50 photos


$2,499,000
ActiveAbout this Property
-- Sellers are open to VTB -- Fully renovated 6-unit building, approximately 90% rebuilt with major capital expenditures completed in 2025. Completely vacant and exceptional value-add opportunity for investors or owner-occupants looking to establish market rents from day one.Each unit features modern finishes including melamine countertops, engineered wood flooring, and Samsung appliances (stove, refrigerator, dishwasher, and over-the-range microwave/hood fan included). Units are equipped with individual hot water tanks, air exchangers, and heat pumps, with primary heating via electric baseboards.The building offers a central fire protection system including an FX-4000 intelligent fire detection and voice evacuation system. Telecommunications wiring (Bell and Videotron) has already been installed in each unit. Each apartment has its own 100-amp electrical panel.Additional features include new rear balconies, crank-style windows, commercial-grade carpeting in common stairways, and solid concrete separation walls between left and right units for enhanced soundproofing and fire resistance.Turnkey asset with strong income potential and minimal capital expenditure required. Ideally located near services, public transit, and amenities.A rare opportunity on the Ottawa market.
Listed by RE/MAX HALLMARK REALTY GROUP · MLS# X13144942
About Vanier
Vanier is a compact urban neighbourhood located just east of the Rideau River from downtown Ottawa, undergoing a significant revitalization that has caught the attention of savvy buyers, investors, and first-time homeowners looking for affordable central living with strong appreciation potential. Once a separate francophone municipality before amalgamation, Vanier retains a distinctive French-Canadian cultural identity while embracing the multicultural diversity that has become one of its defining characteristics.
Features & Details
Property details of 75 Genest Street, Ottawa, ON
Market Insights for Multiplex in Ottawa
Based on 3 sales in the last 90 days · Showing city-wide data
Seller’s Market
Demand is outpacing supply. Sellers can expect competitive offers and strong pricing.
New Listings
3
Avg Days on Market
20 days
Avg Price/Sq Ft
$350
Location
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Cash Flow Analysis
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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