For Sale Multi-Family

134 Jolliet Avenue

$899,000 Est. $3,981/mo ↓

Ottawa, Ontario K1L 5J7

6 Bedrooms
3 Bathrooms
1,500 - 2,000 sqft Interior
3 Parking spaces
40 X 100 Ft Lot size
3 days ago Listed
None Radiant Heat

About this home

Exceptional investment opportunity in the heart of Beechwood Village. This well-maintained triplex offers the rare combination of strong rental income, an enviable location, and exceptional flexibility for both investors and owner-occupiers.The property features three thoughtfully laid-out two-bedroom, one-bathroom residential units, currently generating $5,363 per month in rental income, or approximately $64,356 annually. The upper unit rents for $1,580/month, the main-level unit for $1,925/month, and the lower unit for $1,858/month. The main-level residence has been beautifully updated with new flooring, stainless steel appliances, and a renovated bathroom, adding to its appeal and rental potential.Three outdoor parking spaces are included, and the property generates an additional approximately $1,200 annually through pay-per-use laundry. Tenants are responsible for their own hydro.An exceptional opportunity to add a quality multi-residential property to your portfolio, or live comfortably in one unit while generating rental income from the other two. With three separate units and multiple income streams, this property offers both immediate revenue and long-term potential.Located in the sought-after Beechwood Village community, residents enjoy convenient access to downtown Ottawa, public transit, shops, restaurants, schools, parks, and hospitals. A compelling opportunity to acquire a versatile income-producing property in one of Ottawa's established and highly desirable neighbourhoods. Some photos are virtually staged. (id:28469)

Facts & features

Property

MLS® Number
X13758962
Property Type
Multi-family
Community Name
3402 - Vanier
Parking Space Total
3

Building

Bathroom Total
3
Bedrooms Above Ground
6
Bedrooms Total
6
Appliances
Dryer, Stove, Washer, Refrigerator
Basement Type
Full
Cooling Type
None
Exterior Finish
Brick
Foundation Type
Poured Concrete
Heating Fuel
Natural Gas
Heating Type
Radiant Heat
Stories Total
3
Size Interior
1,500 - 2,000 Sqft
Type
Triplex
Utility Water
Municipal Water

Parking

No Garage

Land

Acreage
No
Sewer
Sanitary Sewer
Size Depth
100 Ft
Size Frontage
40 Ft
Size Irregular
40 X 100 Ft
Size Total Text
40 X 100 Ft

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$3,981/mo
Ontario land transfer tax
$14,455 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Vanier market

71 Active listings
$659,900 Median asking price
36% above median This home
35 days Avg. time on market
Browse all Vanier listings →

Location

134 Jolliet Avenue, Ottawa, Ontario K1L 5J7  ·  Get directions

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