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Plex in Gatineau: buy, sell or analyze

You need to look beyond the listed price. Revenues, expenses, building condition, potential: every factor counts in the decision.

What to analyze before investing in a plex in the Outaouais

A plex is bought on its numbers, not its photos. Before an offer, I look at the rents in the leases, the actual expenses and the condition of the building. Upside comes last, once the rest holds up.

Then we compare the building with your goal, whether that's monthly income or long-term appreciation. The same plex can be a good buy for one investor and a bad one for another.

I am a real estate investor myself. My role is not to convince you to buy. I give you a frank analysis, and you decide with all the numbers in hand.

A rent adjustment depends on the applicable criteria and the building's circumstances. The TAL publishes the percentages used for this calculation each year, and its tool helps set the adjustment. The landlord and tenant remain free to agree. Review the TAL criteria.

Own a plex? Start by knowing its current value.

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The real questions behind a plex

Should I keep or sell?

We compare what the building earns you today with what you'd get by selling, then we look at your long-term plans.

Does the asking price make sense?

Rents shown in the leases, expenses backed by invoices and the rental potential of the area.

What's the true return?

What's left after expenses, vacancy and upcoming repairs. It's often lower than the return shown in the listing.

What risks to watch for?

Roof, plumbing, electrical, foundation: some repairs weigh heavily on the return, especially in Hull's older buildings.

How do I sell my plex well?

A well-positioned price and marketing that reaches Outaouais investors.

How it works

Number analysis

Income, expenses, market value and rental potential: we start with the facts.

Recommendation

Hold, sell, refinance or buy: the option that suits your situation.

Execution and support

From decision to transaction, complete and transparent support.

Free Guide

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Returns, plex analysis, acquisition strategy and pitfalls to avoid: a guide to investing in Gatineau, sent by email.

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Informed decisions, real results

“Wow It's seen, it's sold, just one day. Unbelievable yet true. Thank you again Yanis, for your efficiency and professionalism Clarisse”

C

Clarisse

Hull

“A big thank you, Yanis Sigeris, for your support throughout the sale of our duplex. You were a tremendous help from start to finish, and we obtained a good price in a short time. ”

A

Abdoulaye

Gatineau

Get a clear reading of your situation

Whether you are thinking of selling or buying, we look at your numbers together to see more clearly.

“I give you the numbers and the options. You decide.”

Frequently asked questions

We combine recent sales of comparable plexes with the income approach: net operating income, capitalization rate and the area's gross rent multiplier (GRM). Building condition and rental potential then adjust the value. I have analyzed plexes in the Outaouais since 2017, in Hull, Gatineau-centre and other areas.

It depends on the area, price, revenues, expenses, building condition and your strategy. A property-specific analysis helps assess the situation.

It can be done. A sale does not end the leases: the buyer takes them over as they are. Tenants must receive 24 hours' notice before a showing. We prepare the leases and the income and expense statement ahead of time for buyers.

We compare both scenarios with current rates and your area's market value to see what makes more sense.