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Active
222 Deschamps AVE Vanier And Kingsview Park, ON K1L 5Y9
3,648 SqFt
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 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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