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40 Rue Principale 4,192 SF Office Building Gatineau, QC J9H 3L1 $895,000 CAD ($213.50 CAD/SF) 7.37% Cap Rate
Investment Highlights
- Located in Old Aylmer near the Ottawa River, offering a highly desirable residential and commercial setting.
- Potential annual revenue of $66,000 supported by 10 to 12 on-site parking spaces and the included land plot 2 885 289.
- Features a diverse unit mix including residential apartments and a commercial space for flexible income opportunities.
- Expansion potential allows for future building enlargement to maximize returns and property value.
Executive Summary
Quadruplex located in the sought-after Vieux-Aylmer area, very close to the Ottawa River. Includes one 1 bedroom unit, one bachelor, one commercial 5 room office 1089 sq ft unit, and one two bedroom unit. This four-unit property offers a potential annual income of $66,000. There are 10 to 12 potential parking spaces. Building potential for expansion. GST/QST must be added to the asking price
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
4,192 SF
Building Class
B
Year Built
1958
Price
$895,000 CAD
Price Per SF
$213.50 CAD
Cap Rate
7.37%
NOI
$66,000 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,844 SF
Slab To Slab
8’
Building FAR
0.58
Lot Size
0.17 AC
Parking
11 Spaces (2.98 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
1 1
Moderately walkable
60/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
60/100
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40 Rue Principale
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