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110 Genest Street Ottawa, Ontario K1C 7Z2

Heat Pump Heat Pump, Radiant Heat

$950,000

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:45745)

Property Details

MLS® Number 1350513
Property Type Multi-family
Neigbourhood Vanier
Amenities Near By Public Transit, Water Nearby
Features Corner Site, Balcony
Parking Space Total 3
Structure Deck

Building

Basement Development Finished
Basement Type Full (finished)
Construction Style Attachment Attached
Cooling Type Heat Pump
Exterior Finish Brick
Flooring Type Hardwood, Tile
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Heat Pump, Radiant Heat
Stories Total 3
Type Triplex
Utility Water Municipal Water

Parking

Attached Garage
Surfaced
Tandem

Land

Acreage No
Land Amenities Public Transit, Water Nearby
Sewer Municipal Sewage System
Size Depth 59 Ft ,11 In
Size Frontage 41 Ft ,7 In
Size Irregular 41.62 Ft X 59.93 Ft (irregular Lot)
Size Total Text 41.62 Ft X 59.93 Ft (irregular Lot)
Zoning Description R4ua

https://www.realtor.ca/real-estate/25800842/110-genest-street-ottawa-vanier

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Steve Peippo
Salesperson

(613) 325-8816
stevepeippo.com/
https://www.facebook.com/stevepeipporealty/
https://www.linkedin.com/in/stevepeippo/

Real Broker Ontario Ltd.
1079 Somerset St. W
Ottawa, Ontario K1Y 3C6

(888) 311-1172
www.joinreal.com/

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