222 Deschamps Avenue, Ottawa, Ontario K1L5Y9
Retail
THB ฿21,122,381
CAD $899,900
Published on: 16 Jan 2025
Last updated on: 29 Mar 2025
Property ID: 310096783001
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Key property information
Floor Area
338.00 m2
222 Deschamps Avenue, Ottawa, Ontario K1L5Y9
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-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).
Property Details
Basic Info
Basic Info
Property Type
Retail
Address
222 Deschamps Avenue, Ottawa, Ontario K1L5Y9
Contact Agent
Contact Agent
Email enquiry to Right at Home Realty, Brokerage*
Dale Way
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Property ID: 310096783001
Original Property ID: EDENI-103450176* THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.
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