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110 GENEST STREET
Ottawa, Ontario K1C7Z2

$945,000

ID# X9515233

ABOUT THIS PROPERTY


Flooring: Tile, Welcome to 110 Genest - Discover an exceptional investment opportunity in one of Ottawa's up and coming\r\nneighbourhoods - steps from Beechwood Avenue! This exceptionally well-maintained corner lot triplex features\r\nthree 2-bed, 1 bath units with full sized in-unit laundry. Additional updates: high-efficiency boiler (2018) ,updated\r\nwindows (Unit 1 in 2018, Unit 2 in 2022, Unit 3 in 2019), flat roof (approx. 2010) ,copper water service (2019),\r\nrebuilt 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., Flooring: Hardwood (id:25961)

PROPERTY DETAILS


Heating Type Radiant heat
Heating Fuel Natural gas

Property Type


Single Family
Courtesy of REAL BROKER ONTARIO LTD.

Listed on: May 08, 2024

On market: 204 days

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