$ 950.000

110 Genest Street, Ottawa

30 Photos

110 Genest Street, Ottawa, ON K1C7Z2 Photo 2

110 Genest Street, Ottawa, ON K1C7Z2 Photo 3

110 Genest Street, Ottawa, ON K1C7Z2 Photo 4

110 Genest Street, Ottawa, ON K1C7Z2 Photo 5

110 Genest Street, Ottawa, ON K1C7Z2 Photo 6

110 Genest Street, Ottawa, ON K1C7Z2 Photo 7

MLS®: 1350513
Type: Townhouse

Added: 296 days ago

Property Details

Welcome to 110 Genest - Discover an exceptional investment opportunity in one of Ottawa's up and coming neighbourhoods - steps from Beechwood Avenue! This exceptionally well-maintained corner lot triplex features three 2-bed, 1 bath units with full sized in-unit laundry. Additional updates: high-efficiency boiler (2018) ,updated windows (Unit 1 in 2018, Unit 2 in 2022, Unit 3 in 2019), flat roof (approx. 2010) ,copper water service (2019), rebuilt property entrance/basement stairs (2020) and ductless air conditioners in two units. All units have sub-metered hydro, and no rental equipment in building, all owned. All units are tenanted. Quick walk to Metro grocery store, Starbucks, LCBO, Anytime Fitness, Rideau River & dozens of other great amenities. Gross rent is currently $55,740/year, Expenses for 2022 were approx. 10,846.99, cap rate approx. 4.72%. Don't miss your chance to own an investment property in this rapidly developing neighbourhood. (id:1945)

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Property Information

Sewer: Municipal sewage system
Cooling: Heat Pump
Heating: Heat Pump, Radiant heat, Natural gas
List AOR: Ottawa
Stories: 3
Tax Year: 2022
Basement: Finished, Full
Flooring: Tile, Hardwood
Lot Features: Corner Site, Balcony
Photos Count: 30
Water Source: Municipal water
Parcel Number: 042350411
Parking Total: 3
Structure Type: Triplex
Parking Features: Attached Garage, Surfaced, Tandem
Tax Annual Amount: 4750
Exterior Features: Brick
Existing Lease Type: Gross
Foundation Details: Poured Concrete
Lot Size Dimensions: 41.62 ft X 59.93 ft (Irregular Lot)
Zoning Description: R4UA
Number Of Units Total: 3

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Nearby Places

Name	Type	Address	Distance
High Commission of India, Ottawa	It is located at 10 Springfield Road in Ottawa, th...		0.4 km
Beechwood Cemetery And Funeral Services	Cemetery	280 Beechwood Ave	0.5 km
Lindenlea	It is bordered by Maple Lane to the north, Acacia ...		0.5 km
1985 Turkish embassy attack in Ottawa	On 12 March 1985, agents of the Armenian Revolutio...		0.6 km
Embassy of Turkey, Ottawa	It is housed in a sprawling Tudor style manor loca...		0.6 km
Embassy of Romania, Ottawa	The Embassy of Romania in Ottawa is the diplomatic...		0.6 km
Cummings Bridge	The Cummings Bridge in Ottawa, constructed in 1921...		0.7 km
Wallis House	Wallis House is a prominent Ottawa, Canada landma...		0.8 km
Cummings Island	Robert Cummings, son of the first settlers on the ...		0.8 km
Emerald Buffet	Restaurant	33 Selkirk St	0.8 km
MacKay United Church	The church is located at the intersection of 39 Du...		0.9 km
Crichton Street Public School	In 2000, The School of Dance purchased 200 Crichto...		0.9 km

Similar Townhouses Stat in Ottawa

We have found 6 Townhomes that closely match the specifications of the property located at 110 Genest Street with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 615,000 and 974,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Townhomes in the K1C7Z2 postal code area of Ottawa Ontario Canada.

110 Genest Street mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 110 Genest Street. The current price of the property is $950,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $760,000. This would result in a monthly mortgage payment of $4,442 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	20
Bachelor's degree	40
University / Below bachelor level	10
Certificate of Qualification	10
College	60
University degree at bachelor level or above	65

Neighbourhood Marital Status Stat

Married	85
Widowed	15
Divorced	40
Separated	15
Never married	175
Living common law	65
Married or living common law	150
Not married and not living common law	240

Neighbourhood Construction Date

1961 to 1980	95
1981 to 1990	20
1991 to 2000	10
2006 to 2010	10
1960 or before	115

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