$899,900
( $246.68Per Sq Foot )
 $4,831 est/mo Sourced by Back At You

222 Deschamps Avenue , Vanier and Kingsview Park, ON K1L 5Y9

Vanier and Kingsview Park, ON K1L 5Y9

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Description

INVESTMENT OPPORTUNITY! Six-unit apartment building in a great central location close to shopping, parks, trails, transit, and just minutes from downtown Ottawa. All units are spacious 1-bedroom apartments. Current rents: Apt. 1 - $1,010, Apt. 2 - $876, Apt. 3 - $795, Apt. 4 - $907, Apt. 5 - $1,350 (recently re-rented at market rate), Apt. 6 - $885. Rents are below market value for all units except Unit 5, which was recently rented at market rate. The other units are similar in size and layout. Seven hydro meters- 5 of the tenants pay for their hydro. Coin laundry in the basement (currently not in use). The building needs TLC, but has enormous potential to be a great addition to any investor's portfolio. Major upgrades: New roof (2012), Gas boiler (2012).

Details

MLS#X11919049
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site98
Listing Provided ByRIGHT AT HOME REALTY | X11919049 501700

Features

SQ Feet3,648
Acreage0.08
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 4 minutes ago
ProvinceON
CountyOttawa
CityVanier and Kingsview Park
Postal CodeK1L 5Y9
Area3402 Vanier
Listing VS Median (In K1L 5Y9)
Price:
$899,900
low | high
Med:
$899,900
50% of Average
SqFt:
3,648
low | high
Med:
3,648
50% of Average
$ / SqFt:
$247
low | high
Med:
$247
50% of Average
On site:
98
low | high
Med:
98.000000
100% of Average
Sourced by Back At You
Listing Updated: April 8, 2025 at 2:44:46 PM PDT