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222 Deschamps Avenue Vanier And Kingsview Park, Ontario K1L 5Y9

Radiant Heat

$999,000

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:28469)

Property Details

MLS® Number X9518113
Property Type Multi-family
Neigbourhood Vanier
Community Name 3402 - Vanier
ParkingSpaceTotal 1

Building

BasementDevelopment Finished
BasementType Full (finished)
ExteriorFinish Stucco
HeatingFuel Natural Gas
HeatingType Radiant Heat
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 64 Ft ,3 In
SizeFrontage 56 Ft ,10 In
SizeIrregular Unit=56.91 X 64.26 Ft ; 1
SizeTotalText Unit=56.91 X 64.26 Ft ; 1
ZoningDescription R4e