222 DESCHAMPS AVENUE
Ottawa, Ontario K1L5Y9

$899,900

ID# X12029893
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). (id:25961)
Courtesy of RIGHT AT HOME REALTY
Listed on: March 19, 2025

On market: 17 days
Bathroom Total 6
Bedrooms Total 6
Heating Type Radiant heat
Heating Fuel Natural gas
Stories Total 2
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Address Price Bed Bath SqFt Area Sub Area Brokerage
201 METCALFE STREET Ottawa
201 METCALFE STREET
 $10,795,000 - - 66.57 x 112.5 FT ; 0 Ottawa COLDWELL BANKER SARAZEN REALTY
185 HENDERSON AVENUE Ottawa
185 HENDERSON AVENUE
 $3,150,000 - - 40 x 101 FT ; 0 Ottawa EXP REALTY
5800 QUEENSCOURT CRESCENT Ottawa
5800 QUEENSCOURT CRESCENT
 $2,999,000 5 5 155.16 x 454.33 FT ; 0 Ottawa ENGEL & VOLKERS OTTAWA
667 FENWICK WAY Ottawa
667 FENWICK WAY
 $3,800 5 5 38.19 x 98.36 FT ; 0 Ottawa ROYAL LEPAGE TEAM REALTY
2572 DOW STREET Ottawa
2572 DOW STREET
 $270,000 - - 158.83 FT ; 1|1/2 - 1.99 acres Ottawa EXIT REALTY MATRIX
123 YORK STREET Ottawa
123 YORK STREET
 $902,500 2 3 15.75 x 98.98 FT ; 0 Ottawa ROYAL LEPAGE PERFORMANCE REALTY
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Nicolas Blackburn

SALES REPRESENTATIVE

Direct: (613) 601.2224

nblackburn@royallepage.ca

Royal LePage Team Realty

1723 Carling Ave

Ottawa, Ontario

Canada K2A 1C8

Office: 613-725-1171

Toll Free: 1-800-307-1545

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