Sale
22 hours on website
$549,999
Apartment
105 JOLLIET AVENUE
Ottawa, 3402 - Vanier K1L5H1
No obligation In-Person or Video Chat Tour
Beds · 4
Baths · 3.0
Sqft · 1100 - 1500
Description
Discover this renovated duplex with a third non-conforming unit at 105 Jolliet Ave a prime income property just steps from Beechwood Villages shops, cafés, and restaurants! Fully updated living spaces deliver strong rental demand and a turnkey, cash-flowing asset in one of Ottawas fastest-growing ne...ighbourhoods.The main and lower levels feature bright, modernized apartments with functional layouts, contemporary kitchens, and stylish finishes, while the third non-conforming unit upstairs adds extra flexibility and income potential. On-site parking and a desirable corner lot further enhance tenant appeal.Reliable tenants ensure seamless cash flow: Upper $1,900/month all-inclusive (lease to Sept 2026); Main $2,000/month all-inclusive (since Oct 2024); Lower $1,600/month all-inclusive (vacant Oct 1 after tenant leaves Sept 30). Fully leased, this property produces approx. $66,000 gross annually, with upside in re-leasing the lower unit at market rates. Expenses remain efficient (Hydro - $200/mo; Water - $200/mo; Gas - $150/mo; Reliance rental A/C - $150/mo; Insurance - $250/mo; Hot water tank owned). Surrounded by premium infill and redevelopment, 105 Jolliet combines turnkey cash flow today with long-term appreciation tomorrow. (id:10452)
General
Type
Apartment
Style
Duplex
Year Built
-
Square Footage
1100 - 1500 sqft
Taxes
-
Maintenance Fee
-
Est. mortgage
$2,087/mo
Sign up and ask a question
Please fill out this field
Please fill out this field
Please fill out this field
Please fill out this field
By continuing you agree to our Terms of use and Privacy Policy.
Ahmad Nawaz
Sales Representative
Email: [email protected]
Phone: 613-539-1458
Listing courtesy of:
ROYAL LEPAGE TEAM REALTY
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.