64 Genest Street, Vanier And Kingsview Park, ON K1L 7Z2

$1,899,000
15
BD
6
BA

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List Price
$1,899,000
MLS#
X13595786
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
2 1/2 Storey
Bedrooms
15
Bathrooms
6
Living Area
5000 +
Province
ON
Municipality
Vanier And Kingsview Park
Area
Ottawa
Neighborhood
3402 - Vanier
Subdivision
Beechwood Avenue.

Property Description

This Completely Updated 6 unit apartment building which enjoys premium rental location, is just minutes to downtown, steps to the cafes/restaurants along Beechwood Avenue, steps to shopping, surrounded by parks, and minutes to the Rideau River and Ottawa River. The apartments are charming, spacious and bright and are in excellent condition with modern kitchens, all with dishwashers, and attractive modern bathrooms. Lovely flooring throughout. There are three - 3 bedroom apartments and three - 2 bedroom apartments. The roof is just three years old (redone in 2023) and the windows are modern pvc windows.There are four parking spaces and coin operated laundry is located in the building. This is an impeccable low maintenance and beautifully updated building, which enjoys excellent rental location with very desirable 2 and 3 bedroom apartments and is the ideal investment property. The Annual Gross Revenue is $141,348.00. The Annual Expenses are $27,4988. The Net Income is $113,860.00 per year. Rent Roll and Financial Statement available upon request. 48 hour notice required for all showings.

Additional Information

Taxes
$10,418
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Kitchens
6
Exterior
Brick, Vinyl Siding
Garage Type
None
Pool
None
Parking Spaces
4

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Calculator source: Real Geeks

Listing courtesy of FIRST CHOICE REALTY ONTARIO LTD..