438-813-1203
75 Rue Principale, Gatineau, QC for Sale
Apartments - FOR SALE
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75 Rue Principale
Gatineau, QC J9H 0L9


HIGHLIGHTS

  • Newly constructed multi-residential building with 85 units and modern amenities.
  • Located in Aylmer’s core, near Ottawa River parks, retail, and services.
  • 84 underground parking spaces and climate-controlled residential suites.
  • Future light rail extension will enhance connectivity to Ottawa and Gatineau.
  • Opportunity to acquire retail assets on same parcel for additional investment income.

OVERVIEW

Savills is pleased to present an exceptional opportunity to acquire 75 Principale Street, a recently constructed multi-residential property located in the heart of the Aylmer district in Gatineau, the fourth-largest city in Québec and adjacent to Ottawa. The property offers investors a stable income stream. The property benefits from a highly sought-after location along Principale Street, in the western sector of the city. This vibrant commercial corridor is recognized for its strong visibility, historic character, proximity to neighbourhood services, restaurants, and public transit, as well as nearby riverfront parks along the Ottawa River. This desirable location, combined with proximity to the national capital, supports residential leasing demand, contributing to the long-term stability and resilience of the asset. The multi-residential building at 75 Principale Street, constructed in 2022, comprises a total of 85 residential units spread over five storeys, along with select ground-floor commercial spaces. The steel-and-concrete structure offers superior soundproofing and energy efficiency and includes an indoor parking garage with 84 spaces. The contemporary, climate-controlled suites feature private balconies or terraces, a full suite of modern appliances, and a range of additional amenities. 75 Principale Street represents a rare opportunity to acquire a high-quality asset requiring no short- to medium-term capital investment, located in one of Gatineau’s most sought-after sectors. Opportunity to acquire commercial buildings on same parcel, consisting of income producing hotel and commercial spaces.

FOR SALE DETAILS

PRICE

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# OF UNITS

85

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Carré British Square

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2022

PARKING SPACES

84

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,259 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Robert MetcalfeSavillsMore Info
438-813-1203

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Robert MetcalfeSavillsMore Info
438-813-1203

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.