Description
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:13843)
Details
| MLS # | X14091262 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 12 |
| Listing Provided By | ROYAL LEPAGE TEAM REALTY | Charles Khouri |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 700 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R4UD |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Refrigerator, Water meter, Dishwasher, Stove, Dryer, Microwave, Two Washers, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Flat site, In-Law Suite |
|---|---|
| Foundation Details | Block |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 8 |
Utilities
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 4770 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1L5H1 |
| Listing VS Median (in K1L5H1) | |
Price: $499,000 low | high Med: $499,000 sqft: 700 low | high Med: 700 $ / sqft: $713 low | high Med: $713 On site: 12 low | high Med: 12 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1L5H1 |
| Listing VS Median (in K1L5H1) | |
Price: $499,000 low | high Med: $499,000 sqft: 700 low | high Med: 700 $ / sqft: $713 low | high Med: $713 On site: 12 low | high Med: 12 | |
