Vanier And Kingsview Park, ON K1L 5Y9,222 Deschamps AVE
$899,900
Est. payment /mo
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3,648 SqFt
Active

222 Deschamps AVE Vanier And Kingsview Park, ON K1L 5Y9

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UPDATED:

01/22/2025 09:30 PM

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 3,648 sqft

Price per Sqft $246

Subdivision 3402 - Vanier

MLS Listing ID X11919049

Annual Tax Amount $6,734

Tax Year 2024

Property Sub-Type Investment

Property Description

INVESTMENT Opportunity! SIX-UNIT apartment building. A great CENTRAL LOCATION: easy access to shopping, parks, trails, transit, and just minutes from downtown Ottawa. All the units are extremely spacious 1 bedroom apartments. Current rents: Apt. 1 - $1010, Apt. 2 - $876, Apt. 3 - $795, Apt. 4 - $907, Apt. 5 - $1350 (recently re-rented), Apt. 6 - $885. Seven hydro meters; tenants pay their own hydro. Below-market-value rents indicate long-term tenants. Coin laundry in the basement is currently not being utilized. The building needs TLC but has lots of potential to make this a great addition to any investor's portfolio. Major upgrades history include new roof in 2012 and the gas boiler in 2012.

Location

Province ON

County Ottawa

Community 3402 - Vanier

Area Ottawa

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 56.91

Lot Depth 64.26


Listed by RIGHT AT HOME REALTY

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agent

Jeff Othen

Operator

+1(647) 296-5605

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222 Deschamps AVE