194 GENEST STREET, Ottawa, ON K1L7Y6
194 GENEST STREET, Ottawa, ON K1L7Y6
194 GENEST STREET, Ottawa, ON K1L7Y6
194 GENEST STREET, Ottawa, ON K1L7Y6
194 GENEST STREET, Ottawa, ON K1L7Y6
194 GENEST STREET, Ottawa, ON K1L7Y6
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$ 549,900
Est. payment | /mo

3 Beds

2 Baths

700 SqFt


$ 549,900
Est. payment | /mo

3 Beds

2 Baths

700 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700 - 1100

Square Footage 700 sqft

Price per Sqft $785

Subdivision 3402 - Vanier

MLS® Listing ID X13139076

Style Bungalow

Bedrooms 3

Property Description

Nestled in a quiet residential pocket steps from Optimist Park, 194 Genest Street offers a rare opportunity to own an income-producing duplex in the heart of Ottawa's vibrant and rapidly evolving Vanier North community. Just a short stroll to Beechwood Avenue, you'll enjoy easy access to boutique shops, cafés, 5-star dining, and everyday necessities. Nearby scenic pathways along the Rideau River & surrounding green spaces offer the perfect balance of urban living and nature. Commuters will appreciate quick connections to downtown Ottawa and the Byward Market, making this an ideal location for both lifestyle and convenience. This absolutely charming duplex features two self-contained units, each with in-unit laundry. The main floor unit offers a bright and inviting living room, two spacious bedrooms, 4 piece bathroom, and eat-in kitchen with direct access to a large deck...perfect for enjoying morning coffee. The lower-level unit, with its own separate entrance, includes a large kitchen with breakfast bar overlooking the main living area, one spacious bedroom, and 4 piece bathroom. The fully fenced, private backyard is a true highlight, ideal for hosting summer BBQs and relaxing outdoors. While the property offers amazing value as-is, it also presents substantial, long-term upside. With newly updated zoning bylaws, this home now falls in the N3B zone, allowing for future multi-unit redevelopment (buyer to verify specifics). This offers exciting possibilities for investors and forward-thinking buyers alike. Live in one unit while offsetting your mortgage with rental income, rent both units as a turnkey investment, or hold for future redevelopment. As Vanier continues to transform and grow, this is a fabulous opportunity to secure a home that blends character, income potential, and long-term growth in one of Ottawa's hottest up-and-coming neighbourhoods! (id:24570)

Location

State ON

Rooms

Kitchen 1.0

Extra Room 1 Main level 4.97 m X 3.7 m Living room

Extra Room 2 Main level 2.94 m X 3.11 m Bedroom 2

Extra Room 3 Main level 2.93 m X 3.34 m Primary Bedroom

Extra Room 4 Main level 3.97 m X 4.24 m Kitchen

Extra Room 5 Main level 1.26 m X 2.16 m Bathroom

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 2

Garage No

Private Pool No

Building

Story 1

Sewer Sanitary sewer

Architectural Style Bungalow

Others

Virtual Tour https://listings.nextdoorphotos.com/vd/246856481

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Maha Shahbazian

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194 GENEST STREET