$899,900
222 Deschamps Avenue, Vanier and Kingsview Park, ON K1L 5Y9
Property Description
Property type
Investment
Lot size
N/A
Style
Approx. Area
3648 Sqft
About 222 Deschamps Avenue
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).
Home Overview
Last updated
Apr 27
Virtual tour
None
Basement information
Building size
3648
Status
In-Active
Property sub type
Investment
Maintenance fee
$N/A
Year built
--
Additional Details
Price Comparison
Location
Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - Deschamps Avenue
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