property-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-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:38686)
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detailsSection.headers.propertyDetails
Property Tax
: $4,881 (2023)Last Updated
: Fri, May 17, 2024Mls Num
: 1391075Listing Date
: May 9, 2024
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Property Type
: detailsSection.listingTypeId.105
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Heating
: Heat Pump, Radiant heat, Natural gasBasement
: Finished, FullFlooring
: Tile, Hardwood
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Sewer
: Municipal sewage system
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Parking Features
: Attached Garage, Surfaced, TandemExterior Features
: Brick
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