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:37351)
MLS® Number | X12376111 |
Property Type | Multi-family |
Community Name | 3402 - Vanier |
EquipmentType | Water Heater - Gas, Air Conditioner |
ParkingSpaceTotal | 8 |
RentalEquipmentType | Water Heater - Gas, Air Conditioner |
BathroomTotal | 3 |
BedroomsAboveGround | 4 |
BedroomsTotal | 4 |
Appliances | Dishwasher, Dryer, Microwave, Stove, Two Washers, Refrigerator |
BasementFeatures | Apartment In Basement |
BasementType | Full |
CoolingType | Central Air Conditioning |
ExteriorFinish | Vinyl Siding |
FoundationType | Block |
HeatingFuel | Natural Gas |
HeatingType | Forced Air |
StoriesTotal | 2 |
SizeInterior | 1,100 - 1,500 Ft2 |
Type | Duplex |
UtilityWater | Municipal Water |
No Garage |
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 78 Ft |
SizeFrontage | 40 Ft |
SizeIrregular | 40 X 78 Ft |
SizeTotalText | 40 X 78 Ft |
ZoningDescription | R4ud |
https://www.realtor.ca/real-estate/28803688/105-jolliet-avenue-ottawa-3402-vanier
Contact us for more information
Charles Khouri
Salesperson
(613) 725-1171
(613) 725-3323
www.teamrealty.ca/