$ 945.000

110 Genest Street, Ottawa

  • Type: Townhouse
  • Added: 197 days ago
  • Updated: 43 days ago
  • Last Checked: 51 minutes ago
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 $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. (id:1945)
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Property DetailsKey information about 110 Genest Street

  • Cooling: Heat Pump
  • Heating: Heat Pump, Radiant heat, Natural gas
  • Stories: 3
  • Structure Type: Triplex
  • Exterior Features: Brick
  • Foundation Details: Poured Concrete

Interior FeaturesDiscover the interior design and amenities

  • Basement: Finished, Full
  • Flooring: Tile, Hardwood

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 110 Genest Street

  • Lot Features: Corner Site, Balcony
  • Water Source: Municipal water
  • Parking Total: 3
  • Parking Features: Attached Garage, Surfaced, Tandem
  • Lot Size Dimensions: 41.62 ft X 59.93 ft (Irregular Lot)

Business & Leasing InformationCheck business and leasing options available at 110 Genest Street

  • Existing Lease Type: Gross

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system

Tax & Legal InformationGet tax and legal details applicable to 110 Genest Street

  • Tax Year: 2023
  • Parcel Number: 042350411
  • Tax Annual Amount: 4881
  • Zoning Description: R4UA

Additional FeaturesExplore extra features and benefits

  • Number Of Units Total: 3
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Nearby Listings Stat

Active listings
310
Min Price
$2,200
Max Price
$6,750,000
Avg Price
$936,713
Days on Market
95 days
Sold listings
86
Min Sold Price
$285,000
Max Sold Price
$2,285,000
Avg Sold Price
$759,217
Days until Sold
73 days
Additional Information about 110 Genest Street

This Townhouse at 110 Genest Street Ottawa, ON with MLS Number 1391075 listed by Steve Peippo - REAL BROKER ONTARIO LTD. on Ottawa market 197 days ago at $945,000

We have found 6 Townhomes that closely match the specifications of the property located at 110 Genest Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 589,900 and 1,050,000.

The current price of the property is $945,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 16% down payment, the total amount borrowed would be $793,800. This would result in a monthly mortgage payment of $4,419 over a 25-year amortization period.

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Steve Peippo
  • Steve Peippo
  • REAL BROKER ONTARIO LTD.
  • 613-325-8816
  • WebSite