110 GENEST STREET Active Save Request In-Person Tour Request Virtual Tour
Ottawa,ON K1C7Z2
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Vanier
MLS Listing ID 1391075
Originating Board Ottawa Real Estate Board
Property Description
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:24570)
Location
Province ON
Interior
Heating Heat Pump,Radiant heat
Cooling Heat Pump
Flooring Hardwood,Tile
Exterior
Garage Yes
Waterfront No
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 3
Sewer Municipal sewage system