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  • X11919049
  • MLS® Number
  • Property Type
  • Investment, Commercial
  • Acres
  • Land Area
  • 3648 Sqft
  • Area Size

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

  • $899,900

Description

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).

Details

MLS® Number X11919049
Property Size 3648 Sqft
Updated on October 21, 2025 at 5:28 pm

Additional details

  • Utilities: Yes
  • Cooling: No
  • County: Ottawa
  • Property Type: Commercial Sale

Address

  • Address: 222 Deschamps Avenue
  • City: Vanier And Kingsview Park
  • State/county: ON
  • Zip/Postal Code: K1L 5Y9
  • Country: CA

Contact Information

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