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$ 549,999
Est. payment /mo
New
105 JOLLIET AVENUE Ottawa, ON K1L5H1
4 Beds
3 Baths
1,100 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $499
Subdivision 3402 - Vanier
MLS® Listing ID X12455653
Bedrooms 4
Source Ottawa Real Estate Board
Property 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 neighbourhoods.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:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 8
Private Pool No
Building
Story 1.5
Sewer Sanitary sewer
Listed by ROYAL LEPAGE TEAM REALTY
