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110 Genest St

Genest StEast EndOttawaON, K1L 7Z2

-
Beds
-
Baths
$945,000
List Price
110 Genest St, Ottawa, ON - 1 of 3
110 Genest St, Ottawa, ON - 2 of 3
110 Genest St, Ottawa, ON - 3 of 3
New
24 days on market

Quick Summary

  • Exceptional investment opportunity in up-and-coming area
  • Well-maintained corner lot triplex with 3 units
  • All units have 2 beds, 1 bath and 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

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... Show More

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. (id:54626)

Property Details

Parking

3 Parking Spaces
Attached Garage,Surfaced,Tandem

Lot

Size
498′11″ * 718′11″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished
Exterior
Brick
Foundation
Poured Concrete
Builder Name
-
Stories
3
Flooring
Hardwood, Tile
Roof
-

Heating & Cooling

Heating
Heat Pump, Radiant heat
Cooling
Heat Pump

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Source

Listing Brokerage

MLS® Listing
1391075
Last Updated
May 9, 2024
Brokerage
REAL BROKER ONTARIO LTD.
Powered by: REALTOR.ca
Call us 800-591-0566

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