129 Boul. St Joseph, Gatineau (Hull), QC J8Y

$1,099,900

0 Bedrooms
0 Bathrooms
1905
MLS: 23014977

Description

UNIQUE OPPORTUNITY! Highly profitable 5-unit semi-commercial building, 8.4x gross income, located in Hull, just minutes from Ottawa. Ideal for investors or owner-occupiers looking for solid cash flow. Comprising 2 residential units and 3 commercial spaces, it generates over $130,000 per year. Over $40,000 in recent renovations: upgraded units, new roof, furnace, partially redone plumbing. Strategic location on St-Joseph Blvd. offering maximum visibility, constant traffic and flexible zoning. For a private viewing or more information, contact Jonathan Lamirande at 819-303-1809!

WOW! Five-unit semi-commercial building offering
exceptional returns and strong growth potential. Located on
Saint-Joseph Boulevard in Hull, close to Highway 50,
services, and just minutes from Ottawa, the location
ensures maximum visibility and consistent traffic. The
building includes two residential units and three
commercial units, generating over $130,000 in annual
income, with one vacant residential unit offering immediate
optimization potential.

Since the acquisition, over $40,000 in work has been
carried out by qualified contractors. Unit A has been
opened up and refreshed, including the installation of new
flooring, surface preparation, painting, and removal of old
plumbing. Unit B has undergone a complete bathroom
reconfiguration, with the entrance repositioned to improve
the functionality of the space. Unit E has been completely
renovated to new condition.

Other improvements include a new roof, a new leased gas
furnace, partial plumbing updates, improvements to certain
commercial units, and general work to optimize the
building's functionality and profitability.

According to information from previous seller disclosures,
the building was constructed in 1905 and expanded around
1970. The foundations are made of poured concrete and stone.

This strategic asset combines high income, additional
rental potential, and a highly sought-after location,
offering a rare opportunity to acquire a high-performing
building in the heart of Hull.

For more information or to schedule a visit, contact
Jonathan Lamirande at 819-303-1809!

N.B. The portion of GST and QST taxes will be calculated by
the notary handling the file. Room measurements are
approximate.

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ROOM DETAILS
Room	Dimensions	Level	Flooring
N/A

BUILDING
Type	Commercial building/Office
Style	Detached
Dimensions	0x0
Lot Size	607 MC

EXPENSES
Municipal Taxes (2025)	$ 15963 / year
School taxes (2025)	$ 571 / year

CHARACTERISTICS
Heating system	Air circulation, Electric baseboard units
Windows	Aluminum, PVC
Driveway	Asphalt
Roofing	Asphalt shingles, Tin
Siding	Brick, Stucco
Zoning	Commercial, Residential
Heating energy	Electricity, Natural gas
Basement	Finished basement
Proximity	Highway, Public transport
Sewage system	Municipal sewer
Water supply	Municipality
Rental appliances	Other
Parking	Outdoor
Foundation	Poured concrete, Stone
Type of business/Industry	Retail, Service, Warehouse

Jonathan Lamirande

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