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$1,899,000

Active
64 Genest Street, Ottawa, ON· Vanier
15
Bedrooms
6
Bathrooms
5000 +
Sq Ft
$380
Per Sq Ft
4
None Parking

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About this Property

  • There are three - 3 bedroom apartments and three - 2 bedroom apartments

This Completely Updated 6 unit apartment building which enjoys premium rental location, is just minutes to downtown, steps to the cafes/restaurants along Beechwood Avenue, steps to shopping, surrounded by parks, and minutes to the Rideau River and Ottawa River. The apartments are charming, spacious and bright and are in excellent condition with modern kitchens, all with dishwashers, and attractive modern bathrooms. Lovely flooring throughout. There are three - 3 bedroom apartments and three - 2 bedroom apartments. The roof is just three years old (redone in 2023) and the windows are modern pvc windows.There are four parking spaces and coin operated laundry is located in the building. This is an impeccable low maintenance and beautifully updated building, which enjoys excellent rental location with very desirable 2 and 3 bedroom apartments and is the ideal investment property. The Annual Gross Revenue is $141,348.00. The Annual Expenses are $27,4988. The Net Income is $113,860.00 per year. Rent Roll and Financial Statement available upon request. 48 hour notice required for all showings.

Listed by FIRST CHOICE REALTY ONTARIO LTD. · MLS# X13595786

About Vanier

Urban Revitalizing · Avg $500K

Vanier is a compact urban neighbourhood located just east of the Rideau River from downtown Ottawa, undergoing a significant revitalization that has caught the attention of savvy buyers, investors, and first-time homeowners looking for affordable central living with strong appreciation potential. Once a separate francophone municipality before amalgamation, Vanier retains a distinctive French-Canadian cultural identity while embracing the multicultural diversity that has become one of its defining characteristics.

Avg Home Price$500K
Walk Score80
To ByWard Market10 min
Drive to Downtown8 min
View Full Vanier Guide

Features & Details

Property details of 64 Genest Street, Ottawa, ON

Property TypeMultiplex
Style2 1/2 Storey
Size5000 + sq ft
BasementApartment
Total Parking4

Location

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Mortgage Calculator

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%
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Mortgage Payment$9,329/monthly
Principal54%
Interest46%
Principal Amount$1,519,200
Interest$1,279,565
Total Payable$2,798,765
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$9,329
Mortgage + Expenses$9,329
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$
$
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Monthly Cash Flow-$9,329

* Estimate only. Consult a mortgage broker for accurate figures.

5.0 · 70+ Google reviews
+1 (613) 804-9117ak@realtorakash.ca
Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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