$499,000

Welcome to 105 Jolliet Avenue, a renovated income property ideally situated just steps from the shops, cafés, and restaurants of Beechwood Village! Located in one of Ottawa's most desirable urban neighbourhoods, this legal duplex with an additional non-permitted third unit offers investors an attractive combination of rental income, flexibility, and long-term potential. The property features three updated living spaces, each offering bright interiors, functional layouts, modern kitchens, and stylish finishes throughout. A desirable corner lot and on-site parking further add to the property's appeal! The upper unit is rented for $1,900 per month, all-inclusive, tenants currently on a month to month lease. The lower unit is rented for $1,300 per month plus hydro expiring on March 31st, 2027, while the main floor unit is rented for $2,000 per month, all-inclusive, with a tenancy expiring August 31st, 2027. Together, the three units generate approximately $62,400 in annual gross rental income at the stated rents. Monthly operating expenses 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 $250 for insurance. Whether you're looking to expand your investment portfolio or explore the potential to occupy one unit while generating rental income from the others, 105 Jolliet Avenue presents an excellent opportunity to invest in a well-established neighbourhood surrounded by ongoing infill and redevelopment. Enjoy the convenience of Beechwood Village, with restaurants, cafés, shops, parks, and everyday amenities just moments from your doorstep! (id:56106)

Property Details

MLS® Number	X14091262
Property Type	Multi-family
Community Name	3402 - Vanier
Equipment Type	Air Conditioner, Water Heater, Furnace
Features	Flat Site, In-law Suite
Parking Space Total	8
Rental Equipment Type	Air Conditioner, Water Heater, Furnace

Building

Bathroom Total	3
Bedrooms Above Ground	4
Bedrooms Total	4
Age	51 To 99 Years
Amenities	Separate Electricity Meters
Appliances	Water Meter, Water Heater, Dishwasher, Dryer, Microwave, Stove, Two Washers, Refrigerator
Basement Development	Finished
Basement Type	Full (finished)
Cooling Type	Central Air Conditioning
Exterior Finish	Vinyl Siding
Foundation Type	Block
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	700 - 1,100 Sqft
Type	Duplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	78 Ft
Size Frontage	40 Ft
Size Irregular	40 X 78 Ft
Size Total Text	40 X 78 Ft
Zoning Description	R4ud

Utilities

Cable	Installed
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/30415901/105-jolliet-avenue-ottawa-3402-vanier