For Sale Multi-Family

64 Genest Street

$1,899,000 Est. $8,408/mo ↓

Ottawa, Ontario K1L 7Z2

15 Bedrooms
6 Bathrooms
5,000 - 100,000 sqft Interior
4 Parking spaces
49.9 X 98.9 Ft Lot size
33 days ago Listed
Virtual tour None Forced Air

About this home

This Completely Updated 6 unit apartment building which enjoys premium rental location, is just minutes to downtown, steps to the cafes/restaurants along Beechwood Avenue, steps to shopping, surrounded by parks, and minutes to the Rideau River and Ottawa River. The apartments are charming, spacious and bright and are in excellent condition with modern kitchens, all with dishwashers, and attractive modern bathrooms. Lovely flooring throughout. There are three - 3 bedroom apartments and three - 2 bedroom apartments. The roof is just three years old (redone in 2023) and the windows are modern pvc windows.There are four parking spaces and coin operated laundry is located in the building. This is an impeccable low maintenance and beautifully updated building, which enjoys excellent rental location with very desirable 2 and 3 bedroom apartments and is the ideal investment property. The Annual Gross Revenue is $141,348.00. The Annual Expenses are $27,4988. The Net Income is $113,860.00 per year. Rent Roll and Financial Statement available upon request. 48 hour notice required for all showings. (id:28469)

Facts & features

Property

MLS® Number
X13595786
Property Type
Multi-family
Community Name
3402 - Vanier
Parking Space Total
4

Building

Bathroom Total
6
Bedrooms Above Ground
15
Bedrooms Total
15
Appliances
Dishwasher, Dryer, Stove, Washer, Refrigerator
Basement Features
Apartment In Basement
Basement Type
N/a
Cooling Type
None
Exterior Finish
Brick, Vinyl Siding
Foundation Type
Poured Concrete
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
3
Size Interior
5,000 - 100,000 Sqft
Type
Other
Utility Water
Municipal Water

Parking

No Garage

Land

Acreage
No
Sewer
Sanitary Sewer
Size Depth
98 Ft ,10 In
Size Frontage
49 Ft ,10 In
Size Irregular
49.9 X 98.9 Ft
Size Total Text
49.9 X 98.9 Ft

The Vanier market

71 Active listings
$599,900 Median asking price
217% above median This home
34 days Avg. time on market
Browse all Vanier listings →

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
$8,408/mo
Ontario land transfer tax
$34,455 one-time

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

Location

64 Genest Street, Ottawa, Ontario K1L 7Z2  ·  Get directions

Want first look at new Vanier homes in this price range?

Create a free account