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222 Deschamps Ave

Deschamps AveEast EndOttawaON, K1L 5Y9

6
Beds
6
Baths
2,500 - 3,000
Sq. Ft.
$899,900
List Price
222 Deschamps Ave, Ottawa, ON
New
13 days on market

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),... Show More

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

Size

2,500 - 3,000 sq. ft.
6 Beds
6 Above Grade
6 Baths

Parking

2 Parking Spaces
-

Lot

Size
57′0″ * 64′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
Finished with Walk-Out
Exterior
Stucco (Plaster)
Foundation
Unknown
Builder Name
-
Stories
-
Flooring
-
Roof
Flat

Heating & Cooling

Heating
Radiant
Cooling
None

Utilities

Water
-
Sewer
Sewer
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$6,919

Source

Listing Brokerage

MLS® Listing
X12029893
Last Updated
March 20, 2025
Brokerage
RIGHT AT HOME REALTY
Call us 800-591-0566

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