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Duplex

$599,000

46 Jolliet Avenue Ottawa, Ontario K1L 5H5

Bedrooms
4
Bathrooms
2
Size
700 - 1,100 sqft
Parking
9 spaces
Window Air Conditioner Baseboard Heaters

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. (id:42482)

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about 46 Jolliet Avenue, Ottawa, Ontario K1L 5H5

Nick Labrosse
Nick
Ashley Gray
Ashley
Hayley Vaughan
Hayley

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    Property Details

    Property Details for 46 Jolliet Avenue, Ottawa, Ontario K1L 5H5

    MLS® Number X13655470
    Property Type Multi-family
    Community Name 3402 - Vanier
    EquipmentType Water Heater
    ParkingSpaceTotal 9
    RentalEquipmentType Water Heater

    Building

    Building details for 46 JOLLIET AVENUE, Ottawa, Ontario K1L 5H5
    BathroomTotal 2
    BedroomsAboveGround 4
    BedroomsTotal 4
    Appliances Dryer, Two Stoves, Two Washers, Two Refrigerators
    BasementFeatures Apartment In Basement
    BasementType Full
    CoolingType Window Air Conditioner
    ExteriorFinish Brick, Vinyl Siding
    FoundationType Concrete
    HeatingFuel Electric
    HeatingType Baseboard Heaters
    SizeInterior 700 - 1,100 Sqft
    Type Duplex
    UtilityWater Municipal Water

    Parking

    Detached Garage
    No Garage

    Land

    Acreage No
    Sewer Sanitary Sewer
    SizeDepth 100 Ft
    SizeFrontage 40 Ft
    SizeIrregular 40 X 100 Ft
    SizeTotalText 40 X 100 Ft
    ZoningDescription R4e

    Utilities

    Electricity Installed
    Sewer Installed

    REMAX BOARDWALK REALTY
    1180 Place D'orleans Dr Unit 3
    Ottawa, Ontario K1C 7K3

    (613) 837-0000
    (613) 837-0005
    www.remaxaffiliates.ca/

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    46 Jolliet Avenue, Ottawa, Ontario K1L 5H5

    Nick Labrosse
    Nick
    Ashley Gray
    Ashley
    Hayley Vaughan
    Hayley

    Ask Nick, Ashley & Hayley

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