110 Genest ST new

Ottawa,ON K1C 7Z2

$ 945000

6 Beds

3 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID X11933778

Style 2-Storey

Bedrooms 6

Annual Tax Amount $5,026

Tax Year 2024

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.

Location

Province ON

County Ottawa

Community 3402 - Vanier

Area Ottawa

Zoning R4UA

Region 3402 - Vanier

City Region 3402 - Vanier

Rooms

Family Room Yes

Basement Finished

Kitchen 3

Interior

Interior Features Separate Hydro Meter,Water Heater Owned

Cooling Wall Unit(s)

Exterior

Parking Features Private

Garage Spaces 4.0

Pool None

Roof Type Flat,Membrane

Lot Frontage 41.62

Lot Depth 59.93

Total Parking Spaces 4

Building

Foundation Poured Concrete

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