110 Genest Street Ottawa, Ontario K1C 7Z2
$950,000
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 sub-metered 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 $54,960/year(will be $55,740 as of Oct. 1, 2023), Expenses for 2022 were approx. 10,846.99, cap rate approx. 4.6%. Don't miss your chance to own an investment property in this rapidly developing neighbourhood. (id:37684)
Property Details
| MLS® Number | 1350513 |
| 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/25800842/110-genest-street-ottawa-vanier
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July 31 2023 07:40:34
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group
