110 GENEST Street, Ottawa, Ontario K1C7Z2
Listing courtesy of RE/MAX HALLMARK REALTY GROUP.
- $950,000
- List Price
- $950,000
- MLS®
- 1350513
- Days on Market
- 78
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Multi-family
- Lot Size Dimensions
- 41.62 ft X 59.93 ft (Irregular Lot)
- Subdivision
- Vanier
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 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:5764)
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Additional Information
- Subdivision
- Vanier
- Parking Spaces
- 3
- Cooling
- Heat Pump
- Country
- Canada
- Flooring
- Tile, Hardwood
- Sewer
- Municipal sewage system
- Heating
- Heat Pump, Radiant heat, Natural gas
- Lot Features
- Corner Site, Balcony
- Total Number Of Units
- 3
- Stories
- 3
