173 Genest Street, Vanier And Kingsview Park, ON K1L 7Y8

$499,900
6
BD
2
BA
1,100
SqFt

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List Price
$499,900
MLS#
X13636198
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
2-Storey
Bedrooms
6
Bathrooms
2
Living Area
1100-1500
Province
ON
Municipality
Vanier And Kingsview Park
Area
Ottawa
Neighborhood
3402 - Vanier
Subdivision
Beechwood Ave And Marier Ave

Property Description

Welcome to 173 Genest Street, a versatile duplex offering an exceptional opportunity for homeowners, investors, or multi-generational families in one of Ottawa's most desirable neighbourhoods.This spacious property features 6 bedrooms across two self-contained units, making it ideal for owner occupancy with rental income or as a valuable addition to an investment portfolio.The upper unit offers 3 bedrooms, a spacious kitchen, bright living room, separate family room, and a full bathroom. The lower unit also features 3 bedrooms, a kitchen, living room, and a full bathroom, providing excellent flexibility for extended family or tenants.Currently, the lower unit is rented on a room-by-room basis, with the three bedrooms generating approximately $1930 per month ($680, $650, and $600 ) providing immediate income potential and helping offset your mortgage.While the property would benefit from some updating, it presents an excellent opportunity to renovate, build equity, and maximize its full potential in a highly sought-after location.Outside, you'll find a detached garage and parking for four vehicles, adding convenience for both owners and tenants.Located just a 5-minute walk to Beechwood Village, you'll enjoy easy access to cafés, restaurants, boutique shops, grocery stores, and everyday amenities. Situated directly across from an elementary school and close to parks, public transit, and downtown Ottawa, this is an outstanding location for families and investors alike.Whether you're looking to live in one unit while generating rental income from the other or seeking a duplex with excellent long-term potential, 173 Genest Street is a fantastic opportunity in one of Ottawa's most established neighbourhoods.

Additional Information

Taxes
$4,997
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit(s)
Family Room
Yes
Kitchens
2
Exterior
Vinyl Siding
Garage Spaces
1
Garage Type
Detached
Pool
None
Parking Spaces
5

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Calculator source: Real Geeks

Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY.