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Vanier North
110 GENEST STREET
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110 GENEST STREET $945,000
$945,000
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110 GENEST STREET
Ottawa, Ontario K1C7Z2

MLS® Number: 1391075

Listing 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. (28258940)

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
3
Neighbourhood Name
Vanier
Land Size
41.62 ft X 59.93 ft (Irregular Lot)
Annual Property Taxes
$4,881
Parking Type
Attached Garage, Surfaced, Tandem
Time on REALTOR.ca
55 days

Building

Interior Features
Flooring
Hardwood, Tile
Basement Type
Full (Finished)
Building Features
Features
Corner Site, Balcony
Foundation Type
Poured Concrete
Style
Attached
Structures
Deck
Total Units
3
Heating & Cooling
Cooling
Heat Pump
Heating Type
Heat Pump (Natural gas), Radiant heat
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Amenities Nearby
Public Transit, Water Nearby
Parking
Parking Type
Attached Garage, Surfaced, Tandem
Total Parking Spaces
3

Land

Lot Features
Frontage
41 ft ,7 in
Land Depth
59 ft ,11 in
Other Property Information
Zoning Description
R4UA
Lease Type
Gross
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7
613-325-8816
REALTOR® Website
Email
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REAL BROKER ONTARIO LTD.
1079 SOMERSET ST. W
OTTAWA, Ontario K1Y3C6
888-311-1172
Office Website

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