249 Deschamps Avenue, Ottawa, Ontario K1L5Z2

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.

$819,999
List Price
$819,999
MLS®
1327515
Days on Market
7
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Subdivision
Vanier

Property Description

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:2579)

Additional Information

Heating Fuel
Natural gas
Subdivision
Vanier
Parking Spaces
3
Levels
2
Country
Canada
Flooring
Mixed Flooring, Laminate, Tile
Sewer
Municipal sewage system
Frontage Length
53 ft ,3 in
Community Features
School Bus
Heating
Forced air
Total Number Of Units
4
Stories
2

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks