DAVID OIKLE

BROKER

222 DESCHAMPS AVENUE
Ottawa, Ontario K1L5Y9

$899,900

ID# X12029893
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- 5 of the 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: March 19, 2025

On market: 38 days
Bathroom Total 6
Bedrooms Total 6
Heating Type Radiant heat
Heating Fuel Natural gas
Stories Total 2

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Address Price Bed Bath SqFt Area Sub Area Brokerage
300 BROADBRIDGE CRESCENT Ottawa
300 BROADBRIDGE CRESCENT
 $689,900 3 3 39.7 x 93.4 FT Ottawa POWER MARKETING REAL ESTATE INC.
120 TAPESTRY DRIVE Ottawa
120 TAPESTRY DRIVE
 $899,900 4 3 46.8 x 88.5 FT Ottawa POWER MARKETING REAL ESTATE INC.
1116 OLD MONTREAL ROAD Ottawa
1116 OLD MONTREAL ROAD
 $399,900 - - 116 x 196 FT|1/2 - 1.99 acres Ottawa RE/MAX DELTA REALTY
705 - 1171 AMBLESIDE DRIVE Ottawa
705 - 1171 AMBLESIDE DRIVE
 $329,900 2 1 Ottawa BENNETT PROPERTY SHOP REALTY
20 ANGEL HEIGHTS Ottawa
20 ANGEL HEIGHTS
 $1,190,000 4 5 38.5 x 105.2 FT Ottawa EXP REALTY
167 HIGHBURY PARK DRIVE Ottawa
167 HIGHBURY PARK DRIVE
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DAVID OIKLE

BROKER

384 Richmond Road

Ottawa, ON. K2A 0E8

Phone: 613.729.9090

CONTACT DAVE

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