134 Jolliet Avenue, Vanier And Kingsview Park, ON K1L 5J7

$899,000
6
BD
3
BA
1,500
SqFt

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List Price
$899,000
MLS#
X13758962
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
3-Storey
Bedrooms
6
Bathrooms
3
Living Area
1500-2000
Province
ON
Municipality
Vanier And Kingsview Park
Area
Ottawa
Neighborhood
3402 - Vanier
Subdivision
Beechwood

Property Description

Exceptional investment opportunity in the heart of Beechwood Village. This well-maintained triplex offers the rare combination of strong rental income, an enviable location, and exceptional flexibility for both investors and owner-occupiers.The property features three thoughtfully laid-out two-bedroom, one-bathroom residential units, currently generating $5,363 per month in rental income, or approximately $64,356 annually. The upper unit rents for $1,580/month, the main-level unit for $1,925/month, and the lower unit for $1,858/month. The main-level residence has been beautifully updated with new flooring, stainless steel appliances, and a renovated bathroom, adding to its appeal and rental potential.Three outdoor parking spaces are included, and the property generates an additional approximately $1,200 annually through pay-per-use laundry. Tenants are responsible for their own hydro.An exceptional opportunity to add a quality multi-residential property to your portfolio, or live comfortably in one unit while generating rental income from the other two. With three separate units and multiple income streams, this property offers both immediate revenue and long-term potential.Located in the sought-after Beechwood Village community, residents enjoy convenient access to downtown Ottawa, public transit, shops, restaurants, schools, parks, and hospitals. A compelling opportunity to acquire a versatile income-producing property in one of Ottawa's established and highly desirable neighbourhoods. Some photos are virtually staged.

Additional Information

Taxes
$6,144
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Kitchens
3
Exterior
Brick
Garage Type
None
Pool
None
Parking Spaces
3

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Listing courtesy of RE/MAX ABSOLUTE WALKER REALTY.