Lac des Fées, Wrightville,
$749,900
Quadruplex
3 
1 + 1
3266sq. ft.
MLS#: 18625558
Description
Unique opportunity for owner-occupant! Just minutes from Ottawa, this perfectly located fourplex offers a vacant 2-bedroom unit, ideal for an owner-occupant looking to move in while generating rental income. The other three units (two 2-bedroom and one 3-bedroom) are fully rented, ensuring stable income. Each unit has its own electricity meter. Spacious and bright, the units feature large balconies on the second floor. With distinctive architecture and potential for optimization, this property is a fantastic investment opportunity!
Annual potential gross revenue: $57,000
Room details
Unit 1
| Type | Number of rooms | Number of bedrooms | |
|---|---|---|---|
| Residential | 8 | 3 |
| Room | Level | Dimensions | Floor covering |
|---|---|---|---|
| Hallway | 1st level/Ground floor | 3.6x3.11 P | Ceramic tiles |
| Living room | 1st level/Ground floor | 9.10x12.0 P | Floating floor |
| Kitchen | 1st level/Ground floor | 13.0x12.11 P | Ceramic tiles |
| Primary bedroom | 1st level/Ground floor | 12.3x9.6 P | Floating floor |
| Bedroom | 1st level/Ground floor | 8.0x11.0 P | Floating floor |
| Bathroom | 1st level/Ground floor | 7.4x4.10 P | Ceramic tiles |
| Bedroom | Basement | 12.2x14.0 P | Floating floor |
| Washroom | Basement | 7.4x6.10 P | Ceramic tiles |
Unit 2
| Type | Number of rooms | Number of bedrooms | |
|---|---|---|---|
| Residential | 5 | 2 |
| Room | Level | Dimensions | Floor covering |
|---|---|---|---|
| Living room | 2nd floor | 9.10x12.4 P | Floating floor |
| Kitchen | 2nd floor | 13.1x12.3 P | Ceramic tiles |
| Primary bedroom | 2nd floor | 9.5x12.4 P | Floating floor |
| Bathroom | 2nd floor | 7.3x6.3 P | Ceramic tiles |
| Bedroom | 2nd floor | 8.0x9.4 P | Floating floor |
Unit 3
| Type | Number of rooms | Number of bedrooms | |
|---|---|---|---|
| Residential | 5 | 2 |
Unit 4
| Type | Number of rooms | Number of bedrooms | |
|---|---|---|---|
| Residential | 5 | 2 |
Annual potential gross revenue: $57,000
Characteristics
| Sewage system | Municipal sewer |
| Water supply | Municipality |
| Foundation | Concrete block |
| Roofing | Elastomer membrane |
| Heating energy | Natural gas |
| Heating system | Hot water |
| Basement | 6 feet and over |
| Rental appliances | 3 Water heater |
| Parking | 4 Outdoor, 1 Garage |
| Garage | Detached, Single width |
| Landscaping | Fenced |
| Topography | Flat |
| Proximity | Highway, Cegep, Daycare centre, Golf, Hospital, Park - green area, Bicycle path, Elementary school, High school, Public transport, University |
Assessment, taxes and expenses
Evaluation:
Taxes:
Expenses:
| Assessment year | 2024 |
| Land Assessment | $235,400 |
| Building Assessment | $452,700 |
| Total Assessment | $688,100 |
| Municipal Taxes | $5,583 (2024) |
| School taxes | $399 (2023) |
| Total yearly taxes | $5,982 |
| Energy cost | $3,710 |
| Other rental | $532 |
| Total yearly expenses | $4,242 |
Included / Excluded
Included:
Unit 1: Washer, dryer, dishwasher, oven, fridge Unit 2: Washer, dryer, dishwasher, oven, fridge Unit 3: Washer, dryer, dishwasher, oven, fridge Unit 4: Washer, dryer, dishwasher, oven, fridge. 1 hot water tank
3 hot water tanks (rented)
Unit 1: Washer, dryer, dishwasher, oven, fridge Unit 2: Washer, dryer, dishwasher, oven, fridge Unit 3: Washer, dryer, dishwasher, oven, fridge Unit 4: Washer, dryer, dishwasher, oven, fridge. 1 hot water tank
Excluded:
3 hot water tanks (rented)
Addenda
- Quadruplex with one vacant unit and other 3 are rented
- 4 hydro meters
- 3x 2 bedrooms and 1x 3 bedrooms
- Water heating system on 1 circuit, at owner's expense
- Large parking lot at rear of property with small garage
- Strategic location
- Potential for optimization in the coming years
Do you want to visit this property or do you have questions? Do not hesitate to contact me (call, email or text!)
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