More Photos

×

    For Sale - 147 Deschamps Avenue, Vanier and Kingsview Park, Ontario

    Est payment $19,203/mo
    Get pre-qualified
    Views   1
    Time on Jump  2 day

    AI Summary *

    • Turnkey 10-unit apartment building minutes from downtown Ottawa, with six three-bedroom units, three one-bedroom units, and a studio.
    • Modern kitchens, updated bathrooms, quality finishes, and in-suite laundry in every unit.
    • Three-bedroom suites feature quartz countertops and full-slab backsplashes.
    • Redevelopment includes new electrical, plumbing, heating, insulation, common areas, and fire safety systems.
    • Separately metered utilities help reduce operating expenses; exterior storage lockers may provide additional revenue.




    An exceptional opportunity to acquire a fully redeveloped, turnkey 10-unit apartment building just minutes from downtown ottawa. Extensively reconstructed from the studs and reconfigured into 10 modern residential units, this property offers investors a high-quality, income-producing asset with significant capital improvements already completed. The building features six spacious 3-bedroom apartments, three 1-bedroom units and one studio, providing a desirable rental mix with strong income potential. Each unit features modern kitchens, stainless steel appliances, updated bathrooms, quality finishes, and convenient in-suite laundry, with the spacious 3-bedroom suites further enhanced by quartz countertops and full-slab quartz backsplashes. Beyond the interiors, the extensive redevelopment includes all new electrical, plumbing & heating systems, upgraded insulation, modernized common areas and enhanced fire safety systems. A significant advantage is the separately metered hydro, gas and water for each unit, allowing tenants to pay their own utilities & helping minimize operating expenses. With major building systems replaced & high-quality finishes throughout, this property offers investors a low-maintenance asset with reduced near-term capital expenditure requirements. Four units offer affordable housing potential, which can support eligibility for cmhc mli select financing, subject to program requirements & approval. Additional revenue opportunities may exist through exterior storage lockers. Conveniently located near beechwood avenue, downtown ottawa, uottawa, montfort hospital, government employment hubs, shopping & public transit, the location offers broad tenant appeal. With attractive projected rental income, operating efficiencies and long-term appreciation potential, this is an ideal addition to an established investment portfolio. Detailed financial projections, operating expenses and cap rate analysis are available upon request.
    Listing IDX14157902
    Address147 Deschamps Avenue
    CityVanier and Kingsview Park, Ontario
    Price$3,999,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Gas Forced Air Open

    ASAP

    Tue

    10

    Nov

    Wed

    11

    Nov

    Thu

    12

    Nov

    Fri

    13

    Nov

    Sat

    14

    Nov

    Sun

    15

    Nov

    Mon

    16

    Nov

    Tue

    17

    Nov

    Wed

    18

    Nov

    Thu

    19

    Nov

    Fri

    20

    Nov

    Sat

    21

    Nov

    Sun

    22

    Nov

    Mon

    23

    Nov

    Tue

    24

    Nov

    Wed

    25

    Nov

    Thu

    26

    Nov

    Fri

    27

    Nov

    Sat

    28

    Nov

    Sun

    29

    Nov

    Mon

    30

    Nov

    Tue

    1

    Dec

    Wed

    2

    Dec

    Thu

    3

    Dec

    Fri

    4

    Dec

    Sat

    5

    Dec

    Sun

    6

    Dec

    Mon

    7

    Dec

    Tue

    8

    Dec

    By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

    Listing Brokerage: ENGEL & VOLKERS OTTAWA

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

    Recommended Properties

    We're in the process of adding more listings. Please check back soon!

    Loading...
    147 Deschamps Avenue
    Vanier and Kingsview Park , Ontario
    $3,999,000
    Get more info