Commercial financing in Gatineau, QC

Gatineau is a tier 2 market in the Capitalor coverage set: 291,041 residents, 6,100 tracked commercial buildings, and 17 lenders and brokers observed writing paper here. That works out to one active lender for roughly every 359 commercial buildings, a Lender Density Score of 100 — 22 of 134 nationally and 4 of 23 within QC.

Pricing starts from value, and value starts from the 6.0% Gatineau cap-rate seed — the 48th tightest of the 134 markets Capitalor tracks. Applied to the $3,100,000 average transaction, that implies about $186,000 of net operating income before financing.

Take the anchor case: a conventional commercial mortgage at 5.05% over 25 years. Seventy percent of the average Gatineau deal is $2,170,000, costing $152,987 a year to service. Coverage at a 1.25x floor caps the same loan at $2,110,614, so on the typical Gatineau file coverage is the binding constraint and the number to solve for first.

Gatineau is a deep lender market. On well-covenanted paper you should collect at least three competing quotes; spread dispersion between the best and worst bid in a market this deep is usually worth more than any rate-timing decision. 10 of the Capitalor product set are published for Gatineau.

Deal flow in Gatineau concentrates in named commercial and employment areas such as the Hull sector core, the Boulevard de la Gappe corridor and Aylmer. Capitalor publishes no separate figure for those areas: cap-rate seeds, lender counts, and deal sizes are collected and reported at the municipal level, so the numbers on this page apply across the city, and a corridor-level view has to come from asset-level comparables rather than from a published district statistic.