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Carré British Square 75 Rue Principale 85 Unit Apartment Building For Sale Gatineau, QC J9H 0L9
Investment Highlights
- Newly constructed multi-residential building with 85 units and modern amenities.
- 84 underground parking spaces and climate-controlled residential suites.
- Opportunity to acquire retail assets on same parcel for additional investment income.
- Located in Aylmer’s core, near Ottawa River parks, retail, and services.
- Future light rail extension will enhance connectivity to Ottawa and Gatineau.
Executive Summary
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.
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.
Property Facts
| Sale Type | Investment | Lot Size | 0.67 AC |
| No. Units | 85 | Building Size | 93,467 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built | 2022 |
| Apartment Style | Mid-Rise | Parking Ratio | 0.99/1,000 SF |
| Building Class | B |
| Sale Type | Investment |
| No. Units | 85 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.67 AC |
| Building Size | 93,467 SF |
| No. Stories | 5 |
| Year Built | 2022 |
| Parking Ratio | 0.99/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Microwave
- Heating
- Refrigerator
- Oven
Site Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Security System
- Video Patrol
- On-Site Retail
- Recycling
- Walking/Biking Trails
- Roof Terrace
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 59 | - | - |
| 2+1 | 26 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
60/100
Contacts
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Robert Metcalfe -
Noemie Lefebvre -
Jean-Pierre Gagnon -
Olivier Dufault-Gagnon -
Maximillien Rahuba-Pigeon -
Savills
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Carré British Square | 75 Rue Principale
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