4 Beds 3 Bath

105 Jolliet Avenue, Vanier and Kingsview Park, ON K1L 5H1

Vanier and Kingsview Park K1L 5H1 Ontario

MLS: X12376111

$599,000

Added 18 days ago | For Sale

Listed by: ROYAL LEPAGE TEAM REALTY

About Property

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.

Features

  • House Style:Duplex
  • Bathrooms:3
  • Land Size: 40 X 78
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Beechwood Ave & Jolliet Ave
  • Basement:Apartment,Full , Apartment,Full
  • Possession Date:TBD
  • Annual Property taxes: $4572
  • Bedrooms:4
  • Total Parking Spaces:8
  • Parking Places:8
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:X12376111

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