249 Deschamps Avenue Ottawa, Ontario K1L 5Z2
$819,999
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:19066)
Property Details
| MLS® Number | 1327515 |
| Amenities Near By | Public Transit, Shopping |
| Community Features | School Bus |
| Parking Space Total | 3 |
| Property Type | Multi-family |
| Structure | Porch |
Building
| Basement Development | Partially Finished |
| Basement Type | Full (partially Finished) |
| Constructed Date | 1977 |
| Construction Style Attachment | Attached |
| Cooling Type | None |
| Exterior Finish | Siding |
| Fireplace Present | No |
| Flooring Type | Mixed Flooring, Laminate, Tile |
| Foundation Type | Block, Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Current Use | Development Residential |
| Land Amenities | Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 59 Ft |
| Size Frontage | 53 Ft ,3 In |
| Size Irregular | 53.22 Ft X 59 Ft |
| Size Total Text | 53.22 Ft X 59 Ft |
| Zoning Description | Res R4e |
https://www.realtor.ca/real-estate/25215038/249-deschamps-avenue-ottawa-vanier
Interested?
Contact us for more information
Mustafa Siddiqui
Salesperson
610 Bronson Avenue
Ottawa, ON K1S 4E6
(613) 236-5959
(613) 236-1515
www.hallmarkottawa.com
Murtaza Siddiqui
Broker
www.remaxhallmark.com
610 Bronson Avenue
Ottawa, ON K1S 4E6
(613) 236-5959
(613) 236-1515
www.hallmarkottawa.com
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group
25215038
January 24 2023 09:11:07
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Thanks for your interest. I look forward to hearing from you.
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