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. (id:42482)
| MLS® Number | 1391075 |
| Property Type | Multi-family |
| Neighbourhood | Vanier |
| AmenitiesNearby | Public Transit, Water Nearby |
| Features | Corner Site, Balcony |
| ParkingSpaceTotal | 3 |
| Structure | Deck |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructionStyleAttachment | Attached |
| CoolingType | Heat Pump |
| ExteriorFinish | Brick |
| FlooringType | Hardwood, Tile |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Heat Pump, Radiant Heat |
| StoriesTotal | 3 |
| Type | Triplex |
| UtilityWater | Municipal Water |
| Attached Garage | |
| Surfaced | |
| Tandem |
| Acreage | No |
| LandAmenities | Public Transit, Water Nearby |
| Sewer | Municipal Sewage System |
| SizeDepth | 59 Ft ,11 In |
| SizeFrontage | 41 Ft ,7 In |
| SizeIrregular | 41.62 Ft X 59.93 Ft (irregular Lot) |
| SizeTotalText | 41.62 Ft X 59.93 Ft (irregular Lot) |
| ZoningDescription | R4ua |
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Labrosse Real Estate Group
4366 Innes Road
Ottawa, ON, K4A 3W3
Direct: 613-227-6409
Email: Hello@LabrosseRealEstate.com
Office: 613-590-3000
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Nicholas Labrosse Courtier Immobilier Inc
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