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    For Sale - 213 Desrosiers Street, Vanier and Kingsview Park, Ontario

    Est payment $6,002/mo
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    Time on Jump  2 day

    AI Summary *

    • Well-maintained fourplex with strong in-place income from fully occupied units.
    • Flexible garage space offers options for storage or alternative uses.
    • Tenant-friendly amenities include parking, storage lockers, and coin-operated laundry.
    • Centrally located near downtown, transit, shopping, and recreational amenities.
    • Recent updates ensure a reliable and upgraded property for future development.




    Purpose-built fourplex on a 66' x 99' lot with n4b h zoning (formerly r4ud). This property offers both strong in-place income and excellent future development potential. This well-maintained property features four fully occupied residential units - two one-bedroom and two two-bedroom suites-plus a separately rented garage/warehouse currently used for storage, with flexibility for alternative uses such as a studio, loft-style space, or traditional parking. The building provides multiple income streams and tenant-friendly amenities, including designated parking for all tenants, storage lockers, coin-operated laundry, a utility room, and a convenient common powder room, for an annual total income of $90,600. 00 (cap rate of 5. 5%). Outdoor spaces include an upper deck and a private front garden patio with lattice screening, reflecting pride of ownership throughout this long-held asset. Key updates include thermopane windows (2006 with some windows also replaced within last 5 years), flat roof (2006, with metal roof on garage), fire retrofit (2010), and an owned boiler with water storage tank (2015). The property is fully upgraded with a 100 amp breaker panel, additional fuse panel, and no knob-and-tube wiring. Offering an ideal location at the corner of vanier parkway and montreal road, tenants love to be centrally located just steps from downtown ottawa. The property offers easy access to shopping, transit, schools, parks, and recreational amenities, making it highly attractive to tenants. The downtown core is easily reachable by foot, bike, car, or public transit. Includes: 4 fridges, 4 stoves, 2 hood fans, 1 microwave/hood fan, 1 dishwasher, 1 coin-operated washer, 1 coin-operated dryer, owned boiler, and 6 hydro meters. Note: 48-hour irrevocable required on all offers.
    Listing IDX13012740
    Address213 Desrosiers Street
    CityVanier and Kingsview Park, Ontario
    Price$1,249,900
    Bed / Bath6 / 5 Full
    Style2-Storey, Fourplex
    ConstructionStucco (Plaster),Other
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features NoneOutdoor Features Deck, PatioOwnership FreeholdBasement NoneFoundation ConcreteHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 6.00
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    Listing Agency:  ROYAL LEPAGE TEAM REALTY

    * 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.

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    213 Desrosiers Street
    Vanier and Kingsview Park , Ontario
    6 5 $1,249,900
    Get more info