105 Jolliet Avenue, Ottawa, Ontario

$499,000

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4

Beds

3

Baths

About 105 Jolliet Avenue

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:6289)

More Info on this 3402 - Vanier Duplex MLS® listing

105 Jolliet Avenue is a duplex listing for sale in Ottawa. The MLS® number is X14091262. It features 4 bedrooms, 3 bathrooms. It's currently listed for $499,000. For more details on MLS® X14091262, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This duplex listing in 3402 - Vanier is available now!

Selling your 3402 - Vanier Duplex property?

Have a similar home to 105 Jolliet Avenue? If you’re thinking about selling your 3402 - Vanier duplex property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Ottawa property.

Features of 105 Jolliet Avenue

Listing # X14091262
Price $499,000
Bedrooms 4
Bathrooms 3.00
Type Multi-family
Sub-Type Duplex

Community Information

Address 105 Jolliet Avenue
Area 3402 - Vanier
Subdivision 3402 - Vanier
City Ottawa
Province Ontario
Postal Code K1L5H1

Amenities

Amenities Separate Electricity Meters
Utilities Sewer, Electricity, Cable
Features Flat site, In-Law Suite
Parking Spaces 8
Parking No Garage
Garages No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator, Water meter, Dishwasher, Stove, Dryer, Microwave, Two Washers, Water Heater
Heating Forced air, Natural gas
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Vinyl siding
Lot Description 40 x 78 FT
Foundation Block

Additional Information

Zoning R4UD

Listing Details

OfficeROYAL LEPAGE TEAM REALTY

Listing Map

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