249 Deschamps Avenue Ottawa, Ontario K1L 5Z2
$800,000
Excellent investment opportunity with great cash flow. This fourplex is located in the heart of Vanier with a 10-15 minute drive from downtown Ottawa. This is location is part of the "VISION VANIER" revitalization initiative with the City of Ottawa and the Vanier BIA. Montreal Road is in the final stages of a complete rebuild that has taken place over the last three years. Plenty of gentrification going on while keeping its eye on the past to preserve its history. Many upgrades over the years, including the Roof (2013), Windows (2016), Furnace (2022) and Front Siding (2014). Rents are quite a bit below market value which offers the new owner great upside potential on future revenue. One Bachelor Unit is currently vacant. 24-hours notice for showings. 24 hours irrevocable and Schedule B to accompany all offers. (id:42003)
Property Details
| MLS® Number | 1347603 |
| Property Type | Multi-family |
| Neigbourhood | Vanier |
| Amenities Near By | Public Transit, Recreation Nearby, Shopping |
| Parking Space Total | 2 |
Building
| Basement Development | Unfinished |
| Basement Features | Low |
| Basement Type | Full (unfinished) |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Brick, Siding |
| Flooring Type | Mixed Flooring, Hardwood, Tile |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Gravel | |
| Shared | |
| Street Permit |
Land
| Acreage | No |
| Current Use | Development Residential |
| Land Amenities | Public Transit, Recreation Nearby, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 58 Ft ,11 In |
| Size Frontage | 53 Ft ,2 In |
| Size Irregular | 53.18 Ft X 58.93 Ft |
| Size Total Text | 53.18 Ft X 58.93 Ft |
| Zoning Description | R4e Residential |
https://www.realtor.ca/real-estate/25743135/249-deschamps-avenue-ottawa-vanier
Interested?
Contact us for more information
Thom Fountain
Broker
610 Bronson Avenue
Ottawa, Ontario K1S 4E6
(613) 236-5959
(613) 236-1515
www.hallmarkottawa.com
Murtaza Siddiqui
Broker
www.remaxhallmark.com
610 Bronson Avenue
Ottawa, Ontario K1S 4E6
(613) 236-5959
(613) 236-1515
www.hallmarkottawa.com
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June 21 2023 08:11:16
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group
