222 DESCHAMPS Ave

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Listing courtesy of RIGHT AT HOME REALTY

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.

Listing courtesy of RIGHT AT HOME REALTY. Listing data ©2024 Toronto Real Estate Board. Information deemed reliable but not guaranteed by TREB. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Data last updated: Tuesday, October 29th, 2024 05:31:39 AM.
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Price:$999,000
Address:222 DESCHAMPS Ave
City:Vanier and Kingsview Park
County:Ottawa
State:Ontario
Zip Code:K1L 5Y9
MLS:X9518113
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