222 Deschamps AVE new Save Request In-Person Tour Request Virtual Tour
Vanier And Kingsview Park,ON K1L 5Y9
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,648 sqft
Price per Sqft $246
MLS Listing ID X11919049
Annual Tax Amount $6,734
Tax Year 2024
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
Region 3402 - Vanier
City Region 3402 - Vanier
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Depth 64.26