222 DESCHAMPS AVE Active

Vanier And Kingsview Park,ON K1L 5Y9

$ 999000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID X9518113

Annual Tax Amount $6,734

Tax Year 2023

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

State ON

County Ottawa

Area 3402 - Vanier

Rooms

Family Room No

Basement Full,Finished

Interior

Cooling Unknown

Heat Source Gas

Exterior

Garage Spaces 1.0

Pool None

Utilities Available Unknown

Roof Type Unknown

Building

Story 2

Others

Security Features Unknown

Pets Description Unknown

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