New Listing
Description
Welcome to 105 Jolliet Avenue, a renovated income property ideally located just steps from the shops, cafés, and restaurants of Beechwood Village. This legal duplex also includes a third non permitted unit, offering investors or owner occupiers a strong combination of existing rental income, flexibility, and long term upside in one of Ottawa's most desirable urban neighbourhoods. The property features three updated living spaces with bright interiors, functional layouts, modern kitchens, and stylish finishes. The main unit is currently vacant and ready for an owner occupier, while the upper and lower units provide immediate rental income. On site parking and a desirable corner lot further add to the property's appeal. The upper unit is currently rented for $1,900 per month all inclusive, with a lease in place until September 2026. The lower unit is rented for $1,300 per month plus hydro. The main unit is rented for $2,000 per month all inclusive, beginning September 1st, 2026, giving the property a gross rental income of approximately $62,400 annually if fully leased. Monthly operating costs include approximately $200 for hydro, $200 for water, $150 for gas, $143.53 for the Reliance rental furnace, air conditioner, and hot water tank, and approximately $250 for insurance. Whether you are looking to live in one unit while offsetting your mortgage with rental income or add a renovated multi unit property to your portfolio, 105 Jolliet Avenue offers immediate income today with strong long term potential in a neighbourhood surrounded by continued infill and redevelopment. (id:13843)
Details
| MLS # | X14091262 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 5 |
| Listing Provided By | ROYAL LEPAGE TEAM REALTY | Charles Khouri |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 700 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | R4UD |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Refrigerator, Water meter, Dishwasher, Stove, Dryer, Microwave, Two Washers, Water Heater |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Flat site, In-Law Suite |
|---|---|
| Foundation Details | Block |
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 8 |
Utilities
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 4770 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1L5H1 |
| Listing VS Median (in K1L5H1) | |
Price: $499,000 low | high Med: $499,000 sqft: 700 low | high Med: 700 $ / sqft: $713 low | high Med: $713 On site: 5 low | high Med: 5 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Ottawa |
| Postal Code | K1L5H1 |
| Listing VS Median (in K1L5H1) | |
Price: $499,000 low | high Med: $499,000 sqft: 700 low | high Med: 700 $ / sqft: $713 low | high Med: $713 On site: 5 low | high Med: 5 | |
