LiveMLS 24382969CMHC / MLI Select

307 Rue St-André · 8-unit multifamily

Gatineau, QC · 8-unit multifamily · 8 units

$1,160,000listed

Price at 5.75% cap

Gatineau market brief →

RentCapPrice/door

Score

DSCR

Cash to close

All-in with reserves

Create a free account Sign inGoes to the AssetAvenue team. We reply by email, usually within a business day.View on Realtor.caLast seen on Realtor.ca Oct 5

What this listing is

307 Rue St-André is a 8-unit multifamily in Gatineau, QC, asking $1,160,000 — $145,000 per door.

That sits below the Gatineau band of $185k - $320k per door. Gatineau cap rates screen 4.6% - 5.9% and average rent runs about $1,700 a door.

At 8 units this is a commercial file: five or more units can be underwritten for CMHC MLI Select, where energy, affordability, and accessibility points decide the tier and the leverage. Below that tier the insured stack you modeled may not exist.

The Gatineau desk underwrites vacancy at 3% - 4.5% and operating expenses at 34% - 45% of gross rent.

Asking price: $1,160,000
Units: 8 units
Property type: 8-unit multifamily
Location: Gatineau, QC
Price per door: $145,000
Gatineau cap band: 4.6% - 5.9%
Gatineau average rent: $1,700

The underwrite — investment score, cap rate on the real rent roll, DSCR at the qualifying rate, cash to close, and the price at a 5.75% cap — opens with a free account.

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