110 Genest Street Ottawa, Ontario K1C 7Z2
$945,000
Welcome to 110 Genest - Discover an exceptional investment opportunity in one of Ottawa's up and coming neighbourhoods - steps from Beechwood Avenue! This exceptionally well-maintained corner lot triplex features three 2-bed, 1 bath units with full sized in-unit laundry. Additional updates: high-efficiency boiler (2018) ,updated windows (Unit 1 in 2018, Unit 2 in 2022, Unit 3 in 2019), flat roof (approx. 2010) ,copper water service (2019), rebuilt property entrance/basement stairs (2020) and ductless air conditioners in two units. All units have submetered hydro, and no rental equipment in building, all owned. All units are tenanted. Quick walk to Metro grocery store, Starbucks, LCBO, Anytime Fitness, Rideau River & dozens of other great amenities. Gross rent is currently $57,174/year, Expenses approx. $10,846.99, cap rate approx. 4.90%. Don't miss your chance to own an investment property in this rapidly developing neighbourhood. (id:53899)
Property Details
| MLS® Number | X11933778 |
| Property Type | Single Family |
| Neigbourhood | Vanier |
| Community Name | 3402 - Vanier |
| Features | Irregular Lot Size |
| Parking Space Total | 4 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater |
| Basement Development | Finished |
| Basement Type | N/a (finished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 59 Ft ,11 In |
| Size Frontage | 41 Ft ,7 In |
| Size Irregular | 41.62 X 59.93 Ft ; Lot Line Jog Around Garage |
| Size Total Text | 41.62 X 59.93 Ft ; Lot Line Jog Around Garage |
| Zoning Description | R4ua |
https://www.realtor.ca/real-estate/27825845/110-genest-street-ottawa-3402-vanier
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January 21 2025 05:22:38
Ottawa Real Estate Board
Real Broker Ontario Ltd.