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Team Realty

249 DESCHAMPS AVENUE

Ottawa, Ontario K1L5Z2

$819,999

ID# 1327515
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:43993)
Courtesy of RE/MAX HALLMARK REALTY GROUP
Listed on: January 24, 2023

On market: 10 days
Bathroom Total 0
Half Bathrooms Total 0
Year Built 1977
Cooling Type None
Flooring Type Mixed Flooring, Laminate, Tile
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2