Ottawa, 110 GENEST Street - For Sale, $950,000

$950,000 Sale

Listed 147 days ago

110 GENEST Street

MLS® 1350513 Multifamily

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Beds · 0

Baths · 0

Parking · 3

Sqft · -

Est. mortgage

$4,443/mo

Property Taxes

$4,750/yr

Key Facts

Key facts for 110 GENEST Street

Property Type

Apartment, Triplex

Parking

3 parking

MLS #

1350513

Size

Basement

Full, Fully Finished

Listed on

Lot size

42 x 60

Tax

$4,750 /yr

Days on Market

Year Built

Maintenance Fee

Description

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-eff...iciency 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 sub-metered 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 $55,740/year, Expenses for 2022 were approx. 10,846.99, cap rate approx. 4.72%. Don't miss your chance to own an investment property in this rapidly developing neighbourhood.

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Full Property Details

Interior

Basement

Full

Heating Source

Heat Pump,Radiant

Heating Type

Natural Gas

Air Conditioning

Heat Pump

Levels

Basement

Full

Heating Source

Heat Pump,Radiant

Heating Type

Natural Gas

Air Conditioning

Heat Pump

Levels

Exterior

Depth

59.93

Front

41.62

Lot Size

42 x 60 ft

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

R4UA

Depth

59.93

Front

41.62

Lot Size

42 x 60 ft

Parking Spaces

Total Parking Spaces

Garage Spaces

Zoning

R4UA

Building Description

Style

Triplex

Property Type

Multifamily

Home Type

Apartment

Subtype

Multifamily

Exterior

Brick

Sewers

Sewer Connected

Water Supply

Municipal

Foundation

Poured Concrete

Style

Triplex

Property Type

Multifamily

Home Type

Apartment

Subtype

Multifamily

Exterior

Brick

Sewers

Sewer Connected

Water Supply

Municipal

Foundation

Poured Concrete

Community

Vanier

Community

Vanier

Taxes & Fees

Taxes

$4,750 /yr

Tax Year

2022

Taxes

$4,750 /yr

Tax Year

2022

Other

Directions

From Beechwood Avenue, turn right onto St. Charles. Building on corner of St. Charles and Genest.

Directions

From Beechwood Avenue, turn right onto St. Charles. Building on corner of St. Charles and Genest.

Dave L. Strutt & Gabriel Bourque