105 JOLLIET AVENUE|Ottawa, Ontario K1L5H1

MLS Number: X12455653

Property Details: • Type: Multi-family • Ownership Type: N/A • Bedrooms: 4 • Bathrooms: 3 • Building Type: Duplex • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: No Garage • Parking Spaces: N/A

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. (41430728)

Agent Information: • Agents: Charles Khouri • Contact: 613-864-3327 • Brokerage: ROYAL LEPAGE TEAM REALTY • Website: http://www.teamrealty.ca/

Time on Realtor: 7 days ago