194 Genest Street Ottawa, Ontario K1L 7Y6

3 Bedroom 2 Bathroom 700 - 1,100 sqft
Bungalow Central Air Conditioning Forced Air

$549,900

Nestled in a quiet residential pocket steps from Optimist Park, 194 Genest Street offers a rare opportunity to own an income-producing duplex in the heart of Ottawa's vibrant and rapidly evolving Vanier North community. Just a short stroll to Beechwood Avenue, you'll enjoy easy access to boutique shops, cafés, 5-star dining, and everyday necessities. Nearby scenic pathways along the Rideau River & surrounding green spaces offer the perfect balance of urban living and nature. Commuters will appreciate quick connections to downtown Ottawa and the Byward Market, making this an ideal location for both lifestyle and convenience. This absolutely charming duplex features two self-contained units, each with in-unit laundry. The main floor unit offers a bright and inviting living room, two spacious bedrooms, 4 piece bathroom, and eat-in kitchen with direct access to a large deck...perfect for enjoying morning coffee. The lower-level unit, with its own separate entrance, includes a large kitchen with breakfast bar overlooking the main living area, one spacious bedroom, and 4 piece bathroom. The fully fenced, private backyard is a true highlight, ideal for hosting summer BBQs and relaxing outdoors. While the property offers amazing value as-is, it also presents substantial, long-term upside. With newly updated zoning bylaws, this home now falls in the N3B zone, allowing for future multi-unit redevelopment (buyer to verify specifics). This offers exciting possibilities for investors and forward-thinking buyers alike. Live in one unit while offsetting your mortgage with rental income, rent both units as a turnkey investment, or hold for future redevelopment. As Vanier continues to transform and grow, this is a fabulous opportunity to secure a home that blends character, income potential, and long-term growth in one of Ottawa's hottest up-and-coming neighbourhoods! (id:53899)

Property Details

MLS® Number X13139076
Property Type Multi-family
Community Name 3402 - Vanier
Equipment Type Water Heater
Features Carpet Free
Parking Space Total 2
Rental Equipment Type Water Heater

Building

Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Below Ground 1
Bedrooms Total 3
Appliances Dishwasher, Dryer, Hood Fan, Two Stoves, Two Washers, Two Refrigerators
Architectural Style Bungalow
Basement Development Finished
Basement Features Separate Entrance, Apartment In Basement
Basement Type N/a, N/a (finished), N/a
Cooling Type Central Air Conditioning
Exterior Finish Vinyl Siding
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 700 - 1,100 Sqft
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 85 Ft ,3 In
Size Frontage 40 Ft
Size Irregular 40 X 85.3 Ft
Size Total Text 40 X 85.3 Ft

Rooms

Level Type Dimensions
Main Level Living Room 4.97 m x 3.7 m
Main Level Bedroom 2 2.94 m x 3.11 m
Main Level Primary Bedroom 2.93 m x 3.34 m
Main Level Kitchen 3.97 m x 4.24 m
Main Level Bathroom 1.26 m x 2.16 m

https://www.realtor.ca/real-estate/29764831/194-genest-street-ottawa-3402-vanier

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