For Sale Multi-Family

194 Genest Street Ottawa, Ontario K1L 7Y6

$549,900 MLS® X13139076
3 Bedrooms
2 Bathrooms
700 - 1,100 sqft Interior
2 Parking spaces
40 X 85.3 Ft Lot size
Bungalow Central Air Conditioning Forced Air

About this home

Nestled in a quiet residential pocket steps from Optimist Park, 194 Genest Street offers a rare opportunity to own an income-producing duplex in the heart of Ottawa's vibrant and rapidly evolving Vanier North community. Just a short stroll to Beechwood Avenue, you'll enjoy easy access to boutique shops, cafés, 5-star dining, and everyday necessities. Nearby scenic pathways along the Rideau River & surrounding green spaces offer the perfect balance of urban living and nature. Commuters will appreciate quick connections to downtown Ottawa and the Byward Market, making this an ideal location for both lifestyle and convenience. This absolutely charming duplex features two self-contained units, each with in-unit laundry. The main floor unit offers a bright and inviting living room, two spacious bedrooms, 4 piece bathroom, and eat-in kitchen with direct access to a large deck...perfect for enjoying morning coffee. The lower-level unit, with its own separate entrance, includes a large kitchen with breakfast bar overlooking the main living area, one spacious bedroom, and 4 piece bathroom. The fully fenced, private backyard is a true highlight, ideal for hosting summer BBQs and relaxing outdoors. While the property offers amazing value as-is, it also presents substantial, long-term upside. With newly updated zoning bylaws, this home now falls in the N3B zone, allowing for future multi-unit redevelopment (buyer to verify specifics). This offers exciting possibilities for investors and forward-thinking buyers alike. Live in one unit while offsetting your mortgage with rental income, rent both units as a turnkey investment, or hold for future redevelopment. As Vanier continues to transform and grow, this is a fabulous opportunity to secure a home that blends character, income potential, and long-term growth in one of Ottawa's hottest up-and-coming neighbourhoods! (id:28469)

Facts & features

Property

MLS® Number
X13139076
Property Type
Multi-family
Community Name
3402 - Vanier
Equipment Type
Water Heater
Features
Carpet Free
Parking Space Total
2
Rental Equipment Type
Water Heater

Building

Bathroom Total
2
Bedrooms Above Ground
2
Bedrooms Below Ground
1
Bedrooms Total
3
Appliances
Dishwasher, Dryer, Hood Fan, Two Stoves, Two Washers, Two Refrigerators
Architectural Style
Bungalow
Basement Development
Finished
Basement Features
Separate Entrance, Apartment In Basement
Basement Type
N/a, N/a (finished), N/a
Cooling Type
Central Air Conditioning
Exterior Finish
Vinyl Siding
Foundation Type
Block
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
1
Size Interior
700 - 1,100 Sqft
Type
Duplex
Utility Water
Municipal Water

Parking

No Garage

Land

Acreage
No
Sewer
Sanitary Sewer
Size Depth
85 Ft ,3 In
Size Frontage
40 Ft
Size Irregular
40 X 85.3 Ft
Size Total Text
40 X 85.3 Ft

Rooms

Main Level

  • Living Room 4.97 m x 3.7 m
  • Bedroom 2 2.94 m x 3.11 m
  • Primary Bedroom 2.93 m x 3.34 m
  • Kitchen 3.97 m x 4.24 m
  • Bathroom 1.26 m x 2.16 m

Location

194 Genest Street, Ottawa, Ontario K1L 7Y6  ·  Get directions

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.