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$ 629,000
Est. payment /mo
New
46 Jolliet AVE Vanier And Kingsview Park, ON K1L 5H5
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision 3402 - Vanier
MLS Listing ID X13445952
Style 1 Storey/Apt
Bedrooms 4
Annual Tax Amount $4,682
Tax Year 2025
Property Sub-Type Duplex
Property Description
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.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement Apartment, Full
Kitchen 2
Interior
Interior Features Other
Cooling Window Unit(s)
Fireplace No
Heat Source Electric
Exterior
Parking Features Private Double
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 40.0
Lot Depth 100.0
Total Parking Spaces 9
Building
Foundation Concrete
Others
ParcelsYN No
Listed by REMAX BOARDWALK REALTY