$629,000
Available - For Sale
Listing ID: X13445952
46 Jolliet Avenue , Vanier and Kingsview Park, K1L 5H5, Ottawa
| Great investment opportunity! With a strong cash-flow potential in this duplex, each unit offers 2 bedrooms, 3 piece bathrooms, in suite laundry, separate entrances, and ample parking spaces. Fast growing community near Beechwood Village. Consistent income due to high demand. Being close to Beechwood benefits from high end cafes, shopping and public transit. Strong rental demands due to accessibility. Perfect for investors, owner-occupants, or multi-generational living, this property provides flexibility and long-term value. Land assembly is also possible. Possibility of redevelopment converted into a large multi unit building with the sale of 40 & 46 Jolliet combined. Area is 3,982.64 ft (0.091 ac). Land assembly is also possible. Redevelopment options subject to city of Ottawa approvals and zoning bylaws. Conveniently located near grocery stores, shopping, restaurants, schools, public transit, and other key amenities, it offers the location and features tenants are looking for. Walking distance to New Edinburgh, Rockcliffe, and not far from downtown. Whether you're looking to grow your investment portfolio or offset your mortgage with rental income, this property is not to be missed. Upper unit $1,600 per month + hydro. The Lower unit $1,500 per month + hydro. Gross rents $37,200 annually. The current expenses include: Water - $200 per month, Insurance - $150 per month, HWT & service contract. Net operating income is $33,000. Opportunity to increase the rent. Please connect with listing agent for further details. |
| Price | $629,000 |
| Taxes: | $4682.00 |
| Occupancy: | Tenant |
| Address: | 46 Jolliet Avenue , Vanier and Kingsview Park, K1L 5H5, Ottawa |
| Directions/Cross Streets: | Beechwood Ave. & Jolliet Ave. |
| Rooms: | 10 |
| Bedrooms: | 4 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Apartment, Full |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Duplex |
| Style: | 1 Storey/Apt |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | Detached |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 8 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Pool: | None |
| Approximatly Square Footage: | 700-1100 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Window Unit |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Hydro: | Y |
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| REMAX BOARDWALK REALTY |
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At a Glance:
| Type: | Freehold - Duplex |
| Area: | Ottawa |
| Municipality: | Vanier and Kingsview Park |
| Neighbourhood: | 3402 - Vanier |
| Style: | 1 Storey/Apt |
| Tax: | $4,682 |
| Beds: | 4 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |
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