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Triplex in Vanier

Asking Price $945,000
MLS# – 1391075

Rooms & Sizes

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 $56,340/year, Expenses approx. $10,846.99, cap rate approx. 4.81%. Don’t miss your chance to own an investment property in this rapidly developing neighbourhood. (id:52884)

Features

Heat Pump

Poured Concrete

FinishedFull

Brick

Attached GarageSurfacedTandem

Municipal sewage system

HardwoodTile

BalconyCorner Site

Municipal water

Map

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    Last Updated
    05/09/2024
    Data Provider
    Ottawa Real Estate Board
    Listing Office
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