249 DESCHAMPS AVENUE, Ottawa, Ontario, K1L5Z2
Property TypeMulti-family Built in1977

WELCOME TO VISION VANIER! Excellent investment oppurtunity with great cash flow! Wonderfully maintained Fourplexe in the heart of Vanier mins away from Downtown Ottawa.This location is part of the "VISION VANIER" & is an umbrella initiative of City project that aims to revitalize Vanier and turn it into a modern Residential and commercial neighbourhood.This will be done through land-use planning, economic development, infrastructure improvements, transportation and mobility, and arts, culture and heritage.This lovely multi family home have been renovated in 2018 and all have separate hydro meters.Roofing done in 2013,HWT changed in 2014,new windows in 2016,Siding done in 2014.Take advantage of the this excellent investment opportunity.Vanier is getting a complete makeover & has been growing rapidly! It is being gentrified fast and prices are increasing at much higher rates than city averages. Property has a solid cap rate and awaiting its new ownership! NET:50,640 CAP:6.17% (id:46094)


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Details
Amenities NearbyPublic Transit, Shopping Community FeaturesSchool Bus
LeaseGross Parking Spaces3
StructurePorch TransactionFor sale
Zoning DescriptionRES R4E
Building
Basement DevelopmentPartially finished BasementFull (Partially finished)
Constructed Date1977 Construction Style AttachmentAttached
CoolingNone Exterior FinishSiding
FlooringMixed Flooring, Laminate, Tile FoundationBlock, Stone
Bathrooms (Half)0 Bathrooms (Total)0
Heating FuelNatural gas HeatingForced air
Storeys Total2 TypeFourplex
Utility WaterMunicipal water
Land
Size Frontage53 ft ,3 in Access TypeHighway access
AmenitiesPublic Transit, Shopping Current UseDevelopment residential
SewerMunicipal sewage system Size Depth59 ft
Size Irregular53.22 ft X 59 ft

Listing Office: RE/MAX HALLMARK REALTY GROUP

Data Provided by Ottawa Real Estate Board

Last Modified :24/01/2023 04:11:07 PM

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