indoor Photo Showing Kitchen
Other - 173  - 179 Rue Du Progrès, Gatineau (Masson-Angers), QC - Indoor Photo Showing Other Room

Home Insurance - TD Insurance

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173 - 179 Rue du Progrès, Gatineau (Masson-Angers), QC, J8M 1T2
$724,900

Property Information:

Opportunity of investment in Masson-Angers ! four plex, offering 4 rental units all renovated in 2021. Includes 2 apartments with 2 bedrooms and 1 bathroom, as well as 2 apartments with 1 bedroom and 1 bathroom. All 4 units are rented without utilities, and each has its own washer and dryer facilities. Located on a corner lot with plenty of parking. Detached garage is ideal for personal storage or could be rented. Sought-after location, close to all services and amenities. Ideal for maximizing your real estate investment.

Quadruplex
- 2 units with 2 bedrooms and 1 bathroom.
- 2 units with 1 bedroom and 1 bathroom.
- All rented without heating and no utilities.
- Detached single garage that could be rented if needed.
- Large parking for several cars.
- Located on a corner lot near all services and amenities.
- Only 15 minutes from downtown Gatineau.
- 2 minutes from the highway exit.

Several renovations were carried out in 2021, including:
- Roof shingles.
- 4 unit doors and windows.
- Exterior vinyl siding.
- Floor covering in all 4 units.
- Kitchens and bathrooms in all 4 units.
- Front and back patio.
- Electrical panels of 4 units.

Inclusions: 3 hot-water tanks, washer and dryer in unit 179, microwaves in all 4 units, dehumidifier in crawl space.

Exclusions : 1 water heater rented from hydro-solution. All tenants' furniture and personal effects.

Building Features:

  • Style: Fourplex
  • Basement: 6 feet and more, Crawl space
  • Bathroom: Separate shower
  • Distinctive Features: Street corner
  • Foundation: Concrete blocks
  • Garage: Detached
  • Kitchen Cabinets: Melamine
  • Parking: Garage
  • Proximity: Highway, Daycare centre, Elementary school, Public transportation
  • Rented Equipment (monthly): Water heater
  • Roofing: Asphalt shingles
  • Siding: Vinyl
  • Size: 131.9 x 171.5 Feet
  • Topography: Flat
  • Windows: PVC
  • Heating System: Electric baseboard units
  • Heating Energy: Electricity
  • Water Supply: Municipality
  • Sewage System: Municipality

Potential Gross Revenue:

  • Residential: $50,280

Taxes:

  • Municipal Tax: $4,444
  • School Tax: $320
  • Annual Tax Amount: $4,764

Expenses:

  • Equipment Rental: $180
  • Electric: $922

Property Assessemnt:

  • Lot Assessment: $125,900
  • Building Assessment: $352,100
  • Total Assessment: $478,000

Property Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Built in: 1933
  • Floor Space (approx): 2559.6 Square Feet
  • Lot Depth: 236.3 Feet
  • Lot Frontage: 427.6 Feet
  • Lot Size: 8470.10 Square Feet
  • Zoning: RESI
  • No. of Parking Spaces: 1

Revenue Units:

Unit 1

  • Pieces 4
  • Bedrooms 2
  • Baths 1

Unit 2

  • Pieces 4
  • Bedrooms 2
  • Baths 1

Unit 3

  • Pieces 3
  • Bedrooms 1
  • Baths 1

Unit 4

  • Pieces 3
  • Bedrooms 1
  • Baths 1

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.

Location of 173 - 179 Rue du Progrès, Gatineau (Masson-Angers), QC, J8M 1T2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 173 - 179 Rue du Progrès , experiences 7 hot days per year at around 30.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.9℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

67/100

Moderate-High

ClimateCheck®

Current data

This property, 173 - 179 Rue du Progrès , experiences 11 significant 2-day storms per year, with about 332.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 427.8mm of precipitation per year.

Precipitation Per Storm

Past
332.6mm
2050
427.8mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 173 - 179 Rue du Progrès, Gatineau (Masson-Angers), QC, J8M 1T2

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$105,369.84

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

24.09 %

High school certificate or equivalent

22.97 %

Apprenticeship trade certificate/diploma

23.54 %

College/non-university certificate

20.57 %

University certificate (below bachelor)

0.1 %

University Degree

8.72 %

Commuter

Travel To Work

By Car

87.61 %

By Public Transit

2.73 %

By Walking

3.13 %

By Bicycle

0.0 %

By Other Methods

6.53 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

20.26 %

Houses

79.74 %

Own Vs. Rent