DAVID OIKLE

BROKER

222 DESCHAMPS AVENUE
Ottawa, Ontario K1L5Y9

$899,900

ID# X11919049
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). (id:25961)

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General Inquiry
Courtesy of RIGHT AT HOME REALTY
Listed on: January 10, 2025

On market: 78 days
Heating Type Hot water radiator heat
Heating Fuel Natural gas

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Address Price Bed Bath SqFt Area Sub Area Brokerage
259 TRAIL SIDE CIRCLE Ottawa
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5901 PINEGLADE CRESCENT
 $599,900 3 3 20 x 85 FT Ottawa RE/MAX AFFILIATES REALTY LTD.
40 - 1295 LEDBURY AVENUE S Ottawa
40 - 1295 LEDBURY AVENUE S
 $405,000 3 2 Ottawa ROYAL LEPAGE TEAM REALTY
1201 - 3580 RIVERGATE WAY Ottawa
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505 - 215 PARKDALE AVENUE Ottawa
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DAVID OIKLE

BROKER

384 Richmond Road

Ottawa, ON. K2A 0E8

Phone: 613.729.9090

CONTACT DAVE

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