Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

134 Jolliet Avenue Ottawa, Ontario K1L 5J7

6 Bedroom 3 Bathroom 1,500 - 2,000 sqft
None Radiant Heat

$899,000

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. (id:67947)

Property Details

MLS® Number X13758962
Property Type Multi-family
Community Name 3402 - Vanier
Parking Space Total 3

Building

Bathroom Total 3
Bedrooms Above Ground 6
Bedrooms Total 6
Appliances Dryer, Stove, Washer, Refrigerator
Basement Type Full
Cooling Type None
Exterior Finish Brick
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 3
Size Interior 1,500 - 2,000 Sqft
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 100 Ft
Size Frontage 40 Ft
Size Irregular 40 X 100 Ft
Size Total Text 40 X 100 Ft

https://www.realtor.ca/real-estate/30250817/134-jolliet-avenue-ottawa-3402-vanier

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Geoff Walker, RE/MAX Absolute Walker Realty · Carolyn Wagar, RE/MAX Absolute Walker Realty

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.