137 Genest Street
3402 - Vanier, Vanier And Kingsview Park, K1L 7Y8
FOR SALE
$550,000
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5
BEDROOMS 3
BATHROOMS 2
KITCHENS 14 + 2
ROOMS X14095550
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Property Description
Detached homes at this price are hard to find. 137 Genest Street is a freehold front-to-back duplex with over 1,900 square feet above grade. The front unit was built in 1932, and the back section was added decades later. Each unit has its own living and dining space, with five bedrooms and 2.5 bathrooms in total (one full bath in the front, 1.5 in the back). Live in one unit and rent the other to offset your mortgage. Bring the extended family together under one roof. Or hold it as a straight investment. The deep lot has room for gardening, pets, or a quiet afternoon outside. A detached garage adds storage and parking, and there are no condo fees. The same family has owned and cared for the home since the 1960s. Vanier puts you just east of downtown, close to local schools, the independent shops along Beechwood Avenue, and the pathways along the Rideau River.
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Property Features
Separate Hydro Meter
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Property Details
Address
137 Genest Street
Community
Postal Code
K1L 7Y8
Property Type
Duplex, Duplex
Lot Size
40' x 99'
Taxes
$4,197 (2026
Basement
Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
Detached
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Listing contracted with Royal Lepage Performance Realty
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.
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Investment or Development Opportunity! Legal duplex on a 40 x 100 lot situated at the top end of Marier Ave, just 1.5 blocks away from Beechwood Avenue! Each unit has 2 bed, 1 full bath, Kitchen and combined Living/dining areas. Unit 1 has access to basement with tons of additional storage. Unit 1 tenant vacating at end of June- ideal opportunity for investors to find their own tenant or to live in one unit and rent the other. Ample parking for both tenants and a detached garage for extra storage. Taxes per Geowarehouse. Sold under power of sale. Sold As-Is, Where Is. Seller does not warranty any aspects of property, including but not limited to: sizes, taxes or condition. Minimum 24 hrs notice for all showings.
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