$ 629,000
-
$629,000
Price -
4
Bed -
2
Bath -
700
SqFt
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About the Listing 501504 -
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.
Listing Highlights
Status
Active
Days on Site
30
Property Type
Multi-Family
MLS ®
X13445952
Year Built
Total Square Footage
700
Lot/Acreage
N/A
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Apartment,Full
- Other: 2 Kitchens
- Water:
Exterior Details
- Garage Capacity: 2 car
- Roof: Asphalt Shingle
- Others:
- Sewer: Sewer
- Parking Features: Private Double,Detached,No Garage
Financial Details
- Tax Amount: $4,682
- Taxes w/Assessments: N/A
- Tax/Property ID: 042350024
- Tax Year: 2025
Payment Calculator
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Questions About..
46 Jolliet Ave Vanier and Kingsview Park, ON K1L 5H5
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