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Cité-des-Jeunes, Gatineau
194 residential units, 3 commercial units
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Overview
Revenue
Financing
Documents
Photos
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Download PDF
Contact Us
Back to List
Overview
Revenue
Financing
Documents
Photos
View on map
Cité-des-Jeunes, Gatineau
194 residential units, 3 commercial units
Description
Residential
0
30
104
60
0
0
194
3
Financial Overview
Revenue
1,816,443$
Cost per Unit
91,495$
Cap. Rate
4.98 %
GRM
9.77
NRM
20.04
Return on Cash Flow
7.75 %
Return on Investment
18.90 %
Municipal Evaluation
Previous Assessment
2015-2017
13,006,300$
Land
2018-2020
4,587,300$
Building
2018-2020
9,874,400$
Total
2018-2020
14,461,700$
Highlights
- Residential concrete high-rise building consisting of 194 units
- Renovations: brick work, elevators, balconies, many windows, doors
- Centrally located 10 minutes from downtown Ottawa
- Good management in place
- Close to the UQO and University of Ottawa
- Great quality of tenants
- Near Les Galeries de Hull shopping center
- Excellent potential to increase rents
- Near casino, hospital, schools, public transports and services
- Possibility to build a new 10-story condo tower on existing land
- Many major renovation have been done in recent years
- Amazing investment opportunity with lots of upside
Residential
Studio
1 ½
0
Alcove
2 ½
30
1 bdrm
3 ½
104
2 bdrm
4 ½
60
3 bdrm
5 ½
0
4 bdrm +
6 ½ +
0
Commercial
Commercial
3
Parking
Parking
200
Garage
100
Storage
0
Location
Main Artery
Saint-Raymond blvd.
Intersection
Moussette blvd.
Shopping Center
Galeries de Hull
Metro Station
Bus
33, 49, 50 ,56 ,64, 533, 749
Attraction
Gatineau Park
Hospital
Hull Hospital
School
UQO, Ottawa University
Heating
Energy Source
Electricity
Heating Type
Hot Water
Responsibility
Owner
Heating Hot Water
Energy Source
Natural Gas
Responsibility
Owner
Water Tank
General Information
Zoning
Residential
Cadastral
1342387
Building Type
Detached
Floor Nb.
15
Year Built
1974
Lot Area
10922
Building Area
0
Stove
As per leases
Refrigerator
As per leases
Washer
Owner
Dryer
Owner
Elevator
2 elevators
Wash/Dry Hookups
Laundry room
Dishwasher Hookups
Pool
Furnished
AC units
Basement
Fireplace
Intercom
Building Overview
Roof
Windows
Balconies
Exterior Walls
Electricity
Plumbing
Heating System
Hot Water Tanks
Elevator
Garage
Bathrooms
Kitchens
Certificate of Location
Hugues St-Pierre - 1998-08-04
Envrionmental Report
Notes
Top
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