Quick Summary
Quick Summary
- Exceptional investment opportunity in up-and-coming area
- Well-maintained corner lot triplex with 3 units
- All units have full-sized in-unit laundry
- Recent updates include high-efficiency boiler, windows
- Flat roof, copper water service, rebuilt entrance
- Ductless air conditioners in two units
- All units tenanted with submetered hydro
- Close to grocery, retail, fitness, Rideau River
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... Show More
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:54626)
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