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:37464)
Property Details
| MLS® Number | 1391075 |
| Property Type | Multi-family |
| Neigbourhood | Vanier |
| Amenities Near By | Public Transit, Water Nearby |
| Features | Corner Site, Balcony |
| Parking Space Total | 3 |
| Structure | Deck |
Building
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Construction Style Attachment | Attached |
| Cooling Type | Heat Pump |
| Exterior Finish | Brick |
| Flooring Type | Hardwood, Tile |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Heat Pump, Radiant Heat |
| Stories Total | 3 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Surfaced | |
| Tandem |
Land
| Acreage | No |
| Land Amenities | Public Transit, Water Nearby |
| Sewer | Municipal Sewage System |
| Size Depth | 59 Ft ,11 In |
| Size Frontage | 41 Ft ,7 In |
| Size Irregular | 41.62 Ft X 59.93 Ft (irregular Lot) |
| Size Total Text | 41.62 Ft X 59.93 Ft (irregular Lot) |
| Zoning Description | R4ua |
https://www.realtor.ca/real-estate/26867865/110-genest-street-ottawa-vanier
Sales Representative
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October 09 2024 03:13:36
Ottawa Real Estate Board
Real Broker Ontario Ltd.