110 Genest Street Ottawa, Ontario K1C 7Z2

Heat Pump Heat Pump, Radiant Heat


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:39840)

Property Details

MLS® Number 1391075
Property Type Multi-family
Neigbourhood 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


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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