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Tony & Ledi Real Estate Team

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Est. payment | -/mo

4 Beds

2 Baths

Save

Est. payment | -/mo

Save

4 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision 3402 - Vanier

MLS Listing ID X13445952

Style 1 Storey/Apt

Bedrooms 4

Annual Tax Amount $4,682

Tax Year 2025

Property Sub-Type Duplex

Property Description

Great investment opportunity! With a strong cash-flow potential in this duplex, each unit offers 2 bedrooms, 3 piece bathrooms, in suite laundry, separate entrances, and ample parking spaces. Fast growing community near Beechwood Village. Consistent income due to high demand. Being close to Beechwood benefits from high end cafes, shopping and public transit. Strong rental demands due to accessibility. Perfect for investors, owner-occupants, or multi-generational living, this property provides flexibility and long-term value. Land assembly is also possible. Possibility of redevelopment converted into a large multi unit building with the sale of 40 & 46 Jolliet combined. Area is 3,982.64 ft (0.091 ac). Land assembly is also possible. Redevelopment options subject to city of Ottawa approvals and zoning bylaws. Conveniently located near grocery stores, shopping, restaurants, schools, public transit, and other key amenities, it offers the location and features tenants are looking for. Walking distance to New Edinburgh, Rockcliffe, and not far from downtown. Whether you're looking to grow your investment portfolio or offset your mortgage with rental income, this property is not to be missed. Upper unit $1,600 per month + hydro. The Lower unit $1,500 per month + hydro. Gross rents $37,200 annually. The current expenses include: Water - $200 per month, Insurance - $150 per month, HWT & service contract. Net operating income is $33,000. Opportunity to increase the rent. Please connect with listing agent for further details.

Location

Province ON

County Ottawa

Area Ottawa

Zoning R4E

Rooms

Family Room No

Basement Apartment, Full

Kitchen 2

Interior

Interior Features Other

Cooling Window Unit(s)

Inclusions Two Refrigerators, Two Stoves, Two Washers, Two Dryers.

Exterior

Parking Features Private Double

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 40.0

Lot Depth 100.0

Total Parking Spaces 9

Building

Foundation Concrete

Others

Senior Community No

ParcelsYN No

Listed by REMAX BOARDWALK REALTY

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46 Jolliet AVE Vanier And Kingsview Park, ON K1L 5H5