110 GENEST Street, Ottawa, Ontario K1C7Z2

Listing courtesy of REAL BROKER ONTARIO LTD..

$950,000
List Price
$950,000
MLS®
1350513
Days on Market
284
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 $55,740/year, Expenses for 2022 were approx. 10,846.99, cap rate approx. 4.72%. Don't miss your chance to own an investment property in this rapidly developing neighbourhood. (id:5764)

Additional Information

Garage
Yes
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

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

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Please consult a financial professional.
Calculator source: Real Geeks