611Z Av. des Tilleuls · Fourplex

611Z Av. des Tilleuls is a 4-unit fourplex in Gatineau, QC, asking $698,000 — $174,500 per door.

That sits below the Gatineau band of $185k - $320k per door. A price under the band usually means condition, location, or an in-place rent roll well below market — confirm which before treating it as a discount. Gatineau cap rates screen 4.6% - 5.9% against average rent near $1,700 a door.

At 4 units this finances as residential, not commercial — MLI Select starts at five units. The qualifying rate still applies: federally regulated lenders test a 1–4 unit rental at the greater of your contract rate plus two points or 5.25%.

Gatineau offers lower entry pricing near Ottawa demand, with Quebec lease rules and local management as key diligence items. Investor demand reads medium, vacancy tight.