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222 Deschamps Avenue Ottawa, Ontario K1L 5Y9

3648 sqft
Hot Water Radiator Heat

$899,900

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. (id:50886)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number X11919049
Property Type Multi-family
Community Name 3402 - Vanier

Building

HeatingFuel Natural Gas
HeatingType Hot Water Radiator Heat
SizeExterior 3648 Sqft
SizeInterior 3648 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 64 Ft ,3 In
SizeFrontage 56 Ft ,10 In
SizeIrregular Bldg=56.91 X 64.26 Ft
SizeTotalText Bldg=56.91 X 64.26 Ft
ZoningDescription R4e

https://www.realtor.ca/real-estate/27792186/222-deschamps-avenue-ottawa-3402-vanier

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Dale J. Way
Salesperson


Right At Home Realty
14 Chamberlain Ave Suite 101
Ottawa, Ontario K1S 1V9

Rose Zeidan
Broker


Right At Home Realty
14 Chamberlain Ave Suite 101
Ottawa, Ontario K1S 1V9

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