$515,000
Available - For Sale
Listing ID: X13665026
105 Jolliet Avenue , Vanier and Kingsview Park, K1L 5H1, Ottawa
| Welcome to 105 Jolliet Avenue, a renovated income property ideally located just steps from the shops, cafés, and restaurants of Beechwood Village. This legal duplex also includes a third non permitted unit, offering investors or owner occupiers a strong combination of existing rental income, flexibility, and long term upside in one of Ottawa's most desirable urban neighbourhoods.The property features three updated living spaces with bright interiors, functional layouts, modern kitchens, and stylish finishes. The main unit is currently vacant and ready for an owner occupier, while the upper and lower units provide immediate rental income. On site parking and a desirable corner lot further add to the property's appeal. The upper unit is currently rented for $1,900 per month all inclusive, with a lease in place until September 2026. The lower unit is rented for $1,300 per month plus hydro. The vacant main unit was previously rented for $2,000 per month all inclusive, giving the property potential gross rental income of approximately $62,400 annually if fully leased.Monthly operating costs include approximately $200 for hydro, $200 for water, $150 for gas, $143.53 for the Reliance rental furnace, air conditioner, and hot water tank, and approximately $250 for insurance.Whether you are looking to live in one unit while offsetting your mortgage with rental income or add a renovated multi unit property to your portfolio, 105 Jolliet Avenue offers immediate income today with strong long term potential in a neighbourhood surrounded by continued infill and redevelopment. |
| Price | $515,000 |
| Taxes: | $4572.00 |
| Occupancy: | Tenant |
| Address: | 105 Jolliet Avenue , Vanier and Kingsview Park, K1L 5H1, Ottawa |
| Directions/Cross Streets: | Beechwood Ave. & Jolliet Ave. |
| Rooms: | 14 |
| Bedrooms: | 4 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Full, Finished |
| 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 |
| Approximatly Age: | 51-99 |
| Property Type: | Duplex |
| Style: | 1 1/2 Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Other, Pri |
| Drive Parking Spaces: | 8 |
| Park #1 | |
| Parking Type: | Other, Pri |
| Park #2 | |
| Parking Type: | Other |
| Park #3 | |
| Parking Type: | Private Tr |
| Pool: | None |
| Approximatly Age: | 51-99 |
| 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: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Cable: | Y |
| Utilities-Hydro: | Y |
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| ROYAL LEPAGE TEAM REALTY |
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Sachi Patel
Broker
Dir:
647-702-7117
Bus:
6477027117
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At a Glance:
| Type: | Freehold - Duplex |
| Area: | Ottawa |
| Municipality: | Vanier and Kingsview Park |
| Neighbourhood: | 3402 - Vanier |
| Style: | 1 1/2 Storey |
| Approximate Age: | 51-99 |
| Tax: | $4,572 |
| Beds: | 4 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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