1659 Rue de la Fleur-de-Lys · Detached rental

1659 Rue de la Fleur-de-Lys is a 1-unit detached rental in Gatineau, QC, asking $424,900 — $424,900 per door.

That sits above the Gatineau band of $185k - $320k per door. A price above the band has to be earned by rents, condition, or upside that the listing has not yet shown. Gatineau cap rates screen 4.6% - 5.9% against average rent near $1,700 a door.

At 1 unit 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.