ON
Ottawa
K1L5H1
105 Jolliet Avenue
105 Jolliet Avenue, Ottawa, ON K1L5H1
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Listing Type
Multi Family
Listing Status
active
30
$599,000

Home Details for 105 Jolliet Avenue

Price
$599,000
Type
Residential Income
Bedrooms
4
Bathrooms
3.0
Square feet
NaN
Parking
Days on site
22
Listing #
X12376111
Property Description

Discover this renovated duplex with a third non-conforming unit at 105 Jolliet Ave a prime income property just steps from Beechwood Villages shops, cafés, and restaurants! Fully updated living spaces deliver strong rental demand and a turnkey, cash-flowing asset in one of Ottawas fastest-growing neighbourhoods.The main and lower levels feature bright, modernized apartments with functional layouts, contemporary kitchens, and stylish finishes, while the third non-conforming unit upstairs adds extra flexibility and income potential. On-site parking and a desirable corner lot further enhance tenant appeal.Reliable tenants ensure seamless cash flow: Upper $1,900/month all-inclusive (lease to Sept 2026); Main $2,000/month all-inclusive (since Oct 2024); Lower $1,600/month all-inclusive (vacant Oct 1 after tenant leaves Sept 30). Fully leased, this property produces approx. $66,000 gross annually, with upside in re-leasing the lower unit at market rates. Expenses remain efficient (Hydro - $200/mo; Water - $200/mo; Gas - $150/mo; Reliance rental A/C - $150/mo; Insurance - $250/mo; Hot water tank owned). Surrounded by premium infill and redevelopment, 105 Jolliet combines turnkey cash flow today with long-term appreciation tomorrow. (id:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Central Air
Listing Courtesy: ROYAL LEPAGE TEAM REALTY
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EXIT EXCEL REALTY, BROKERAGE
1550 Carling Ave. Suite 204, Ottawa, ON K1Z 8S8
Office
613 822 8999
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